Common use of At the Effective Time Clause in Contracts

At the Effective Time. the stock transfer books of RMSI shall be closed, and there shall be no further registration of transfers of shares of RMSI Common Stock thereafter on the records of RMSI. If, after the Effective Time, Certificates are presented for transfer, they shall be canceled against delivery of the Merger Consideration as hereinabove provided and the holder of such Certificates shall also be entitled to receive any and all dividends and distributions (whether in the form of cash, stock or otherwise) payable in respect of the Merger Consideration with a record date after the Effective Time and prior to the cancellation of such Certificates. Certificates surrendered for exchange by any person constituting an

Appears in 3 contracts

Samples: Merger Agreement (Monroe James L), Merger Agreement (Butler Bruce A), Merger Agreement (Merkert American Corp)

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At the Effective Time. the stock transfer books of RMSI shall be closed, and there shall be no further registration of transfers of shares of RMSI Common Stock thereafter on the records of RMSI. If, after the Effective Time, Certificates are presented for transfer, they shall be canceled against delivery of the Merger Consideration as hereinabove provided and the holder of such Certificates shall also be entitled to receive any and all dividends and distributions (whether in the form of cash, stock or otherwise) payable in respect of the Merger Consideration with a record date after the Effective Time and prior to the cancellation of such Certificates. Certificates surrendered for exchange by any person constituting anan "affiliate" of RMSI for purposes of Rule 145, as such rule may be amended from time to time ("Rule

Appears in 1 contract

Samples: Merger Agreement (Ultimate Food Sales Inc)

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