Common use of Subscription of Rights Clause in Contracts

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Stock at the rate of one share per Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued.

Appears in 3 contracts

Samples: Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.), Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.), Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.)

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Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share per Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued.

Appears in 2 contracts

Samples: Subscription and Escrow Agent Agreement (HG Holdings, Inc.), Form of Subscription Agent Agreement (Kona Grill Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share two shares per Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued.

Appears in 2 contracts

Samples: Subscription Agent Agreement (Tengasco Inc), Form of Subscription Agent Agreement (Pro Pharmaceuticals Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for (i) shares of Preferred Common Stock at the rate of one share per Right evidenced by a Certificate and (ii) Warrants at a rate of one Warrant per Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued.

Appears in 2 contracts

Samples: Subscription Agent Agreement, Form of Subscription Agent Agreement (Pro Pharmaceuticals Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Stock Units at the rate of one share Unit per Right every 1,105 Rights evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares Units will be issued.

Appears in 1 contract

Samples: Subscription and Escrow Agent Agreement (Enzon Pharmaceuticals, Inc.)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share per one full Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued. In the event that the number of Rights submitted by a holder is not a whole number, such number of Rights will be rounded down to the nearest whole number of Rights.

Appears in 1 contract

Samples: Subscription Agent Agreement (1st Constitution Bancorp)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the "Certificates"), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share per Right evidenced by a Certificate (the "Basic Subscription Right”Privilege"). No fractional shares will be issued.

Appears in 1 contract

Samples: Subscription/Escrow Agent Agreement (Citizens Independent Bancorp, Inc.)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 23. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share per Right evidenced by a stated on the Certificate (the “Basic Subscription Right”). No fractional shares will be issued.

Appears in 1 contract

Samples: Subscription Agent Agreement (Hampton Roads Bankshares Inc)

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Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders Record Holders to subscribeSubscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one [_______] of a share per Right evidenced by a Certificate (the “Basic Subscription RightPrivilege”). No fractional shares will be issuedissued and any fractional shares will be rounded up to the nearest whole share.

Appears in 1 contract

Samples: Subscription Agent Agreement (Nephros Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders Record Holders to subscribeSubscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one 0.18776 of a share per Right evidenced by a Certificate (the “Basic Subscription RightPrivilege”). No fractional shares will be issuedissued and any fractional shares will be rounded up to the nearest whole share.

Appears in 1 contract

Samples: Subscription Agent Agreement (Nephros Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders Record Holders to subscribeSubscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one 0.28673 of a share per Right evidenced by a Certificate (the “Basic Subscription RightPrivilege”). No fractional shares will be issuedissued and any fractional shares will be rounded up to the nearest whole share.

Appears in 1 contract

Samples: Subscription Agent Agreement (Nephros Inc)

Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Rights Certificates”), a copy of the form of which is attached hereto as Exhibit 22 and the final form of which will be filed as an exhibit to an amendment of the Registration Statement. The Rights Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one share per Right evidenced by a Rights Certificate (the “Basic Subscription Right”). No fractional shares Common Shares will be issued.

Appears in 1 contract

Samples: Form of Subscription and Warrant Agent Agreement (Omagine, Inc.)

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