Notice of Proposed Issuance Sample Clauses

Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrower shall give the relevant LC Issuing Bank and the Administrative Agent at least three Domestic Business Days' prior notice (i) specifying the date such Letter of Credit is to be issued and (ii) describing the proposed terms of such Letter of Credit and the nature of the transactions to be supported thereby. Promptly after it receives such notice, the Administrative Agent shall notify each Lender of the contents thereof.
AutoNDA by SimpleDocs
Notice of Proposed Issuance. In the event the Company proposes to undertake an issuance of New Securities, it shall give to the Holders written notice (the “Notice”) of its intention, describing the type of New Securities, the price, the terms upon which the Company proposes to issue the same, the date of the proposed issuance and a statement as to the number of days from receipt of such Notice within which the Holders must respond to such Notice. The Holders shall have twenty (20) days from the date of receipt of the Notice to purchase any or all of the New Securities for the price and upon the terms specified in the Notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased and forwarding payment for such New Securities to the Company if immediate payment is required by such terms, or in any event no later than the date of the proposed issuance as set forth in the Notice. If not all of the Holders elect to purchase their pro rata share of the New Securities, then the Company shall promptly notify in writing the Holders who do so elect to purchase all of their pro rata portion of the New Securities and shall offer such subscribing Holders the right to acquire their pro rata portion of any unsubscribed New Securities. Each subscribing Holder shall have five (5) days after receipt of such notice to notify the Company in writing of its election to purchase all of its pro rata portion of the unsubscribed New Securities. If the Holders fail to exercise in full their first refusal rights, the Company may sell the New Securities for which the Holders first refusal rights were not exercised, at a price and upon terms and conditions no more favorable then specified in the Notice.
Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrower shall give the Bank at least two (2) Business Days' prior notice (i) specifying the date such Letter of Credit is to be issued and (ii) describing the proposed terms of such Letter of Credit and the nature of the transactions to be supported thereby.
Notice of Proposed Issuance. 10 (c) Conditions to Issuance...................................... 10 (d) Expiry Dates................................................ 11 (e) Drawings.................................................... 11 (f) Reimbursement by the Borrower............................... 11 (g)
Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrower shall give the relevant Issuer and the Administrative Agent at least five Domestic Business Daysprior notice (i) specifying the date such Letter of Credit is to be issued and (ii) describing the proposed terms of such Letter of Credit (which shall not be an Evergreen Letter of Credit without the consent of the Issuer thereof) and the nature of the transactions to be supported thereby. Promptly after it receives such notice, the Administrative Agent shall notify each Tranche I Revolving Lender of the contents thereof.
Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrower shall give the relevant LC Issuing Bank and the Administrative Agent at least five Domestic Business Days' prior notice, substantially in the form of Exhibit F-2 hereto (a "LC Request") ( ) specifying the date such Letter of Credit is to be issued, ( ) describing the proposed terms of such Letter of Credit and the nature of the transactions proposed to be supported thereby and () specifying the Account Party for such Letter of Credit, which may be the Borrower. Upon receipt of an LC Request, the Administrative Agent shall promptly notify each Lender of the contents thereof.
Notice of Proposed Issuance. In the event the Company proposed to undertake an issuance or sale of New Securities, it shall give each Investor written notice of its intention, describing the type of New Securities, their price and the general terms upon which the Company proposes to issue such New Securities. Each Investor shall have twenty (20) days after any such notice is delivered to exercise its option to purchase up to its pro rata portion of such New Securities at the price and upon the terms specified in the notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased.
AutoNDA by SimpleDocs
Notice of Proposed Issuance. In the event the Company proposes to undertake an issuance of New Securities, it shall give to the Purchaser written notice (the “Notice”) of its intention, describing the type of New Securities, the price, the terms upon which the Company proposes to issue the same, the date of the proposed issuance and a statement as to the number of days from receipt of such Notice within which the Purchaser must respond to such Notice. The Purchaser shall have fifteen (15) days from the date of receipt of the Notice to purchase any or all of its pro rata share (as defined in Section 5(a) above) of the New Securities for the price and upon the terms specified in the Notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased and forwarding payment for such New Securities to the Company if immediate payment is required by such terms, or in any event no later than the date of the proposed issuance as set forth in the Notice.
Notice of Proposed Issuance. Except with respect to Exempt Issuances (as defined in Section 2.3 below), in the event that the Company proposes to issue any (i) shares of Common Stock, (ii) warrants, options or other rights to acquire shares of Common Stock or (iii) any notes, debentures or other securities convertible into, exercisable for or exchangeable for shares of Common Stock (collectively, "Company Securities"), the Company will deliver to the Investors a written notice (the "Offer Notice") prior to effecting any such issuance (the "New Issuance"), informing each Investor of such New Issuance and advising the Investors that upon notice to the Company given within thirty (30) days after the Offer Notice is deemed to have been given to the Investors hereunder (the "Offer Period"), they will have the right to purchase for cash (assuming the New Issuance is completed) at an amount equal to the price or other consideration (the value of which to be determined in good faith by the Board) for which such securities are proposed to be issued and on the same terms and conditions as the Company is offering such Company Securities to third-parties, a number of such securities so that, after giving effect to such New Issuance (and the conversion, exercise and exchange into or for (whether directly or indirectly) shares of Common Stock of all such Company Securities), such Investor will continue to maintain its same proportionate equity ownership in the Company on a Fully Diluted Basis as of the date of the Offer Notice (treating each Investor, for the purpose of such computation, as the holder of the number of shares of Common Stock which would be issuable to such Investor upon conversion, exercise and exchange of all securities, assuming the like conversion, exercise and exchange of all such other securities held by other Persons). The Offer Notice shall describe in reasonable detail the securities proposed to be issued by the Company and specify the number, price, payment terms, whether the offering is to the public or to a specific purchaser or purchasers, and, if to a specific purchaser or purchasers, the name(s) of such purchaser or purchasers.
Notice of Proposed Issuance. With respect to each Additional Letter of Credit, Vencor shall give the relevant LC Issuing Bank and the Administrative Agent at least three Domestic Business Days' prior notice (i) specifying the date such Additional Letter of Credit is to be issued, (ii) describing the proposed terms of such Additional Letter of Credit and the nature of the transactions proposed to be supported thereby and (iii) specifying the Account Party for such Additional Letter of Credit, which may be Vencor, any of its Subsidiaries or any partnership in which it is a general partner or any other entity managed by it. Upon receipt of such notice, the Administrative Agent shall promptly notify each Bank of the contents thereof.
Time is Money Join Law Insider Premium to draft better contracts faster.