Examples of Parent Stock Rights in a sentence
From October 1, 2002 to the date hereof, no shares of Parent Capital Stock have been issued or reserved for issuance, except for shares of Parent Common Stock issued in respect of the exercise, conversion or exchange of Parent Stock Rights or Parent DownREIT Units outstanding on September 30, 2002.
Except as set forth above, as of the date of this Agreement, there are no Parent Stock Rights.
At the Effective Time, the Parent Stock Rights shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.
Each of the Redomestication Surviving Corporation Stock Rights shall have, and be subject to, the same terms and conditions set forth in the applicable agreements governing the Parent Stock Rights that are outstanding immediately prior to the Redomestication Effective Time.
All shares of Holdings Stock issued upon the surrender of shares of Parent Stock in accordance with the terms hereof, and all Holdings Stock Rights issued upon surrender of Parent Stock Rights in accordance with the terms hereof, shall be deemed to have been issued in full satisfaction of all rights pertaining to such securities, provided that any restrictions on the sale and transfer of Parent Stock shall also apply to the Holdings Stock so issued in exchange.
At the Redomestication Effective Time, all Parent Stock Rights shall be converted into Redomestication Surviving Corporation Stock Rights.
All Surviving Corporation Shares issued upon the surrender of shares of Parent Common Stock in accordance with the terms hereof, and all Surviving Corporation Stock Rights issued upon surrender of Parent Stock Rights in accordance with the terms hereof, shall be deemed to have been issued in full satisfaction of all rights pertaining to such securities, provided that any restrictions on the sale and transfer of Parent Common Stock shall also apply to the Surviving Corporation Shares so issued in exchange.