Stapled Securities Sample Clauses

The 'Stapled Securities' clause defines the arrangement where two or more different securities, such as shares and units in a trust, are contractually bound together so they can only be bought or sold as a single combined unit. In practice, this means that investors cannot transfer or deal with one security without simultaneously dealing with the other(s), and all rights and obligations attached to each security apply collectively. This clause ensures that the economic interests of the linked entities remain aligned and prevents the separation of assets or interests that are intended to function together, thereby maintaining the integrity of the investment structure.
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Stapled Securities. (a) Prior to a Separation Event (as hereinafter defined) with respect to any Stapled Securities, such Stapled Securities will be deemed, for purposes of the adjustments contemplated hereby, to comprise part of the shares of Common Stock to which such Stapled Securities appertain, and as a result, distributions in respect of such Stapled Securities will be deemed, for such purposes, to be distributions in respect of such shares. (b) If the Holder converts this Note (or any portion of the principal amount hereof) after a Separation Event with respect to any Stapled Securities, it shall be entitled to receive upon such conversion, in addition to the shares of Common Stock issuable upon such conversion, the same rights to which the Holder would have been entitled under the Stapled Securities that would have appertained to such shares of Common Stock if the Holder had effected such conversion before such Separation Event.
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Stapled Securities. Stapled Securities issued in global form will be substantially in the form of Exhibit F-1 hereto (including the Global Stapled Security Legend thereon and the schedules attached thereto). Stapled Securities to which Restricted Securities are attached shall be issued in certificated form and shall include the Restricted Security Legend (excluding the last paragraph thereof) thereon. Stapled Securities issued in certificated form will be substantially in the form of Exhibit F-2 hereto. Each Global Stapled Security will represent such of the outstanding Stapled Securities as will be specified therein and each shall provide that it represents the aggregate principal amount of outstanding Notes and Common Shares from time to time endorsed thereon or attached thereto and that the aggregate principal amount of outstanding Notes and Common Shares represented thereby may from time to time be reduced or increased, as appropriate, to reflect the payment of PIK Interest, exchanges and redemptions, repurchases of Notes, transfers of Notes and conversions, share splits, dividends and reclassifications and as otherwise provided therein. Any endorsement of a Global Stapled Security to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes or Common Shares represented thereby will be made by the Security Registrar or the Security Custodian, at the direction of the Company, with corresponding endorsements to be made in respect of the related Global Note and global Common Share certificate. Each Stapled Security issued in certificated form will represent such of the outstanding Stapled Securities as will be specified therein and each shall provide that it represents the aggregate principal amount of outstanding Notes and Common Shares from time to time endorsed thereon or attached thereto, and that the aggregate principal amount of outstanding Notes and Common Shares represented thereby may from time to time be reduced or increased, as appropriate, to reflect the payment of PIK Interest, exchanges and redemptions, repurchases of Notes, transfers of Notes and conversions, share splits, dividends and reclassifications and otherwise as provided therein. To reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes or Common Shares represented by a Stapled Security in certificated form, the Security Registrar or the Security Custodian, at the direction of the Company, shall reflect the amou...
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Stapled Securities. The term "
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Stapled Securities. (a) Simultaneously with any retraction at the option of a holder of RSC Class 1 Shares for shares of Common Stock, whether as contemplated by Section 1.3 or otherwise, the Company shall repurchase from the Trustee (as hereinafter defined), pursuant to the relevant Exchange and Trust Agreement, among the Company, RSC and The Montreal Trust Company, as trustee (the "Trustee"), an amount of shares of Class A Common Stock equal to the amount of RSC Class 1 Shares so retracted and at a repurchase price of Cdn. $0.00001 per share of Class A Common Stock. (b) Simultaneously with any conversion at the option of a holder of Class C Common Stock into Common Stock, whether as contemplated by Section 1.4 or otherwise, the Company shall cause AAUK to mandatorily redeem at par (2 ▇▇▇▇▇ per share) each Dividend Share associated with a share of Class C Common Stock so converted. (c) Immediately following the purchase of Shares pursuant to the Offer and in any event prior to the Effective Time, the Company shall (i) take such actions as Parent may reasonably request to cause all of the RSC Class 1 Shares then outstanding to be redeemed or retracted for shares of Common Stock (on a share-for-share basis), pursuant to Section 4 or 5 of the Restated Certificate of Incorporation of RSC (which shares of Common Stock the Company shall then issue) (ii) repurchase from the Trustee, pursuant to the Trust Agreement, an amount of shares of Class A Common Stock equal to the amount of RSC Class 1 Shares redeemed or retracted in accordance with the preceding clause (i) and at a repurchase price of Cdn. $0.00001 per share of Class A Common Stock, (iii) take such actions as Parent may reasonably request to cause all of the shares of Class C Common Stock then outstanding to be converted into an identical amount of shares of Common Stock, pursuant to subsection E, F or G of Article SIXTH of the Charter of the Company (which shares of Common Stock the Company shall then issue) and (iv) cause AAUK to mandatorily redeem at par (2 ▇▇▇▇▇ per share) each Dividend Share related to a share of Class C Common Stock so converted.
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Stapled Securities. Stapled Securities issued in global form will be substantially in the form of Exhibit F-1 hereto (including the Global Stapled Security Legend thereon and the schedules attached thereto). Stapled Securities to which Restricted Securities are attached shall be issued in certificated form and shall include the Restricted Security Legend (excluding the last paragraph thereof)
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Related to Stapled Securities

