Notices to Subscription Receiptholders Clause Samples
The "Notices to Subscription Receiptholders" clause establishes the requirements and procedures for delivering official communications to individuals or entities holding subscription receipts. Typically, this clause outlines the acceptable methods of notice—such as mail, email, or personal delivery—and specifies the addresses or contact information to be used, as well as when a notice is deemed to have been received. Its core function is to ensure that all subscription receiptholders are properly informed of important developments, rights, or obligations, thereby reducing the risk of miscommunication and ensuring legal compliance in the notification process.
Notices to Subscription Receiptholders. Any notices or deliveries required to be provided to holders of Subscription Receipts hereunder shall be sent by prepaid mail or delivery to each holder of Subscription Receipts at the address of such holder appearing on the register of Subscription Receipts maintained hereunder.
Notices to Subscription Receiptholders. Any notices or deliveries required to be provided to holders of Subscription Receipts hereunder shall be sent by email transmission, prepaid mail or delivery to each holder of Subscription Receipts at the address of such holder appearing on the register of Subscription Receipts maintained hereunder. Any failure to comply with this section will result in the right of the Subscription Receipt Agent, at its sole discretion, to resign as Subscription Receipt Agent effective immediately, and such right to resign is hereby acknowledged by all the parties to this Agreement.