Common use of Notice of Triggering Event Clause in Contracts

Notice of Triggering Event. The Company shall notify Grantee in writing as promptly as practicable following its becoming aware of the occurrence of any Triggering Event, it being understood that the giving of such notice by the Company shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred and that the failure to give such notification shall not itself be deemed to be a breach of this Agreement for purposes of Section 8.1(e)(viii) of the Merger Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (America Online Inc)

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Notice of Triggering Event. The Company shall notify Grantee in writing as promptly as practicable following its becoming aware of the occurrence of any Triggering Event, it being understood that the giving of such notice by the Company shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred and that the failure to give such notification shall not itself be deemed to be a breach of this Agreement for purposes of Section 8.1(e)(viii9.1(g)(iv) of the Merger Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (America Online Inc)

Notice of Triggering Event. The Company shall notify Grantee -------------------------- in writing as promptly as practicable following its becoming aware of the occurrence of any Triggering Event, it being understood that the giving of such notice by the Company shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred and that the failure to give such notification shall not itself be deemed to be a breach of this Agreement for purposes of Section 8.1(e)(viii) of the Merger Agreementoccurred.

Appears in 1 contract

Samples: Stock Option Agreement (Answerthink Consulting Group Inc)

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Notice of Triggering Event. The Company shall notify Grantee in writing as promptly as practicable following its becoming aware of the occurrence of any Triggering Event, it being understood that the giving of such notice by the Company shall not be a condition to the right of Grantee to exercise the Option or for a Triggering Event to have occurred and that the failure to give such notification shall not itself be deemed to be a breach of this Agreement for purposes of Section 8.1(e)(viii) of the Merger Agreement.. (e)

Appears in 1 contract

Samples: Stock Option Agreement (Moviefone Inc)

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