Common use of Determination of Rights Clause in Contracts

Determination of Rights. Each Rights Offeree shall receive one Right for each one share of Common Stock held of record as of the Record Date. Fractional Rights will not be issued by the Company.

Appears in 3 contracts

Samples: Subscription Rights Agreement (Worldgate Communications Inc), Subscription Rights Agreement (Waverider Communications Inc), Subscription Rights Agreement (Waverider Communications Inc)

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Determination of Rights. Each Rights Offeree shall receive one Right for each one share every 4.33 shares of Common Stock held of record as of the Record Date. Fractional Rights will not be issued by the Company.

Appears in 2 contracts

Samples: Subscription Agent Agreement (Advanced BioPhotonics Inc.), Subscription Agent Agreement (Advanced BioPhotonics Inc.)

Determination of Rights. Each Rights Offeree shall receive one Right for each one share every 7.53 shares of Common Stock held of record as of the Record Date. Fractional Rights will not be issued by the Company.

Appears in 1 contract

Samples: Subscription Agent Agreement (Omnicorder Technologies Inc)

Determination of Rights. Each Rights Offeree shall receive one Right for each one share of Common Stock Stock, stock option or purchase warrant exercisable to purchase the Company's Common Stock, or any of the Company's convertible debt owned or held of record as of the Record Date. Fractional Rights The Company will not be issued by the Companyissue fractional Rights.

Appears in 1 contract

Samples: Subscription Rights Agreement (Relm Wireless Corp)

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Determination of Rights. Each Rights Offeree shall receive one Right for each one share every 3.72 shares of Common Stock held of record as of the Record Date. Fractional Rights will not be issued by the Company.

Appears in 1 contract

Samples: Subscription Agent Agreement (Advanced BioPhotonics Inc.)

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