Common use of Redemption Rights Clause in Contracts

Redemption Rights. At any time until ten business days following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $0.001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 18 contracts

Samples: Rights Agreement (RR Donnelley & Sons Co), Rights Agreement (Essendant Inc), Rights Agreement (Essendant Inc)

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Redemption Rights. At any time until ten (10) business days following the Stock Acquisition Date, the Company may may, at its option, redeem the Rights in whole, but not in part, at a price of $0.001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 13 contracts

Samples: Tax Benefits Preservation Plan, Tax Benefits Preservation Plan (Drive Shack Inc.), Tax Benefits Preservation Plan

Redemption Rights. At any time until ten business days following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price (subject to adjustment) of $0.001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 3 contracts

Samples: Rights Agreement (Universal Technical Institute Inc), Rights Agreement (J C Penney Co Inc), Rights Agreement (J C Penney Co Inc)

Redemption Rights. At any time until ten business days following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $0.001 0.01 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the BoardBoard of Directors). Immediately upon the action of the Board of Directors ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 0.01 redemption price.

Appears in 2 contracts

Samples: Rights Agreement (Jakks Pacific Inc), Rights Agreement (Jakks Pacific Inc)

Redemption Rights. At any time until ten (10) business days following the Stock Acquisition Date, the Company may may, at its option, redeem the Rights in whole, but not in part, at a price of $0.001 0.0001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 0.0001 redemption price.

Appears in 2 contracts

Samples: Tax Benefits Preservation Plan (Cord Blood America, Inc.), Tax Benefits Preservation Plan (Cord Blood America, Inc.)

Redemption Rights. At any time until ten 10 business days following the Stock Acquisition Date, the Company may may, at the Company’s option, redeem the Rights in whole, but not in part, at a price of $0.001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 1 contract

Samples: Offer to Purchase

Redemption Rights. At any time until ten (10) business days following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $0.001 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 1 contract

Samples: Rights Agreement (Oshkosh Corp)

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Redemption Rights. At any time until ten business days following the Stock Share Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price (subject to adjustment) of $0.001 per Right (payable in cash, Common Stock Shares or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 1 contract

Samples: Tax Benefits Preservation Rights Plan (Sunlink Health Systems Inc)

Redemption Rights. At any time until ten prior to the close of business days on the 10th business day following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $0.001 per Right (payable in cash, shares of Common Stock or other consideration deemed appropriate by the BoardBoard of Directors). Immediately upon the action of the Board of Directors ordering redemption of the Rights, the right to exercise the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 redemption price.

Appears in 1 contract

Samples: Rights Agreement (Ensign Group, Inc)

Redemption Rights. At any time until ten business days following the Stock Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $0.001 0.01 per Right (payable in cash, Common Stock or other consideration deemed appropriate by the Board). Immediately upon the action of the Board ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.001 0.01 redemption price.

Appears in 1 contract

Samples: Rights Agreement (Chicago Rivet & Machine Co)

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