Common use of Significant Transaction Clause in Contracts

Significant Transaction. If, at any time after the issuance of this Warrant but prior to the exercise or conversion hereof, any Significant Transaction shall occur, then, at least 10 days prior to the consummation of such Significant Transaction, the Company: (i) shall execute and deliver to the Warrantholder a certificate stating that from and after the consummation of such Significant Transaction:

Appears in 6 contracts

Sources: Warrant Agreement, Warrant Agreement (Horizon Lines, Inc.), Warrant Agreement (Horizon Lines, Inc.)

Significant Transaction. If, at any time after the issuance of this Warrant but prior to the exercise or conversion hereof, any Significant Transaction shall occur, then, at least 10 days prior to the consummation of such Significant Transaction, the Company: (i) shall execute and deliver to the Warrantholder a certificate stating that from and after the consummation of such Significant Transaction:

Appears in 2 contracts

Sources: Warrant Agreement (Overseas Shipholding Group Inc), Warrant Agreement (Overseas Shipholding Group Inc)

Significant Transaction. If, at any time after the issuance of this Warrant but prior to the exercise or conversion hereof, any Significant Transaction shall occur, then, at least 10 days prior to the consummation of such Significant Transaction, the Company: (i) shall execute and deliver to the Warrantholder a certificate stating that from and after the consummation of such Significant Transaction:

Appears in 1 contract

Sources: Warrant Agreement (Verso Paper Holdings LLC)