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

No Redemption; No Sinking Fund. a. The shares of this Series shall not be subject to redemption by the Corporation or at the option of any holder of this Series; PROVIDED, HOWEVER, that the Corporation may purchase or otherwise acquire outstanding shares of this Series in the open market or by offer to any holder or holders of shares of this Series.

Appears in 3 contracts

Samples: Rights Agreement (Utilicorp United Inc), Rights Agreement (Atchison Casting Corp), Rights Agreement (Utilicorp United Inc)

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No Redemption; No Sinking Fund. a. The shares of this Series shall not be subject to redemption by the Corporation or at the option of any holder of this Series; PROVIDEDprovided, HOWEVERhowever, that the Corporation may purchase or otherwise acquire outstanding shares of this Series in the open market or by offer to any holder or holders of shares of this Series.

Appears in 2 contracts

Samples: Rights Agreement (Illuminet Holdings Inc), Rights Agreement (Illuminet Holdings Inc)

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