Notice of Corporate Events. If the # declares a dividend or any other distribution of cash, securities or other property in respect of its Common Stock, including without limitation any granting of rights or warrants to subscribe for or purchase any capital stock of the or any subsidiary of Parent (other than excluded transactions under [clause (i)] of paragraph (a)), # authorizes and publicly approves, or enters into any agreement contemplating or solicits shareholder approval for any Fundamental Transaction or # publicly authorizes the voluntary dissolution, liquidation or winding up of the affairs of the , then the shall deliver to the Investor a notice describing the material terms and conditions of such transaction, at least 20 calendar days prior to the applicable record or effective date on which a person would need to hold Common Stock in order to participate in or vote with respect to such transaction, and the will take all steps reasonably necessary in order to insure that the Investor is given the practical opportunity to convert this Note into Common Stock under [Section 9] hereof prior to such time so as to participate in or vote with respect to such transaction; provided, however, that the failure to deliver such notice or any defect therein shall not affect the validity of the corporate action required to be described in such notice.
Notice of Corporate Events. IfIf, while this Warrant is outstanding, the Company # declares a dividend or any other distribution of cash, securities or other property in respect of its Common Stock, includingincluding, without limitationlimitation, any granting of rights or warrants to subscribe for or purchase any capital stock of the Company or any subsidiary of Parent (other than excluded transactions under [clause (i)] of paragraph (a)),subsidiary, # authorizes and publiclyor approves, or enters into any material definitive agreement contemplating or solicits shareholderstockholder approval for any Fundamental Transaction or # publicly authorizes the voluntary dissolution, liquidation or winding up of the affairs of the , thenCompany, then, except if such notice and the contents thereof shall be deemed to constitute material non-public information, the Company shall deliver to the InvestorHolder a notice describing the material terms and conditions of such transaction,transaction at least 20 calendarten (10) days prior to the applicable record or effective date on which a personPerson would need to hold Common Stock in order to participate in or vote with respect to such transaction, and the will take all steps reasonably necessary in order to insure that the Investor is given the practical opportunity to convert this Note into Common Stock under [Section 9] hereof prior to such time so as to participate in or vote with respect to such transaction; provided, however, that the failure to deliver such notice or any defect therein shall not affect the validity of the corporate action required to be described in such notice. In addition, if while this Warrant is outstanding, if the Company enters into any material definitive agreement contemplating or solicits stockholder approval for any Fundamental Transaction contemplated by [Section 9(c)], other than a Fundamental Transaction under , the Company shall deliver to the Holder a notice of such Fundamental Transaction at least fifteen (15) days prior to the date such Fundamental Transaction is consummated. To the extent that any notice provided hereunder constitutes, or contains, material, non-public information regarding the Company or any of its subsidiaries, the Holder shall keep such information confidential until the Company shall file such notice with the Commission pursuant to a Current Report on Form 8-K.
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.