Common use of Redemption or Exchange Clause in Contracts

Redemption or Exchange. (a) The Rights may be redeemed or ---------------------- exchanged by action of the Board of Directors pursuant to this Section 23 and shall not be redeemed in any other manner.

Appears in 3 contracts

Samples: Rights Agreement (Equidyne Corp), Rights Agreement (Avista Corp), Rights Agreement (Equidyne Corp)

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Redemption or Exchange. (a) The Rights may be ---------------------- redeemed or ---------------------- exchanged by action of the Board of Directors pursuant to this Section 23 and shall not be redeemed in any other manner.

Appears in 2 contracts

Samples: Rights Agreement (Unisource Energy Corp), Rights Agreement (Unisource Energy Corp)

Redemption or Exchange. (a) The Rights may be redeemed or ---------------------- exchanged by action of the Board of Directors pursuant to this Section 23 and shall not be redeemed in any other manner.

Appears in 2 contracts

Samples: Rights Agreement (Idacorp Inc), Rights Agreement (Avista Corp)

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Redemption or Exchange. (a) The Rights may ---------------------- be redeemed or ---------------------- exchanged by action of the Board of Directors pursuant to this Section 23 and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Texas Utilities Co /Tx/)

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