Common use of Issue of Right Certificates Clause in Contracts

Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT C.

Appears in 20 contracts

Samples: Rights Agreement (New Century Equity Holdings Corp), Rights Agreement (New Century Equity Holdings Corp), Rights Agreement (Pm Holdings Corp)

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Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT Exhibit C.

Appears in 14 contracts

Samples: Rights Agreement (Cosine Communications Inc), Rights Agreement (Washington Group International Inc), Rights Agreement (Flowers Foods Inc)

Issue of Right Certificates. (a) Until the Distribution Date, (i) the --------------------------- Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT C.Exhibit C. ---------

Appears in 3 contracts

Samples: Rights Agreement (Sterling Software Inc), Rights Agreement (Bibb Co /De), Rights Agreement (Sterling Commerce Inc)

Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will shall be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will shall also be deemed to be Right Certificates), (ii) the Rights will shall be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will shall also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will shall send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock Common Shares in substantially the form attached as EXHIBIT C.B.

Appears in 2 contracts

Samples: Rights Agreement (Del Global Technologies Corp), Rights Agreement (Del Global Technologies Corp)

Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached to this Agreement as EXHIBIT C.

Appears in 2 contracts

Samples: Rights Agreement (Brush Wellman Inc), Rights Agreement (Brush Wellman Inc)

Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing shares of Common Shares Stock registered in the names of the record holders thereof (which certificates representing shares of Common Shares Stock will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares, Stock and (iii) the surrender for transfer of any certificates evidencing shares of Common Shares Stock in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the shares of Common Shares Stock evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT C.

Appears in 1 contract

Samples: Rights Agreement (CTG Resources Inc)

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Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing shares of Common Shares Stock registered in the names of the record holders thereof (which certificates representing shares of Common Shares Stock will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares, Stock and (iii) the surrender for transfer of any certificates evidencing shares of Common Shares Stock in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the shares of Common Shares Stock evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Rights Agreement (CTG Resources Inc)

Issue of Right Certificates. (a) Until the Distribution Date, --------------------------- (i) the Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached as EXHIBIT C.Exhibit C. ---------

Appears in 1 contract

Samples: Rights Agreement (Bibb Co /De)

Issue of Right Certificates. (a) Until the Distribution Date, (i) the Rights will be evidenced by the certificates representing Common Shares registered in the names of the record holders thereof (which certificates representing Common Shares will also be deemed to be Right Certificates), (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares, and (iii) the surrender for transfer of any certificates evidencing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with the Common Shares evidenced by such certificates. On or as promptly as practicable after the Record Date, the Company will send by first class, postage prepaid mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company as of such date, a copy of a Summary of Rights to Purchase Preferred Stock in substantially the form attached hereto as EXHIBIT Exhibit C.

Appears in 1 contract

Samples: Rights Agreement (Alderwoods Group Inc)

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