Common use of Destroyed, Lost or Stolen Right Certificates Clause in Contracts

Destroyed, Lost or Stolen Right Certificates. Subject to the provisions of Sections 4(b), 7(e) and 14 hereof, at any time after the close of business on the Distribution Date, and at or prior to the Expiration Date, any Right Certificate or Right Certificates may be transferred, split up, combined or exchanged for another Right Certificate or Right Certificates entitling the registered holder to purchase a like number of one one-hundredths of a Preferred Share (or, following a Common Share Event, Common Shares and/or such other securities, cash or other property as shall be issuable in respect of the Rights in accordance with the terms of this Agreement (such other securities, cash or other property being referred to herein as "Other Consideration")), as the Right Certificate or Right Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer, split up, combine or exchange any Right Certificate shall make such request in writing delivered to the Rights Agent, and shall surrender the Right Certificate or Right Certificates to be transferred, split up, combined or exchanged with the form of assignment and certificate appropriately completed and executed, at the office of the Rights Agent designated for such purpose. Thereupon, subject to Sections 4(b) and 7(e) hereof, the Corporation shall execute and the Rights Agent countersign and deliver to the person entitled thereto a Right Certificate or Right Certificates, as the case may be, as so requested. The Corporation may require payment by the holders of Rights of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Right Certificates which the Corporation is not required to pay in accordance with Section 9(d) hereof.

Appears in 3 contracts

Samples: Rights Agreement (Urstadt Biddle Properties Inc), Rights Agreement (Urstadt Biddle Properties Inc), Rights Agreement (Urstadt Biddle Properties Inc)

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Destroyed, Lost or Stolen Right Certificates. Subject to the provisions of Sections 4(b), 7(e) and 14 hereof, at any time after the close of business on the Distribution Date, and at or prior to the Expiration Date, any Right Certificate or Right Certificates may be transferred, split up, combined or exchanged for another Right Certificate or Right Certificates entitling the registered holder to purchase a like number of one one-hundredths of a Preferred Share (or, following a Common Share Event, Common Shares and/or such other securities, cash or other property as shall be issuable in respect of the Rights in accordance with the terms of this Agreement (such other securities, cash or other property being referred to herein as "Other Consideration")), as the Right Certificate or Right Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer, split up, combine or exchange any Right Certificate shall make such request in writing delivered to the Rights Agent, and shall surrender the Right Certificate or Right Certificates to be transferred, split up, combined or exchanged with the form of assignment and certificate appropriately completed and executed, at the office of the Rights Agent designated for such purpose. Thereupon, subject to Sections 4(b) and 7(e) hereof, the Corporation shall execute and the Rights Agent countersign and deliver to the person entitled thereto a Right Certificate or Right Certificates, as the case may be, as so requested. The Corporation may require payment by the holders of Rights of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Right Certificates which the Corporation is not required to pay in accordance with Section 9(d) hereof.

Appears in 1 contract

Samples: Rights Agreement (Hre Properties Inc)

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Destroyed, Lost or Stolen Right Certificates. Subject to the provisions of Sections 4(b6(c), 7(e7(d) and 14 hereof, at any time after the close Close of business Business on the Distribution Date, and at or prior to so long as the Expiration DateRights represented thereby remain outstanding, any Right Certificate one or more Right Certificates may be transferred, split split-up, combined or exchanged for another Right Certificate one or more Right Certificates entitling representing the registered holder to purchase a like same aggregate number of one one-hundredths of a Preferred Share (or, following a Common Share Event, Common Shares and/or such other securities, cash or other property as shall be issuable in respect of the Rights in accordance with the terms of this Agreement (such other securities, cash or other property being referred to herein as "Other Consideration")), as the Right Certificate or Right Certificates surrendered then entitled such holder to purchasesurrendered. Any registered holder desiring to transfer, split up, combine or exchange any one or more Right Certificate Certificates shall make deliver such request in writing delivered to the Rights Agent, and shall surrender the Right Certificate or Right Certificates to be transferred, split up, combined or exchanged with the form of assignment and certificate appropriately completed and executed, at the office of the Rights Agent designated for such purposepurpose with the form of assignment, including certificate, on the reverse side thereof completed and duly executed, with signature guaranteed. Neither the Rights Agent nor the Company shall be obligated to take any action whatsoever with respect to the transfer of any such surrendered Right Certificate until the registered holder shall have properly completed and signed the certificate contained in the form of assignment on the reverse side of such Right Certificate. Thereupon, subject to Sections 4(b) and 7(e) hereof, the Corporation shall execute and the Rights Agent shall countersign and deliver to the person Person entitled thereto a Right Certificate one or more Right Certificates, as the case may be, as so requested. The Corporation Company may require payment by the holders of Rights of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Right Certificates which the Corporation Certificates. The Rights Agent shall have no duty or obligation under this Section 6 or any other similar provision of this Agreement unless and until it is not required to pay reasonably satisfied that all such taxes and/or governmental charges have been paid in accordance with Section 9(d) hereoffull.

Appears in 1 contract

Samples: Rights Agreement (Compex Technologies Inc)

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