Texas 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 Texas Registration Rights Agreement is a legal document that outlines the rights and obligations of both the issuer of convertible subordinated debentures and the investor regarding the registration of the debentures with the Securities and Exchange Commission (SEC). This agreement ensures that the investor has the right to have their debentures registered and made publicly available, enabling them to freely sell or transfer their securities in the open market. The Texas Registration Rights Agreement regarding the purchase of convertible subordinated debentures governs the registration process, which is crucial for transparency and liquidity in the market. It provides the investor with the ability to request the issuer to register their debentures with the SEC, ensuring their right to sell the securities if desired. This agreement helps protect the investor's investment by offering them avenues to monetize their holdings and exit their position. There are different types of Texas Registration Rights Agreements that may be relevant to the purchase of convertible subordinated debentures. Some common variations include: 1. Demand Registration: This type of agreement allows the investor to request the issuer to register their debentures with the SEC. The investor has the right to demand registration within a specified time frame, and the issuer is obligated to fulfill this request. 2. Piggyback Registration: In this type of agreement, the investor has the right to include their debentures in any registration statement filed by the issuer with the SEC. This allows the investor to "piggyback" on the issuer's registration, enabling the investor's debentures to be registered alongside the issuer's securities. 3. Shelf Registration: This type of agreement enables the issuer to register a bulk amount of debentures in advance, with the intention of offering them for sale intermittently over a period of time. This provides flexibility to the investor, as they can sell their debentures at their discretion when market conditions are favorable. 4. Form S-3 Registration Rights: Certain issuers may have a registration statement on Form S-3 already on file with the SEC. This allows the investor to benefit from streamlined registration, as the issuer is already qualified to use Form S-3 for future offerings. In conclusion, the Texas Registration Rights Agreement pertaining to the purchase of convertible subordinated debentures is a crucial legal contract that ensures the investor's right to have their securities registered with the SEC. Different types of agreements, such as demand registration, piggyback registration, shelf registration, and Form S-3 registration rights, offer varying registration options to best suit the needs of the investor. These agreements form an essential framework for transparency, liquidity, and investor protection in the convertible subordinated debenture market in Texas.

Texas Registration Rights Agreement is a legal document that outlines the rights and obligations of both the issuer of convertible subordinated debentures and the investor regarding the registration of the debentures with the Securities and Exchange Commission (SEC). This agreement ensures that the investor has the right to have their debentures registered and made publicly available, enabling them to freely sell or transfer their securities in the open market. The Texas Registration Rights Agreement regarding the purchase of convertible subordinated debentures governs the registration process, which is crucial for transparency and liquidity in the market. It provides the investor with the ability to request the issuer to register their debentures with the SEC, ensuring their right to sell the securities if desired. This agreement helps protect the investor's investment by offering them avenues to monetize their holdings and exit their position. There are different types of Texas Registration Rights Agreements that may be relevant to the purchase of convertible subordinated debentures. Some common variations include: 1. Demand Registration: This type of agreement allows the investor to request the issuer to register their debentures with the SEC. The investor has the right to demand registration within a specified time frame, and the issuer is obligated to fulfill this request. 2. Piggyback Registration: In this type of agreement, the investor has the right to include their debentures in any registration statement filed by the issuer with the SEC. This allows the investor to "piggyback" on the issuer's registration, enabling the investor's debentures to be registered alongside the issuer's securities. 3. Shelf Registration: This type of agreement enables the issuer to register a bulk amount of debentures in advance, with the intention of offering them for sale intermittently over a period of time. This provides flexibility to the investor, as they can sell their debentures at their discretion when market conditions are favorable. 4. Form S-3 Registration Rights: Certain issuers may have a registration statement on Form S-3 already on file with the SEC. This allows the investor to benefit from streamlined registration, as the issuer is already qualified to use Form S-3 for future offerings. In conclusion, the Texas Registration Rights Agreement pertaining to the purchase of convertible subordinated debentures is a crucial legal contract that ensures the investor's right to have their securities registered with the SEC. Different types of agreements, such as demand registration, piggyback registration, shelf registration, and Form S-3 registration rights, offer varying registration options to best suit the needs of the investor. These agreements form an essential framework for transparency, liquidity, and investor protection in the convertible subordinated debenture market in Texas.