Common use of Notice of Adjustments and Record Dates Clause in Contracts

Notice of Adjustments and Record Dates. The Company shall promptly notify FSC Corp. in writing of each adjustment or readjustment of the Exercise Price and the number of shares of Series D Preferred Stock (or any shares of stock or other securities which may be) issuable upon exercise of this Warrant. Such notice shall state the adjustment or readjustment and show in reasonable detail the facts on which the adjustment or readjustment is based. In the event of any taking by the Company of a record of (a) the holders of Series D Preferred Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (b) the holders of the Company's outstanding capital stock for the purpose of approving any acquisition of all or substantially all of the Company's outstanding stock or assets by an unrelated entity, by merger or otherwise, the Company shall notify FSC Corp. in writing of such record date at least twenty (20) days prior to such record date.

Notice of Adjustments and Record Dates. The Company shall promptly notify FSC Corp. ▇▇▇▇▇▇▇▇▇▇ Securities in writing of each adjustment or readjustment of the Exercise Price and the number of shares of Series D Preferred Stock (or any shares of stock or other securities which may be) issuable upon exercise of this Warrant. Such notice shall state the adjustment or readjustment and show in reasonable detail the facts on which the adjustment or readjustment is based. In the event of any taking by the Company of a record of (a) the holders of Series D Preferred Stock for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or (b) the holders of the Company's outstanding capital stock for the purpose of approving any acquisition of all or substantially all of the Company's outstanding stock or assets by an unrelated entity, by merger or otherwise, the Company shall notify FSC Corp. ▇▇▇▇▇▇▇▇▇▇ Securities in writing of such record date at least twenty (20) days prior to such record date.