Common use of Exchange Property Election Clause in Contracts

Exchange Property Election. In the event that the holders of shares of Common Stock have the opportunity to elect the form of consideration to be received in a Reorganization Event, such consideration that the Holders of shares of Series A Preferred Stock shall be entitled to receive shall be determined by the Majority Holders on or before the earlier of (a) the deadline for elections by holders of shares of Common Stock, and (b) two Business Days before the anticipated effective date (or consummation, if applicable) of such Reorganization Event.

Appears in 2 contracts

Samples: Equity Commitment and Investment Agreement (Ani Pharmaceuticals Inc), Agreement and Plan of Merger (Ani Pharmaceuticals Inc)

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Exchange Property Election. In the event that the holders of shares of Common Stock have the opportunity to elect the form of consideration to be received in a Reorganization Event, such consideration the Exchange Property that the Holders of shares of Series A Preferred Stock shall be entitled to receive shall be determined by the Majority Holders on or before the earlier of (a) the deadline for elections by holders of shares of Common Stock, and (b) two Business Days before the anticipated effective date (or consummation, if applicable) of such Reorganization Event.

Appears in 1 contract

Samples: Registration Rights Agreement (Catalent, Inc.)

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Exchange Property Election. In the event that the holders of shares of the Common Stock Shares have the opportunity to elect the form of consideration to be received in a Reorganization Event, such consideration the Exchange Property that the Holders of shares holders of Series A Preferred Stock Preference Shares shall be entitled to receive shall be determined by the Majority Holders on or before the earlier of (ai) the deadline for elections by holders of shares of Common Stock, Shares and (bii) two Business Days before the anticipated effective date (or consummation, if applicable) of such Reorganization Event.

Appears in 1 contract

Samples: Investment Agreement (Signet Jewelers LTD)

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