Montana 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 Montana Registration Rights Agreement is a legal document that outlines the rights and obligations of the parties involved in the purchase of convertible subordinated debentures in Montana. This agreement ensures that the purchasers have the right to register their securities with the relevant authorities, thereby protecting their investment. A Registration Rights Agreement becomes necessary when debentures are issued by a company and the purchasers want the ability to sell or transfer their securities in the future. The Agreement defines various key terms and conditions, including the requirements for registration, the parties involved, the timeline for registration, and the process for notifying the company about the intent to sell or transfer the securities. It also covers the obligations and responsibilities of both the purchasers and the issuing company. There may be different types of Montana Registration Rights Agreements regarding the purchase of convertible subordinated debentures. Some common types are: 1. Standard Montana Registration Rights Agreement: This type of agreement includes the basic provisions and terms for registering the convertible subordinated debentures. 2. Full Piggyback Rights Agreement: This agreement grants the purchasers the right to include their securities for registration in any public offering initiated by the company. This ensures that purchasers have the opportunity to sell their securities alongside the company's offering. 3. Demand Registration Rights Agreement: This agreement allows the purchasers to request the company to register their securities for sale at any time. The company is obligated to fulfill this request within a specified time frame. 4. Shelf Registration Rights Agreement: With this agreement, the purchasers can register their securities for sale on a shelf registration statement. This provides flexibility as the purchasers can sell their securities in smaller tranches over time. 5. Lock-Up Agreement: This agreement restricts the purchasers from selling their securities for a specified period after registration. It is often included to protect the company's interests and stabilize the market after an initial public offering. Overall, the Montana Registration Rights Agreement for the purchase of convertible subordinated debentures provides crucial protection and flexibility for the purchasers, ensuring their ability to sell or transfer their securities in compliance with applicable regulations.

Montana Registration Rights Agreement is a legal document that outlines the rights and obligations of the parties involved in the purchase of convertible subordinated debentures in Montana. This agreement ensures that the purchasers have the right to register their securities with the relevant authorities, thereby protecting their investment. A Registration Rights Agreement becomes necessary when debentures are issued by a company and the purchasers want the ability to sell or transfer their securities in the future. The Agreement defines various key terms and conditions, including the requirements for registration, the parties involved, the timeline for registration, and the process for notifying the company about the intent to sell or transfer the securities. It also covers the obligations and responsibilities of both the purchasers and the issuing company. There may be different types of Montana Registration Rights Agreements regarding the purchase of convertible subordinated debentures. Some common types are: 1. Standard Montana Registration Rights Agreement: This type of agreement includes the basic provisions and terms for registering the convertible subordinated debentures. 2. Full Piggyback Rights Agreement: This agreement grants the purchasers the right to include their securities for registration in any public offering initiated by the company. This ensures that purchasers have the opportunity to sell their securities alongside the company's offering. 3. Demand Registration Rights Agreement: This agreement allows the purchasers to request the company to register their securities for sale at any time. The company is obligated to fulfill this request within a specified time frame. 4. Shelf Registration Rights Agreement: With this agreement, the purchasers can register their securities for sale on a shelf registration statement. This provides flexibility as the purchasers can sell their securities in smaller tranches over time. 5. Lock-Up Agreement: This agreement restricts the purchasers from selling their securities for a specified period after registration. It is often included to protect the company's interests and stabilize the market after an initial public offering. Overall, the Montana Registration Rights Agreement for the purchase of convertible subordinated debentures provides crucial protection and flexibility for the purchasers, ensuring their ability to sell or transfer their securities in compliance with applicable regulations.