Common use of No Redemption; No Sinking Fund Clause in Contracts

No Redemption; No Sinking Fund. (a) The shares of Series R Preferred Stock shall not be subject to redemption by the corporation or at the option of any holder of Series R Preferred Stock; provided, however, that the corporation may purchase or otherwise acquire outstanding shares of Series R Preferred Stock in the open market or by offer to any holder or holders of shares of Series R Preferred Stock.

Appears in 2 contracts

Samples: Rights Agreement (Eden Bioscience Corp), Rights Agreement (Itron Inc /Wa/)

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No Redemption; No Sinking Fund. (a) The shares of Series R Preferred Stock shall not be subject to redemption by the corporation Corporation or at the option of any holder of Series R Preferred Stock; provided, however, that the corporation Corporation may purchase or otherwise acquire outstanding shares of Series R Preferred Stock in the open market or by offer to any holder or holders of shares of Series R Preferred Stock.

Appears in 2 contracts

Samples: Rights Agreement (Digimarc CORP), Rights Agreement (DMRC Corp)

No Redemption; No Sinking Fund. (a) The shares of Series R Preferred Stock shall not be subject to redemption by the corporation Corporation or at the option of any holder of Series R Preferred Stock; Stock; provided, however, that the corporation Corporation may purchase or otherwise acquire outstanding shares of Series R Preferred Stock in the open market or by offer to any holder or holders of shares of Series R Preferred Stock.

Appears in 1 contract

Samples: Rights Agreement

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No Redemption; No Sinking Fund. (a) The shares of Series R Preferred Stock shall not be subject to redemption by the corporation Company or at the option of any holder of Series R Preferred Stock; provided, however, that the corporation Company may purchase or otherwise acquire outstanding shares of Series R Preferred Stock in the open market or by offer to any holder or holders of shares of Series R Preferred Stock.

Appears in 1 contract

Samples: Rights Agreement (Puget Energy Inc /Wa)

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