Rights Plan definition

Rights Plan means a plan of the Company providing for the issuance by the Company to all holders of its Common Stock of rights entitling the holders thereof to subscribe for or purchase shares of Common Stock or any class or series of preferred stock, which rights (i) are deemed to be transferred with such shares of Common Stock, (ii) are not exercisable and (iii) are also issued in respect of future issuances of Common Stock, in each case until the occurrence of a specified event or events.

Rights Plan means a plan of the Company providing for the issuance by the Company to all holders of its Common Stock of rights entitling the holders thereof to subscribe for or purchase shares of any class or series of capital stock of the Company which rights (i) are deemed to be transferred with such shares of such Common Stock and (ii) are also issued in respect of future issuances of such Common Stock, in each case until the occurrence of a specified event or events.

Rights Plan means a plan of the Company providing for the issuance by the Company to all holders of its Equity Interests of rights entitling the holders thereof to subscribe for or purchase Equity Interests or any class or series of Equity Interests in the Company which rights (i) are deemed to be transferred with such Equity Interests and (ii) are also issued in respect of future issuances of such Equity Interests, in each case until the occurrence of a specified event or events.

Examples of Rights Plan in a sentence

• Capitalized terms shall have the meaning ascribed thereto in the Shareholder Rights Plan Agreement.

• Upon written request, the Company will provide a copy of the Rights Plan free of charge to any of its shareholders.

• The rights issued under the Rights Plan contain provisions designed to dissuade a person from acquiring a number of the Company’s Common Shares that could result in an ownership change and thereby limit the use by the Company or cause the loss altogether of the Company’s NOLs, NCLs and built-in losses.

• This summary of rights provides only a general description of the Rights Plan, and thus, should be read together with the entire Rights Plan, which is incorporated into this summary by reference.

• While this was not the intent of our Board when adopting the Rights Plan, the Rights will have certain anti-takeover effects.

More Definitions of Rights Plan

Rights Plan has the meaning ascribed to it in the recitals;

Rights Plan means any common stock or preferred stock rights plan or any similar plan in effect as of the date of this Note or adopted by the Borrower after the date hereof or any replacement or successor rights plan.

Rights Plan means any plan or arrangement of the sort commonly referred to as a “rights plan” or “stockholder rights plan” or “shareholder rights plan” or “poison pill” that is designed to increase the cost to a potential acquirer of exceeding the applicable ownership thresholds through the issuance of new rights, common stock or preferred shares (or any other security or device that may be issued to stockholders of the Company, other than ratably to all stockholders of the Company) that carry severe redemption provisions, favorable purchase provisions or otherwise, and any related rights agreement.

Rights Plan means a plan of the Company or the Guarantor providing for the issuance by the Company or the Guarantor to all holders of its Equity Interests of rights entitling the holders thereof to subscribe for or purchase Equity Interests of the Company or the Guarantor, as applicable, which rights (i) are deemed to be transferred with such Equity Interests and (ii) are also issued in respect of future issuances of such Equity Interests, in each case until the occurrence of a specified event or events.

Rights Plan has the meaning specified in Section 13.06(c).

Rights Plan means the Shareholder Rights Plan of the Company;

Rights Plan means the plan certified as the rights plan by the decision-maker for the purposes of this Order;