Common use of Stockholder Rights Plan Clause in Contracts

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common Stock, Holders that convert their Securities will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 4 contracts

Samples: Indenture (Newmont Mining Corp /De/), Indenture (Newmont Mining Corp /De/), Indenture (Newmont Mining Corp /De/)

AutoNDA by SimpleDocs

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities the Holder will receive, receive upon conversion of the Notes in addition respect of which the Company has elected to the deliver Common Stock, if applicable, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stockCapital Stock, evidences of indebtedness or assets as described in Section 11.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities Notes the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 3 contracts

Samples: First Supplemental Indenture (Goodrich Petroleum Corp), Third Supplemental Indenture (Goodrich Petroleum Corp), First Supplemental Indenture (Goodrich Petroleum Corp)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common Stock, Holders that convert their Securities will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c9.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Smithfield Foods Inc), Second Supplemental Indenture (Smithfield Foods Inc)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common Stock, Holders that convert their Securities will shall receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will shall be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stock, Capital Stock evidences of indebtedness or assets as described in Section 11.02(c8.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will shall receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Indenture (Grubb & Ellis Co)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities Notes will receive, in addition to the Common StockStock (if any), the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c6.03(b) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities Notes the Holders will receive, in addition to the Common Stock (if any) issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Second Supplemental Indenture (Annaly Capital Management Inc)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common Stock, Holders that convert their Securities will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.agreement 70 ARTICLE 12 MISCELLANEOUS 70

Appears in 1 contract

Samples: Indenture (Newmont Mining Corp /De/)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities Notes will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c6.03(b) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities Notes the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Third Supplemental Indenture (Alcoa Inc)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities will Notes shall receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will shall be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s 's capital stock, evidences of indebtedness or assets as described in Section 11.02(c5.02(b) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities Notes the Holders will shall receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Third Supplemental Indenture (United States Steel Corp)

AutoNDA by SimpleDocs

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities Notes will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 11.02(c6.03(b) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities Notes the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: First Supplemental Indenture (Annaly Capital Management Inc)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common StockStock by any Holder, Holders that convert their Securities the Holder will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will shall be adjusted at the time of separation as if the Company distributed to all Holders holders of Common Stock shares of the Company’s capital stockCapital Stock, evidences of indebtedness or assets as described in Section 11.02(c12.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Indenture (Group 1 Automotive Inc)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities Notes into Common Stock, Holders that convert their Securities will Notes shall receive, in addition to the any shares of Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will shall be adjusted increased at the time of separation as if the Company distributed to all Holders of Common Stock shares of the Company’s capital stock, evidences of indebtedness or other assets or property as described in Section 11.02(c15.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement plan to provide that that, upon conversion of the Securities Notes, the Holders will shall receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreementplan.

Appears in 1 contract

Samples: Indenture (Radioshack Corp)

Stockholder Rights Plan. To the extent that the Company has a rights plan in effect upon conversion of the Securities into Common Stock, the Holders that convert their Securities will receive, in addition to the Common Stock, the rights under the rights plan, unless prior to any conversion, the rights have separated from the Common Stock, in which case, and only in such case, the Conversion Rate will be adjusted at the time of separation as if the Company distributed to all Holders or substantially all holders of Common Stock shares of the Company’s capital stockCapital Stock, evidences of indebtedness or assets or property as described in Section 11.02(c12.02(c) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. In lieu of any such adjustment, the Company may amend such applicable stockholder rights agreement to provide that upon conversion of the Securities the Holders will receive, in addition to the Common Stock issuable upon such conversion, the rights which would have attached to such Common Stock if the rights had not become separated from the Common Stock under such applicable stockholder rights agreement.

Appears in 1 contract

Samples: Indenture (Eddie Bauer Holdings, Inc.)

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