Common use of Consequences of a Person or Group Becoming an Acquiring Person Clause in Contracts

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 $60, purchase shares of our common stock with a market value of $120, based on the market price of the common stock prior to such acquisition. · Flip Over. If our Company is later acquired in a merger or similar transaction after the Distribution Date, all holders of Rights except the Acquiring Person may, for $60, purchase shares of the acquiring corporation with a market value of $120, based on the market price of the acquiring corporation's stock prior to such transaction. · Notional Shares. Shares held by Affiliates and Associates of an Acquiring Person, including certain entities in which the Acquiring Person beneficially owns a majority of the equity securities, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.

Appears in 2 contracts

Samples: Rights Agreement (Dorian LPG Ltd.), Rights Agreement (Dorian LPG Ltd.)

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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 $60350, purchase shares of our common stock with a market value of $120700, based on the market price of the common stock prior to such acquisition. · Flip Over. If our Company is later acquired in a merger or similar transaction after the Rights Distribution Date, all holders of Rights except the Acquiring Person may, for $60350, purchase shares of the acquiring corporation with a market value of $120, 700 based on the market price of the acquiring corporation's stock ’s stock, prior to such transactionmerger. · Notional Shares. Shares held by Affiliates and Associates of an Acquiring Person, including certain entities in which the Acquiring Person beneficially owns a majority of the equity securities, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.

Appears in 1 contract

Samples: Rights Agreement (Clorox Co /De/)

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 $6020.00, purchase shares of our common stock with a market value of $12040.00, based on the market price of the common stock prior to such acquisition. · Flip Over. If our Company is later acquired in a merger or similar transaction after the Rights Distribution Date, all holders of Rights except the Acquiring Person may, for $6020.00, purchase shares of the acquiring corporation with a market value of $12040.00, based on the market price of the acquiring corporation's stock ’s stock, prior to such transactionmerger. · Notional Shares. Shares held by Affiliates and Associates of an Acquiring Person, including certain entities in which the Acquiring Person beneficially owns a majority of the equity securities, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.

Appears in 1 contract

Samples: Rights Agreement (CKX, 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 $60600, purchase shares of our common stock with a market value of $120, 1,200 based on the market price of the common stock prior to such acquisition. · Flip Over. If our Company is later acquired in a merger or similar transaction after the Rights Distribution Date, all holders of Rights except the Acquiring Person may, for $60600, purchase shares of the acquiring corporation with a market value of $120, 1,200 based on the market price of the acquiring corporation's stock ’s stock, prior to such transactionmerger. · Notional Shares. Shares held by Affiliates and Associates of an Acquiring Person, including certain entities in which the Acquiring Person beneficially owns a majority of the equity securities, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.

Appears in 1 contract

Samples: Rights Agreement (Cracker Barrel Old Country Store, Inc)

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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 $6012.50, purchase shares of our common stock with a market value of $12025.00, based on the market price of the common stock prior to such acquisition. · Flip Over. If our Company is later acquired in a merger or similar transaction after the Rights Distribution Date, all holders of Rights except the Acquiring Person may, for $60, 12.50 purchase shares of the acquiring corporation with a market value of $120, 25.00 based on the market price of the acquiring corporation's stock ’s stock, prior to such transactionmerger. · Notional Shares. Shares held by Affiliates and Associates of an Acquiring Person, including certain entities in which the Acquiring Person beneficially owns a majority of the equity securities, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.

Appears in 1 contract

Samples: Rights Agreement (Eastman Kodak Co)

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