Company Dividends. From the date hereof until the Effective Time, the Company shall consult with Acquiror regarding the record dates and the payment dates relating to any dividends in respect of Company Common Stock, it being the intention of the Company and Acquiror that holders of Company Common Stock shall not receive two dividends (or fail to receive one dividend), for any single calendar quarter with respect to their shares of Company Common Stock and/or any Acquiror Common Stock that any such holder receives in exchange therefor pursuant to the Merger.
Appears in 2 contracts
Samples: Merger Agreement (People's United Financial, Inc.), Merger Agreement (Financial Federal Corp)
Company Dividends. From the date hereof and after January 1, 2008 and until the Effective Time, the Company shall consult with Acquiror Parent regarding the record dates and the payment dates relating to any dividends in respect of Company Common Stock, it being the intention of the Company and Acquiror Parent that holders of Company Common Stock shall not receive two dividends (or fail to receive one dividend), for any single calendar quarter with respect to their shares of Company Common Stock and/or any Acquiror Parent Common Stock Shares that any such holder receives in exchange therefor pursuant to the Merger.
Appears in 2 contracts
Samples: Merger Agreement (Commerce Bancorp Inc /Nj/), Merger Agreement (Toronto Dominion Bank)
