Common use of Par Value Limitations Clause in Contracts

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 27 contracts

Samples: Rights Agreement (Cooper Companies Inc), Preferred Shares Rights Agreement (Conceptus Inc), Rights Agreement (Advanced Medical Optics Inc)

AutoNDA by SimpleDocs

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 23 contracts

Samples: Rights Agreement (Compass Minerals International Inc), Rights Agreement (Compass Minerals International Inc), Rights Agreement (SyntheMed, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 17 contracts

Samples: Benefits Preservation Plan (CarParts.com, Inc.), Benefits Preservation Plan (CarParts.com, Inc.), Tidewater (Tidewater Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 9 contracts

Samples: Rights Agreement (Desktop Metal, Inc.), Rights Agreement (Stratasys Ltd.), Rights Agreement (Kaltura Inc)

Par Value Limitations. Before taking any action that would --------------------- cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 9 contracts

Samples: Rights Agreement (Tivo Inc), Rights Agreement (Keystone Automotive Industries Inc), Rights Agreement (Varco International Inc /De/)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 7 contracts

Samples: Tax Benefit Preservation Plan (Maxar Technologies Inc.), Rights Agreement (Accuride Corp), Rights Agreement (Skullcandy, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 7 contracts

Samples: Rights Agreement (Scpie Holdings Inc), Rights Agreement (Thompson Pbe Inc), Rights Agreement (Arv Assisted Living Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 4 contracts

Samples: Rights Agreement (Realty Income Corp), Rights Agreement (First Washington Realty Trust Inc), Rights Agreement (Aegis Realty Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Common Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Common Shares or other such shares at such adjusted Purchase Price.

Appears in 4 contracts

Samples: Rights Agreement (Coach Inc), Rights Agreement (Beverly Enterprises Inc), Rights Agreement (Coach Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par stated value, if any, of the number of one one-thousandths of a share of Preferred Shares or other shares of capital stock Stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable such number of one one-thousandths of a share of Preferred Shares or other such shares Stock at such adjusted Purchase Price.

Appears in 3 contracts

Samples: Rights Agreement (Aep Industries Inc), Rights Agreement (Sunshine Heart, Inc.), Rights Agreement (Aep Industries Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares an Class A Ordinary Share or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred non-assessable Class A Ordinary Shares or other such shares at such adjusted Purchase Price.

Appears in 3 contracts

Samples: Rights Agreement (360 DigiTech, Inc.), Rights Agreement (360 DigiTech, Inc.), Rights Agreement

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Series B Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series B Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 3 contracts

Samples: Tax Benefit Preservation Plan (Upland Software, Inc.), Tax Benefit Preservation Plan (American Airlines Group Inc.), Tax Benefit Preservation Plan (Upland Software, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one oneten-hundredth thousandth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Southwest Gas Holdings, Inc., Tax Benefit Preservation Plan (ModusLink Global Solutions Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares an Ordinary Share or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any and all corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred non-assessable Ordinary Shares or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (ReneSola LTD), Rights Agreement (The9 LTD)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Tax Benefit Preservation Plan (Bebe Stores, Inc.), Sale Agreement (B. Riley Financial, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth tenth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

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

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then then-current par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Tax Benefits Preservation Plan (Tetra Technologies Inc), Tax Benefits Preservation Plan (Tetra Technologies Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then aggregate par value, if any, of the number of one one-thousandths of a share of Preferred Shares or other shares of capital stock Stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of Preferred Shares or other such shares Stock at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Benefits Preservation Rights Agreement (Impac Mortgage Holdings Inc), Benefits Preservation Rights Agreement (Impac Mortgage Holdings Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one onetwo-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (Biomarin Pharmaceutical Inc), Rights Agreement (Biomarin Pharmaceutical Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (Solitron Devices Inc), Rights Agreement (Opnext Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one onetwo-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Dames & Moore Inc /De/)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the one one-thousandth of a share of Preferred Shares or other shares of capital stock Stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable one one-thousandth shares of such Preferred Shares or other such shares Stock at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Arbor Health Care Co /De/)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandths of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Cubic Corp /De/)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth one- thousandths of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock Shares issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Mineral Energy Co)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth one- thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement Rights Agreement (Autozone Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one oneten-hundredth thousandth of the then par value, if any, of the Series D Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series D Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Wet Seal Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Xyratex LTD)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.necessary

Appears in 1 contract

Samples: Rights Agreement (J2 Communications /Ca/)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price per whole share of Common Stock (or other capital stock) below one one-hundredth of the then par value, if any, of the Preferred Shares Common Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Common Stock or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Tax Benefit Preservation Plan (Us Airways Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one oneten-hundredth thousandth of the then par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Tax Benefit Preservation Plan (Rentech Inc /Co/)

AutoNDA by SimpleDocs

Par Value Limitations. Before taking any action that would cause --------------------- an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Amserv Healthcare Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares or other shares one one-half of capital stock a Common Share issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred non-assessable Common Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (First Health Group Corp)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Series C Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series C Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Sinovac Biotech LTD)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.in

Appears in 1 contract

Samples: Leap Wireless International Inc

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Preferred Shares Common Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Common Stock or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Scio Diamond Technology Corp)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Sinovac Biotech LTD)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth (1/1,000) of the then par value, if any, of the Series A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable non-assessable Series A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Legacy Education Alliance, Inc.)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one oneten-hundredth thousandth of the then par value, if any, of the Series B Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Series B Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (ModusLink Global Solutions Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par stated value, if any, of the number of one one-hundredths of a share of Preferred Shares or other shares of capital stock Stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable such number of one one-hundredths of a share of Preferred Shares or other such shares Stock at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Providence Service Corp)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth of the then par value, if any, of the Class A Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Class A Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Marvel Enterprises Inc)

Par Value Limitations. Before taking any action that would --------------------- cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Amgen Inc)

Par Value Limitations. Before taking any action that --------------------- would cause an adjustment reducing the Purchase Price below one onefour-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Amgen Inc)

Par Value Limitations. Before taking any action that would --------------------- cause an adjustment reducing the Purchase Price below one onetwo-hundredth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Viking Office Products Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Excel Realty Trust Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then then-par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Hyseq Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one oneten-hundredth thousandth of the then par value, if any, of the Preferred Shares or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Province Healthcare Co)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which that may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Allergan Inc)

Par Value Limitations. Before taking any action that would cause an adjustment reducing the Purchase Price below one one-hundredth thousandth of the then par value, if any, of the Preferred Shares Stock or other shares of capital stock issuable upon exercise of the Rights, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable non-assessable Preferred Shares Stock or other such shares at such adjusted Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Comstock Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.