Common use of Effect of Certain Events Clause in Contracts

Effect of Certain Events. (a) If at any time the Company proposes to sell or otherwise convey all or substantially all of its assets, a sale in which the consideration to be received by the Company or its stockholders consists solely of cash, the Company shall give the Investor thirty (30) days' notice of the proposed effective date of the transaction specifying that the Warrant shall terminate if the Warrant has not been exercised by the effective date of the transaction.

Effect of Certain Events. (a) If at any time the Company proposes to sell or otherwise convey all or substantially all of its assets, a sale in which the consideration to be received by the Company or its stockholders shareholders consists solely of cash, the Company shall give the Investor holder of this Warrant thirty (30) days' notice of the proposed effective date of the transaction specifying that the Warrant shall terminate if the Warrant has not been exercised by the effective date of the transaction.

Effect of Certain Events. (a) If at any time the Company proposes to sell or otherwise convey all or substantially all of its assets, a sale in which the consideration to be received by the Company or its stockholders members consists solely of cash, the Company shall will give the Investor thirty (30) days' ’ notice of the proposed effective date of the transaction specifying that the Warrant shall will terminate if the Warrant has not been exercised by the effective date of the transaction. If Investor exercises its option under this section, the option will be net exercisable.