Example ContractsClausesNotice of Certain Events
Notice of Certain Events
Notice of Certain Events contract clause examples

Notice of Certain Events. Promptly upon becoming aware thereof (and in any event within two (2) Business Days), notice of # any Value Adjustment Event, # any other event or circumstance (excluding matters of a general economic, financial or political nature to the extent that they could not reasonably be expected to have a disproportionate effect on the Borrower) that could reasonably be expected to result in a Material Adverse Effect, or # any event or circumstance whereby any Loan which was included in the latest calculation of the Availability as an Eligible Loan shall fail to meet one or more of the criteria (other than criteria waived by the Administrative Agent on or prior to the related Funding Date in respect of such Loan) listed in the definition ofEligible Loan”; and

Notice of Certain Events. If Company proposes at any time # to declare any dividend or distribution upon its capital stock, whether in cash, property, stock, or other securities and whether or not a regular cash dividend; # to offer for subscription pro rata to the holders of any class or series of its stock any additional shares of stock of any class or series or other rights; # to effect any reclassification or recapitalization of Common Stock; or # to consummate any Acquisition, or to liquidate, dissolve or wind up the Company, then, in connection with each such event, the Company shall give Holder # in the case of the matters referred to in [clauses (a) and (b) above] at least 20 days prior written notice of the date on which a record will be taken for such dividend, distribution, or subscription rights (and specifying the date on which the holders of Common Stock will be entitled thereto) or for determining rights to vote, if any, in respect of the matters referred to in [clauses (c) and (d) above]; and # in the case of the matters referred to in [(c) and (d) above] at least 20 days prior written notice of the date when the same will take place (and specifying the date on which the holders of Common Stock will be entitled to exchange their Common Stock for securities or other property deliverable upon the occurrence of such event).

Notice of Certain Events. If: # the Company shall declare any dividend or distribution upon its outstanding Common Stock, payable in stock, cash, property or other securities (provided that, and to the extent applicable under the Loan Agreement, the Warrantholder in its capacity as lender under the Loan Agreement consents to such dividend); # the Company shall offer for subscription pro rata to the holders of its Common Stock any additional shares of stock of any class or other rights; # there shall be any Merger Event; or # there shall be any voluntary dissolution, liquidation or winding up of the Company; then, in connection with each such event, the Company shall give the Warrantholder notice thereof at the same time and in the same manner as it gives notice thereof to the holders of outstanding Common Stock. In addition, if at any time the number of shares of Common Stock (or other securities of any other class or classes of securities of the Company for which this Warrant is then exercisable) outstanding is reduced such that the number of shares of Common Stock or other securities issuable upon exercise of this Warrant shall exceed five percent (5%) of the then outstanding class of such securities, then, within three (3) business days of such event, the Company shall give the Warrantholder written notice thereof.

Notice of Certain Events. Borrower shall promptly, but in any event within five (5) Business Days, notify Lender in writing of the occurrence of any of the following:

Notice of Certain Events. Prior to the Closing, each party shall promptly notify the other parties after learning of # any Material Adverse Effect with respect to such party, # any material Actions commenced or, to its knowledge, threatened, involving the Purchased Assets, # any representation or warranty made by such party in this Agreement becoming untrue or inaccurate in any material respect, or # any failure by such party to comply with or satisfy, in any material respect, any covenant, condition or agreement to be complied with or satisfied by it under this Agreement. The disclosure by any party of any such matters shall not constitute an admission by it that any such matters constitute or give rise to a Material Adverse Effect (other than any matter for which notice is provided under [subsection (a)]), failure of a condition under [Sections 5.2 or 5.3]3], as applicable, or a right to terminate in accordance with ARTICLE VI.

Notice of Certain Events. To the extent permitted by applicable statute, rule or regulation, the Company shall provide written notice to the Noteholder of the occurrence of any of the following events as soon as practicable, but in no event later than fifteen (15) Business Days following the Company becoming aware of the occurrence of such event:

Notice of Certain Events. Each party will give prompt notice to the other parties of # the occurrence, or failure to occur, of any event which occurrence or failure would be likely to cause any representation or warranty of the Company, Seller or Buyer, as the case may be, contained in this Agreement to be untrue or inaccurate at any time from the date hereof to the Closing Date or that will or may result in the failure to satisfy any of the conditions specified in Article VII or Article VIII hereof and # any failure of the Company, Seller or Buyer, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by any of them under this Agreement. Seller and the Company acknowledge that Buyer does not and will not waive any rights it may have under this Agreement as a result of any such notifications.

From the date hereof until the Closing, each Seller and the Principals shall promptly notify the Purchaser in writing of:

Notice of Certain Events. If a Deemed Liquidation Event shall be effected, then # if not expressly exercised pursuant to Section 2 prior to such Deemed Liquidation Event, this Warrant shall be cancelled without any payment therefor immediately prior to the consummation of such Deemed Liquidation Event and Holder’s right to purchase the Shares shall terminate immediately. The Company shall provide or cause to be provided to the Holder written notice of such event no less than ten (10) business days prior to the consummation of a Deemed Liquidation Event.

Notice of Certain Events. Promptly upon a Responsible Officer of the Borrower obtaining knowledge thereof (and, in any event, within five (5) Business Days, or, solely with respect to a Material Modification specified in clause (f) of the definition thereof, one (1) Business Day), notice of # any Collateral Manager Termination Event, # any Assigned Value Adjustment Event, # any failure to comply with [Section 5.1(r), (4)])] any other event or circumstance that could reasonably be expected to have a Material Adverse Effect, # any event or circumstance whereby any Loan which was included in the latest calculation of the Borrowing Base as an Eligible Loan shall fail to meet one or more of the criteria (other than criteria waived by the Administrative Agent, on or prior to the related Funding Date in respect of such Loan), or # unless notice of such default has been provided by the Collateral Manager under [Section 5.3(i)], the occurrence of any default by an Obligor on any Loan in the payment of principal or interest, a financial covenant default or that would result in an Assigned Value Adjustment Event;

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.