Common use of No Dividends Before Surrender of Certificates Clause in Contracts

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time with respect to Parent Series A Stock with a record date after the Effective Time will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series A Stock for which such Certificate is then entitled to be exchanged, until the holder of record of such Certificate will surrender such Certificate as provided herein. Subject to the effect of applicable laws, following surrender of any such Certificate, there will be paid to the record holder of the certificates representing whole shares of Parent Series A Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent with respect to such whole shares of Parent Series A Stock, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series A Stock.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (On Command Corp), Agreement and Plan of Merger (Liberty Satellite & Technology Inc), Agreement and Plan of Merger (Liberty Satellite & Technology Inc)

AutoNDA by SimpleDocs

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time with respect to Parent Series Class A Liberty Media Group Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series Class A Liberty Media Group Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following Following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent Series Class A Liberty Media Group Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent and payable with respect to such whole shares of Parent Series Class A StockLiberty Media Group Stock between the Effective Time and the time of such surrender, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series Class A Liberty Media Group Stock.

Appears in 2 contracts

Samples: Iii 5 Agreement and Plan of Merger (Video Services Corp), Iii 5 Agreement and Plan of Merger (Liberty Media Corp /De/)

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time Closing with respect to Parent Series A ICG Common Stock with a record date after the Effective Time Closing Date will be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series A ICG Common Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will surrender surrenders such Certificate as provided herein. Subject to the effect of applicable laws, following surrender of any such Certificate, there will be paid to the record holder of the certificates representing whole shares of Parent Series A ICG Common Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously Closing theretofore paid by Parent ICG with respect to such whole shares of Parent Series A ICG Common Stock, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time Closing but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series A ICG Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Icg Holdings Canada Co /Co/)

No Dividends Before Surrender of Certificates. No dividends or other --------------------------------------------- distributions declared or made after the Effective Time with respect to Parent Series Class A Liberty Media Group Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series Class A Liberty Media Group Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following Following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent Series Class A Liberty Media Group Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent and payable with respect to such whole shares of Parent Series Class A StockLiberty Media Group Stock between the Effective Time and the time of such surrender, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series Class A Liberty Media Group Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Liberty Media Corp /De/)

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time with respect to Parent Series Common Stock or Class A Liberty Group Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series Common Stock or Class A Liberty Group Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following Following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent Series Common Stock or Class A Liberty Group Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent and payable with respect to such whole shares of Parent Series Common Stock or Class A StockLiberty Group Stock between the Effective Time and the time of such surrender, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series Common Stock or Class A Liberty Group Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Associated Group Inc)

AutoNDA by SimpleDocs

No Dividends Before Surrender of Certificates. No dividends or other --------------------------------------------- distributions declared or made after the Effective Time with respect to Parent Series Class A Liberty Media Group Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series Class A Liberty Media Group Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following Following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent Series Class A Liberty Media Group Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent and payable with respect to such whole shares of Parent Series Class A StockLiberty Media Group Stock between the Effective Time and the time of such surrender, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series Class A Liberty Media Group Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Four Media Co)

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time with respect to Parent LMG Series A Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent LMG Series A Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent LMG Series A Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously theretofore paid by Parent TCI with respect to such whole shares of Parent LMG Series A Stock, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent LMG Series A Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tele Communications Inc /Co/)

No Dividends Before Surrender of Certificates. No dividends or other distributions declared or made after the Effective Time with respect to Parent Series Class A Liberty Group Stock with a record date after the Effective Time will shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Series Class A Liberty Group Stock for which such Certificate is then entitled to be exchangedrepresented thereby, until the holder of record of such Certificate will shall surrender such Certificate as provided herein. Subject to the effect of applicable laws, following Following surrender of any such Certificate, there will shall be paid to the record holder of the certificates representing whole shares of Parent Series Class A Liberty Group Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions, if any, with a record date after the Effective Time that were previously paid by Parent and payable with respect to such whole shares of Parent Series Class A StockLiberty Group Stock between the Effective Time and the time of such surrender, and (ii) at the appropriate payment date, the amount of dividends or other distributions, if any, with a record date after the Effective Time but prior to surrender and with a payment date subsequent to surrender payable with respect to such whole shares of Parent Series Class A Liberty Group Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ascent Entertainment Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.