Prior Notice of Certain Events. In case at any time the Company proposes to take any action which may result in an adjustment pursuant to Section 4.01, the Company shall give prior notice thereof. Such notice shall be given at least three Business Days prior to the earlier of the action in question and, if applicable, any record date or date on which the Company's transfer books are closed with respect thereto.
Appears in 2 contracts
Sources: Warrant Agreement (Panolam Industries Inc), Warrant Agreement (Panolam Industries Inc)