Common use of Common Share Record Date Clause in Contracts

Common Share Record Date. Each person in whose name any certificate for Common Shares is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares represented thereby on, and such certificate shall be dated, the date upon which the Rights Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and all applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Share transfer books of the Company are closed, such person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Company are open.

Appears in 3 contracts

Samples: Rights Agreement (Coachmen Industries Inc), Rights Agreement (Coachmen Industries Inc), Rights Agreement (Coachmen Industries Inc)

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Common Share Record Date. Each person in whose name any ------------------------ certificate for Common Shares or other securities is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares or other securities represented thereby on, and such certificate shall be dated, the date upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and all applicable transfer taxes) was made; provided, however, that if the date of such -------- ------- surrender and payment is a date upon which the Common Share transfer books of the Company with respect to the Common Shares are closed, such person shall be deemed to have become the record holder of such shares Common Shares or other securities on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Company for the Common Shares are open.

Appears in 1 contract

Samples: Rights Agreement (Emons Transportation Group Inc)

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