  • Issued Securities All of Your issued and outstanding shares of Common Stock, Warrant Stock or any other securities have been duly authorized and validly issued and are fully paid and nonassessable. All outstanding shares of Common Stock and Warrant Stock were issued in full compliance with all Federal and state securities laws. In addition as of the Effective Date: Your authorized capital consists of (i) 105,608,000 shares of Common Stock, of which 12,027,455 shares of Common Stock are issued and outstanding, (ii) 14,100,000 shares of Series A Preferred Stock, of which 13,650,000 shares are issued and outstanding, (iii) 12,150,000 shares of Series B Preferred Stock, of which 11,803,284 shares are issued and outstanding, (iv) 9,000,000 shares of Series C Preferred Stock, of which 8,968,604 shares are issued and outstanding, (v) 10,700,000 shares of Series D Preferred Stock, of which 9,481,998 shares are issued and outstanding, (vi) 16,500,000 shares of Series E Preferred Stock, of which 11,342,180 shares are issued and outstanding, and (vii) 19,908,000 shares of Series F Preferred Stock, of which 18,061,055 shares are issued and outstanding. You have reserved 14,493,334 shares of Common Stock for issuance under Your Stock Incentive Plan, under which 7,264,503 options have been granted and are currently outstanding. You have warrants outstanding to purchase up to 424,342 shares of Series A Preferred Stock, 183,748 shares of Series D Preferred Stock, 4,468,854 shares of Series E Preferred Stock and 263,261 shares of Series F Preferred Stock. Except as otherwise provided in this Warrant Agreement and as noted above, there are no other options, warrants, conversion privileges or other rights presently outstanding to purchase or otherwise acquire any authorized but unissued shares of Your capital stock or other of Your securities. Except as set forth in Your Eighth Amended and Restated Stockholders’ Rights Agreement dated as of October 29, 2010 (the “Stockholders’ Agreement”), a true, correct and complete copy of which has been delivered to Us prior to the issuance of this Warrant, Your stockholders do not have preemptive rights to purchase new issuances of Your capital stock.

  • Legended Securities Each certificate for a Note will bear the legend contained in “Notice to Investors” in the Preliminary Offering Memorandum for the time period and upon the other terms stated in the Preliminary Offering Memorandum.

  • Common Shares 4 Company...................................................................................... 4

  • Excluded Securities The rights of first offer established by this Section 3 shall have no application to any of the following Equity Securities: (i) up to 100,441,177 shares of Common Stock, and/or options, warrants or other Common Stock purchase rights and the Common Stock issued pursuant to such options, warrants or other rights (as adjusted for any stock dividends, combinations, splits, recapitalizations and the like), issued to employees, officers, directors or strategic partners of, or consultants, advisors, lenders, vendors or lessors to, the Company or any of its subsidiaries pursuant to the Company's stock incentive plans or pursuant to other similar arrangements that are approved by the Board of Directors (including the representatives of the Investors); (ii) [Intentionally Omitted]; (iii) any shares of Common Stock issued in connection with any stock split, stock dividend or recapitalization by the Company; (iv) any Equity Securities that are issued by the Company to the holders of the Company's Common Stock and warrants on a pro rata basis pursuant to a registration statement filed under the Securities Act; (v) any Equity Securities issued pursuant to any rights or agreements outstanding as of the date of this Agreement, or options or warrants outstanding as of the date of this Agreement as set forth in the Schedule of Exceptions to the Purchase Agreement (including Equity Securities issued by the Company pursuant to Nortel Note Exchange Agreement, SDS Note Exchange Agreement, the Series H Share Exchange Agreement, and the Series J Share Exchange Agreement); (vi) Common Stock and warrants (and Common Stock issuable upon exercise of such warrants) issued by the Company pursuant to the Common Stock Purchase Agreement dated as of October 30, 2002, by and between the Company and the entities listed on Exhibit A thereto; or (vii) any Equity Securities issued pursuant to the transactions described in Section 2.5.B(iii)(d) of the Credit Agreement if the proceeds from such issuance are used to prepay the Loans (as defined in the Credit Agreement) and permanently reduce the Commitments (as defined in the Credit Agreement) in accordance with Section 2.5.C. of the Credit Agreement.

  • Securities On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at the price set forth in Schedule B, the aggregate principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof.