Louisiana 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 Louisiana Registration Rights Agreement is a legal document that outlines the rights and obligations of parties involved in the purchase of convertible subordinated debentures in the state of Louisiana. This agreement ensures that the purchasers of these debentures have the opportunity to register their securities with the relevant state authorities, allowing them to freely trade or sell their investments. Under this agreement, the issuer of the debentures grants registration rights to the purchasers, which enables them to register their securities with the Louisiana Securities Commission or any other relevant regulatory body. This registration process includes the submission of necessary documentation, such as financial statements, prospectuses, and disclosure information. The main purpose of the Louisiana Registration Rights Agreement is to provide purchasers of convertible subordinated debentures with the ability to freely transfer their investments without any restrictions or limitations imposed by securities laws. By registering the securities, the purchasers can sell or transfer their debentures to other parties, thus enhancing liquidity and facilitating the efficient functioning of the secondary market. There may be different types of Louisiana Registration Rights Agreements pertaining to the purchase of convertible subordinated debentures, depending on the specific terms agreed upon by the parties involved. These various types may include: 1. Full registration rights agreement: This type of agreement grants purchasers the right to demand that the issuer register all or a specified portion of the convertible subordinated debentures with the relevant authorities. The issuer is required to prepare and file the necessary registration statements on behalf of the purchasers. 2. Piggyback registration rights agreement: In this scenario, the purchasers have the right to include their convertible subordinated debentures in any registration statement filed by the issuer for its own securities. This type of agreement provides the purchasers with the opportunity to "piggyback" on the issuer's registration process, allowing them to take advantage of the economies of scale and cost savings associated with a larger registration. 3. Short-form registration rights agreement: This type of agreement enables the holders of convertible subordinated debentures to take advantage of a streamlined registration process. It may allow the purchasers to register their securities through a shorter and less burdensome registration statement, eliminating the need for extensive disclosure or financial reporting. 4. Delayed registration rights agreement: This type of agreement grants the issuer the right to postpone the registration of the purchasers' convertible subordinated debentures for a specified period. This delay might be due to various reasons, such as adverse market conditions, strategic considerations, or legal requirements. Overall, the Louisiana Registration Rights Agreement provides purchasers of convertible subordinated debentures in Louisiana with the necessary legal framework to register their securities, ensuring liquidity and the ability to freely trade their investments in compliance with applicable securities laws.

The Louisiana Registration Rights Agreement is a legal document that outlines the rights and obligations of parties involved in the purchase of convertible subordinated debentures in the state of Louisiana. This agreement ensures that the purchasers of these debentures have the opportunity to register their securities with the relevant state authorities, allowing them to freely trade or sell their investments. Under this agreement, the issuer of the debentures grants registration rights to the purchasers, which enables them to register their securities with the Louisiana Securities Commission or any other relevant regulatory body. This registration process includes the submission of necessary documentation, such as financial statements, prospectuses, and disclosure information. The main purpose of the Louisiana Registration Rights Agreement is to provide purchasers of convertible subordinated debentures with the ability to freely transfer their investments without any restrictions or limitations imposed by securities laws. By registering the securities, the purchasers can sell or transfer their debentures to other parties, thus enhancing liquidity and facilitating the efficient functioning of the secondary market. There may be different types of Louisiana Registration Rights Agreements pertaining to the purchase of convertible subordinated debentures, depending on the specific terms agreed upon by the parties involved. These various types may include: 1. Full registration rights agreement: This type of agreement grants purchasers the right to demand that the issuer register all or a specified portion of the convertible subordinated debentures with the relevant authorities. The issuer is required to prepare and file the necessary registration statements on behalf of the purchasers. 2. Piggyback registration rights agreement: In this scenario, the purchasers have the right to include their convertible subordinated debentures in any registration statement filed by the issuer for its own securities. This type of agreement provides the purchasers with the opportunity to "piggyback" on the issuer's registration process, allowing them to take advantage of the economies of scale and cost savings associated with a larger registration. 3. Short-form registration rights agreement: This type of agreement enables the holders of convertible subordinated debentures to take advantage of a streamlined registration process. It may allow the purchasers to register their securities through a shorter and less burdensome registration statement, eliminating the need for extensive disclosure or financial reporting. 4. Delayed registration rights agreement: This type of agreement grants the issuer the right to postpone the registration of the purchasers' convertible subordinated debentures for a specified period. This delay might be due to various reasons, such as adverse market conditions, strategic considerations, or legal requirements. Overall, the Louisiana Registration Rights Agreement provides purchasers of convertible subordinated debentures in Louisiana with the necessary legal framework to register their securities, ensuring liquidity and the ability to freely trade their investments in compliance with applicable securities laws.