Common use of NOTICES OF RECORD DATES Clause in Contracts

NOTICES OF RECORD DATES. If: (a) the Corporation establishes a record date to determine the Series A Holders who are entitled to receive any dividend or other distribution; or (b) there occurs any Stock Split or other capital reorganization of the Corporation, any reclassification of the capital of the Corporation, any Change of Control Event, or any Liquidation Event, the Corporation will deliver to each Series A Holder, at least 20 days prior to such record date or the proposed effective date of the relevant transaction, a notice specifying: (i) the date of such record date for the purpose of such dividend or distribution and a description of such dividend or distribution; (ii) the date on which any such reorganization, reclassification, Change of Control Event or Liquidation Event is expected to become effective; and (iii) the time, if any, that is to be fixed as to when the holders of record of Common Shares (or other securities) are entitled to exchange their Common Shares (or other securities) for cash, securities or other property deliverable upon such reorganization, reclassification, Change of Control Event or Liquidation Event.

NOTICES OF RECORD DATES. If: (a) the Corporation establishes a record date to determine the Series A Class 1 Holders who are entitled to receive any dividend or other distribution; or (b) there occurs any Stock Split or other capital reorganization of the Corporation, any reclassification of the capital of the Corporation, any Change of Control Event, or any Liquidation Event, the Corporation will deliver to each Series A Class 1 Holder, at least 20 days prior to such record date or the proposed effective date of the relevant transaction, a notice specifying: (i) the date of such record date for the purpose of such dividend or distribution and a description of such dividend or distribution; (ii) the date on which any such Stock Split, reorganization, reclassification, Change of Control Event or Liquidation Event is expected to become effective; and (iii) the time, if any, that is to be fixed as to when the holders of record of Common Shares (or other securities) are entitled to exchange their Common Shares (or other securities) for cash, securities or other property deliverable upon such reorganization, reclassification, Change of Control Event or Liquidation Event.