Oakland Michigan Registration Rights Agreement regarding the purchase of convertible subordinated debentures

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Oakland
• 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 Oakland Michigan Registration Rights Agreement is a legal document that outlines the rights and obligations of the parties involved in the purchase of convertible subordinated debentures. This agreement ensures that the holder of these debentures has the opportunity to register and sell the securities in compliance with applicable securities laws. The Oakland Michigan Registration Rights Agreement grants the debenture holder certain rights, primarily related to the registration of the securities. The agreement typically includes provisions such as: 1. Demand Registration Rights: This grants the holder the ability to request the issuer to register the securities with the Securities and Exchange Commission (SEC) for sale to the public. The holder can exercise this right by providing a notice to the issuer, specifying the number of securities they wish to register. 2. Piggyback Registration Rights: With these rights, the holder may include their securities in a registration statement filed by the issuer for the sale of securities to the public. This enables the debenture holder to take advantage of the issuer's registration efforts, avoiding the need to incur additional costs for a separate registration. 3. Shelf Registration Rights: This provision allows the holder to request the registration of the securities for a delayed offering, commonly known as a "shelf registration." It provides flexibility in timing the sale of the securities in the public market, allowing the holder to sell the debentures on short notice. 4. Form S-3 Eligibility: The agreement may also specify the conditions for the debentures to be eligible for registration using Form S-3, a simplified registration statement for certain issuers with an established public market. This eligibility expedited the registration process. It is important to note that the specific terms and conditions of the Oakland Michigan Registration Rights Agreement may vary depending on the issuer and the preferences negotiated between the parties. The agreement aims to provide the debenture holder with liquidity options and greater access to the public market while ensuring compliance with applicable securities regulations. While there may not be different types of Oakland Michigan Registration Rights Agreements, variations in the terms and scope of the rights granted can be negotiated between the parties involved. These negotiations may include factors such as the number of securities eligible for registration, the timing and frequency of registration requests, and potential limitations on the exercise of registration rights.

Oakland Michigan Registration Rights Agreement is a legal document that outlines the rights and obligations of the parties involved in the purchase of convertible subordinated debentures. This agreement ensures that the holder of these debentures has the opportunity to register and sell the securities in compliance with applicable securities laws. The Oakland Michigan Registration Rights Agreement grants the debenture holder certain rights, primarily related to the registration of the securities. The agreement typically includes provisions such as: 1. Demand Registration Rights: This grants the holder the ability to request the issuer to register the securities with the Securities and Exchange Commission (SEC) for sale to the public. The holder can exercise this right by providing a notice to the issuer, specifying the number of securities they wish to register. 2. Piggyback Registration Rights: With these rights, the holder may include their securities in a registration statement filed by the issuer for the sale of securities to the public. This enables the debenture holder to take advantage of the issuer's registration efforts, avoiding the need to incur additional costs for a separate registration. 3. Shelf Registration Rights: This provision allows the holder to request the registration of the securities for a delayed offering, commonly known as a "shelf registration." It provides flexibility in timing the sale of the securities in the public market, allowing the holder to sell the debentures on short notice. 4. Form S-3 Eligibility: The agreement may also specify the conditions for the debentures to be eligible for registration using Form S-3, a simplified registration statement for certain issuers with an established public market. This eligibility expedited the registration process. It is important to note that the specific terms and conditions of the Oakland Michigan Registration Rights Agreement may vary depending on the issuer and the preferences negotiated between the parties. The agreement aims to provide the debenture holder with liquidity options and greater access to the public market while ensuring compliance with applicable securities regulations. While there may not be different types of Oakland Michigan Registration Rights Agreements, variations in the terms and scope of the rights granted can be negotiated between the parties involved. These negotiations may include factors such as the number of securities eligible for registration, the timing and frequency of registration requests, and potential limitations on the exercise of registration rights.