Rights, Warrants, Etc Sample Clauses
The "Rights, Warrants, Etc" clause defines the terms under which a party may be granted or exercise rights to purchase additional securities, such as through warrants, options, or similar instruments. This clause typically outlines the conditions, procedures, and limitations for exercising these rights, including the price, time frame, and any adjustments that may occur due to corporate actions like stock splits or mergers. Its core practical function is to provide clarity and structure around the issuance and exercise of derivative securities, ensuring both parties understand their rights and obligations and reducing the risk of disputes.
Rights, Warrants, Etc. Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of the issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deliver securities in response to any tender offer.
Rights, Warrants, Etc. Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deposit securities in response to any invitation for the tender thereof.
Rights, Warrants, Etc. Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, provided that the new securities and cash, if any, acquired by such action are to be delivered to the Custodian, and (b) deposit securities in response to any invitation for the tender thereof, provided that the consideration is to be paid or delivered or the tendered securities are to be returned to the Custodian.
Rights, Warrants, Etc. Pursuant to Instruction, the Global Sub-custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deliver securities in response to any tender offer.
Rights, Warrants, Etc. Pursuant to Instruction, the Global Sub-custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deliver securities in response to any tender offer.