Dividends or Other Distributions. No dividends or distributions declared or made after the Effective Date with respect to New Levon Shares with a record date after the Effective Date will be payable or paid to the holder of any unsurrendered certificate or certificates which, immediately prior to the Effective Date, represented outstanding Levon Shares unless and until the holder of such certificate shall have complied with the provisions of this Section 4. Subject to Applicable Law and to Section 4 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Levon Shares and the Spinco Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Levon Shares and Spinco Shares.
Appears in 2 contracts
Samples: Arrangement Agreement (Levon Resources Ltd.), Levon Resources
Dividends or Other Distributions. No dividends or distributions declared or made after the Effective Date with respect to New Levon Xxxxx Shares with a record date after the Effective Date will be payable or paid to the holder of any unsurrendered certificate or certificates which, immediately prior to the Effective Date, represented outstanding Levon VHV Shares unless and until the holder of such certificate shall have complied with the provisions of this Section 4. Subject to Applicable Law and to Section 4 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Levon Xxxxx Shares and the Spinco Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Levon Xxxxx Shares and Spinco Shares.
Appears in 2 contracts
Samples: Arrangement Agreement (Levon Resources Ltd.), Arrangement Agreement (Levon Resources Ltd.)