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Kansas Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL

State:
Multi-State
Control #:
US-EG-9425
Format:
Word; 
Rich Text
Instant download

Description

Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages. The Kansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a legally binding contract that outlines the rights, responsibilities, and obligations of the security holders involved. This agreement is specific to the jurisdiction of Kansas and governs the relationship between the two companies. Key terms and concepts: 1. Security holders: Refers to individuals or entities that hold securities issued by GST Telecommunications, Inc. or Ocean Horizon, NRL. These securities can include stocks, bonds, or other financial instruments. 2. Agreement Scope: This document establishes the rights and obligations of security holders concerning the securities they hold, including voting rights, dividend distributions, and information access. 3. Constitutional Documents: The Kansas Security holders Agreement may refer to the initial constitutional documents of GST Telecommunications, Inc. and Ocean Horizon, NRL, such as the Articles of Incorporation or the Memorandum and Articles of Association. These documents provide important background information and provisions relevant to the agreement. 4. Voting Rights: The agreement will typically specify the voting rights of security holders, including matters that require their approval, the procedure for voting, and the number of votes required for particular decisions. 5. Dividend Distributions: This part of the agreement defines how and when dividends will be distributed to security holders, including dividend rates, payment dates, and any restrictions or conditions. 6. Transfer of Securities: The agreement may outline the procedures and restrictions related to the transfer of securities between security holders, including any prior consent requirements or limitations imposed. 7. Information Rights: The document may provide security holders with rights to access certain financial and operational information about GST Telecommunications, Inc. and Ocean Horizon, NRL. This ensures transparency and allows security holders to make informed decisions regarding their investment. Types of Kansas Security holders Agreements: It's important to note that while the core content of the agreement remains similar, there may be different types or variations depending on the specific circumstances, the nature of the securities, and the preferences of the parties involved. Some potential variations may include: 1. Preferred Stockholder Agreement: If one party holds preferred shares with specific rights and privileges, a separate agreement may be established to outline those additional provisions. 2. Convertible Securities Agreement: If the securities in question have the option to be converted into another form (e.g., common shares), an agreement may be created to address the terms and procedures for such conversions. 3. Restructuring Agreement: In cases where GST Telecommunications, Inc. or Ocean Horizon, NRL undergo significant restructuring, a separate agreement may be needed to address the impact on the security holders and any adjustments or provisions required. In conclusion, the Kansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a comprehensive contract that regulates the relationship between security holders and outlines their rights, obligations, and entitlements concerning the securities issued by the two companies. Different variations of the agreement may exist based on specific circumstances or types of securities involved.

The Kansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a legally binding contract that outlines the rights, responsibilities, and obligations of the security holders involved. This agreement is specific to the jurisdiction of Kansas and governs the relationship between the two companies. Key terms and concepts: 1. Security holders: Refers to individuals or entities that hold securities issued by GST Telecommunications, Inc. or Ocean Horizon, NRL. These securities can include stocks, bonds, or other financial instruments. 2. Agreement Scope: This document establishes the rights and obligations of security holders concerning the securities they hold, including voting rights, dividend distributions, and information access. 3. Constitutional Documents: The Kansas Security holders Agreement may refer to the initial constitutional documents of GST Telecommunications, Inc. and Ocean Horizon, NRL, such as the Articles of Incorporation or the Memorandum and Articles of Association. These documents provide important background information and provisions relevant to the agreement. 4. Voting Rights: The agreement will typically specify the voting rights of security holders, including matters that require their approval, the procedure for voting, and the number of votes required for particular decisions. 5. Dividend Distributions: This part of the agreement defines how and when dividends will be distributed to security holders, including dividend rates, payment dates, and any restrictions or conditions. 6. Transfer of Securities: The agreement may outline the procedures and restrictions related to the transfer of securities between security holders, including any prior consent requirements or limitations imposed. 7. Information Rights: The document may provide security holders with rights to access certain financial and operational information about GST Telecommunications, Inc. and Ocean Horizon, NRL. This ensures transparency and allows security holders to make informed decisions regarding their investment. Types of Kansas Security holders Agreements: It's important to note that while the core content of the agreement remains similar, there may be different types or variations depending on the specific circumstances, the nature of the securities, and the preferences of the parties involved. Some potential variations may include: 1. Preferred Stockholder Agreement: If one party holds preferred shares with specific rights and privileges, a separate agreement may be established to outline those additional provisions. 2. Convertible Securities Agreement: If the securities in question have the option to be converted into another form (e.g., common shares), an agreement may be created to address the terms and procedures for such conversions. 3. Restructuring Agreement: In cases where GST Telecommunications, Inc. or Ocean Horizon, NRL undergo significant restructuring, a separate agreement may be needed to address the impact on the security holders and any adjustments or provisions required. In conclusion, the Kansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a comprehensive contract that regulates the relationship between security holders and outlines their rights, obligations, and entitlements concerning the securities issued by the two companies. Different variations of the agreement may exist based on specific circumstances or types of securities involved.

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Kansas Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL