Certificates Not Surrendered Sample Clauses
Certificates Not Surrendered. Until properly surrendered (or until a Lost Certificate Affidavit is delivered therefor), each outstanding Unit certificate will be deemed from and after the Effective Time, for all corporate purposes, to evidence the right to receive the shares of Purchaser’s Stock to which the holder thereof is entitled pursuant to Section 2.2(c).
Certificates Not Surrendered. Until surrendered as contemplated ---------------------------- by Section 1.8(c) above, each Certificate shall be deemed at any time after the Effective Date to represent the right to receive on such surrender the number of shares of Primenet Stock to which the holder thereof is entitled pursuant to Section 1.6 hereof and the Merger Agreement.
Certificates Not Surrendered. If Certificates are not surrendered and exchanged for shares of common stock of the Surviving Corporation prior to one (1) year from the Effective Time, the number of shares of common stock of the Surviving Corporation into and for which such Certificates are exchangeable shall become the property of the Surviving Corporation (and, to the extent not in its possession shall be paid over to it), free and clear of all claims or interest of any other person previously entitled thereto and the holders of such Certificates shall cease to have any rights to receive shares of common stock of the Surviving Corporation or any other consideration in connection with the Merger.
Certificates Not Surrendered. (i) Until so surrendered, each Certificate outstanding after the Effective Time will be deemed for all corporate purposes to evidence only the right to receive the Common Cash Amount, Common Merger Shares and Earnout Shares, if any, pursuant to Section 2.6 hereof.
(ii) No dividends or other distributions declared or made after the Effective Time with respect to shares of Parent Common Stock with a record date after the Effective Time will be paid to the holder of any Certificate that has not been surrendered with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate in accordance with this Section 2.9. Subject to applicable law, following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time theretofore paid with respect to such whole shares of Parent Common Stock.