Delivery of Shares to the Agent. On or prior to the Spin-Off Date, Parent will authorize the book-entry transfer by Parent’s transfer agent, (the “Agent”) of all of the outstanding shares of Hxxxxxxx Beach Common Stock to be distributed in connection with the Spin-Off. After the Spin-Off Date, upon the request of the Agent, Hxxxxxxx Beach will provide all book-entry transfer authorizations that the Agent requires in order to effect the Spin-Off of the shares of Hxxxxxxx Beach Common Stock to Parent stockholders.
Appears in 2 contracts
Samples: Spin Off Agreement (Nacco Industries Inc), Spin Off Agreement (Hamilton Beach, Inc.)
Delivery of Shares to the Agent. On or prior to the Spin-Off Date, Parent will authorize the book-entry transfer by Parent’s transfer agent, (the “Agent”) of all of the outstanding shares of Hxxxxxxx Xxxxxxxx Beach Holding Common Stock to be distributed in connection with the Spin-Off. After the Spin-Off Date, upon the request of the Agent, Hxxxxxxx Xxxxxxxx Beach Holding will provide all book-entry transfer authorizations that the Agent requires in order to effect the Spin-Off of the shares of Hxxxxxxx Xxxxxxxx Beach Holding Common Stock to Parent stockholders.
Appears in 2 contracts
Samples: Separation Agreement, Separation Agreement (Hamilton Beach Brands Holding Co)
