Common use of IN EVENT Clause in Contracts

IN EVENT. After the distribution date, all holders of rights, except the acquiring person, may exercise their rights upon payment of the purchase price to purchase shares of our common stock (or other securities or assets as determined by the Board) with a market value of two times the purchase price.

Appears in 4 contracts

Samples: Rights Agreement (Del Global Technologies Corp), Rights Agreement (New Century Equity Holdings Corp), Rights Agreement (New Century Equity Holdings Corp)

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IN EVENT. After the distribution date, if a person or group already is or becomes an acquiring person, all holders of rights, except the acquiring person, may exercise their rights upon payment of the purchase price to purchase shares of our common stock (or other securities or assets as determined by the Board) with a market value of two times the purchase price.

Appears in 3 contracts

Samples: Rights Agreement (Kb Home), Rights Agreement (Alderwoods Group Inc), Rights Agreement (Laidlaw International Inc)

IN EVENT. After the distribution date, if a person or group is or becomes an acquiring person, all holders of rights, except the acquiring person, may exercise their rights upon payment of the purchase price to purchase shares a number of our common stock shares (or other securities or assets as determined by the Board) with a market value of two times the purchase price.

Appears in 1 contract

Samples: Section 382 Rights Agreement (Howard Hughes Corp)

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IN EVENT. After the distribution date, if a person or group already is or becomes an acquiring person, all holders of rights, except the acquiring person, may exercise their rights upon payment of the purchase price to purchase shares of our common stock shares (or other securities or assets as determined by the Board) with a market value of two times the purchase price.

Appears in 1 contract

Samples: Rights Agreement (Georgia Gulf Corp /De/)

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