Common use of Notice by Issuer Clause in Contracts

Notice by Issuer. Issuer shall notify Grantee promptly in writing of the occurrence of any Preliminary Purchase Event or Purchase Event; PROVIDED, HOWEVER, that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option.

Appears in 9 contracts

Samples: Stock Option Agreement (Regency Bancorp), Stock Option Agreement (Sc Bancorp), Stock Option Agreement (Americorp)

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Notice by Issuer. Issuer shall notify Grantee promptly in writing of the occurrence of any Preliminary Purchase Event or Purchase Event; PROVIDEDprovided, HOWEVERhowever, that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option.

Appears in 3 contracts

Samples: Stock Option Agreement (California Commercial Bankshares), Agreement and Plan of Merger (Landmark Financial Corp /De), Stock Option Agreement (Western Bancorp)

Notice by Issuer. Issuer shall notify Grantee promptly in ---------------- writing of the occurrence of any Preliminary Purchase Event or Purchase Event; PROVIDEDprovided, HOWEVERhowever, that the giving of such notice by Issuer shall not -------- ------- be a condition to the right of Grantee to exercise the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Vectra Banking Corp)

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Notice by Issuer. Issuer shall notify Grantee promptly in writing of the occurrence of any Preliminary Purchase Event or Purchase Event; PROVIDEDprovided, HOWEVERhowever, that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Bath National Corp)

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