Common use of No Redemption; No Sinking Fund Clause in Contracts

No Redemption; No Sinking Fund. (a) The shares of Series A Preferred Stock shall not be subject to redemption by the Company or at the option of any holder of Series A Preferred Stock; PROVIDED, HOWEVER, that, subject to Section 4(a)(iv), the Company may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock. (b) The shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.

Appears in 3 contracts

Samples: Rights Agreement (Zimmer Holdings Inc), Rights Agreement (Zimmer Holdings Inc), Rights Agreement (Zimmer Holdings Inc)

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No Redemption; No Sinking Fund. (a) The shares of ------------------------------ Series A Preferred Stock shall not be subject to redemption by the Company Corporation or at the option of any holder of Series A Preferred Stock; PROVIDEDprovided, HOWEVERhowever, that, subject to clause (a)(iv) of Section 4(a)(iv)-------- ------- 4, the Company Corporation may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock. (b) The shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.

Appears in 2 contracts

Samples: Rights Agreement (Arch Chemicals Inc), Rights Agreement (Arch Chemicals Inc)

No Redemption; No Sinking Fund. (ai) The shares of Series A Preferred Stock shall not be subject to redemption by the Company Corporation or at the option of any holder of Series A Preferred StockStock except as set forth in Section 5 of Article IV of the Restated Articles of Incorporation of the Corporation; PROVIDEDprovided, HOWEVERhowever, that, subject to Section 4(a)(iv), that the Company Corporation may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock. (bii) The shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.

Appears in 1 contract

Samples: Rights Agreement (Associated Wholesale Grocers Group Inc)

No Redemption; No Sinking Fund. (a) The shares of Series A Serial Preferred Stock shall not be subject to redemption by the Company or at the option of any holder of Series A Serial Preferred Stock; PROVIDEDprovided, HOWEVERhowever, that, subject to Section 4(a)(iv), the Company may purchase or otherwise acquire outstanding shares of Series A Serial Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Serial Preferred Stock. (b) The shares of Series A Serial Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.

Appears in 1 contract

Samples: Rights Agreement (Caseys General Stores Inc)

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No Redemption; No Sinking Fund. (a) The shares of Series A I ------------------------------ Preferred Stock shall not be subject to redemption by the Company or at the option of any holder of Series A I Preferred Stock; PROVIDEDprovided, HOWEVERhowever, that, -------- ------- subject to Section 4(a)(iv), the Company may purchase or otherwise acquire outstanding shares of Series A I Preferred Stock in the open market or by offer to any holder or holders of shares of Series A I Preferred Stock. (b) The shares of Series A I Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.

Appears in 1 contract

Samples: Rights Agreement (Competitive Technologies Inc)

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