Class A Right definition

Class A Right has the meaning set forth in the Recitals to this Agreement.

Class A Right shall have the meaning set forth in the Recitals hereto.

Class A Right shall have the meaning set forth in the recitals to this Rights Agreement.

Examples of Class A Right in a sentence

• This Class A Right Certificate shall not be valid or obligatory for any purpose until it shall have been countersigned by the Rights Agent.

• If this Class A Right Certificate shall be exercised in part, the holder shall be entitled to receive upon surrender hereof another Class A Right Certificate or Class A Right Certificates for the number of whole Class A Rights not exercised.

• The Company will mail to the holder of this Class A Right Certificate a copy of the Rights Agreement without charge after receipt of a written request therefor.

• In lieu of such fractional Rights, the Company shall pay to the registered holders of the Class A Rights Certificates or the Class B Rights Certificates, as the case may be, with regard to which such fractional Rights would otherwise be issuable, an amount in cash equal to the same fraction of the current market value of a whole Class A Right or Class B Right, as the case may be.

• As provided in the Rights Agreement, the Purchase Price, the number of one one-thousandths of a share of Series A Preferred Stock (or other securities or property) which may be purchased upon the exercise of the Class A Rights and the number of Class A Rights evidenced by this Class A Right Certificate are subject to modification and adjustment upon the happening of certain events.

More Definitions of Class A Right

Class A Right means the Right attached to each share of Class A Common Stock.

Class A Right shall represent the right to purchase one one-thousandth of a Preferred Share, upon the terms and subject to the conditions herein set forth.

Class A Right shall have the meaning set forth in the Preamble hereof.

Class A Right shall have the meaning set forth in the Recital at the beginning of the Agreement.

Class A Right means a right (other than a Class A Option) to acquire, either directly or beneficially, one or more shares of Class A Common Stock that is issued pursuant to an Iridium Benefit Plan.

Class A Right for each share of Class A common stock, par value $0.01 per share, of the Company (the “Class A Common Stock”) and one Class B Right (“Class B Right” and together with the Class A Rights, the “Rights”) for each share of Class B common stock, par value $0.01 per share, of the Company (the “Class B Common Stock” and together with the Class A Common Stock, the “Company Common Stock”) outstanding at the Close of Business on February 8, 2010 (the “Record Date”) and (ii) authorized the issuance of one Class A Right (as such number may hereinafter be adjusted pursuant hereto) for each share of Class A Common Stock issued between the Record Date and the earlier of the Distribution Date and the Expiration Date and, in certain circumstances, for each share of Class A Common Stock issued after the Distribution Date but before the Expiration Date and one Class B Right (as such number may hereinafter be adjusted pursuant hereto) for each share of Class B Common Stock issued between the Record Date and the earlier of the Distribution Date and the Expiration Date and, in certain circumstances, for each share of Class B Common Stock issued after the Distribution Date but before the Expiration Date; and

Class A Right shall have the meaning set forth in Section 3(a) hereof.