Delivery to Distribution Agent Clause Samples
The 'Delivery to Distribution Agent' clause defines the process by which goods, securities, or other deliverables are transferred from the seller or issuer to a designated distribution agent. Typically, this clause outlines the timing, location, and conditions under which the delivery must occur, and may specify the responsibilities of the distribution agent in receiving and handling the items. Its core practical function is to ensure a clear and orderly transfer of possession, reducing the risk of disputes or delays in the distribution process.
Delivery to Distribution Agent. Subject to Section 5.1, on or prior to the Distribution Date, Newcastle will authorize the Distribution Agent, for the benefit of holders of record of Newcastle Common Stock at the close of business on the Record Date (the “Record Holders”), to effect the book-entry transfer of all outstanding shares of New Residential Common Stock and will instruct the Distribution Agent to effect the Distribution at the Effective Time in the manner set forth in Section 4.3.
Delivery to Distribution Agent. Subject to Section 4.3, on or prior to the Distribution Date MII will authorize Computershare Trust Company, N.A., as distribution agent (the “Distribution Agent”), for the benefit of holders of record of MII Common Stock at the close of business on the Record Date (the “Record Holders”) to effect the book-entry transfer of all outstanding shares of B&W Common Stock and will order the Distribution Agent to effect the Distribution at the Distribution Time in the manner set forth in Section 4.2.
Delivery to Distribution Agent. Subject to Section 4.3, on or prior to the Distribution Date RemainCo will authorize Computershare Trust Company, N.A., as distribution agent (the “Distribution Agent”), for the benefit of holders of record of RemainCo Common Stock at the close of business on the Record Date (the “Record Holders”) to effect the book-entry transfer of all outstanding shares of SpinCo Common Stock and will order the Distribution Agent to effect the Distribution at the Distribution Time in the manner set forth in Section 4.2.
Delivery to Distribution Agent. Subject to Section 4.3, on or prior to the Distribution Date CRG will deliver to American Stock Transfer & Trust Company, as distribution agent (the “Distribution Agent”), for the benefit of holders of record of CRG Common Stock at the close of business on the Record Date (the “Record Holders”) a stock certificate representing (or authorize the related book-entry transfer of) all outstanding shares of Fiesta Common Stock and will order the Distribution Agent to effect the Distribution at the Distribution Time in the manner set forth in Section 4.2.
Delivery to Distribution Agent. LGL will deliver to Computershare Trust Company, N.A., as distribution agent (the “Distribution Agent”), for the benefit of holders of record of LGL Common Stock at the close of business on the Record Date (the “Record Holders”) a stock certificate representing (or authorize the related book-entry transfer of) all outstanding shares of Mtron Common Stock and will order the Distribution Agent to effect the Distribution in the manner set forth in Section 3.2.
Delivery to Distribution Agent. Subject to Section 4.3, on or prior to the Distribution Date, Noble will deliver to Computershare Trust Company, N.A., as distribution agent (the “Distribution Agent”), for the benefit of holders of record of Noble Ordinary Shares at the close of business on the Record Date (the “Record Holders”) a stock certificate representing (or authorize the related book-entry transfer of) all outstanding shares of Paragon Ordinary Shares and will order the Distribution Agent to effect the Distribution at the Distribution Time in the manner set forth in Section 4.2.
Delivery to Distribution Agent. Subject to Section 5.1, on or prior to the Distribution Date, STWD will authorize the Distribution Agent, for the benefit of holders of record of STWD Common Stock at the close of business on the Record Date (the “Record Holders”), to effect the book-entry transfer of all outstanding SWAY Common Shares and will instruct the Distribution Agent to effect the Distribution at the Effective Time in the manner set forth in Section 4.3.
Delivery to Distribution Agent. Sprint will deliver to UMB Bank, n.a., as distribution agent (the “Distribution Agent”), for the benefit of holders of record of Sprint Common Stock at the close of business on the Record Date (the “Record Holders”) a stock certificate representing (or authorize the related book-entry transfer of) all outstanding shares of Embarq Common Stock and will order the Distribution Agent to effect the Distribution in the manner set forth in Section 3.02.
Delivery to Distribution Agent. Subject to Section 5.1, on or prior to the Distribution Date, FTAI will authorize the Distribution Agent, for the benefit of holders of record of FTAI Common Shares at the close of business on the Record Date (the “Record Holders”), to effect the book-entry transfer of all outstanding shares of FTAI Infrastructure Common Stock and will instruct the Distribution Agent to effect the Distribution at the Effective Time in the manner set forth in Section 4.3.
Delivery to Distribution Agent. Subject to Section 5.1, on or prior to the Distribution Date, WPC will authorize the Distribution Agent, for the benefit of holders of record of WPC Common Stock at the close of business on the Record Date (the “Record Holders”), to effect the book-entry transfer of all outstanding NLOP Common Shares and will instruct the Distribution Agent to effect the Distribution at the Effective Time in the manner set forth in Section 4.3.