Exchange of Share Certificates Sample Clauses

Exchange of Share Certificates. (1) Upon surrender to the Depositary for cancellation of a certificate which immediately prior to the Effective Time represented outstanding Common Shares, together with a duly completed and executed Letter of Transmittal and such additional documents and instruments as the Depositary and GWRI may reasonably require, the holder of Common Shares of such surrendered certificate shall be entitled to receive in exchange therefor from the Depositary, and the Depositary shall deliver to such holder of Common Shares, as soon as practicable after the Effective Time, a certificate representing such number of shares of common stock of GWRI that such holder of Common Shares is entitled to under the Arrangement in accordance with Section 2.2(6).
AutoNDA by SimpleDocs
Exchange of Share Certificates. Unit Certificates and Uncertificated Units; Paying Agent.
Exchange of Share Certificates. (a) As soon as practicable after the Effective Time and surrender to Ebiz of any certificate (a "Certificate") that immediately prior to the Effective Time represented any shares of LMI Common Stock or LMI Preferred Stock, Ebiz shall, subject to Section 1.5(c) and Article 10, if such Certificate represented shares of stock which were converted in the Merger into the right to receive the Merger Consideration, distribute to the person in whose name such Certificate shall have been issued, a certificate registered in the name of such person representing the Merger Consideration payable in respect of such shares. Each Certificate so surrendered shall forthwith be cancelled.
Exchange of Share Certificates. As soon as practicable following the later of the Effective Date and the surrender to the Depositary for cancellation of certificates that, immediately before the Effective Time, represented a holder’s ValGold Shares, together with a duly completed Letter of Transmittal and such other documents and instruments as would have been required to effect the transfer of the shares formerly represented by such certificates under the BCBCA and the Articles of ValGold and such additional documents and instruments as the Depositary may reasonably require, Metalla shall cause the Depositary to deliver to such holder a certificate representing that number of Metalla Shares which such holder has the right to receive (together with any dividends or distributions with respect thereto pursuant to Section 4.2) and the certificate so surrendered shall forthwith be cancelled. In the event of a transfer of ownership of ValGold Shares which is not registered in the transfer records of ValGold, certificates representing the proper number of Metalla Shares may be issued to the transferee if the certificate representing such ValGold Shares is presented to the Depositary, accompanied by all documents required to evidence and effect such transfer to the transferee. Until surrendered as contemplated by this Section 4.1, each certificate which immediately prior to the Effective Time represented one or more outstanding ValGold Shares shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender (i) the certificates representing Metalla Shares as contemplated by this Section 4.1, and (ii) any dividends or distributions with a record date after the Effective Time theretofore paid or payable with respect to Metalla Shares as contemplated by Section 4.2.
Exchange of Share Certificates. At or prior to the Effective Time, Xxxxxxx shall deposit with the Depository, for the benefit of the Bayswater Shareholders, sufficient certificates representing Xxxxxxx Shares to give effect to this Plan of Arrangement. A Bayswater Shareholder at the Effective Time shall be entitled to receive the certificates representing the Xxxxxxx Shares to which such holder is entitled pursuant to the provisions hereof as soon as practical after the Effective Date upon delivery to the Depository of a duly completed Transmittal Letter and surrender of the certificates formerly representing the Bayswater Shares, together with such other documents and instruments as would have been required to effect the transfer of the Bayswater Shares formerly represented by such certificates under the BCBCA and the articles of Bayswater and such additional documents and instruments as the Depository, Bayswater or Xxxxxxx may reasonably require. The Depository shall register and make available or send by regular mail (postage prepaid) certificates representing Xxxxxxx Shares as directed in each properly completed Transmittal Letter.
