Common use of Redemption Event Clause in Contracts

Redemption Event. Each Class B Share entitles its holder to have it redeemed as set forth in this section 4 if a tender offer for all or part of the shares in the Company is made and settled (in whole or in part) except if holders of Class B Shares have been entitled to participate in such offer and have their shares acquired in such offer equally and on the same terms as holders of Class A Shares (including, without limitation, for the same consideration) (each such a tender offer, a “Redemption Event”).

Appears in 3 contracts

Sources: Merger Agreement (Talecris Biotherapeutics Holdings Corp.), Voting Agreement, Voting Agreement (Talecris Biotherapeutics Holdings Corp.)