Exercise of Rights. PURCHASE PRICE: EXPIRATION DATE OF RIGHTS.
Exercise of Rights. Purchase Price: Expiration Date of Rights.
Exercise of Rights. The Rights are not exercisable until the Distribution Date and until the Company has received all required regulatory approvals for the issuance of the Shares. The Rights will expire June 17, 2008 unless such date is extended or unless the Rights are earlier redeemed by the Company or exchanged for Shares, in each case as described below. Rights may not be transferred, directly or indirectly, (i) to any person who is, or, as a result of the transfer would be, the beneficial owner of 15% or more of the Rights (including Rights that are null and void as described below), or (ii) to any affiliate or associate of any such person. Any Right that is the subject of any such purported transfer shall be null and void without any further action, and thereafter may not be exercised by any person (including any subsequent transferee) for Shares or other assets pursuant to any provision of the Rights Agreement and shall no longer confer any rights upon any person. The Purchase Price payable, and the number of Shares or other securities or property issuable, upon exercise of the Rights are subject to adjustment from time to time to prevent dilution (i) in the event of a stock dividend on, or a subdivision, combination or reclassification of, the Shares, (ii) upon the grant to holders of the Shares of certain rights or warrants to subscribe for or purchase Shares at a price, or securities convertible into Shares with a conversion price, less than the then current market price of the Shares or (iii) upon the distribution to holders of the Shares of evidences of indebtedness or assets (excluding regular periodic cash dividends paid out of earnings or retained earnings or dividends payable in Shares) or of subscription rights or warrants (other than those referred to above). In the event that (i) the Company merges with or is involved in another business combination transaction with an Acquiring Person, (ii) 50% or more of its consolidated assets or earning power are sold to an Acquiring Person, (iii) an Acquiring Person acquires 25% or more of the Shares, or (iv) an Acquiring Person engages in one or more self- dealing transactions with the Company, then, proper provision will be made so that each holder of a Right will thereafter have the right to receive, upon the exercise thereof at the then current exercise price of the Right, that number of shares of common stock of the Company or of the acquiring company, as the case may be, which at the time of such transaction will...
Examples of Exercise of Rights in a sentence
Exercise of rights shall mean issuance of a building permit to commence construction.
Exercise of rights under an Existing Contract shall not be deemed to create a new Encumbrance for the purposes of this Section 4.4.3.
Exercise of rights It shall be unlawful for any employer to interfere with, restrain, or deny the exercise of or the attempt to exercise, any right provided under this subchapter.
Exercise of rights conferred by this Part 4 (1) Any registered trade union may notify an employer in writing that it seeks to exercise one or more of the rights conferred by this Part in a workplace.
Exercise of rights shall mean issuance of a building permit to commence construction, or actual commencement of the use granted by this Conditional Use Permit if a building permit is not required.
More Definitions of Exercise of Rights
Exercise of Rights. The PROCESSOR shall assist the CONTROLLER, through appropriate technical and organizational measures, whenever possible, so that the CONTROLLER may comply with its obligation to answer requests from the interested Parties in the exercise of their legal rights. (Data access, amendment, deletion, opposition, limitation, and portability).
Exercise of Rights. The Rights initially will be represented by the certificates evidencing the Common Stock and will not be exercisable, or transferable apart from the Common Stock, until the earliest to occur of:
Exercise of Rights. Exercise Price: Expiration Date of Rights.
Exercise of Rights means the exercise of exclusive rights and of remuneration or equity claims, irrespective of the nature of the holding of the CMO with its perception;
Exercise of Rights. After the Separation Time, each Right will entitle the holder to purchase, Participating Preferred Stock designed to have economic and voting terms similar to those of one share of Common Stock.
Exercise of Rights. Subject to Section 11(a)(ii) hereof and except as otherwise provided herein, the Rights shall become exercisable on the Distribution Date, and thereafter the registered holder of any Right Certificate may exercise the Rights evidenced thereby in whole or in part at any time after the Distribution Date upon surrender of the Right Certificate, with the form of election to purchase and certification on the reverse side thereof duly executed, to the Rights Agent at the office of the Rights Agent designated for such purpose, together with payment of the aggregate Purchase Price for the total number of one one-thousandths of a share of Preferred Stock (or other securities, cash or assets, as the case may be) as to which the Rights are exercised, at any time which is both after the Distribution Date and prior to the earlier of (i) the Close of Business on March 31, 2017, or such later date as may be established by the Board of Directors prior to the expiration of the Rights (such date, as it may be extended by the Board of Directors, the “Final Expiration Date”), (ii) the time at which the Rights are redeemed or exchanged as provided in Sections 23 and 24 hereof and (iii) immediately prior to the Effective Time (as defined in the Merger Agreement) of the First-Step Merger (but only if the Effective Time shall occur) (the earlier of (i), (ii) and (iii) being herein referred to as the “Expiration Date”).” Upon the Expiration Date, the Rights shall terminate and the Company shall have no further obligation with respect thereto whatsoever, except as to the Rights Agent.