Common use of Adjustments in Rights After There Is an Acquiring Person; Exchange of Rights for Shares; Business Combinations Clause in Contracts

Adjustments in Rights After There Is an Acquiring Person; Exchange of Rights for Shares; Business Combinations. (a) Upon a Person becoming an Acquiring Person, proper provision shall be made so that each holder of a Right, except as provided in Section 7(e), shall thereafter have a right to receive, upon exercise thereof for the Purchase Price in accordance with the terms of this

Appears in 2 contracts

Samples: Rights Agreement (Chirex Inc), Rights Agreement (Chirex Inc)

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Adjustments in Rights After There Is an Acquiring Person; Exchange of Rights for Shares; Business Combinations. (a) Upon a Person becoming an Acquiring Person, proper provision shall be made so that each holder of a Right, except as provided in Section 7(e), shall thereafter have a right to receive, upon exercise thereof for the Purchase Price in accordance with the terms of thisthis Rights Agreement, such number of one-hundredths (1/100ths) of a Preferred Share as shall equal the result obtained by multiplying the Purchase Price by a fraction, the numerator of

Appears in 1 contract

Samples: Rights Agreement (Telco Systems Inc /De/)

Adjustments in Rights After There Is an Acquiring Person; Exchange of Rights for Shares; Business Combinations. (a) Upon a Person becoming an Acquiring Person, proper provision shall be made so that each holder of a Right, except as provided in Section 7(e), shall thereafter have a right to receive, upon exercise thereof for the Purchase Price in accordance with the terms of thisholder

Appears in 1 contract

Samples: Rights Agreement (Air Products & Chemicals Inc /De/)

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Adjustments in Rights After There Is an Acquiring Person; Exchange of Rights for Shares; Business Combinations. (a) Upon a Person becoming an Acquiring Person, proper provision shall be made so that each holder of a Right, except as provided in Section 7(e), shall thereafter have a right to receive, upon exercise thereof for the Purchase Price in accordance with the terms of thisthis Rights Agreement, such number of one-hundredths (1/100ths) of a Preferred Share as shall equal the result obtained

Appears in 1 contract

Samples: Rights Agreement (Telco Systems Inc /De/)

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