Common use of Notices to Warrantholders Clause in Contracts

Notices to Warrantholders. (a) Upon any adjustment of the Warrant Price and the number of shares of Common Stock issuable upon exercise of a Warrant, then and in each such case, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 11 contracts

Samples: Warrant Agreement (Evercore Investment Corp), Warrant Agreement (Univec Inc), Warrant Agreement (Med Emerg International Inc)

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Notices to Warrantholders. (a) Upon any adjustment of the Warrant Price and the number of shares of Common Stock issuable upon exercise of a Warrant, then and in each such case, case the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 9 contracts

Samples: Warrant Agreement (Flight Safety Technologies Inc), Public Warrant Agreement (Flight Safety Technologies Inc), Warrant Agent Agreement (Frontline Communication Corp)

Notices to Warrantholders. (a) Upon any adjustment of the Warrant Exercise Price and the number of shares of Common Stock issuable upon exercise of a Warrant, then and in each such case, case the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Exercise Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 2 contracts

Samples: Warrant Agent Agreement (Delcath Systems Inc), Warrant Agent Agreement (Delcath Systems Inc)

Notices to Warrantholders. (ai) Upon any adjustment of the Warrant Price and the number of shares of Common Stock Ordinary Shares issuable upon exercise of a Warrant, then and in each such case, case the Company shall give written notice thereof to the Warrant Agentholders of the Warrants, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 1 contract

Samples: Accent Software International LTD

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Notices to Warrantholders. (a) Upon any adjustment of the Warrant Price and the number of shares of Class A Common Stock issuable upon exercise of a Warrant, then and in each such case, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 1 contract

Samples: Warrant Agent Agreement (Precept Business Services Inc)

Notices to Warrantholders. (ai) Upon any adjustment of the Warrant Price and the number of shares of Class A Common Stock issuable upon exercise of a Warrant, then and in each such case, case the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company shall also mail such notice to the holders of the Warrants at their respective addresses appearing in the Warrant register. Failure to give or mail such notice, or any defect therein, shall not affect the validity of the adjustments.

Appears in 1 contract

Samples: Warrant Agreement (Sherwood Brands Inc)

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