Kansas Registration Rights Agreement regarding the purchase of convertible subordinated debentures

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9287
• Format: Word; Rich Text

Description

Resale Registration Rights Agreement between Inhale Therapeutic Systems, Inc., Lehman Brothers, Inc., Deutsche Bank Securities, Inc. and U.S. Bankcorp Piper Jeffay, Inc. regarding the purchase of 6 3/4% convertible subordinated debentures dated October The Kansas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations of parties involved in the purchase of convertible subordinated debentures in the state of Kansas. This agreement governs the registration of these securities with the Securities and Exchange Commission (SEC) and ensures compliance with applicable state and federal laws. In essence, this agreement grants certain rights to the debenture holders, allowing them to request the registration of their securities in order to facilitate their future sale on the public market. By registering the securities, the debenture holders can ensure liquidity and maximize their investment potential. The Kansas Registration Rights Agreement typically covers various aspects related to the registration process. Key provisions may include: 1. Demand Registration Rights: This provision grants the debenture holders the right to request the issuer to register their securities for sale to the public. The issuer is then obligated to file the necessary registration statement with the SEC within a specified timeframe. 2. Piggyback Registration Rights: In the event the issuer decides to register any of its securities for public sale, the debenture holders have the right to include their own registered securities in the offering. This enables them to take advantage of the issuer's registration process. 3. Form S-3 Eligibility: The agreement may specify eligibility criteria for using Form S-3, a simplified registration statement form, for registering the debentures. This allows for a more efficient registration process if the issuer and debenture holders meet certain eligibility requirements outlined by the SEC. 4. Exchange Listing: If the debentures are listed on a stock exchange, the agreement may include provisions that require the issuer to maintain the listing throughout the registration process. This ensures that the debenture holders can sell their securities in a liquid market. 5. Expenses and Indemnification: The agreement typically addresses the allocation of registration expenses between the issuer and the debenture holders. It may also include provisions to indemnify the debenture holders against any losses or liabilities arising from the registration process. It is important to note that while the Kansas Registration Rights Agreement generally follows a standardized structure, there may be variations or additional provisions depending on the specific terms negotiated between the parties involved. Different types of Kansas Registration Rights Agreements regarding the purchase of convertible subordinated debentures may include variations in the rights granted, the registration processes, and the eligibility requirements for utilizing certain registration forms. As each agreement is tailored to the specific circumstances and preferences of the parties involved, the names of these agreements may differ depending on the parties' choice or the legal counsel advising them.

The Kansas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations of parties involved in the purchase of convertible subordinated debentures in the state of Kansas. This agreement governs the registration of these securities with the Securities and Exchange Commission (SEC) and ensures compliance with applicable state and federal laws. In essence, this agreement grants certain rights to the debenture holders, allowing them to request the registration of their securities in order to facilitate their future sale on the public market. By registering the securities, the debenture holders can ensure liquidity and maximize their investment potential. The Kansas Registration Rights Agreement typically covers various aspects related to the registration process. Key provisions may include: 1. Demand Registration Rights: This provision grants the debenture holders the right to request the issuer to register their securities for sale to the public. The issuer is then obligated to file the necessary registration statement with the SEC within a specified timeframe. 2. Piggyback Registration Rights: In the event the issuer decides to register any of its securities for public sale, the debenture holders have the right to include their own registered securities in the offering. This enables them to take advantage of the issuer's registration process. 3. Form S-3 Eligibility: The agreement may specify eligibility criteria for using Form S-3, a simplified registration statement form, for registering the debentures. This allows for a more efficient registration process if the issuer and debenture holders meet certain eligibility requirements outlined by the SEC. 4. Exchange Listing: If the debentures are listed on a stock exchange, the agreement may include provisions that require the issuer to maintain the listing throughout the registration process. This ensures that the debenture holders can sell their securities in a liquid market. 5. Expenses and Indemnification: The agreement typically addresses the allocation of registration expenses between the issuer and the debenture holders. It may also include provisions to indemnify the debenture holders against any losses or liabilities arising from the registration process. It is important to note that while the Kansas Registration Rights Agreement generally follows a standardized structure, there may be variations or additional provisions depending on the specific terms negotiated between the parties involved. Different types of Kansas Registration Rights Agreements regarding the purchase of convertible subordinated debentures may include variations in the rights granted, the registration processes, and the eligibility requirements for utilizing certain registration forms. As each agreement is tailored to the specific circumstances and preferences of the parties involved, the names of these agreements may differ depending on the parties' choice or the legal counsel advising them.