Common use of No Redemption; No Sinking Fund Clause in Contracts

No Redemption; No Sinking Fund. (a) The shares of Series A Junior Participating Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A Junior Participating Preferred Stock; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Junior Participating Preferred Stock.

Appears in 4 contracts

Samples: Stockholder Rights Agreement (PJT Partners Inc.), Stockholder Rights Agreement (PJT Partners Inc.), Rights Agreement (American Precision Industries Inc)

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No Redemption; No Sinking Fund. (a) The shares of Series A Junior Participating Preferred Stock shall not be subject to redemption by the Corporation Company or at the option of any holder of Series A Junior Participating Preferred Stock; provided, however, that that, subject to Section 3(a)(iv), the Corporation Company may purchase or otherwise acquire outstanding shares of Series A Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Junior Participating Preferred Stock.

Appears in 3 contracts

Samples: Section 382 Rights Agreement (Zoom Telephonics, Inc.), Section 382 Rights Agreement (Zoom Telephonics, Inc.), Section 382 Rights Agreement (Ariad Pharmaceuticals Inc)

No Redemption; No Sinking Fund. (a) The shares of Series A Junior Participating Preferred Stock Shares shall not be subject to redemption by the Corporation or at the option of any holder of Series A Junior Participating Preferred StockShares; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Junior Participating Preferred Stock Shares in the open market or by offer to any holder or holders of shares of Series A Junior Participating Preferred StockShares.

Appears in 2 contracts

Samples: Rights Agreement (Recoton Corp), Rights Agreement (Recoton Corp)

No Redemption; No Sinking Fund. (a) The shares of Series A C Junior Participating Preferred Stock shall not be subject to redemption by the Corporation Company or at the option of any holder of Series A C Junior Participating Preferred Stock; provided, however, that that, subject to Section 4(a)(iv), the Corporation Company may purchase or otherwise acquire outstanding shares of Series A C Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A C Junior Participating Preferred Stock.

Appears in 2 contracts

Samples: Rights Agreement (Vringo Inc), Rights Agreement (Vringo Inc)

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No Redemption; No Sinking Fund. (a) The shares of Series A B Junior Participating Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A B Junior Participating Preferred Stock; provided, however, that that, subject to Section 4(a)(iv), the Corporation may purchase or otherwise acquire outstanding shares of Series A B Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A B Junior Participating Preferred Stock.

Appears in 1 contract

Samples: Section 382 Rights Agreement (BioFuel Energy Corp.)

No Redemption; No Sinking Fund. (a) The shares of Series A Junior Participating Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A Junior Participating Preferred Stock; providedPROVIDED, howeverHOWEVER, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Junior Participating Preferred Stock.

Appears in 1 contract

Samples: Rights Agreement (Columbus McKinnon Corp)

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