Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock Sample Clauses

Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. Each Holder of a Unit shall have the right, which is absolute and unconditional, (i) subject to Article 5, to receive each Contract Adjustment Payment with respect to the Purchase Contract comprising part of such Unit on the respective Payment Date for such Unit and (ii) except upon and following a Termination Event, to purchase shares of Common Stock pursuant to such Purchase Contract and, in each such case, to institute suit for the enforcement of any such right to receive Contract Adjustment Payments and the right to purchase shares of Common Stock, and such rights shall not be impaired without the consent of such Holder.
AutoNDA by SimpleDocs
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. Each Holder of a Unit shall have the right, which is absolute and unconditional, (a) subject to Article 5, to receive each Contract Adjustment Payment and deferred Contract Adjustment Payment with respect to the Purchase Contract comprising part of such Unit on the respective Payment Date for such Unit pursuant to the terms hereof and (b) except upon and following a Termination Event, to purchase shares of Common Stock pursuant to such Purchase Contract and, in each such case, to institute suit for the enforcement of any such right to receive Contract Adjustment Payments and the right to purchase shares of Common Stock, and such rights shall not be impaired without the consent of such Holder.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. Each Holder of a Unit shall have the right, which is absolute and unconditional, (i) except upon and following a Termination Event and subject to Article 5, to receive each Contract Adjustment Payment and deferred Contract Adjustment Payment with respect to the Purchase Contract comprising part of such Unit on the respective Contract Adjustment Payment Date for such Unit and (ii) except upon and following a Termination Event, to purchase shares of Common Stock pursuant to the Purchase Contract comprising part of such Unit and, in each such case, to institute suit for the enforcement of any such right to receive Contract Adjustment Payments and the right to purchase shares of Common Stock (including, without limitation, by effecting an Early Settlement or Fundamental Change Early Settlement in accordance with the terms hereof), and such right shall not be impaired without the consent of such Holder.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. The Holder of any Corporate Unit or Treasury Unit shall have the right, which is absolute and unconditional (subject to the right of the Company to defer payment thereof pursuant to Section 5.3, the prepayment of Contract Adjustment Payments pursuant to Section 5.9(a), the forfeiture of any Contract Adjustment Payments upon Early Settlement pursuant to Section 5.9(b), and the forfeiture of any Contract Adjustment Payments or Deferred Contract Adjustment Payments upon the occurrence of a Termination Event), to receive payment of each installment of the Contract Adjustment Payments with respect to the Purchase Contract constituting a part of such Unit on the respective Payment Date for such Unit and to purchase Common Stock pursuant to such Purchase Contract and, in each such case, to institute suit for the enforcement of any such payment and right to purchase Common Stock, and such rights shall not be impaired without the consent of such Holder.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. .. 46 Section 6.2. Restoration of Rights and Remedies......................................................... 47 Section 6.3.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. Section 6.02.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock or Series A Preferred Stock 69 Section 6.02. Restoration of Rights and Remedies 69 Section 6.03. Rights and Remedies Cumulative 69 Section 6.04. Delay or Omission Not Waiver 70 Section 6.05. Undertaking for Costs 70 Section 6.06. Waiver of Stay or Extension Laws 70 ARTICLE 7 THE PURCHASE CONTRACT AGENT Section 7.01. Certain Duties and Responsibilities 70 Section 7.02. Notice of Default 71 Section 7.03. Certain Rights of Purchase Contract Agent 72 Section 7.04. Not Responsible for Recitals or Issuance of Units 73 TABLE OF CONTENTS (Continued) Page Section 7.05. May Hold Units 73 Section 7.06. Money Held in Custody 74 Section 7.07. Compensation and Reimbursement 74 Section 7.08. Corporate Purchase Contract Agent Required, Eligibility 75 Section 7.09. Resignation and Removal; Appointment of Successor 75 Section 7.10. Acceptance of Appointment by Successor 76 Section 7.11. Merger, Conversion, Consolidation or Succession to Business 77 Section 7.12. Preservation of Information; Communications to Holders 77 Section 7.13. No Obligations of Purchase Contract Agent 77 Section 7.14. Tax Compliance 78 ARTICLE 8 SUPPLEMENTAL AGREEMENTS Section 8.01. Supplemental Agreements Without Consent of Holders 79 Section 8.02. Supplemental Agreements With Consent of Holders 79 Section 8.03. Execution of Supplemental Agreements 80 Section 8.04. Effect of Supplemental Agreements 80 Section 8.05. Reference to Supplemental Agreements 81 ARTICLE 9 CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE
AutoNDA by SimpleDocs
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. SECTION 6.02.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. In the event that Contract Adjustment Payments shall constitute a component of Corporate SPUS or Treasury SPUS, the Holder of any Corporate SPUS or Treasury SPUS shall have the right, which is absolute and unconditional (subject to the payment by a holder of Contract Adjustment Payments pursuant to Section 5.9(a)), to receive payment of each installment of the Contract Adjustment Payments with respect to the Purchase Contract constituting a part of such Security on the respective Payment Date for such Security and to purchase Common Stock pursuant to such Purchase Contract and, in each such case, to institute suit for the enforcement of any such payment and right to purchase Common Stock, and such rights shall not be impaired without the consent of such Holder.
Unconditional Right of Holders to Receive Contract Adjustment Payments and to Purchase Shares of Common Stock. Each Holder of a HiMEDS Unit shall have the right, which is absolute and unconditional:
Time is Money Join Law Insider Premium to draft better contracts faster.