Common use of Shareholder Rights Plans Clause in Contracts

Shareholder Rights Plans. Each share of Common Stock issued upon conversion of Notes pursuant to this Article shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement so that the holders of the Notes would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the Notes, the conversion rate will be adjusted in accordance with Section 14.05(d) treating all rights previously issued as Securities for purposes of such adjustment, subject to readjustment in the event of the expiration, termination or redemption of the rights.

Appears in 8 contracts

Samples: Satisfaction and Discharge of Indenture (China Security & Surveillance Technology, Inc.), Indenture (Fushi International Inc), Notes Purchase Agreement (China Security & Surveillance Technology, Inc.)

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Shareholder Rights Plans. Each share of Common Stock issued upon conversion of Notes pursuant to this Article 15 shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement so that the holders of the Notes would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the Notes, the conversion rate Conversion Rate will be adjusted at the time of separation as if the Company has distributed to all holders of Common Stock, shares of Capital Stock of the Company, evidence of indebtedness or assets as provided in accordance with Section 14.05(d) treating all rights previously issued as Securities for purposes of such adjustment15.04(c), subject to readjustment in the event of the expiration, termination or redemption of the such rights.

Appears in 3 contracts

Samples: Charles River Laboratories International Inc, Encore Capital Group Inc, Albany International Corp /De/

Shareholder Rights Plans. Each To the extent that the Company has a rights plan in effect upon conversion of the Notes, each share of Common Stock issued upon such conversion of Notes pursuant to this Article shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any such shareholder rights plan adopted by the Companyplan, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement plan so that the holders of the Notes Holders would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the Notes, the conversion rate will Conversion Rate shall be adjusted at the time of separation as if the Company distributed to all or substantially all holders of Common Stock Distributed Property as provided in accordance with Section 14.05(d) treating all rights previously issued as Securities for purposes of such adjustment14.04(c), subject to readjustment in the event of the expiration, termination or redemption of the such rights.

Appears in 2 contracts

Samples: Indenture (Photronics Inc), Indenture (Photronics Inc)

Shareholder Rights Plans. Each share of Common Stock issued upon conversion of Notes pursuant to this Article 15 shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement so that the holders of the Notes would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the Notes, the conversion rate will be adjusted in accordance with Section 14.05(d15.05(d) treating all rights previously issued as Securities for purposes of such adjustment, subject to readjustment in the event of the expiration, termination or redemption of the rights.

Appears in 2 contracts

Samples: Indenture (On Semiconductor Corp), Indenture (Headwaters Inc)

Shareholder Rights Plans. Each share of Common Stock issued upon conversion of Notes pursuant to this Article 15 shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement so that the holders of the Notes would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the Notes, the conversion rate Conversion Rate will be adjusted in accordance with Section 14.05(d15.05(d) treating all rights previously issued as Securities for purposes of such adjustment, subject to readjustment in the event of the expiration, termination or redemption of the rights.

Appears in 2 contracts

Samples: Indenture (On Semiconductor Corp), On Semiconductor Corp

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Shareholder Rights Plans. Each If the Company has a shareholder rights plan in effect upon conversion of the Notes into shares of Common Stock, each share of Common Stock Stock, if any, issued upon such conversion of Notes pursuant to this Article shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any such shareholder rights plan adopted by the Companyplan, as the same may be amended from time to time. If at the time However, if, prior to any conversion of conversion, howeverNotes, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement plan so that the holders of the Notes Holders would not be entitled to receive any rights in respect of Common Stock Stock, if any, issuable upon conversion of the Notes, the conversion rate will Conversion Rate shall be adjusted at the time of separation as if the Company distributed to all or substantially all holders of the Common Stock Distributed Property as provided in accordance with Section 14.05(d) treating all rights previously issued as Securities for purposes of such adjustment14.04(c), subject to readjustment in the event of the expiration, termination or redemption of the such rights.

Appears in 1 contract

Samples: Indenture (Pattern Energy Group Inc.)

Shareholder Rights Plans. Each share of Common Stock issued upon conversion of Notes Securities pursuant to this Article 9 shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. If at the time of conversion, however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights agreement so that the holders Holders of the Notes Securities would not be entitled to receive any rights in respect of Common Stock issuable upon conversion of the NotesSecurities, the conversion rate Conversion Rate will be adjusted at the time of separation as if the Company has distributed to all holders of Common Stock, shares of Capital Stock of the Company, evidence of indebtedness or assets as provided in accordance with Section 14.05(d) treating all rights previously issued as Securities for purposes of such adjustment9.03(c), subject to readjustment in the event of the expiration, termination or redemption of the such rights.

Appears in 1 contract

Samples: Wellpoint, Inc

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