Common use of Distributions With Respect to Unexchanged Shares of Company Stock Clause in Contracts

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing shares of Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, theretofore payable with respect to such shares of Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aims Worldwide Inc)

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Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock Shares declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby Shares to be issued in exchange therefor until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable lawApplicable Law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing shares of Parent Common Stock Shares issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, theretofore payable with respect to such shares of Parent Common StockShares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mentor Graphics Corp)

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to the Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable lawLaw, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of the Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, Time theretofore payable with respect to such whole shares of the Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verticalnet Inc)

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to the Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of the Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, Time theretofore payable with respect to such whole shares of the Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verticalnet Inc)

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, theretofore payable with respect to such whole shares of Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hanover Compressor Coc)

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Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, Time theretofore payable (but for the provisions of this Section 2.6) with respect to such whole shares of Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sigma Designs Inc)

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing shares of the Parent Common Stock issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, theretofore payable with respect to such shares of Parent Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Essential Therapeutics Inc)

Distributions With Respect to Unexchanged Shares of Company Stock. No dividends or other distributions with respect to Parent Common Stock Buyer Ordinary Shares declared or made after the Effective Time and with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby Buyer Ordinary Shares to be issued in exchange therefor until the holder of record of such Certificate shall surrender such Certificate. Subject to applicable lawApplicable Law, promptly following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing shares of Parent Common Stock Buyer Ordinary Shares issued in exchange therefor, without interest, at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time, if any, theretofore payable with respect to such shares of Parent Common StockBuyer Ordinary Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Check Point Software Technologies LTD)

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