Parent Right definition

Parent Right means each Parent Private Right and Parent Public Right.
Parent Right means each right issued as part of a Parent Unit.
Parent Right means a right entitling the holder thereof to receive one-tenth (1/10) of one share of Parent Class A common stock upon consummation of Parent’s initial business combination that was included in the Parent Units sold in the IPO.

Examples of Parent Right in a sentence

  • Each share of Domesticated Parent Common Stock, each Domesticated Parent Right and each Domesticated Parent Unit that is issued and outstanding immediately prior to and at the Effective Time shall remain outstanding immediately following the Effective Time, except to the extent as otherwise provided in the Parent Governing Documents or Rights Agreement (including in respect of automatic conversion of the Domesticated Parent Rights or redemption of the Domesticated Parent Common Stock).


More Definitions of Parent Right

Parent Right means a right to acquire 1/20th of a share of Parent Common Stock as set forth in the Amended and Restated Rights Agreement, dated January 26, 2022, between Parent and the Trustee.
Parent Right means the issued and outstanding rights of Parent, each such right convertible into one-tenth (1/10) of one Parent Ordinary Share at the closing of a business combination.
Parent Right means the issued and outstanding rights of Parent, each such right convertible into one-tenth (1/10) of one share of Parent Ordinary Share at the closing of a business combination.
Parent Right means the right to receive one-tenth (1/10) of a share of Parent Common Stock included as component of the Parent Units.
Parent Right means a non-transferable right to receive, as soon as practicable following the 180th day following the Closing Date, a number of additional shares of Parent Common Stock, if and only if the Purchase Price Contingency is satisfied.
Parent Right means one preferred stock purchase right issued to holders of Parent Common Stock pursuant to that certain Rights Agreement, dated as of August 3, 1993, by and between Parent and American Stock Transfer and Trust Company (the "Parent Rights Agreement").