Distribution of Exchange Consideration. Unless a Reorganization Event shall have occurred (in which event distribution of proceeds shall be governed by Section 8.3 below) or one or more Sellers elect the Cash Settlement Alternative under their respective Contracts (in which event the cash received in respect thereof shall be distributed pro rata to the Holders of Securities promptly after receipt thereof):
Appears in 1 contract
Samples: Trust Agreement (Estee Lauder Automatic Common Exchange Security Trust)
Distribution of Exchange Consideration. Unless a Reorganization Event shall have occurred (in which event distribution of proceeds shall be governed by Section 8.3 below) or one or more Sellers elect the Cash Settlement Alternative under their respective the Contracts (in which event the cash received in respect thereof shall be distributed pro rata to the Holders of Securities promptly after receipt thereof):
Appears in 1 contract
Samples: Trust Agreement (Fourth Automatic Common Exchange Security Trust)
Distribution of Exchange Consideration. Unless a Reorganization Event shall have occurred (in which event distribution of proceeds shall be governed by Section 8.3 below) or one or more Sellers elect the seller elects the Cash Settlement Alternative under their respective Contracts the Contract (in which event the cash received in respect thereof shall be distributed pro rata to the Holders of Securities promptly after receipt thereof):
Appears in 1 contract
Samples: Trust Agreement (CVS Automatic Common Exchange Security Trust)
Distribution of Exchange Consideration. Unless a Reorganization Event shall have occurred (in which event distribution of proceeds shall be governed by Section 8.3 below) or one or more Sellers elect the Cash Settlement Alternative under Trustees in their respective Contracts sole discretion accept a cash payment in lieu of delivery of shares pursuant to any Contract (in which event the cash received in respect thereof shall be distributed pro rata to the Holders of Securities promptly after receipt thereofSecurities):
Appears in 1 contract
Samples: Trust Agreement (Second Automatic Common Exchange Security Trust)
Distribution of Exchange Consideration. Unless a Reorganization Event shall have occurred (in which event distribution of proceeds shall be governed by Section 8.3 below) or one or more Sellers elect the Cash Settlement Alternative under their respective the Contracts (in which event the cash received in respect thereof shall be distributed pro rata to the Holders of Securities promptly after receipt thereofSecurities):
Appears in 1 contract
Samples: Trust Agreement (Automatic Common Exchange Security Trust Ii)
