Common use of Rights Plans Clause in Contracts

Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any shares of the Series C NVCE Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation had made a distribution to all holders of Common Stock as described in Section VII(e), subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 3 contracts

Samples: Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.)

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Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any shares of the Series C NVCE A Preferred Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation had made a distribution to all holders of Common Stock as described in Section VII(e)clause (e) above, subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 2 contracts

Samples: Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.)

Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any the applicable Conversion Date, upon conversion of any shares of the Series C NVCE D Preferred Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such the applicable Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation had made a distribution to all holders of the Common Stock as described in Section VII(e)clause (iii) above, subject to readjustment in the event of the expiration, expiration or termination or redemption of such rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Giga Tronics Inc)

Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any shares of the Series C A NVCE Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation had made a distribution to all holders of Common Stock as described in Section VII(e), subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Paltalk, Inc.)

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Rights Plans. To the extent that the Corporation Company has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any shares of the Series C NVCE Preferred Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation Company had made a distribution to all holders of the Common Stock as described in Section VII(e)clause (iv) above, subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 1 contract

Samples: Investment Agreement (TriState Capital Holdings, Inc.)

Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any the applicable Conversion Date, upon conversion of any shares of the Series C NVCE Preferred Stock, the Holders will receive, in addition to the shares of Common Stock, the rights under the rights plan, unless, prior to such the applicable Conversion Date, the rights have separated from the shares of Common Stock, in which case the Conversion Price will be adjusted at the time of separation as if the Corporation had made a distribution to all holders of the Common Stock as described in Section VII(e)clause (iii) above, subject to readjustment in the event of the expiration, expiration or termination or redemption of such rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Giga Tronics Inc)

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