Common use of Common Shares Record Date Clause in Contracts

Common Shares 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 Right Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares or other securities 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 Shares or other securities transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Certificate, as such, shall not be entitled to any rights of a holder of Common Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Moneygram Payment Systems Inc)

AutoNDA by SimpleDocs

Common Shares 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 Right Rights Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any applicable transfer taxes) was made; providedPROVIDED, howeverHOWEVER, that if the date of such surrender and payment is a date upon which the Common Shares or other securities 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 Shares or other securities transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Rights Certificate, as such, shall not be entitled to any rights of a holder of Common Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Adaptive Broadband Corp)

Common Shares Record Date. Each person Person in whose name any certificate for a number of Common Shares (or other securities securities, as the case may be) is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the such Common Shares (or other securities securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Rights Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any all applicable transfer taxestaxes or charges) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares or other securities applicable transfer books of the Company are closed, such person Person shall be deemed to have become the record holder of such shares (or other securities, as the case may be), fractional or otherwise, on, and such certificate shall be dated, the next succeeding Business Day on which the Common Shares or other securities applicable transfer books of the Company are open. Prior to Before the exercise of the Rights evidenced thereby, the holder of a Right Rights Certificate, as such, shall not be entitled to any rights of a holder shareholder of Common Shares the Company with respect to shares (or other securities, as the case may be) for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Daktronics Inc /Sd/)

Common Shares Record Date. Each person Person in whose name any certificate (or depositary receipt) for a number of one one-hundredths of a Common Shares or other securities Share is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the such Common Shares or other securities represented thereby onShares, and such certificate (or depositary receipt) shall be dated, the date upon which the Right Rights Certificate evidencing representing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any all applicable transfer taxestaxes and charges) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares or other securities transfer books of the Company for Common Shares are closed, such person Person shall be deemed to have become the record holder of such shares securities on, and such certificate (or depositary receipt) shall be dated, the next succeeding Business Day on which the Common Shares or other securities transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Certificate, as such, Rights Certificate shall not be entitled to any rights of a holder of any security of the Company with respect to Common Shares or other securities for which the Rights shall are or may be exercisable, including, without limitation, including the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Tax Benefits Preservation Plan (Energy Conversion Devices Inc)

Common Shares Record Date. Each person in whose name any ------------------------- certificate for Common Shares (or other securities 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 securities) represented thereby on, and such certificate shall be dated, the date upon which the Right Rights Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the ------- ------- date of such surrender presentation and payment is a date upon which the Common Shares (or other securities securities) transfer books of the Company Trust 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 Shares (or other securities securities) transfer books of the Company Trust are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Rights Certificate, as such, shall not be entitled to any rights of a holder shareholder of Common Shares the Trust with respect to shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the CompanyTrust, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Federal Realty Investment Trust)

AutoNDA by SimpleDocs

Common Shares Record Date. Each person Person in whose name any certificate for a number of Common Shares (or other securities securities, as the case may be) is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the such Common Shares (or other securities securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Rights Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any all applicable transfer taxestaxes or charges) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares or other securities applicable transfer books of the Company are closed, such person Person shall be deemed to have become the record holder of such shares (or other securities, as the case may be), fractional or otherwise, on, and such certificate shall be dated, the next succeeding Business Day on which the Common Shares or other securities applicable transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Rights Certificate, as such, shall not be entitled to any rights of a holder shareholder of Common Shares the Company with respect to shares (or other securities, as the case may be) for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Synovis Life Technologies Inc)

Common Shares 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 Right Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any applicable transfer taxes) was made; providedPROVIDED, howeverHOWEVER, that if the date of such surrender and payment is a date upon which the Common Shares or other securities 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 Shares or other securities transfer books of the Company are open. Prior to the such exercise of the Rights evidenced thereby, the holder of a Right Certificate, as such, shall not be entitled to any rights of a holder of Common Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Unb Corp/Oh)

Common Shares Record Date. Each person in whose name any certificate for a number of one one-thousandths of a Common Shares or other securities Share 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 securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Rights Certificate evidencing such Rights was duly surrendered with the forms of election and certification duly executed and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares (or other securities securities, as the case may be) transfer books of the Company are closed, such person shall be deemed to have become the record holder of such shares (fractional or otherwise) on, and such certificate shall be dated, the next succeeding Business Day on which the Common Shares (or other securities securities, as the case may be) transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Certificate, as such, Rights Certificate shall not be entitled to any rights of a holder shareholder of Common Shares the Company with respect to shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Rainbow Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.