Class A Right has the meaning set forth in the Recitals to this Agreement.
Class A Right shall have the meaning set forth in the Recitals hereto.
Class A Right shall have the meaning set forth in the recitals to this Rights Agreement.
Examples of Class A Right in a sentence
Certificates representing Shares that are issued and outstanding at the Record Time (or confirmation of the registration of issue of the Shares in the register of members with respect to uncertificated shares), together with the letter mailed pursuant to Section 2.01, shall evidence one Class A Right for each Class A Ordinary Share and Preferred Share evidenced thereby and one Class B Right for each Class B Ordinary Share evidenced thereby notwithstanding the absence of the foregoing legend.
No fractional shares of Series A Preferred will be issued upon the exercise of any Class A Right or Class A Rights evidenced hereby (other than fractions which are integral multiples of one one-thousandth of a share of Series A Preferred, which may, at the election of the Company be evidenced by depositary receipts), but in lieu thereof a cash payment will be made, as provided in the Tax Benefits Plan.
More Definitions of Class A Right
Class A Right for each share of Class A common stock, par value $0.01 per share, of the Company (the “Class A Common Stock”) and one Class B Right (“Class B Right” and together with the Class A Rights, the “Rights”) for each share of Class B common stock, par value $0.01 per share, of the Company (the “Class B Common Stock” and together with the Class A Common Stock, the “Company Common Stock”) outstanding at the Close of Business on February 8, 2010 (the “Record Date”) and (ii) authorized the issuance of one Class A Right (as such number may hereinafter be adjusted pursuant hereto) for each share of Class A Common Stock issued between the Record Date and the earlier of the Distribution Date and the Expiration Date and, in certain circumstances, for each share of Class A Common Stock issued after the Distribution Date but before the Expiration Date and one Class B Right (as such number may hereinafter be adjusted pursuant hereto) for each share of Class B Common Stock issued between the Record Date and the earlier of the Distribution Date and the Expiration Date and, in certain circumstances, for each share of Class B Common Stock issued after the Distribution Date but before the Expiration Date; and
Class A Right shall have the meaning set forth in the Preamble hereof.
Class A Right means the Right attached to each share of Class A Common Stock.
Class A Right shall have the meaning set forth in the Recital at the beginning of the Agreement.
Class A Right shall represent the right to purchase one one-thousandth of a Preferred Share, upon the terms and subject to the conditions herein set forth.
Class A Right means a right (other than a Class A Option) to acquire, either directly or beneficially, one or more shares of Class A Common Stock that is issued pursuant to an Iridium Benefit Plan.
Class A Right for each outstanding share of its Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”) and one Class B Right (“Class B Right” and together with the Class A Rights, the “Rights”) for each outstanding share of its Class B Common Stock, par value $0.01 per share (the “Class B Common Stock” and together with the Class A Common Stock, the “Company Common Stock”), to stockholders of record at the close of business on February 8, 2010 (the “Record Date”), and authorized the issuance of one Class A Right for each share of Class A Common Stock issued by the Company and one Class B Right for each share of Class B Common Stock issued by the Company (except as otherwise provided in the Tax Benefits Plan, as defined below) between the Record Date and the Distribution Date (as defined below). Each Class A Right entitles the registered holder, subject to the terms of the Tax Benefits Plan (as defined below), to purchase from the Company one one-thousandth of a share (a “Unit”) of Series A Junior Participating Preferred Stock, par value $0.01 per share (the “Series A Preferred”), at a purchase price of $12.40 per Unit, subject to adjustment, and each Class B Right entitles the registered holder, subject to the terms of the Tax Benefits Plan, to purchase from the Company one Unit of Series B Junior Participating Preferred Stock, par value $0.01 per share (the “Series B Preferred”), at a purchase price of $12.40 per Unit, subject to adjustment. The purchase price for the Class A Rights and the Class B Rights is payable in cash or by certified or bank check or money order payable to the order of the Company. The description and terms of the Rights are set forth in a Tax Benefits Preservation Plan between the Company and Mellon Investor Services LLC, as Rights Agent, dated as of January 29, 2010, as amended from time to time (the “Tax Benefits Plan”).