Common use of Notice of Subsequent Events Clause in Contracts

Notice of Subsequent Events. If at any time during engagement of the Agent, any rumor, publication or event relating to or affecting the Company shall occur as a result of which, in the Agent's reasonable opinion, the market price of the Securities has been or is likely to be materially affected (regardless of whether such rumor, publication or event necessitates a supplement to or amendment of the Prospectus), the Company will, after written notice from the Agent advising the Company to the effect set forth above, forthwith prepare, consult with the Agent concerning the substance of and disseminate a press release or other public statement, reasonably satisfactory to the Agent, responding to or commenting on such rumor, publication or event, in addition to the Company's obligations under other provisions hereof to amend the Registration Statement or supplement the Prospectus as required by the Securities Act.