Common use of Exchange of Shares of Company Common Stock Clause in Contracts

Exchange of Shares of Company Common Stock. Each share of Company Common Stock (other than shares to be cancelled in accordance with Section 4.1(b) and any shares that are held by shareholders exercising appraisal rights pursuant to Section 3062 of the PRGCL ("DISSENTING SHAREHOLDERS")) issued and outstanding immediately prior to the Effective Time shall be converted into the right to receive the Offer Price in cash, payable to the holder thereof, without interest (the "MERGER CONSIDERATION"), upon surrender of the certificate formerly representing such share in the manner provided in Section 4.

Appears in 3 contracts

Samples: Merger Agreement (Cemex Sa De Cv), Merger Agreement (Puerto Rican Cement Co Inc), Merger Agreement (Cemex Sa De Cv)

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Exchange of Shares of Company Common Stock. Each At the Effective Time, each share of Company Common Stock (other than shares to be cancelled in accordance with Section 4.1(b2.6(b) and any shares that which are held by shareholders stockholders exercising appraisal rights pursuant to Section 3062 262 of the PRGCL DGCL ("DISSENTING SHAREHOLDERSDissenting Stockholders")) issued and outstanding immediately prior to the Effective Time shall be converted into the right to receive the Offer Price in cash, payable to the holder thereof, without interest (the "MERGER CONSIDERATIONMerger Consideration"), upon surrender of the certificate formerly representing such share in the manner provided in Section 42.

Appears in 3 contracts

Samples: Merger Agreement (Mentor Graphics Corp), Merger Agreement (Mentor Graphics Corp), Merger Agreement (Ikos Systems Inc)

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Exchange of Shares of Company Common Stock. Each share of Company Common Stock (other than shares to be cancelled in accordance with Section 4.1(b) and any shares that are held by shareholders exercising appraisal rights pursuant to Section 3062 262 of the PRGCL DGCL ("DISSENTING SHAREHOLDERS")) issued and outstanding immediately prior to the Effective Time shall be converted into the right to receive the Offer Price in cash, payable to the holder thereof, without interest (the "MERGER CONSIDERATION"), upon surrender of the certificate formerly representing such share in the manner provided in Section 4.

Appears in 1 contract

Samples: Merger Agreement (Penske Truck Leasing Co Lp)

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