Exchange of Share Certificates. As soon as practicable following the later of the Effective Date and the surrender to the Depositary for cancellation of certificates that, immediately before the Effective Time, represented a holder’s Gold Canyon Common Shares, together with a duly completed Letter of Transmittal and such other documents and instruments as would have been required to effect the transfer of the shares formerly represented by such certificates under the Business Corporations Act and the Articles of Gold Canyon and such additional documents and instruments as the Depositary may reasonably require, (a) First Mining shall cause the Depositary to deliver to such holder a certificate representing that number of First Mining Shares which such holder has the right to receive and (b) SpinCo shall cause the Depositary to deliver to such holder a certificate representing that number of SpinCo Shares which such holder has the right to receive (together, in either case, with any dividends or distributions with respect thereto pursuant to Section 4.2) and the certificate so surrendered shall forthwith be cancelled. In the event of a transfer of ownership of Gold Canyon Common Shares which is not registered in the transfer records of Gold Canyon, certificates representing the proper number of First Mining Shares and SpinCo Shares may be issued to the transferee if the certificate representing such Gold Canyon Common Shares is presented to the Depositary, accompanied by all documents required to evidence and effect such transfer to the transferee. Until surrendered as contemplated by this Section 4.1, each certificate which immediately prior to the Effective Time represented one or more outstanding Gold Canyon Common Shares shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender (i) the certificates representing First Mining Shares and SpinCo Shares as contemplated by this Section 4.1, and (ii) any dividends or distributions with a record date after the Effective Time theretofore paid or payable with respect to First Mining Shares and SpinCo Shares as contemplated by Section 4.2.
Exchange of Share Certificates. (a) After the Effective Time, the holder of an outstanding certificate representing shares of Xxxxxx Xxxxxxx Common Stock may, at such stockholder's option, surrender the same for cancellation to the Surviving Corporation and such holder shall be entitled to receive in exchange therefor a certificate or certificates representing the number of shares of Surviving Corporation Common Stock into which the surrendered shares were converted as herein provided. Until so surrendered, each outstanding certificate theretofore representing shares of Xxxxxx Xxxxxxx Common Stock shall be deemed for all purposes to represent the number of shares of Surviving Corporation Common Stock into which such shares of Xxxxxx Xxxxxxx Common Stock were converted in the Merger.
AutoNDA by SimpleDocs
Exchange of Share Certificates. (a) As soon as practicable after the Effective Time, and in no event later than ten business days thereafter, ANTEC shall cause the Exchange Agent to mail to each holder of record of one or more Certificates a letter of transmittal (which shall specify that delivery shall be effected, and risk of loss and title to the Certificates shall pass, only upon delivery of the Certificates to the Exchange Agent) and instructions for use in effecting the surrender of the Certificates in exchange for certificates representing the shares of ANTEC Common Stock into which the shares of TSX Common Stock represented by such Certificate or Certificates shall have been converted pursuant to this Agreement. Upon proper surrender of a Certificate for exchange to the Exchange Agent, together with such properly completed letter of transmittal, duly executed, the holder of such Certificate shall be entitled to receive in exchange therefor a certificate representing that number of whole shares of ANTEC Common Stock to which such holder of TSX Common Stock shall have become entitled pursuant to the provisions of Article I and the Certificate so surrendered shall forthwith be canceled.
Exchange of Share Certificates. (a) As soon as practicable after the Effective Time, the Surviving Corporation shall deliver to Xxxxxx: (i) a certificate representing one hundred thousand (100,000) shares of Series 3 Non-Voting, Non-Cumulative Perpetual Preferred Stock of Surviving Corporation, and (ii) cash or immediately available funds in the amount of $55,613,000, against delivery of certificates representing 312 shares of Great Western Common Stock and 8,000 shares of Preferred Stock owned by Xxxxxx, being all shares of Great Western owned by him, duly executed for transfer in form satisfactory to the Surviving Corporation, and the Great Western certificates so surrendered shall forthwith be cancelled.
Exchange of Share Certificates. (a) As soon as practicable after the Effective Time, the Surviving Corporation shall deliver to each holder of record of a certificate or certificates which immediately prior to the Effective Time represented outstanding shares of Common Stock of Citizens (the "Citizens Certificates") against delivery of such Citizens Certificates, duly executed for transfer in form satisfactory to the Surviving Corporation, certificates representing that number of shares of Common Stock of Surviving Corporation into which the shares represented by the Citizens Certificates so surrendered shall have been converted pursuant to the provisions of this Article I, and the Citizens Certificates so surrendered shall forthwith be cancelled.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!