Common use of No Action after Notice Clause in Contracts

No Action after Notice. The Corporation covenants with the Holder that it will not close its transfer books or take any other corporate action which might deprive the Holder of the opportunity to exercise its rights of receipt pursuant thereto during the period of 14 days after the giving of the certificate or notices set forth in sections 1.6 and 1.7.

Appears in 2 contracts

Sources: Technology Partnership Agreement (Mitel Networks Corp), Technology Partnership Agreement (Mitel Networks Corp)

No Action after Notice. The Corporation covenants with the Holder that it will not close its transfer books or take any other corporate action which might deprive the Holder holder of the opportunity to exercise its rights right of receipt acquisition pursuant thereto during the period of 14 twenty-one calendar days after the giving of the certificate or notices set forth in sections 1.6 0 and 1.70.

Appears in 2 contracts

Sources: Combination Agreement (Acetex Corp), Combination Agreement (Acetex Corp)

No Action after Notice. The Corporation covenants with the Holder that it will not close its transfer books or take any other corporate action which might deprive the Holder Debentureholder of the opportunity to exercise its rights their right of receipt conversion pursuant thereto during the period of 14 days after the giving of the certificate or notices set forth in sections 1.6 Sections 7.7 and 1.77.8.

Appears in 1 contract

Sources: Trust Indenture (Surge Global Energy, Inc.)