North Carolina 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 North Carolina Registration Rights Agreement is a legal document that governs the rights and obligations for buyers of convertible subordinated debentures in the state of North Carolina. This agreement is crucial in ensuring transparency, accountability, and protection for investors engaging in these financial transactions. The primary purpose of a North Carolina Registration Rights Agreement is to grant certain rights to the debenture holders, particularly in regard to the registration of their securities with the relevant regulatory authorities. It enables debenture holders to have their securities registered for public resale, providing them with liquidity options and facilitating the fair and efficient functioning of the financial markets. One essential aspect of this agreement is the granting of "demand registration rights." This provision allows debenture holders to request the issuer to register their securities with the Securities and Exchange Commission (SEC) or any other relevant regulatory body. By exercising these rights, the debenture holders can expand the pool of potential buyers and sell their securities more easily. Another crucial facet is "piggyback registration rights." Through this provision, debenture holders have the opportunity to include their securities in registration statements that the issuer might file in the future. This allows them to take advantage of the issuer's registration efforts and potentially sell their securities alongside the issuer's offering. Additionally, there may be "shelf registration rights" included in the North Carolina Registration Rights Agreement for convertible subordinated debentures. These rights allow debenture holders to register their securities based on a shelf registration statement, which provides flexibility for offering the securities at a later time, contingent upon market conditions. It is important to note that the specifics of a North Carolina Registration Rights Agreement can vary depending on the parties involved, the terms of the debentures, and the overall structure of the investment. Buyers and issuers can negotiate and customize the terms of the agreement to suit their specific needs and objectives, ensuring clarity and fairness for all parties involved. In conclusion, the North Carolina Registration Rights Agreement is a critical legal document that safeguards the rights of buyers of convertible subordinated debentures in North Carolina. It grants debenture holders various registration rights, including demand registration, piggyback registration, and potentially shelf registration rights. These rights aim to promote transparency, liquidity, and investor protection within the financial markets.

North Carolina Registration Rights Agreement is a legal document that governs the rights and obligations for buyers of convertible subordinated debentures in the state of North Carolina. This agreement is crucial in ensuring transparency, accountability, and protection for investors engaging in these financial transactions. The primary purpose of a North Carolina Registration Rights Agreement is to grant certain rights to the debenture holders, particularly in regard to the registration of their securities with the relevant regulatory authorities. It enables debenture holders to have their securities registered for public resale, providing them with liquidity options and facilitating the fair and efficient functioning of the financial markets. One essential aspect of this agreement is the granting of "demand registration rights." This provision allows debenture holders to request the issuer to register their securities with the Securities and Exchange Commission (SEC) or any other relevant regulatory body. By exercising these rights, the debenture holders can expand the pool of potential buyers and sell their securities more easily. Another crucial facet is "piggyback registration rights." Through this provision, debenture holders have the opportunity to include their securities in registration statements that the issuer might file in the future. This allows them to take advantage of the issuer's registration efforts and potentially sell their securities alongside the issuer's offering. Additionally, there may be "shelf registration rights" included in the North Carolina Registration Rights Agreement for convertible subordinated debentures. These rights allow debenture holders to register their securities based on a shelf registration statement, which provides flexibility for offering the securities at a later time, contingent upon market conditions. It is important to note that the specifics of a North Carolina Registration Rights Agreement can vary depending on the parties involved, the terms of the debentures, and the overall structure of the investment. Buyers and issuers can negotiate and customize the terms of the agreement to suit their specific needs and objectives, ensuring clarity and fairness for all parties involved. In conclusion, the North Carolina Registration Rights Agreement is a critical legal document that safeguards the rights of buyers of convertible subordinated debentures in North Carolina. It grants debenture holders various registration rights, including demand registration, piggyback registration, and potentially shelf registration rights. These rights aim to promote transparency, liquidity, and investor protection within the financial markets.