Consequences of a Person or Group Becoming an Acquiring Person. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person may, for payment of the Exercise Price, purchase shares of our common stock with a market value of twice the Exercise Price, based on the market price of the common stock as of the acquisition that resulted in such person or group becoming an Acquiring Person.
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Samples: Rights Agreement (Dolan Co.), Rights Agreement (AV Homes, Inc.), Tax Benefit Preservation Plan (Ambac Financial Group Inc)
Consequences of a Person or Group Becoming an Acquiring Person. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person Person, or any Affiliates or Associates of the Acquiring Person, may, for upon payment of the Exercise Price, purchase shares of our common stock with a market value of twice the Exercise Price, based on the ‘current per share market price price’ of the common stock (as defined in the Rights Agreement) on the date of the acquisition that resulted in such person or group becoming an Acquiring Person.
Appears in 2 contracts
Samples: Rights Agreement (Novastar Financial Inc), Rights Agreement (Level 3 Communications Inc)
Consequences of a Person or Group Becoming an Acquiring Person. Flip In. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person may, for payment will have the right to receive upon exercise that number of the Exercise Price, purchase shares of our common stock with having a market value of twice two times the Exercise Price, based on the market exercise price of the common stock as of the acquisition that resulted in such person or group becoming an Acquiring Personright.
Appears in 1 contract
Samples: Rights Agreement (Freds Inc)
Consequences of a Person or Group Becoming an Acquiring Person. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person Person, or any Affiliates or Associates of the Acquiring Person, may, for upon payment of the Exercise Price, purchase shares of our common stock with a market value of twice the Exercise Price, based on the “current per share market price price” of the common stock (as defined in the Rights Agreement) on the date of the acquisition that resulted in such person or group becoming an Acquiring Person.
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Consequences of a Person or Group Becoming an Acquiring Person. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person Person, or any Affiliates or Associates of the Acquiring Person, may, for upon payment of the Exercise Price, purchase shares of our common stock with a market value of twice the Exercise Price, based on the “current per share market price price” of the common stock (as defined in the NOL Rights Plan) on the date of the acquisition that resulted in such person or group becoming an Acquiring Person.
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Consequences of a Person or Group Becoming an Acquiring Person. Flip In. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person may, for payment of the Exercise Price, purchase shares of our common stock Company Common Stock (or substantially equivalent security) with a market value of twice the Exercise Price, based on the market price of the common stock as of the acquisition that resulted in Company Common Stock prior to such person or group becoming an Acquiring Personacquisition.
Appears in 1 contract
Samples: Rights Agreement (Rayonier Advanced Materials Inc.)
Consequences of a Person or Group Becoming an Acquiring Person. Flip In. If a person or group becomes an Acquiring Person, all holders of Rights except the Acquiring Person mayshall thereafter have the right to receive, for payment upon exercise, that number of shares of Common Stock (or, in certain circumstances, cash, property or other securities of the Exercise Price, purchase shares of our common stock with a market value of twice Company) which equals the Exercise Price, based on Price divided by 50% of the current market price per share of Common Stock at the date of the common stock as occurrence of the acquisition that resulted in such person or group becoming an Acquiring Personevent.
Appears in 1 contract
Samples: Rights Agreement (Medifast Inc)