Virginia 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 A Virginia Registration Rights Agreement is a legally binding document that outlines the rights of investors who purchase convertible subordinated debentures in Virginia and their ability to register the securities with the U.S. Securities and Exchange Commission (SEC). It grants certain privileges and protections to these investors to ensure transparency and liquidity in the market. Keyword: Virginia Registration Rights Agreement, convertible subordinated debentures, purchase, securities, U.S. Securities and Exchange Commission, investors, transparency, liquidity. There are two main types of Virginia Registration Rights Agreement regarding the purchase of convertible subordinated debentures: 1. Demand Registration Rights: This type of agreement grants the investors the right to request the company issuing the debentures to register their securities with the SEC. The investors can initiate the demand for registration at any time after a specified waiting period, which is usually a lock-up period defined in the agreement. The company is obliged to file the necessary registration statement and handle the associated expenses. Keywords: Demand Registration Rights, rights of investors, company issuing debentures, SEC registration, lock-up period, registration statement, associated expenses. 2. Piggyback Registration Rights: Piggyback registration rights come into play when the company issuing the convertible subordinated debentures decides to register any of its securities for public offering. In such cases, the existing investors who hold these convertible debentures have the right to request inclusion of their securities in the registration statement filed by the company. This allows them the opportunity to sell their securities alongside the company's offering, enhancing their liquidity. Keywords: Piggyback Registration Rights, existing investors, convertible debentures, registration statement, public offering, inclusion, liquidity. Both types of Virginia Registration Rights Agreements serve to protect investors' interests by providing them with the ability to register their convertible subordinated debentures with the SEC. This registration process enables investors to freely sell or transfer their securities and facilitates a more efficient and liquid market for these financial instruments. In summary, a Virginia Registration Rights Agreement is a vital legal document for investors in convertible subordinated debentures. It grants them the right to demand registration from the company issuing the debentures or piggyback on the company's own registration efforts. This ensures transparency and facilitates liquidity in the market for these securities.

A Virginia Registration Rights Agreement is a legally binding document that outlines the rights of investors who purchase convertible subordinated debentures in Virginia and their ability to register the securities with the U.S. Securities and Exchange Commission (SEC). It grants certain privileges and protections to these investors to ensure transparency and liquidity in the market. Keyword: Virginia Registration Rights Agreement, convertible subordinated debentures, purchase, securities, U.S. Securities and Exchange Commission, investors, transparency, liquidity. There are two main types of Virginia Registration Rights Agreement regarding the purchase of convertible subordinated debentures: 1. Demand Registration Rights: This type of agreement grants the investors the right to request the company issuing the debentures to register their securities with the SEC. The investors can initiate the demand for registration at any time after a specified waiting period, which is usually a lock-up period defined in the agreement. The company is obliged to file the necessary registration statement and handle the associated expenses. Keywords: Demand Registration Rights, rights of investors, company issuing debentures, SEC registration, lock-up period, registration statement, associated expenses. 2. Piggyback Registration Rights: Piggyback registration rights come into play when the company issuing the convertible subordinated debentures decides to register any of its securities for public offering. In such cases, the existing investors who hold these convertible debentures have the right to request inclusion of their securities in the registration statement filed by the company. This allows them the opportunity to sell their securities alongside the company's offering, enhancing their liquidity. Keywords: Piggyback Registration Rights, existing investors, convertible debentures, registration statement, public offering, inclusion, liquidity. Both types of Virginia Registration Rights Agreements serve to protect investors' interests by providing them with the ability to register their convertible subordinated debentures with the SEC. This registration process enables investors to freely sell or transfer their securities and facilitates a more efficient and liquid market for these financial instruments. In summary, a Virginia Registration Rights Agreement is a vital legal document for investors in convertible subordinated debentures. It grants them the right to demand registration from the company issuing the debentures or piggyback on the company's own registration efforts. This ensures transparency and facilitates liquidity in the market for these securities.