Chicago Illinois Registration Rights Agreement is a legal document that outlines the rights and obligations related to the registration of convertible subordinated debentures in the city of Chicago, Illinois. It governs the purchase and subsequent registration of these financial instruments, providing clarity and protection for both issuers and investors. The Registration Rights Agreement ensures that the issuer of the convertible subordinated debentures complies with all applicable securities laws and regulations in Chicago, Illinois, specifically related to the registration of the securities with the appropriate authorities. This agreement grants certain rights to investors, enabling them to have their debentures registered, and subsequently be freely tradable in the securities market. The agreement may include various types based on the specific terms and conditions established by the parties involved. Some key types of Chicago Illinois Registration Rights Agreement regarding the purchase of convertible subordinated debentures are: 1. Demand Registration: This type allows the investor to request the issuer to register their convertible subordinated debentures with the appropriate regulatory bodies. The agreement will specify the conditions under which the issuer must comply with this request, such as a minimum number of debentures to be registered or a specific timeframe for registration. 2. Piggyback Registration: In this type of agreement, the investor has the right to include their debentures in a registration statement filed by the issuer for other securities. This allows the investor to take advantage of the issuer's registration process and saves time and costs associated with separate registration. 3. Shelf Registration: This type grants the investor the right to have their debentures included in a registration statement filed by the issuer for future offerings. It enables the investor to have their debentures registered in advance, providing flexibility in timing the sale of the securities when market conditions are favorable. 4. Form S-3 Registration: This agreement may specify that the issuer will register the debentures using the Form S-3 registration statement, which is a simplified and expedited process available to certain issuers who meet specific eligibility criteria. This type enables a faster registration process for the debentures and may provide certain benefits to the investor. Overall, the Chicago Illinois Registration Rights Agreement is an essential legal document that ensures the protection of both issuers and investors in the purchase and registration process of convertible subordinated debentures in Chicago, Illinois. It establishes clear guidelines and obligations, allowing for a smooth and transparent registration process.