Common use of Unconditional Right of Holders to Purchase Common Stock Clause in Contracts

Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit shall have the right, which is absolute and unconditional, to purchase Common Stock pursuant to the Purchase Contract constituting a part of such Unit and to institute suit for the enforcement of any such right to purchase Common Stock, and such rights shall not be impaired without the consent of such Holder.

Appears in 6 contracts

Samples: Purchase Contract Agreement (Toys R Us Inc), Purchase Contract Agreement (Metlife Capital Trust I), Purchase Contract Agreement (Toys R Us Inc)

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Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit Normal Units or Stripped Units shall have the right, which is absolute and unconditional, to purchase Common Stock pursuant to the Purchase Contract constituting a part of such Unit Security and to institute suit for the enforcement of any such right to purchase Common Stock, Stock and payment and such rights shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Dte Energy Co), Purchase Contract Agreement (Dte Energy Co)

Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit shall have the right, which is absolute and unconditional, unconditional to purchase Common Stock pursuant to the Purchase Contract constituting a part of such Unit and to institute suit for the enforcement of any such right to purchase Common Stock, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Purchase Contract Agreement (Boise Cascade Corp)

Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit Corporate Units or Treasury Units shall have the right, which is absolute and unconditional, to purchase Common Stock pursuant to the such Purchase Contract constituting a part of such Unit and to institute suit for the enforcement of any such right to purchase Common Stock, and such rights right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Purchase Contract Agreement (NRG Energy Inc)

Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit shall have the right, which is absolute and unconditional, to purchase shares of Common Stock pursuant to the Purchase Contract constituting a part of such Unit and to institute suit for the enforcement of any such right to purchase shares of Common Stock, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Purchase Contract Agreement (Household International Inc)

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Unconditional Right of Holders to Purchase Common Stock. (a) The Holder of any Unit Equity Units or Stripped Units, as the case may be shall have the right, which is absolute and unconditional, subject to purchase Common Stock the right of the Company to defer payment thereof pursuant to the Purchase Contract constituting a part of such Unit Section 5.3, and to institute suit for the enforcement forfeiture of any such right to purchase Common Stock, and such rights shall not be impaired without the consent of such Holder.Deferred Contract

Appears in 1 contract

Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc)

Unconditional Right of Holders to Purchase Common Stock. The Holder of any Unit Income PRIDES or Growth PRIDES shall have the right, which is absolute and unconditional, to purchase Common Stock pursuant to the such Purchase Contract constituting a part of such Unit and to institute suit for the enforcement of any such right to purchase Common Stock, and such rights right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Purchase Contract Agreement (Electronic Data Systems Corp /De/)

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