Common use of No Further Rights of Transfers Clause in Contracts

No Further Rights of Transfers. At and after the Effective Time, each Company Stockholder shall cease to have any rights as a stockholder of the Company, except as provided herein or as otherwise required by applicable law. At the Effective Time, the stock ledger of the Company shall be closed, and no transfer of shares of Company Stock shall thereafter be made.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Click Commerce Inc), Agreement and Plan of Merger (Click Commerce Inc)

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No Further Rights of Transfers. At and after the Effective Time, (a) each Company Stockholder shall cease to have any rights as a stockholder an equityholder of the Company, except as provided herein or as otherwise required by applicable lawLaw and except for the right of each Stockholder to deliver a duly executed and completed Letter of Transmittal in exchange for payment of the portion of the Merger Consideration such Stockholder is entitled to pursuant to this Agreement in the manner and at the times set forth herein and (b) no transfer of Shares shall be made on the transfer books of the Surviving Corporation. At Immediately after the Effective Time, the stock ledger of the Company shall be closed, and no transfer of shares of Company Stock shall thereafter be made.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Quanex Building Products CORP), Agreement and Plan of Merger (Emdeon Inc.)

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No Further Rights of Transfers. At and after the Effective Time, (a) each Company Stockholder shall cease to have any rights as a stockholder an equityholder of the Company, except as provided herein or as otherwise required by applicable lawlaw and except for the right of each Stockholder to deliver a duly executed and completed Letter of Transmittal in exchange for payment of the portion of the Merger Consideration such Stockholder is entitled to pursuant to this Agreement in the manner and at the times set forth herein and (b) no transfer of Shares shall be made on the transfer books of the Surviving Corporation. At Immediately after the Effective Time, the stock ledger of the Company shall be closed, and no transfer of shares of Company Stock shall thereafter be made.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jarden Corp)

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