Common use of Voluntary Increase Clause in Contracts

Voluntary Increase. The Company from time to time may increase the Warrant Number by any amount for any period of time (including, without limitation, permanently) if the period is at least 20 Business Days and if the increase is irrevocable during the period. Whenever the Warrant Number is increased, the Company shall mail to the Holders a notice of the increase. The Company shall mail the notice at least 15 days before the date the increased Warrant Number takes effect. The notice shall state the increased Warrant Number and the period it will be in effect. An increase of the Warrant Number under this Subsection (c) (other than a permanent increase) does not change or adjust the Warrant Number otherwise in effect for purposes of subsection (a) of this Section 9.

Appears in 5 contracts

Samples: Warrant Agreement (Ixl Enterprises Inc), Warrant Agreement (Ixl Enterprises Inc), Warrant Agreement (Ixl Enterprises Inc)

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Voluntary Increase. The Company from time to time may increase the Warrant Number by any amount for any period of time (including, without limitation, permanently) if the period is at least 20 Business Days and if the increase is irrevocable during the period. Whenever the Warrant Number is increased, the Company shall mail to the Holders a notice of the increase. The Company shall mail the notice at least 15 days before the date the increased Warrant Number takes effect. The notice shall state the increased Warrant Number and the period it will be in effect. An increase of the Warrant Number under this Subsection (c) (other than a permanent increase) does not change or adjust the Warrant Number otherwise in effect for purposes of subsection (a) of this Section 98.

Appears in 5 contracts

Samples: Warrant Agreement (Ixl Enterprises Inc), Warrant Agreement (Ixl Enterprises Inc), Warrant Agreement (Ixl Enterprises Inc)

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Voluntary Increase. The Company from time to time may increase the Warrant Number by any amount for any period of time (including, without limitation, permanently) if the period is at least 20 Business Days business days and if the increase is irrevocable during the period. Whenever the Warrant Number is increased, the Company shall mail to the Holders a notice of the increase. The Company shall mail the notice at least 15 days before the date the increased Warrant Number takes effect. effect The notice shall state the increased Warrant Number and the period it will be in effect. An increase of the Warrant Number under this Subsection (c) (other than a permanent increase) does not change or adjust the Warrant Number otherwise in effect for purposes of subsection (a) of this Section 9.

Appears in 2 contracts

Samples: Warrant Agreement (Ixl Enterprises Inc), Warrant Agreement (Ixl Enterprises Inc)

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