Common use of Fixing of Record Date for Holders of Receipts Clause in Contracts

Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or any distribution of property (including securities) other than cash shall be made, (ii) if rights, preferences or privileges shall at any time be offered with respect to Stock, (iii) whenever the Depositary shall receive notice of (a) any meeting at which holders of Stock are entitled to vote or of which holders of Stock are entitled to notice, or (b) any election on the part of the Company to redeem any shares of Stock, or (iv) whenever the Depositary and the Company shall decide it is appropriate, the Depositary shall, in each such instance, fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts who shall be entitled hereunder to receive a distribution in respect of such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who should be entitled to receive notice of such meeting or for any other appropriate reasons.

Appears in 4 contracts

Samples: Deposit Agreement (S&t Bancorp Inc), Deposit Agreement (Pmi Group Inc), Deposit Agreement (Fifth Third Capital Trust Iv)

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Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or any distribution of property (including securities) other than cash shall be made, (ii) if rights, preferences or privileges shall at any time be offered with respect to Stock, (iii) whenever the Depositary shall receive notice of (a) any meeting at which holders of shares of Stock are entitled to vote or of which holders of shares of Stock are entitled to notice, or (b) any election on the part of the Company to redeem any shares of Stock, or (iv) whenever the Depositary and the Company shall decide it is appropriate, the Depositary shall, in each such instance, fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts who shall be entitled hereunder to receive a distribution in respect of such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who should be entitled to receive notice of such meeting or for any other appropriate reasons.

Appears in 2 contracts

Samples: Deposit Agreement (Regency Centers Corp), Deposit Agreement (Regency Centers Corp)

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Fixing of Record Date for Holders of Receipts. Whenever (i) any cash dividend or other cash distribution shall become payable or payable, any distribution of property (including securities) other than cash shall be made, (ii) if or any rights, preferences or privileges shall at any time be offered offered, with respect to Preferred Stock, or (iiiii) whenever the Depositary shall receive notice of (a) any meeting at which holders of Preferred Stock are entitled to vote or of which holders of Preferred Stock are entitled to noticenotice or any solicitation of consents in respect of the Preferred Stock, or (b) any election on the part call of the Company to redeem any shares of Stock, Preferred Stock or (iv) whenever at any time the Depositary and the Company shall decide it is appropriate, the Depositary shall, shall in each such instance, instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred Stock) for the determination of the holders Record Holders of Receipts who shall be entitled hereunder to (a) receive a distribution in respect of such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to (b) receive notice of, and give instructions for the exercise of voting rights at at, any such meeting, meeting or who should be entitled to (c) receive notice of any such meeting or for any other appropriate reasonscall, subject to the provisions hereof.

Appears in 1 contract

Samples: Deposit Agreement (United International Holdings Inc)

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