Notice of Acceleration or Rescission. Whenever any Convertible Debenture shall be declared immediately due and payable pursuant to Section 9.01 or any such declaration shall be rescinded and annulled pursuant to Section 9.02, the Company shall forthwith give written notice thereof to the holder of each Convertible Debenture at the time outstanding.
Appears in 3 contracts
Sources: Convertible Debenture Purchase Agreement (Air South Airlines Inc), Convertible Debenture Purchase Agreement (Air South Airlines Inc), Convertible Debenture Purchase Agreement (Air South Airlines Inc)