Examples of Preferred Share Purchase Rights in a sentence
If the Preferred Share Purchase Rights of Fortune (or any rights issued by Fortune in substitution or replacement thereof) held in the Fortune Stock Fund ("rights") become separately transferable or exercisable, the Trustee shall dispose of the rights by selling the rights to Fortune at a price recommended by an independent financial advisor retained by the Trustee at Fortune's expense.
Based on the foregoing, we are of the opinion that the shares to be sold by the Selling Shareholders, and the related Preferred Share Purchase Rights, have been duly authorized and are legally and validly issued, fully paid and nonassessable shares, and that all legal and corporate proceedings necessary for the authorization, issuance and delivery of the shares of Common Stock have been duly taken.
New York Stock Exchange Preferred Share Purchase Rights.............................
A Performance Share is a right to receive one share of Toro Common Stock, par value $1.00 per share, and Preferred Share Purchase Rights attached thereto, (the “Common Stock”), contingent on the achievement of Performance Goals.
Prior to the completion of the Distribution, Parent and Spinco shall take all action necessary so that (i) the Amended and Restated Certificate of Incorporation and the Amended and Restated By-laws, each as previously finalized as set forth on Exhibits C and D, respectively, shall remain in full force and effect on the Distribution Date, and (ii) the Preferred Share Purchase Rights Agreement of Spinco, in substantially the form of Exhibit E hereto, shall become effective upon the Distribution.
Technologies Rights Plan: the Preferred Share Purchase Rights Agreement of Technologies, substantially in the form of Exhibit F hereto, with --------- such changes as are acceptable to Parent and Technologies.
If any Preferred Share Purchase Rights of Fortune (or any rights issued by Fortune in substitution or replacement therefor) held in the Fortune Stock Fund ("rights") become transferable separately from the shares of Fortune Common Stock held in the Fortune Stock Fund as provided in the Plan or Trust Agreement, Fortune agrees to purchase the rights from the Trustee as soon as practicable.
If requested by Queens, but not otherwise, Haven will redeem all outstanding Haven Preferred Share Purchase Rights at a redemption price of not more than $.01 per Haven Preferred Share Purchase Right effective immediately prior to the Effective Time.
In July 1997, the Board of Directors adopted a Preferred Share Purchase Rights Plan and correspondingly issued one Preferred Share Purchase Right ("a Right") for each share of common stock of the Company.
Address of principal executive offices) (Zip Code) (612) 623-6000 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common Stock, par value $1.00 per share Preferred Share Purchase Rights Shares registered on the New York Stock Exchange.