Common use of Notice of Record Date Clause in Contracts

Notice of Record Date. In the event of (i) any taking by the Company of a record of the holders of any class of Common Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (ii) any capital transaction that the Company proposes to effect requiring adjustments pursuant to this Section 4 ("Capital Transaction"), the Company shall mail to Warrantholder at least ten (10) days prior to the date specified therein, a notice specifying (1) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution, (2) the date on which any such Capital Transaction is expected to become effective, and (3) the time, if any, that is to be fixed, as to when the holders of record of Common Stock shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such Capital Transaction.

Appears in 3 contracts

Samples: Agreement (Centergistic Solutions Inc), Subscription Agreement (Centergistic Solutions Inc), Subscription Agreement (Centergistic Solutions Inc)

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Notice of Record Date. In the event of (i) any taking by the --------------------- Company of a record of the holders of any class of Common Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (ii) any capital transaction that the Company proposes to effect requiring adjustments pursuant to this Section 4 ("Capital Transaction"), the Company shall mail to Warrantholder at least ten twenty (1020) days prior to the date specified therein, a notice specifying (1) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution, (2) the date on which any such Capital Transaction is expected to become effective, and (3) the time, if any, that is to be fixed, as to when the holders of record of Common Stock shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such Capital Transaction.

Appears in 2 contracts

Samples: Prosofttraining Com, Prosofttraining Com

Notice of Record Date. In the event of (i) any taking by the Company of a record of the holders of any class of Common Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (ii) any capital transaction that the Company proposes to effect requiring adjustments pursuant to this Section 4 ("Capital Transaction"), the Company shall mail to Warrantholder at least ten twenty (1020) days prior to the date specified therein, a notice specifying (1) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution, (2) the date on which any such Capital Transaction is expected to become effective, and (3) the time, if any, that is to be fixed, as to when the holders of record of Common Stock shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such Capital Transaction.

Appears in 1 contract

Samples: Agreement (Centergistic Solutions Inc)

Notice of Record Date. In the event of (i) any taking by the Company of a record of the holders of any class of Common Warrant Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (ii) any capital transaction that the Company proposes to effect requiring adjustments pursuant to this Section 4 5 ("Capital Transaction"), the Company shall mail to Warrantholder at least ten twenty (1020) days prior to the date specified therein, a notice specifying (1) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution, (2) the date on which any such Capital Transaction is expected to become effective, and (3) the time, if any, that is to be fixed, as to when the holders of record of Common Warrant Stock shall be entitled to exchange their shares of Common Warrant Stock for securities or other property deliverable upon such Capital Transaction.

Appears in 1 contract

Samples: Centergistic Solutions Inc

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Notice of Record Date. In the event of (i) any taking by --------------------- the Company of a record of the holders of any class of Common Warrant Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (ii) any capital transaction that the Company proposes to effect requiring adjustments pursuant to this Section 4 5 ("Capital Transaction"), the Company shall mail to Warrantholder at least ten twenty (1020) days prior to the date specified therein, a notice specifying (1) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution, (2) the date on which any such Capital Transaction is expected to become effective, and (3) the time, if any, that is to be fixed, as to when the holders of record of Common Warrant Stock shall be entitled to exchange their shares of Common Warrant Stock for securities or other property deliverable upon such Capital Transaction.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Marketfirst Software Inc)

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