Common use of Issue of Rights and Right Certificates Clause in Contracts

Issue of Rights and Right Certificates. (a) One Right shall be associated with each Common Share outstanding on the Record Date, each additional Common Share that shall become outstanding between the Record Date and the earliest Distribution Date, the Redemption Date and the Expiration Date, and each additional Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date and the Expiration Date as provided in Section 23; provided, however, that if the number of outstanding Rights are combined into a smaller number of outstanding Rights pursuant to Section 12(a), the appropriate fractional right determined pursuant to such Section shall thereafter be associated with each Common Share.

Appears in 2 contracts

Samples: Stockholder Rights Agreement (Northwest Biotherapeutics Inc), Stockholder Rights Agreement (Northwest Biotherapeutics Inc)

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Issue of Rights and Right Certificates. (a) One Right shall be associated with (i) each Common Share outstanding on the Record Date, (ii) each additional Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date and or the Expiration Date, Date and (iii) each additional Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date and or the Expiration Date as provided in Section SECTION 23; providedPROVIDED, howeverHOWEVER, that if the number of outstanding Rights are combined into a smaller number of outstanding Rights pursuant to Section SECTION 12(a), the appropriate fractional right Right determined pursuant to such Section shall thereafter be associated with each such Common Share.

Appears in 1 contract

Samples: Rights Agreement (Packaged Ice Inc)

Issue of Rights and Right Certificates. (a) One Right shall be associated with each Common Share outstanding on the Record Date, each additional Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date and the Expiration Date, Date and each additional Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date and the Expiration Date as provided in Section 23; provided, however, that -------- ------- if the number of outstanding Rights are combined into a smaller number of outstanding Rights pursuant to Section 12(a), the appropriate fractional right Right determined pursuant to such Section shall thereafter be associated with each such Common Share.

Appears in 1 contract

Samples: Rights Agreement (Procyte Corp /Wa/)

Issue of Rights and Right Certificates. (a) One Right shall be associated with each Common Share outstanding on the Record Date, each additional Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date and the Expiration Date, Date and each additional Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date and the Expiration Date as provided in Section 23; provided, however, that if the number of outstanding Rights are combined into a smaller number of outstanding Rights pursuant to Section 12(a), ) the appropriate fractional right determined pursuant to such Section shall thereafter be associated with each Common Share.Right

Appears in 1 contract

Samples: Rights Agreement (Redhook Ale Brewery Inc)

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Issue of Rights and Right Certificates. (a) One Right shall be associated with each Common Share outstanding on the Record Date, each additional Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date and or the Expiration Date, Date and each additional Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date and the Expiration Date as provided in Section 23; provided, however, that that, -------- ------- if the number of outstanding Rights are combined into a smaller number of outstanding Rights pursuant to Section 12(a), the appropriate fractional right Right determined pursuant to such Section shall thereafter be associated with each such Common Share.

Appears in 1 contract

Samples: Rights Agreement (Cost U Less Inc)

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