Treatment of Rights Sample Clauses

Treatment of Rights. Immediately prior to the Effective Time, all issued and outstanding Rights shall expire in their entirety without any payment being made in respect thereof in accordance with the Rights Agreement.
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Treatment of Rights. To the extent that the Company has a rights plan in effect, each share of Common Stock issued upon conversion of a security pursuant to this Article 12 shall be entitled to receive, in addition to any of the Company’s Common Stock and in lieu of any adjustment to the conversion price, the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any shareholder rights plan adopted by the Company, as the same may be amended from time to time. Notwithstanding the foregoing, if prior to the conversion, the rights have separated from the Company’s Common Stock, the applicable conversion price will be adjusted at the time of separation as if the Company distributed to all holders of the Company’s Common Stock, shares of the Company’s capital stock, evidences of indebtedness or assets as described in Section 12.04 above, subject to readjustment in the event of the expiration, termination or redemption of such rights. SIGNATURES
Treatment of Rights. The treatment of outstanding and unexercised options granted under the Stock Option Plans and of the Warrants as of the Closing as contemplated by Section 1.1(b) does not violate or conflict with any of the provisions of the Stock Option Plans, the Warrants or any agreements reflecting the grant of options or warrants thereunder. As of the Closing, all issued and outstanding Rights will terminate and there will be no undisclosed or contingent Liabilities of Company or NRC to the holders thereof as a result of or in any way related to the Rights.
Treatment of Rights. If the Company has a shareholder rights agreement or a rights plan in effect upon conversion of the Notes into ADSs, Holders of the Notes will receive, in addition to ADSs received in connection with such conversion, the rights under the shareholder rights agreement or the rights plan, unless prior to such conversion, the rights have separated from Ordinary Shares (directly or in the form of ADSs), 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 Ordinary Shares (directly or in the form of ADSs), the distributed property as described in Section 4.06(d)(3) above, subject to readjustment in the event of the expiration, termination or redemption of such rights. Any distribution of rights or warrants pursuant to a shareholder agreement or a rights plan that would allow a Holder to receive upon conversion, in addition to any of the ADSs, the rights described therein with respect to such ADSs (unless such rights or warrants have separated from Ordinary Shares) shall not constitute a distribution of rights or warrants that would entitle a Holder to an adjustment to the Conversion Rate.

Related to Treatment of Rights

  • Impairment of Rights The Trust shall not take any action, or fail to take any action, if such action or failure to take action may interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Noteholders or Financial Security.

  • Amendment of Rights Any provision of this Agreement may be amended and the observance thereof may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the parties hereto (and/or any of their permitted successors or assigns).

  • Protection of Rights The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trustee in any Receivable, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.

  • Agreement of Right Holders Every holder of a Right, by accepting the same, consents and agrees with the Company and the Rights Agent and with every other holder of a Right that:

  • Termination of Rights The right of first refusal granted the --------------------- Company by Section 3(b) above and the option to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act. Upon termination of the right of first refusal described in Section 3(b) and the expiration or exercise of the Repurchase Option, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend referred to in Section 6(a)(ii) below and delivered to Purchaser.

  • No Impairment of Rights The Company will not, by amendment of its Charter or through any other means, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the holder of this Warrant against impairment.

  • Retention of Rights Nothing in this Agreement limits in any way the rights of Buyer and its Affiliates in and to Buyer Marks, including without limitation (A) all rights of ownership in and to Buyer Marks, including the right to license or transfer the same, and, (B) the unimpaired right to use and to license others to use Buyer Marks in connection with manufacturing, marketing, distribution, sale, service, maintenance, repair, or provision of any products or services whether within or without the Territory.

  • Limitation of Rights Nothing in this Agreement or the Plan shall be construed to:

  • Reservation of Rights Nothing contained in this Agreement shall prevent or in any way diminish or interfere with any rights or remedies, including, without limitation, the right to contribution, which Lender may have against Borrower, Indemnitor or any other party under the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (codified at Title 42 U.S.C. §9601 et seq.), as it may be amended from time to time, or any other applicable federal, state or local laws, all such rights being hereby expressly reserved.

  • Exercise of Rights; Separation of Rights (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one one-hundredth of a share of Preferred Stock.

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