DESCRIPTION OF RIGHTS Sample Clauses

DESCRIPTION OF RIGHTS. This section describes the general terms of the rights that we may offer and sell by this prospectus. This prospectus and any accompanying prospectus supplement will contain the material terms and conditions for each right. The accompanying prospectus supplement may add, update or change the terms and conditions of the rights as described in this prospectus. The particular terms of each issue of rights, the rights agreement relating to the rights and the rights certificates representing rights will be described in the applicable prospectus supplement, including, as applicable: • the title of the rights; • the date of determining the stockholders entitled to the rights distribution; • the title, aggregate number of shares of Class A common stock or preferred stock purchasable upon exercise of the rights; • the exercise price; • the aggregate number of rights issued; • the date, if any, on and after which the rights will be separately transferable; • the date on which the right to exercise the rights will commence and the date on which the right will expire; and • any other terms of the rights, including terms, procedures and limitations relating to the distribution, exchange and exercise of the rights. DESCRIPTION OF UNITS We may issue units comprised of one or more of the other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. The unit agreement under which a unit is issued may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The applicable prospectus supplement will describe: • the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; • any unit agreement under which the units will be issued; • any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and • whether the units will be issued in fully registered or global form. The applicable prospectus supplement will describe the terms of any units. The preceding description and any description of units in the applicable prospectus supplement does not purport to be complete and is subject to a...
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DESCRIPTION OF RIGHTS. No unit member shall be treated discriminatorily because of race, religious creed, color, national origin, ancestry, sex, sexual orientation, physical disability, mental disability, medical condition, genetic information, marital status, gender, gender identity, gender expression, membership or participation in an employee organization, political affiliation or opinion, or age, to the extent prohibited by applicable state or federal law.
DESCRIPTION OF RIGHTS. The Rights are not exercisable unless and until the Distribution Date (as defined below) occurs. When exercisable, each Right will entitle the holder to purchase for 42.00 (the "Purchase Price") 1/1000th of a share of a new series of the Company's preferred stock, Series A Junior Participating Preferred Stock. In general, if a person intentionally acquires 15% or more of the Company's common stock, a "flip-in" event occurs and each Right (other than those held by the acquiring person) entitles the holder to purchase for the Purchase Price ADDITIONAL COMMON STOCK of the Company WITH A MARKET VALUE OF TWICE THE PURCHASE PRICE OF THE RIGhT. SERIES A PARTICIPATING PREFERRED STOCK: 1/1000th of a share of the Series A Preferred Stock will be comparable to one share of the Company's Common Stock.
DESCRIPTION OF RIGHTS. It is understood and agreed that the District retains all of its powers and authority to direct, manage and control to the full extent of the law. Included in but not limited to those duties and powers are the exclusive rights to: determine its organization; direct the work of its unit members; determine the times of operation; determine the kinds and levels of services to be provided, and the methods and means of providing them; establish its educational policies, goals and objectives; insure the rights and educational opportunities of students; determine staffing patterns; determine the number and kinds of personnel required; maintain the efficiency of District operations; determine the curriculum; build, move or modify facilities; establish budget procedures and determine budgetary allocation; determine the methods of raising revenue; contract out work; and take action on matters in the event of an emergency. In addition, the Board retains the right to hire, classify, assign, transfer, evaluate, promote, terminate, and discipline unit members.
DESCRIPTION OF RIGHTS. 1. It is mutually agreed that the United States shall have the rights, power and authority within the bases which are necessary for the establishment, use, operation and defense thereof or appropriate for the control thereof and all the rights, power and authority within the limits of territorial waters and air space adjacent to, or in the vicinity of, the bases which are necessary to provide access to them, or appropriate for their control.
DESCRIPTION OF RIGHTS. As specified in the applicable prospectus supplement, we may issue rights to purchase the securities offered in this prospectus to our existing stockholders, and such rights may or may not be issued for consideration. The applicable prospectus supplement will describe the terms of any such rights. The description in the prospectus supplement will not purport to be complete and will be qualified in its entirety by reference to the documents pursuant to which such rights will be issued. DESCRIPTION OF UNITS We may, from time to time, issue units composed of one or more of the other securities that may be offered under this prospectus, in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. We may enter into one or more unit agreements with a unit agent. Each unit agent will be a bank or trust company that we select. The unit agreement under which a unit is issued may provide that the securities included in the unit may not be held or transferred separately at any time, or at any time before a specified date. You should read any prospectus supplement related to the units being offered, as well as the complete unit agreements that contain the terms of the units. We will file as an exhibit to the registration statement of which this prospectus forms a part, or will incorporate by reference from another report that we file with the SEC, the form of each unit agreement relating to units offered under this prospectus. Any applicable prospectus supplement may describe, among other things: · the material terms of the units and of the securities composing the units, including whether and under what circumstances those securities may be held or transferred separately; · any material provisions relating to the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; · the date, if any, on and after which the constituent securities composing the units will be separately transferable; · any special United States federal income tax considerations applicable to the units; and · any material provisions of the governing unit agreement that differ from those described above.
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DESCRIPTION OF RIGHTS. To the extent, and for the term, provided in this Agreement and in the Definitive Agreement, Chrysalis hereby grants to OrthoLogic the exclusive right to develop further, use and sell Licensed Products under the Technology Rights for fracture applications in the United States. In addition, Chrysalis hereby grants to OrthoLogic certain limited rights to make or have made Licensed Products and to assign its rights described herein, all as set forth in the Definitive Agreement.
DESCRIPTION OF RIGHTS. As specified in the applicable prospectus supplement, we may issue rights to purchase the securities offered in this prospectus to our existing stockholders, and such rights may or may not be issued for consideration. The applicable prospectus supplement will describe the terms of any such rights. The description in the prospectus supplement will not purport to be complete and will be qualified in its entirety by reference to the documents pursuant to which such rights will be issued.
DESCRIPTION OF RIGHTS. You have the right to use the said software for its intended purpose, in view of which you may reproduce and install the software on an ADM user telematics terminal produced by Neomatica LLC. The Software may be used subject to the rights and restrictions of the applicable licence in accordance with this Agreement. The licence under which you may use the Software depends on how you observe its parameters (its options) which is indispensable for determining the scope of rights granted to you by Neomatica LLC. Any use of the Software beyond the scope of rights granted to you under the applicable licence is a material breach of this Agreement.
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