Common use of Exercise of Rights; Exercise Price; Expiration Date of Rights Clause in Contracts

Exercise of Rights; Exercise Price; Expiration Date of Rights. (a) Subject to Section 7(d), the registered holder of any Rights Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at any time after the Distribution Date and prior to the earliest of (i) the Close of Business on the tenth anniversary of the Record Date (the "Final Expiration Date"), (ii) the time at which the Rights are redeemed as provided in Section 23 (the "Redemption Date") and (iii) the time at which such Rights are exchanged as provided in Section 24, upon surrender of such Rights Certificate, with the Form of Election to Purchase and Certification of Status on the reverse side thereof duly executed, together with such signature guarantees and other documentation as the Rights Agent may reasonably request, to the Rights Agent at its principal office, accompanied by payment (as provided in subsection (c) of this Section 7) of the Exercise Price for each one one-hundredth of a Preferred Share (or after a Triggering Event, the securities, cash and other property purchasable in lieu thereof) as to which the surrendered Rights are then being exercised.

Appears in 4 contracts

Samples: Stockholders Rights Agreement (Whitehall Jewellers Inc), Stockholders Rights Agreement (Peapod Inc), Stockholders Rights Agreement (Whitehall Jewellers Inc)

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Exercise of Rights; Exercise Price; Expiration Date of Rights. (a) Subject to Section 7(d), No Right may be exercised until the registered holder of any Rights Certificate may exercise Business Day after the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at Distribution Date. At any time on and after the Business Day after the Distribution Date and prior to the earliest of (i) the Close of Business on the tenth anniversary of the Record Date February 21, 2007 (the "Final Expiration Date"), and (ii) the time at which the Rights are redeemed as provided in Section 23 (the "Redemption Date") and (iii) the time at which such Rights are exchanged as provided in Section 243.2, the registered holder of any Rights Certificate may exercise the Rights evidenced thereby, except as otherwise provided herein and subject to Section 2.5(c), in whole or in part, upon surrender of such Rights Certificate, with the Form of Election to Purchase and Certification of Status on the reverse side thereof duly executed, together with such signature guarantees and other documentation as the Rights Agent may reasonably request, to the Rights Agent at its principal office, accompanied by payment (as provided in subsection (c) of this Section 72.5(b)) of the Exercise Price for each one one-hundredth of a Preferred Share (or after a "Triggering Event" [as hereinafter defined], the securities, cash and other property purchasable in lieu thereof) as to which the surrendered Rights are then being exercised.

Appears in 2 contracts

Samples: Shareholder Rights Agreement (Hallmark Capital Corp), Shareholder Rights Agreement (Hallmark Capital Corp)

Exercise of Rights; Exercise Price; Expiration Date of Rights. (a) Subject to Section 7(d), No Right may be exercised until the registered holder of any Rights Certificate may exercise Business Day after the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at Distribution Date. At any time on and after the Business Day after the Distribution Date and prior to the earliest of (i) the Close of Business on the tenth anniversary of the Record Date September 25, 2007 (the "Final Expiration Date"), and (ii) the time at which the Rights are redeemed as provided in Section 23 (the "Redemption Date") and (iii) the time at which such Rights are exchanged as provided in Section 243.2, the registered holder of any Rights Certificate may exercise the Rights evidenced thereby, except as otherwise provided herein and subject to Section 2.5(c), in whole or in part, upon surrender of such Rights Certificate, with the Form of Election to Purchase and Certification of Status on the reverse side thereof duly executed, together with such signature guarantees and other documentation as the Rights Agent may reasonably request, to the Rights Agent at its principal office, accompanied by payment (as provided in subsection (c) of this Section 72.5(b)) of the Exercise Price for each one one-hundredth of a Preferred Share (or after a "Triggering Event" [as hereinafter defined], the securities, cash and other property purchasable in lieu thereof) as to which the surrendered Rights are then being exercised.

Appears in 2 contracts

Samples: Shareholder Rights Agreement (St Francis Capital Corp), Shareholder Rights Agreement (St Francis Capital Corp)

Exercise of Rights; Exercise Price; Expiration Date of Rights. (a) Subject to Section 7(d), the registered holder of any Rights Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at any time after the Distribution Date and prior to the earliest of (i) the Close of Business on the tenth anniversary of the Record Date March ___, 2007 (the "Final Expiration Date"), (ii) the time at which the Rights are redeemed as provided in Section 23 (the "Redemption Date") and (iii) the time at which such Rights are exchanged as provided in Section 24, upon surrender of such Rights Certificate, with the Form form of Election election to Purchase and Certification of Status purchase on the reverse side thereof duly executed, together with such signature guarantees and other documentation as the Rights Agent may reasonably request, to the Rights Agent at its principal office, accompanied by payment (as provided in subsection (c) of this Section 7) of the Exercise Price for each one one-hundredth of a Preferred Share (or after a Triggering Event, the securities, cash and other property purchasable in lieu thereof) as to which the surrendered Rights are then being exercised.

Appears in 1 contract

Samples: Rights Agreement (Home Products International Inc)

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Exercise of Rights; Exercise Price; Expiration Date of Rights. (a) Subject to Section 7(d), the registered holder of any Rights Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at any time after the Distribution Date and prior to the earliest of (i) the Close of Business on the tenth anniversary of the Record Date August 10, 2008 (the "Final Expiration DateFINAL EXPIRATION DATE"), (ii) the time at which the Rights are redeemed as provided in Section 23 (the "Redemption DateREDEMPTION DATE") and (iii) the time at which such Rights are exchanged as provided in Section 24, upon surrender of such Rights Certificate, with the Form form of Election election to Purchase and Certification of Status purchase on the reverse side thereof duly executed, together with such signature guarantees and other documentation as the Rights Agent may reasonably request, to the Rights Agent at its principal office, accompanied by payment (as provided in subsection (c) of this Section 7) of the Exercise Price for each one one-hundredth of a Preferred Share (or after a Triggering Event, the securities, cash and other property purchasable in lieu thereof) as to which the surrendered Rights are then being exercised.

Appears in 1 contract

Samples: Rights Agreement (Success Bancshares Inc)

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