Common Rights definition

Common Rights means one preferred share purchase right for each Common Share of the Company.
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Examples of Common Rights in a sentence

  • Each such notice of exchange will state the method by which the exchange of the shares of Common Stock and/or Common Share Equivalents or Class B Common Stock, and/or Common Share Equivalents, as the case may be, for Voting Class Rights or Class B Common Rights, as the case may be, will be effected and, in the event of any partial exchange, the number of Rights that will be exchanged.

  • The Company may, at its option, pay the Redemption Price in cash, shares of Voting Common Stock, in the case of holders of Voting Class Rights, or shares of Class B Common Stock, in the case of holders of Class B Common Rights (based on the Current Market Price of the Voting Common Stock or the Class B Common Stock, as the case may be, at the time of redemption), or any other form of consideration deemed appropriate by the Board of Directors.

  • Resolved that a committee be appointed to examine into all encroachments made on the Common and Common Rights of the parish and report the same at the next vestry.

  • Each such notice of redemption will state the method by which the payment of the Redemption Price or the Class A Common Rights Redemption Price, as the case may be, will be made.

  • Within 10 days after such action of the Board of Directors ordering the redemption of the Rights or Class A Common Rights, as the case may be, the Company shall mail a notice of redemption to all the holders of the then outstanding Rights or to the holders of the Class A Common Rights so redeemed, as the case may be, at their last addresses as they appear upon the registry books of the Rights Agent or, prior to the Distribution Date, on the registry books of the transfer agent for the Common Stock.

  • The redemption of the Class A Common Rights by the Board of Directors pursuant to this 37 41 paragraph (b) may be made effective at such time, on such basis, and with such conditions as the Board of Directors in its sole discretion may establish.

  • EXHIBIT B-2 Form of Class B Common Rights Certificates Certificate No. CBCR- _________ Rights NOT EXERCISABLE AFTER SEPTEMBER 30, 2009 OR EARLIER IF REDEEMED OR EXCHANGED BY THE COMPANY.

  • From and after the occurrence of a Section 13 Event, any Common Rights that have not theretofore been exercised pursuant to this Section 11(a)(ii) shall thereafter be exercisable only in connection with Section 13 and not pursuant to this Section 11(a)(ii).

  • For purposes of this Section 14(a), the market value of a whole Common Right shall be the closing price of the Common Rights for the Trading Day immediately prior to the date on which such fractional Common Rights would have been otherwise issuable.

  • The Tag Seller agrees that each other Class C Common Unit and Class C-1 Common Unit, as applicable, shall have the right to participate in such Tag Sale (the “Tag Along Rights”) by delivering written notice of such Class C Common Rights Holder’s intention to so participate within ten (10) days of receipt of the Tag Notice.

Related to Common Rights

  • Conversion Rights has the meaning set forth in Section 5.1.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Exchange Rights means any rights granted to limited partners of Simon Property Group, L.P., a Delaware limited partnership (including pursuant to an Exchange Rights Agreement) to exchange (subject to the Ownership Limit) limited partnership interests in such Partnership for shares of Capital Stock or cash at the option of the Corporation.

  • Step-in Rights means the right of one party to assume an intervening position to satisfy all terms of an agreement in the event the other party fails to perform its obligations under the agreement.

  • Registration Rights means the rights of the Holders to cause the Company to Register Registrable Securities pursuant to this Agreement.