Common use of Rights Plans Clause in Contracts

Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any Designated Preferred Stock, Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan.

Appears in 2 contracts

Samples: Voting and Termination Agreement (Heartland Financial Usa Inc), Voting and Termination Agreement (Heartland Financial Usa Inc)

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Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any the Mandatory Conversion Date, upon conversion of any Designated shares of the Series C Preferred Stock, Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to the Mandatory Conversion Date the rights have separated from the shares of Common Stock, in which case each Holder shall receive, at the time of separation, the same rights as if the Corporation had made a distribution to all holders of the Common Stock as described in clause (d)(i) above.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aquiline BNC Holdings LLC)

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Rights Plans. To the extent that the Corporation Company has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any Designated Preferred Stockportion of this Note, Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan.

Appears in 1 contract

Samples: Merger Agreement (Heartland Financial Usa Inc)

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