Common use of Closing of the Company Transfer Books Clause in Contracts

Closing of the Company Transfer Books. Upon the Effective Time, the stock transfer books of the Company shall be closed and no transfer of shares of Company Common Stock (other than shares into which the capital stock of Merger Sub is to be converted pursuant to the Merger) shall thereafter be made. After the Effective Time, any Certificates presented to the Exchange Agent or Parent for any reason shall be converted into the Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Exegenics Inc)

AutoNDA by SimpleDocs

Closing of the Company Transfer Books. Upon At the Effective Time, the stock transfer books of the Company shall be closed and there shall be no transfer further registration of shares transfers of Company Common Stock (other than shares into which the capital stock of Merger Sub is to be converted pursuant to the Merger) shall thereafter be madethereafter. After If, after the Effective Time, subject to the terms and conditions of this Agreement, certificates representing any Certificates such shares are presented to the Exchange Agent or Parent for any reason Surviving Corporation, they shall be converted into the Merger Considerationcanceled and exchanged for cash in accordance with Section 2.6.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dt Industries Inc)

Closing of the Company Transfer Books. Upon At the Effective Time, the stock transfer books of the Company shall be closed and no transfer of shares of Company Common Stock (other than shares into which the capital stock of Merger Sub is to be converted pursuant to the Merger) Equity Securities shall thereafter be made. After If, after the Effective Time, any Certificates certificates previously representing Equity Securities are presented to the Exchange Agent or Parent for any reason Surviving Corporation, they shall be converted into canceled and exchanged for the applicable amount of Per Share Cash Common Merger ConsiderationConsideration or Per Share Preferred Merger Consideration or the applicable number of Capital Stock Units (and cash in lieu of fractional shares of Capital Stock Units) as provided in Section 3.1.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aearo Corp)

AutoNDA by SimpleDocs

Closing of the Company Transfer Books. Upon the Effective Time, the stock transfer books of the Company shall be closed and no transfer of shares of Company Common Stock Shares (other than shares into which the capital stock of Merger Sub is to be converted pursuant to the Merger) shall thereafter be made. After the Effective Time, any Certificates presented to the Exchange Agent or Parent for any reason shall be converted into the Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Perfectdata Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!