Collin Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimeling

• Category: Corporations - Public - Registration
• State: Multi-State
• County: Collin
• Control #: US-EG-9169
• Format: Word; Rich Text

Description

Registration Rights Agreement between Chief Consolidated Mining Company and Dimeling, Schreiber and Park dated November 19, 1999. 20 pages Collin Texas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between Chief Consolidated Mining Company (referred to as Chief Consolidated) and Dimpling (referred to as Dimpling) regarding the registration of securities in Collin County, Texas. These agreements are crucial for companies looking to raise capital through the sale of securities and ensure compliance with relevant securities laws and regulations. The primary purpose of the Collin Texas Registration Rights Agreement is to establish the procedures and requirements for registering securities issued by Chief Consolidated with the appropriate regulatory authorities in Collin County, Texas. By doing so, the agreement grants Dimpling certain rights, such as the ability to request the registration of securities and participate in selling them to investors. The agreement typically outlines the following key provisions: 1. Demand Registration: This provision allows Dimpling to demand that Chief Consolidated register its securities with the regulatory authorities. This right is usually subject to certain conditions, such as a minimum number of shares to be registered or a waiting period. 2. Piggyback Registration: Under this provision, if Chief Consolidated decides to register any of its securities for public sale, Dimpling has the right (but not the obligation) to include its securities in the registration. This ensures that Dimpling can take advantage of the registration process initiated by Chief Consolidated. 3. Registration Expenses: The agreement also specifies which party will be responsible for paying the registration expenses, including legal fees, filing fees, and other costs associated with the registration process. Typically, Chief Consolidated covers these expenses, with certain exceptions agreed upon by both parties. 4. Indemnification: To protect both parties, the agreement includes provisions for indemnification. This means that Chief Consolidated agrees to compensate Dimpling for any losses, damages, or liabilities arising from any misstatements or omissions in the registration statement or prospectus. 5. Termination: The agreement may include provisions for termination, specifying the circumstances under which the agreement can be terminated and the consequences of termination for both parties. It's important to note that while this description provides a general overview of a Collin Texas Registration Rights Agreement, there may be different types or variations of these agreements based on the specific needs and negotiations between Chief Consolidated Mining Company and Dimpling. These variations could include additional provisions or modifications specific to their agreement. In conclusion, a Collin Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling serves as a critical legal document that ensures compliance with securities laws and regulations. It establishes the registration procedures, rights, and responsibilities of both parties, promoting transparency and investor confidence in the Collin County, Texas securities market.

Collin Texas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between Chief Consolidated Mining Company (referred to as Chief Consolidated) and Dimpling (referred to as Dimpling) regarding the registration of securities in Collin County, Texas. These agreements are crucial for companies looking to raise capital through the sale of securities and ensure compliance with relevant securities laws and regulations. The primary purpose of the Collin Texas Registration Rights Agreement is to establish the procedures and requirements for registering securities issued by Chief Consolidated with the appropriate regulatory authorities in Collin County, Texas. By doing so, the agreement grants Dimpling certain rights, such as the ability to request the registration of securities and participate in selling them to investors. The agreement typically outlines the following key provisions: 1. Demand Registration: This provision allows Dimpling to demand that Chief Consolidated register its securities with the regulatory authorities. This right is usually subject to certain conditions, such as a minimum number of shares to be registered or a waiting period. 2. Piggyback Registration: Under this provision, if Chief Consolidated decides to register any of its securities for public sale, Dimpling has the right (but not the obligation) to include its securities in the registration. This ensures that Dimpling can take advantage of the registration process initiated by Chief Consolidated. 3. Registration Expenses: The agreement also specifies which party will be responsible for paying the registration expenses, including legal fees, filing fees, and other costs associated with the registration process. Typically, Chief Consolidated covers these expenses, with certain exceptions agreed upon by both parties. 4. Indemnification: To protect both parties, the agreement includes provisions for indemnification. This means that Chief Consolidated agrees to compensate Dimpling for any losses, damages, or liabilities arising from any misstatements or omissions in the registration statement or prospectus. 5. Termination: The agreement may include provisions for termination, specifying the circumstances under which the agreement can be terminated and the consequences of termination for both parties. It's important to note that while this description provides a general overview of a Collin Texas Registration Rights Agreement, there may be different types or variations of these agreements based on the specific needs and negotiations between Chief Consolidated Mining Company and Dimpling. These variations could include additional provisions or modifications specific to their agreement. In conclusion, a Collin Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling serves as a critical legal document that ensures compliance with securities laws and regulations. It establishes the registration procedures, rights, and responsibilities of both parties, promoting transparency and investor confidence in the Collin County, Texas securities market.