Common use of Notice of Triggering Event Clause in Contracts

Notice of Triggering Event. Issuer shall notify Grantee promptly in writing of the occurrence of any Triggering Event, it being understood that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred.

Appears in 18 contracts

Samples: Company Stock Option Agreement (American Oncology Resources Inc /De/), Company Stock Option Agreement (Physician Reliance Network Inc), Stock Option Agreement (Ornda Healthcorp)

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Notice of Triggering Event. Issuer shall will notify Grantee promptly in writing of the occurrence of any Initial Triggering Event or Subsequent Triggering Event (together, a "Triggering Event"), it being understood that the giving of such notice by Issuer shall is not be a condition to the right of Grantee the Holder to exercise the Option or for a Triggering Event to have occurredOption.

Appears in 2 contracts

Samples: Stock Option Agreement (Westerfed Financial Corp), Stock Option Agreement (Alliance Bancorp)

Notice of Triggering Event. Issuer shall notify Grantee promptly -------------------------- in writing of the occurrence of any Triggering Event, it being understood that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred.

Appears in 1 contract

Samples: Stock Option Agreement (McKesson Corp)

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Notice of Triggering Event. Issuer shall notify Grantee promptly in -------------------------- writing of the occurrence of any Triggering Event, it being understood that the giving of such notice by Issuer shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred.

Appears in 1 contract

Samples: Stock Option Agreement (McKesson Corp)

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