Common use of per Right Clause in Contracts

per Right. Immediately upon the action of the Board of Directors ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.01 redemption price.

Appears in 4 contracts

Sources: Rights Agreement (Regeneron Pharmaceuticals Inc), Rights Agreement (Schulman a Inc), Rights Agreement (Schulman a Inc)

per Right. Immediately upon the action of the Board of Directors ordering redemption of the Rights, the Rights will terminate and the only right of the holders of Rights will be to receive the $0.01 0.0001 redemption price.

Appears in 1 contract

Sources: Preferred Stock Rights Agreement