Common use of TAKING OF RECORD Clause in Contracts

TAKING OF RECORD. STOCK AND WARRANT TRANSFER BOOKS -------------------------------------------------- In the case of all dividends or other distributions by the Company to the holders of its Common Shares with respect to which any provision of Section 4 refers to the taking of a record of such holders, the Company will in each such case take such a record and will take such record as of the close of business on a Business Day. The Company will not at any time, except upon dissolution, liquidation or winding up of the Company, close its stock transfer books or Warrant transfer books so as to result in preventing or delaying the exercise or transfer of any Warrant.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Lighting Technologies Inc), Advanced Lighting Technologies Inc

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TAKING OF RECORD. STOCK AND WARRANT TRANSFER BOOKS -------------------------------------------------- In the case of all dividends or other distributions by the Company to the holders of its Common Shares Stock with respect to which any provision of Section 4 refers to the taking of a record of such holders, the Company will in each such case take such a record and will take such record as of the close of business on a Business Day. The Company will not at any time, except upon dissolution, liquidation or winding up of the Company, close its stock transfer books or Warrant transfer books so as to result in preventing or delaying the exercise or transfer of any Warrant.

Appears in 1 contract

Samples: Level 8 Systems Inc

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TAKING OF RECORD. STOCK AND WARRANT TRANSFER BOOKS -------------------------------------------------- In the case of all dividends or other distributions by the Company to the holders of its Common Shares Conunon Stock with respect to which any provision of Section 4 refers to the taking of a record of such holders, the Company will in each such case take such a record and will take such record as of the close of business on a Business Day. The Company will not at any time, except upon dissolution, liquidation or winding up of the Company, close its stock transfer books or Warrant transfer books so as to result in preventing or delaying the exercise or transfer of any WarrantWarrants or any Warrant Stock.

Appears in 1 contract

Samples: Warrant Agreement (Collegis Inc)

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