Common use of Notices to Holder Clause in Contracts

Notices to Holder. So long as this Warrant shall be outstanding and ----------------- unexercised (i) if the Company shall pay any dividend or make any distribution upon the Common Stock, or (ii) if any capital reorganization of the Company, reclassification of the capital stock of the Company, consolidation or merger of the Company with or into another corporation, sale, lease or transfer of all or substantially all of the property and assets of the Company to another corporation, or voluntary or involuntary dissolution, liquidation or winding up of the Company shall be effected, then, in any such case, the Company shall cause to be delivered to the Holder, at least ten (10) days prior to the date specified in (x) and at least thirty (30) days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be taken for the purpose of such dividend, distribution or rights, or (y) such reclassification reorganization, consolidation, merger, conveyance, lease, dissolution, liquidation or winding up is to take place and at least twenty (20) days prior notice as to the date, if any is to be fixed, as of which the holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 3 contracts

Samples: Applied Voice Recognition Inc /De/, Applied Voice Recognition Inc /De/, Applied Voice Recognition Inc /De/

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Notices to Holder. So long as this Warrant shall be outstanding and ----------------- unexercised (i) if the Company shall pay any dividend or make any distribution upon the Common Stock, or (ii) if any capital reorganization of the Company, reclassification of the capital stock of the Company, consolidation or merger of the Company with or into another corporation, sale, lease or transfer of all or substantially all of the property and assets of the Company to another corporation, or voluntary or involuntary dissolution, liquidation or winding up of the Company shall be effected, then, in any such case, the Company shall cause to be delivered to the Holder, at least ten (10) days prior to the date specified in (x) and at least thirty (30) days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be taken for the purpose of such dividend, distribution or rights, or (y) such reclassification reorganization, consolidation, merger, conveyance, lease, dissolution, liquidation or winding up is to take place and at least twenty (20) days prior notice as to the date, if any is to be fixed, as of which the holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Applied Voice Recognition Inc /De/), Applied Voice Recognition Inc /De/

Notices to Holder. So long as this Warrant shall be outstanding and ----------------- unexercised (i) if the Company shall pay any dividend or make any distribution upon the Common Stock, or (ii) if any capital reorganization of the Company, reclassification of the capital stock of the Company, consolidation or merger of the Company with or into another corporation, sale, lease or transfer of all or substantially all of the property and assets of the Company to another corporation, or voluntary or involuntary dissolution, liquidation or winding up of the Company shall be effected, then, in any such case, the Company shall cause to be delivered to the Holder, at least ten (10) days prior to the date specified in (x) and at least thirty (30) days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be taken for the purpose of such dividend, distribution or rights, or (y) such reclassification reorganization, consolidation, merger, conveyance, lease, dissolution, liquidation or winding up is to take place and at least twenty (20) days prior notice as to the date, if any is to be fixed, as of which the holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Applied Voice Recognition Inc /De/), Note and Warrant Purchase Agreement (Applied Voice Recognition Inc /De/)

Notices to Holder. So long as this Warrant shall be outstanding and ----------------- unexercised (i) if the Company shall pay any dividend or make any distribution upon the Common Stock, or (ii) if any capital reorganization of the Company, reclassification of the capital stock of the Company, consolidation or merger of the Company with or into another corporation, sale, lease or transfer of all or substantially all of the property and assets of the Company to another corporationcorporation (as determined in accordance with Delaware General Corporation Law), or voluntary or involuntary dissolution, liquidation or winding up of the Company shall be effected, then, in any such case, the Company shall cause to be delivered to the Holder, at least ten (10) days prior to the date specified in (x) and at least thirty (30) days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be taken for the purpose of such dividend, distribution or rights, or (y) such reclassification reorganization, consolidation, merger, conveyance, lease, dissolution, liquidation or winding up is to take place and at least twenty (20) days prior notice as to the date, if any is to be fixed, as of which the holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 1 contract

Samples: Applied Voice Recognition Inc /De/

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Notices to Holder. So long as this Warrant shall be outstanding and ----------------- unexercised (i) if the Company shall pay any dividend or make any distribution upon the Common Stock, or (ii) if any capital reorganization of the Company, reclassification of the capital stock of the Company, consolidation or merger of the Company with or into another corporation, sale, lease or transfer of all or substantially all of the property and assets of the Company to another corporation, or voluntary or involuntary dissolution, liquidation or winding up of the Company shall be effected, then, in any such case, the Company shall cause to be delivered to the Holder, at least ten (10) days prior to the date specified in (x) and at least thirty (30) days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be taken for the purpose of such dividend, distribution or rights, or (y) such reclassification reorganization, consolidation, merger, conveyance, lease, dissolution, liquidation or winding up is to take place and at least twenty (20) days prior notice as to the date, if any is to be fixed, as of which the holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 1 contract

Samples: Applied Voice Recognition Inc /De/

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