Transferable Rights definition

Transferable Rights means the rights issued to the holders of Senior Secured Lender Claims to purchase common stock of Company as authorized under the Stand-Alone Plan.
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Transferable Rights as used here, means NewCo has the rights to sub-license or negotiate additional agreements or joint ventures as necessary in these exclusive markets to develop its business (e.g., in the Peoples Republic of China all business is executed through "Trade Corporations" who are full participants in the business enterprise).
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Examples of Transferable Rights in a sentence

  • A distribution on a Basket Stock that is a stock dividend payable in shares of that Basket Stock, an issuance of rights or warrants or a spin-off event and an extraordinary dividend will result in an adjustment to the number of shares only as described in "-Stock Dividends" above, "-Transferable Rights and Warrants" below, or "-Reorganization Events" below, as the case may be, and not as described here.

  • A Share Ratio will not be adjusted to reflect dividends or other distributions paid with respect to a Basket Stock, other than: stock dividends as described above; issuances of transferable rights and warrants as described in "-Transferable Rights and Warrants" below; distributions that are spin-off events as described in "-Reorganization Events" below; and extraordinary dividends as described below.

  • A distribution on a Basket Stock that is a stock dividend payable in shares of that Basket Stock, an issuance of rights or warrants or a spin-off event and an extraordinary dividend will result in an adjustment to the number of shares only as described in "--Stock Dividends" above, "--Transferable Rights and Warrants" below, or "--Reorganization Events" below, as the case may be, and not as described here.

  • A Share Ratio will not be adjusted to reflect dividends or other distributions paid with respect to a Basket Stock, other than: stock dividends as described above; issuances of transferable rights and warrants as described in "--Transferable Rights and Warrants" below; distributions that are spin-off events as described in "--Reorganization Events" below; and extraordinary dividends as described below.

  • Any amount remaining after application of the foregoing procedures shall be returned to the Rights holder by mail, without interest or deduction, as soon as practicable after (i) in the case of the Subscription Rights, the Subscription Rights Expiration Date or (ii) in the case of the Transferable Rights, the Transferable Rights Expiration Date (the applicable expiration date and time being referred to generally herein as "Expiration Time") and after all prorations and adjustments have been effected.