Manner of Exchange. After the Effective Time of the Merger, except for persons exercising their rights as dissenting shareholders of Xxxxx, each shareholder of Xxxxx, upon surrender to Premier of certificates representing Xxxxx Common Stock, accompanied by a Letter of Transmittal, shall be entitled to receive in exchange therefor a certificate or certificates representing the number of full shares of Premier Common Stock for which shares of Xxxxx Common Stock theretofore represented by the certificate or certificates so surrendered shall have been exchanged as provided in this Section 5. After the Effective Time of the Merger, each outstanding certificate which, prior to the Effective Time of the Merger, represented Xxxxx Common Stock, will be deemed for all corporate purposes of Premier to evidence ownership of the number of full shares of Premier Common Stock into which the shares of Xxxxx Common Stock represented thereby were converted. Until such outstanding certificates formerly representing Xxxxx Common Stock are surrendered, no dividend payable to holders of record of Premier Common Stock for any period as of any date subsequent to the Effective Time of the Merger shall be paid to the holder of such outstanding certificates in respect thereof. After the Effective Time of the Merger there shall be no further registry of transfers on the records of Xxxxx of shares of Xxxxx Common Stock. Upon surrender of certificates of Xxxxx Common Stock for exchange for Premier Common Stock, there shall be paid to the record holder of the certificates of Premier Common Stock issued in exchange therefor the amount of dividends theretofore paid with respect to such full shares of Premier Common Stock as of any date subsequent to the Effective Time of the Merger which have not yet been paid to a public official pursuant to abandoned property laws and at the appropriate payment date the amount of dividends with a record date after the Effective Time of the Merger, but prior to surrender and a payment date subsequent to surrender. No interest shall be payable with respect to such dividends upon surrender of outstanding certificates.
Manner of Exchange. On the Effective Date, the M3 Stockholders shall surrender their stock certificates representing all of the issued and outstanding shares of the M3 Common Stock to the Subsidiary in exchange for certificates representing the shares of the EGPI Common Stock to which they are entitled. In exchange, the Subsidiary shall receive all of the issued and outstanding shares of the M3 Common Stock held by the M3 Stockholders. Following the receipt of the shares of the M3 Common Stock by the Subsidiary, the shares of the M3 Common Stock shall be cancelled. The one share of the Subsidiary Common Stock shall remain issued and outstanding.
Manner of Exchange. The Merger Consideration shall be paid as follows:
Manner of Exchange. On the Effective Date of the Merger, the -------------------- shareholders of TNOG shall surrender their stock certificates to HAEC in exchange for shares of the Surviving Corporation to which they are entitled pursuant to the provisions of this Plan of Merger.
Manner of Exchange. 3.1 Exchange Procedures 3.2 Distributions with Respect to Unexchanged Shares 3.3 No Fractional Securities 3.4 Certain Adjustments 3.5
Manner of Exchange. After the Effective Time of the Merger, each holder of a certificate theretofore evidencing outstanding shares of the Company Stock, upon surrender of such certificate, accompanied by a Letter of Transmittal to Brouxxxxx xx its agent, shall be entitled to receive in exchange therefor a certificate or certificates representing the number of full shares of Brouxxxxx Xxxmon Stock for which shares of the Company Stock theretofore represented by the certificate or certificates so surrendered shall have been exchanged as provided in this Section 2 and any cash to which such Shareholder may be entitled as set forth on, and in accordance with, Exhibit A. Until so surrendered, each outstanding certificate which, prior to the
Manner of Exchange. On the Effective Date, the stockholders of ------------------ Capitol Group Holdings shall surrender their stock certificates to AMTI in exchange for shares of the Surviving Corporation to which they are entitled.
Manner of Exchange. On the Effective Date, the shareholders of X-X Merger Sub shall surrender their stock certificates to Quality Resource Technologies in exchange for shares of the Surviving Corporation to which they are entitled.
Manner of Exchange. (a) After the Effective Time of the Holding Company Merger, each holder of a certificate for theretofore outstanding shares of Horizon Common Stock, upon surrender of such certificate to SunTrust Bank, Atlanta (which shall act as exchange agent), and a Letter of Transmittal, which shall be mailed to each holder of a certificate for theretofore outstanding shares of Horizon Common Stock by City National promptly following the Effective Time of the Holding Company Merger, shall be entitled to receive in exchange therefor a certificate or certificates representing the number of full shares of City Holding Common Stock for which shares of Horizon Common Stock theretofore represented by the certificate or certificates so surrendered shall have been exchanged as provided in this Article II. Until so surrendered, each outstanding certificate which, prior to the Effective Time of the Holding Company Merger, represented Horizon Common Stock will be deemed to evidence the right to receive the number of full shares of City Holding Common Stock into which the shares of Horizon Common Stock represented thereby may be converted in accordance with the Exchange Ratio and, after the Effective Time of the Holding Company Merger will be deemed for all corporate purposes of City Holding to evidence ownership of the number of full shares of City Holding Common Stock into which the shares of Horizon Common Stock represented thereby were converted.
Manner of Exchange. 3 2.2 Rights of Exchanged Metals Stock.................................3 2.3