Examples of Share Purchase Rights in a sentence
The Preferred Share Purchase Rights Plan as adopted on July 18, 1989 is incorporated by reference to Registrant's Registration Statement on Form 8-A dated August 1, 1989 (No. 00017904) and, as amended, by reference to Registrant's Registration Statement on Form 8 dated October 3, 1989 (No. 00106686).
The value attributable to the Common Share Purchase Rights is reflected in the market price of the Common Stock to which the Rights are attached.
In the event that condition (2) applies, the Reorganized Debtors shall use reasonable efforts to file a Registration Statement with the Securities and Exchange Commission as soon as practicable following the Effective Date covering the offering and sale of the shares of the Eligible Offeree Rights Offering Common Stock in connection with the Eligible Offeree Share Purchase Rights and to take all reasonable actions to have such Registration Statement declared effective as soon as possible.
The Share Purchase Rights will be exercisable for a purchase price of $1.10 per share of the New Common Stock.
All distributions of the Share Purchase Rights and the Rights Offering Common Stock under the Plan, as well as the Backstop Fee to the Backstop Parties, shall be made by the Disbursing Agent on behalf of the Reorganized Debtors.
We have reserved 400,000 shares of preferred stock for potential issuance under the Preferred Share Purchase Rights Plan.
Securities registered pursuant to Section 12(g) of the Act: Class A Common Stock, $.01 par Value Class B Common Stock, $.01 par Value Preferred Share Purchase Rights (Title of Class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Until the Rights Distribution Date (or earlier redemption or expiration of the Rights), any certificate evidencing shares of Common Stock issued upon transfer or new issuance of Common Stock will contain a notation incorporating the Share Purchase Rights Agreement by reference.
The Share Purchase Rights Agreement provides that, until the Rights Distribution Date, the Rights may be transferred with and only with the Common Stock.
For the terms of a standard poison pill, see Wachtell Lipton Rosen &Katz, The Share Purchase Rights Plan, reprinted in Gilson & Black, supra note 11, at 4-12.