Common use of Exercise of Rights; Separation of Rights Clause in Contracts

Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1, 5.10 and 5.11 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Distribution Date and prior to the Expiration Time, to purchase, for the Purchase Price, one one-thousandth of a share of Preference Stock.

Appears in 1 contract

Samples: Rights Agreement (Utilicorp United Inc)

AutoNDA by SimpleDocs

Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1, 5.1 and 5.10 and 5.11 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Distribution Date and prior to the Expiration Time, to purchase, for the Purchase Price, one one-thousandth (1/1000) of a share of Preference Preferred Stock.

Appears in 1 contract

Samples: Rights Agreement (Atchison Casting Corp)

Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1, 5.1 and 5.10 and 5.11 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Distribution Date and prior to the Final Expiration TimeDate, to purchase, for the Purchase Price, one one-thousandth hundredth of a share of Preference StockPreferred Share.

Appears in 1 contract

Samples: Shareholder Rights Agreement (Firstmerit Corp)

AutoNDA by SimpleDocs

Exercise of Rights; Separation of Rights. (a1) Subject to Sections 3.1, 5.1, 5.1 and 5.10 and 5.11 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Distribution Date and prior to the Expiration Time, to purchase, for the Purchase Price, one one-thousandth of a share of Preference Stock.

Appears in 1 contract

Samples: Rights Agreement (Utilicorp United Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.