Common use of In case of Clause in Contracts

In case of. a Section 11.1.2 Event, then (i) the Corporation shall as soon as practicable thereafter give to each holder of a Right Certificate, in accordance with Section 25.1.3 hereof, a notice of the occurrence of such event, which notice shall describe such event and the consequences of such event to holders of Rights under Section 11.1.2 hereof, and (ii) all references in the preceding Section 24.1 to Preferred Stock shall be deemed thereafter to refer also to shares of Common Stock and/or, if appropriate, other securities of the Corporation.

Appears in 11 contracts

Sources: Rights Agreement (Pyramid Breweries Inc), Rights Agreement (Pyramid Breweries Inc), Rights Agreement (Datron Systems Inc/De)

In case of. a Section 11.1.2 Event, then (iA) the Corporation shall as soon as practicable thereafter give to each holder of a Right Certificate, in accordance with Section 25.1.3 hereof, a notice of the occurrence of such event, which . The notice shall describe such event and the consequences of such event to holders of Rights under Section 11.1.2 hereof, and (iiB) all references in the preceding Section 24.1 to Preferred Stock shall be deemed thereafter to refer also to shares of Common Stock and/oror, if appropriate, other securities of the Corporation.

Appears in 1 contract

Sources: Rights Agreement (Thoratec Corp)