Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 50 contracts
Sources: Rights Agreement (Ballantyne Strong, Inc.), Rights Agreement (Euronet Worldwide Inc), Rights Agreement (Compass Minerals International Inc)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Preferred Shares Stock or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one share of Preferred Share Stock (or equivalent preferred sharestock) multiplied by such number or fraction is equal to the current per share market price of one share of Common Share Stock (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 10 contracts
Sources: Tax Benefit Preservation Plan (Heron Therapeutics, Inc. /De/), Rights Agreement (MRV Communications Inc), Reit Status Protection Rights Agreement (Iron Mountain Inc)
Insufficient Shares. The Company may at its option ------------------- substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 6 contracts
Sources: Rights Agreement (Varco International Inc /De/), Rights Agreement (Southwest Water Co), Rights Agreement (Kilroy Realty Corp)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stockEquivalent Preferred Stock, as such term is defined in Section 11.2) such that the current per share market price Current Per Share Market Price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price Current Per Share Market Price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 4 contracts
Sources: Rights Agreement (Biomarin Pharmaceutical Inc), Rights Agreement (Cato Corp), Rights Agreement (Biomarin Pharmaceutical Inc)
Insufficient Shares. The Company may at its option substitute, and, in In the event that there shall not be sufficient shares of Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 2724, the Company shall substitute to the extent of such insufficiency, for each share of Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Preferred Shares Stock or fraction thereof (or equivalent preferred stock, Equivalent Preferred Stock as such term is defined in Section 11.211(b) hereof) such that the current per share market price (determined pursuant to Section 11.411(d) hereof) of one share of Preferred Share Stock (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one share of Common Share Stock (determined pursuant to Section 11.411(d)(i) hereof) as of the date of such exchange.
Appears in 4 contracts
Sources: Rights Agreement (Aep Industries Inc), Rights Agreement (Sunshine Heart, Inc.), Rights Agreement (Providence Service Corp)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share Shares that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) 11.2 such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 4 contracts
Sources: Rights Agreement (Cooper Companies Inc), Rights Agreement (Alarmguard Holdings Inc), Rights Agreement (Cooper Companies Inc)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Preferred Shares Stock or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one share of Preferred Share Stock (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one share of Common Share Stock (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 3 contracts
Sources: Tax Benefit Preservation Plan (Rentech Inc /Co/), Rights Agreement (GeoEye, Inc.), Rights Agreement (Qep Resources, Inc.)
Insufficient Shares. The Company may at its option substitute, ------------------- and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 3 contracts
Sources: Rights Agreement (Keystone Automotive Industries Inc), Rights Agreement (Catellus Development Corp), Rights Agreement (Assisted Living Concepts Inc)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be a sufficient number of Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stocknumber of Preferred Shares, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or the equivalent preferred sharenumber of Preferred Shares) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 2 contracts
Sources: Rights Agreement (Pericom Semiconductor Corp), Rights Agreement (Pericom Semiconductor Corp)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Class B Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Class B Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Class B Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one share of Class B Common Share Stock (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 2 contracts
Sources: Rights Agreement (Herbalife International Inc), Rights Agreement (Herbalife International Inc)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.is
Appears in 2 contracts
Sources: Rights Agreement (Cohesion Technologies Inc), Rights Agreement (J2 Communications /Ca/)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stockshares, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 2 contracts
Sources: Rights Agreement (Asyst Technologies Inc), Rights Agreement (Mineral Energy Co)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Preferred Shares Stock or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.211(b)) such that the current per share market price (determined pursuant to Section 11.411(d)) of one share of Preferred Share Stock (or equivalent preferred sharestock) multiplied by such number or fraction is equal to the current per share market price of one share of Common Share Stock (determined pursuant to Section 11.411(d)) as of the date of such exchange.
Appears in 1 contract
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Class A Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Class A Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Class A Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Preferred Shares Stock or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one share of Preferred Share Stock (or equivalent preferred sharestock) multiplied by such number or fraction is equal to the current per share market price of one share of Class A Common Share Stock (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 1 contract
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Class A Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Class A Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Class A Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.)
Appears in 1 contract
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares Stock issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares Stock as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each share of Common Share Stock that would otherwise be issuable upon exchange of a Right, a number of shares of Series A Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the then-current per share market price (determined pursuant to Section 11.4) of one share of Series A Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the then-current per share market price of one share of Common Share Stock (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 1 contract
Sources: Tax Benefit Preservation Plan (ModusLink Global Solutions Inc)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 2726, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Shares or fraction thereof (or equivalent preferred stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Share (or equivalent preferred share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 1 contract
Sources: Stockholder Rights Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.)
Insufficient Shares. The Company may at its option substitute, and, in the event that there shall not be sufficient Common Shares issued but not outstanding or authorized but unissued to permit an exchange of Rights for Common Shares as contemplated in accordance with this Section 27, the Company shall substitute to the extent of such insufficiency, for each Common Share that would otherwise be issuable upon exchange of a Right, a number of Preferred Incentive Shares or fraction thereof (or equivalent preferred incentive stock, as such term is defined in Section 11.2) such that the current per share market price (determined pursuant to Section 11.4) of one Preferred Incentive Share (or equivalent preferred incentive share) multiplied by such number or fraction is equal to the current per share market price of one Common Share (determined pursuant to Section 11.4) as of the date of such exchange.
Appears in 1 contract