New York 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 New York Registration Rights Agreement is a legal document that governs the rights and obligations of parties involved in the purchase of convertible subordinated debentures within the state of New York. This agreement ensures that debenture holders have the opportunity to register their securities with relevant regulatory bodies, thereby allowing them to publicly sell or transfer their interests. The agreement outlines the terms and conditions under which the debenture issuer, typically a company, agrees to take certain actions to facilitate the registration process. These actions include preparing and filing necessary documents, making necessary disclosures, and cooperating with regulatory authorities. The issuer must also provide certain warranties and representations regarding the accuracy of the information provided. By signing the New York Registration Rights Agreement, the issuer acknowledges the importance of offering liquidity to debenture holders and agrees to bear the expenses associated with the registration process. It may also include provisions that protect the interests of debenture holders, such as restrictions on the ability of the issuer to issue additional securities with more favorable registration rights. It is important to note that there may be different types of New York Registration Rights Agreements regarding the purchase of convertible subordinated debentures, depending on the specific terms negotiated between the parties. These variations could include: 1. Full Piggyback Registration: This type of agreement allows debenture holders to "piggyback" on the issuer's registration statement, enabling them to include their securities in the offering. This can provide debenture holders with liquidity and the opportunity to sell their securities in the public market alongside the issuer. 2. Demand Registration: This agreement grants debenture holders the right to request the issuer to register their securities for public sale. The debenture holders may exercise this right at any time or within certain predetermined conditions, such as a minimum number of securities to be registered or a waiting period after the debentures were issued. 3. Shelf Registration: In this scenario, the issuer commits to filing a registration statement covering the debentures, thereby allowing debenture holders to sell their securities at any time within a predetermined shelf registration period, without the need for additional registrations. 4. Form S-3 Registration: This type of agreement pertains specifically to convertible subordinated debentures issued by eligible issuers. It enables issuers to use the short-form registration statement (Form S-3), streamlining the registration process for both the issuer and debenture holders. These variations can be tailored to meet the specific needs and objectives of the issuer and debenture holders involved in the purchase of convertible subordinated debentures. The New York Registration Rights Agreement serves as a binding legal document that ensures transparency, fairness, and adherence to regulatory requirements during the registration process.

New York Registration Rights Agreement is a legal document that governs the rights and obligations of parties involved in the purchase of convertible subordinated debentures within the state of New York. This agreement ensures that debenture holders have the opportunity to register their securities with relevant regulatory bodies, thereby allowing them to publicly sell or transfer their interests. The agreement outlines the terms and conditions under which the debenture issuer, typically a company, agrees to take certain actions to facilitate the registration process. These actions include preparing and filing necessary documents, making necessary disclosures, and cooperating with regulatory authorities. The issuer must also provide certain warranties and representations regarding the accuracy of the information provided. By signing the New York Registration Rights Agreement, the issuer acknowledges the importance of offering liquidity to debenture holders and agrees to bear the expenses associated with the registration process. It may also include provisions that protect the interests of debenture holders, such as restrictions on the ability of the issuer to issue additional securities with more favorable registration rights. It is important to note that there may be different types of New York Registration Rights Agreements regarding the purchase of convertible subordinated debentures, depending on the specific terms negotiated between the parties. These variations could include: 1. Full Piggyback Registration: This type of agreement allows debenture holders to "piggyback" on the issuer's registration statement, enabling them to include their securities in the offering. This can provide debenture holders with liquidity and the opportunity to sell their securities in the public market alongside the issuer. 2. Demand Registration: This agreement grants debenture holders the right to request the issuer to register their securities for public sale. The debenture holders may exercise this right at any time or within certain predetermined conditions, such as a minimum number of securities to be registered or a waiting period after the debentures were issued. 3. Shelf Registration: In this scenario, the issuer commits to filing a registration statement covering the debentures, thereby allowing debenture holders to sell their securities at any time within a predetermined shelf registration period, without the need for additional registrations. 4. Form S-3 Registration: This type of agreement pertains specifically to convertible subordinated debentures issued by eligible issuers. It enables issuers to use the short-form registration statement (Form S-3), streamlining the registration process for both the issuer and debenture holders. These variations can be tailored to meet the specific needs and objectives of the issuer and debenture holders involved in the purchase of convertible subordinated debentures. The New York Registration Rights Agreement serves as a binding legal document that ensures transparency, fairness, and adherence to regulatory requirements during the registration process.