Common use of Right Certificate Clause in Contracts

Right Certificate. THE CHUBB CORPORATION This Right Certificate certifies that ______________________, or registered assigns, is the registered holder of the number of Rights set forth above, each of which entitles the holder (upon the terms and subject to the conditions set forth in the Rights Agreement dated as of March 12, 1999 (the "Rights Agreement") between The Chubb Corporation, a New Jersey corporation (the "Company"), and First Chicago Trust Company of New York (the "Rights Agent")) to purchase from the Company, at any time after the Distribution Date and prior to the Expiration Date, ___ one-thousandth[s] of a fully paid, --------- 1 If applicable, insert this portion of the legend and delete the preceding sentence. nonassessable share of Series B Participating Cumulative Preferred Stock (the "Preferred Stock") of the Company at a purchase price of $240 per one one-hundredth of a share (the "Purchase Price"), payable in lawful money of the United States of America, upon surrender of this Right Certificate, with the form of election to purchase and related certificate duly executed, and payment of the Purchase Price at an office of the Rights Agent designated for such purpose. Terms used herein and not otherwise defined herein have the meanings assigned to them in the Rights Agreement. The number of Rights evidenced by this Right Certificate (and the number and kind of shares issuable upon exercise of each Right) and the Purchase Price set forth above are as of March 12, 1999, and may have been or in the future be adjusted as a result of the occurrence of certain events, as more fully provided in the Rights Agreement.

Appears in 2 contracts

Samples: Rights Agreement (Chubb Corp), Rights Agreement (Chubb Corp)

AutoNDA by SimpleDocs

Right Certificate. THE CHUBB CHESAPEAKE UTILITIES CORPORATION This Right Certificate certifies that ______________________, or registered assigns, is the registered holder owner of the number of Rights set forth above, each of which entitles the holder (upon the terms and owner thereof, subject to the terms, provisions and conditions set forth in of the Rights Agreement Agreement, dated as of March 12August 20, 1999 (the "Rights Agreement") ), between The Chubb Chesapeake Utilities Corporation, a New Jersey Delaware corporation (the "CompanyCorporation"), and First Chicago Trust Company of New York BankBoston, N.A. (the "Rights Agent")) , to purchase from the Company, Corporation at any time after the Distribution Date (as such term is defined in the Rights Agreement) and prior to 5:00 P.M., New York time, on August 20, 2009, unless the Expiration DateRights evidenced hereby shall have been previously redeemed by the Corporation, ___ at the principal office or offices of the Rights Agent designated for such purpose, or at the office of its successor as Rights Agent, one-thousandth[s] fiftieth of a fully paid, --------- 1 If applicable, insert this portion of the legend and delete the preceding sentence. nonassessable paid non-assessable share of Series B A Participating Cumulative Preferred Stock Stock, par value $.01 per share (the "Preferred StockShares") ), of the Company Corporation, at a purchase price of $240 54.56 per one one-hundredth fiftieth of a share Preferred Share (the "Purchase Price"), payable in lawful money of the United States of America, upon presentation and surrender of this Right Certificate, Certificate with the form attached Form of election Election to purchase and related certificate Purchase duly executed, and payment of the Purchase Price at an office of the Rights Agent designated for such purpose. Terms used herein and not otherwise defined herein have the meanings assigned to them in the Rights Agreement. The number of Rights evidenced by this Right Certificate (and the number and kind of shares issuable one-fiftieths of a Preferred Share which may be purchased upon exercise of each Righthereof) set forth above, and the Purchase Price set forth above above, are the number and Purchase Price as of March 12August 20, 1999, and may have been or in based on the future be adjusted Preferred Shares as a result of the occurrence of certain events, as more fully provided in the Rights Agreementconstituted at such date.

Appears in 1 contract

Samples: Rights Agreement (Chesapeake Utilities Corp)

Right Certificate. THE CHUBB CORPORATION TEXAS INSTRUMENTS INCORPORATED This Right Certificate certifies that ______________________, or registered assigns, is the registered holder of the number of Rights set forth above, each of which entitles the holder (upon the terms and subject to the conditions set forth in the Rights Agreement dated as of March 12June 18, 1999 1998 and as amended from time to time (the "Rights Agreement") between The Chubb CorporationTexas Instruments Incorporated, a New Jersey Delaware corporation (the "Company"), and First Chicago Harris Trust Company of New York and Savings Bank (the "Rights Agent")) to purchase from the Companytxx Xxxpany, at any time after the Distribution Date and prior to the Expiration Date, ___ [one] one-thousandth[s] of a fully paid, --------- 1 If applicable, insert this portion of the legend and delete the preceding sentence. nonassessable share of Series B Participating Cumulative Preferred Stock (the "Preferred Stock") of the Company at a purchase price of $240 200 per one one-hundredth thousandth of a share (the "Purchase Price"), payable in lawful money of the United States of America, upon surrender of this Right Certificate, with the form of election to purchase and related certificate duly executed, and payment of the Purchase Price at an office of the Rights Agent designated for such purpose. Terms used herein and not otherwise defined herein have the meanings assigned to them in the Rights Agreement. The number of Rights evidenced by this Right Certificate (and the number and kind of shares issuable upon exercise of each Right) and the Purchase Price set forth above are as of March 12____________, 1999____, and may have been or in the future may be adjusted as a result of the occurrence of certain events, as more fully provided in the Rights Agreement.

Appears in 1 contract

Samples: Rights Agreement (Texas Instruments Inc)

AutoNDA by SimpleDocs

Right Certificate. THE CHUBB CORPORATION This Right Certificate certifies that ______________________, or registered assigns, is the registered holder of the number of Rights set forth above, each of which entitles the holder (upon the terms and subject to the conditions set forth in the Rights Agreement dated as of March 12, 1999 (the "Rights Agreement") between The Chubb Corporation, a New Jersey corporation (the "Company"), and First Chicago Trust Company of New York (the "Rights Agent")) to purchase from the Company, at any time after the Distribution Date and prior to the Expiration Date, ___ one-thousandth[s] of a fully paid, --------- nonassessable share of Series B Participating Cumulative Preferred Stock (the -------- 1 If applicable, insert this portion of the legend and delete the preceding sentence. nonassessable share of Series B Participating Cumulative Preferred Stock (the "Preferred Stock") of the Company at a purchase price of $240 per one one-hundredth of a share (the "Purchase Price"), payable in lawful money of the United States of America, upon surrender of this Right Certificate, with the form of election to purchase and related certificate duly executed, and payment of the Purchase Price at an office of the Rights Agent designated for such purpose. Terms used herein and not otherwise defined herein have the meanings assigned to them in the Rights Agreement. The number of Rights evidenced by this Right Certificate (and the number and kind of shares issuable upon exercise of each Right) and the Purchase Price set forth above are as of March 12, 1999, and may have been or in the future be adjusted as a result of the occurrence of certain events, as more fully provided in the Rights Agreement.

Appears in 1 contract

Samples: Rights Agreement (Chubb Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!