These Rights definition

These Rights have the meaning ascribed to it under Section 8.5.
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These Rights contain provisions to protect all shareholders of the Company in the event of an unsolicited attempt to acquire the Company, including a gradual accumulation of shares in the open market, a partial or two-tier tender offer that does not treat all shareholders equally, a squeeze-out merger and other abusive takeover tactics which are prevalent these days and which the Board believes are not in the best interests of shareholders. These tactics unfairly pressure shareholders, squeeze them out of their investment without giving them any real choice and deprive them of the full value of their shares. Over 600 other companies, including 27% of the companies in the Business Week 1000, 38% of the companies in the Fortune 500 and 46% of the companies in the Fortune 200, have issued Rights to protect their shareholders against these tactics. We consider the Rights to be the best available means of protecting both your right to retain your equity investment in the Company and the full value of that investment, while not foreclosing a fair acquisition bid for the Company.
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Examples of These Rights in a sentence

  • Each Party Shall Have These Rights: To call and examine witnesses; to introduce exhibits; to cross-examine opposing witnesses on any matter relevant to the issues even though that matter was not covered in the direct examination; to impeach any witness; and to rebut evidence.

  • Single or partial exercise of These Rights by any Party shall not prevent its exercise of These Rights by any other means or its exercise of any These Rights.

  • These Rights are protected by customary anti-dilution provisions.

  • These Rights apply to all residential and small commercial customers served by NEC Co-op Energy as a Competitive Retail Electric Provider (CR) in Texas.

  • These Rights will expire on February 22, 1999 unless redeemed earlier and are not exercisable or transferable separately from the shares of SouthTrust Common Stock until the occurrence of certain events associated with an acquisition of a substantial amount of SouthTrust Common Stock.

  • These Rights are not now exercisable and cannot be transferred separately.

  • Exhibitor shall obtain all necessary licenses, rights, consents, permissions and/or permits to display, sell, and/or distribute copyrighted or trademarked material.

  • These Rights become available to you two years from the date of grant, provided you remain with the Company at that time.

  • These Rights of Access are granted subject to clause 1.4 (Grant of Rights) and clause 7.1 (Non-intereference).

  • These Rights, which are governed by a Rights Agreement dated October 11, 2005 between the Company and American Stock Transfer & Trust Company, as Rights Agent, protect shareholders from coercive or otherwise unfair takeover tactics.

Related to These Rights

  • Use Rights means the license terms and terms of service for each Product published on the Licensing Site and updated from time to time. The Use Rights supersede the terms of any end user license agreement that accompanies a Product. License terms for all Products are published in the Product Terms. Terms of service for Online Services are published in the Online Services Terms.

  • Rights means, with respect to any Person, warrants, options, rights, convertible securities and other arrangements or commitments which obligate the Person to issue or dispose of any of its capital stock or other ownership interests.

  • Surface Rights means all rights to use the surface of land in connection with the Properties including, without limitation, all rights to enter upon and occupy the surface of land on which the Tangibles and ▇▇▇▇▇ are located and rights to cross or otherwise use the surface of land for access to the Properties;

  • Exchange Rights means any rights granted to limited partners of Simon Property Group, L.P., a Delaware limited partnership (including pursuant to an Exchange Rights Agreement) to exchange (subject to the Ownership Limit) limited partnership interests in such Partnership for shares of Capital Stock or cash at the option of the Corporation.

  • Granted To grant, bargain, sell, convey, assign, transfer, mortgage, pledge, create and grant a security interest in and right of setoff against, deposit, set over and confirm. A Grant of the Assets, or of any other instrument, shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including, the immediate continuing right to claim for, collect, receive and receipt for principal and interest payments in respect of the Assets, and all other Monies payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive anything that the granting party is or may be entitled to do or receive thereunder or with respect thereto.