Common use of No Further Transfer of Shares Clause in Contracts

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled and exchanged as provided in this Section 2. At the Effective Time, the stock ledger of the Company shall be closed.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ibah Inc), Agreement and Plan of Merger (Ibah Inc)

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No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares shares of Company Common Stock that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are any Certificate is presented to the Surviving Corporation for transfer, they it shall be cancelled canceled and exchanged for the Merger Consideration as provided in this Section 2Article III. At the close of business on the day of the Effective Time, the stock ledger of the Company shall be closed.

Appears in 2 contracts

Samples: Acquisition Agreement and Plan of Merger (EverBank Financial Corp), Acquisition Agreement and Plan of Merger (EverBank Financial Corp)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares shares of Company Stock that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates for Company Stock are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for cash as provided in this Section 2Article II. At the close of business on the day of the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Online Resources Corp)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for cash as provided in this Section 2. At the close of business on the day of the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sunsource Inc)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled and exchanged for cash as provided in this Section 2. At the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Astor Holdings Ii Inc)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares shares of Company Stock that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates for Company Stock are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for cash as provided in this Section 2ARTICLE II. At the close of business on the day of the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cognizant Technology Solutions Corp)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for cash as provided in this Section 2. At the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Integrated Circuit Systems Inc)

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No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Asure Shares that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for the Merger Consideration as provided in this Section 2. At the Effective Time, the stock ledger of the Company shall be closedArticle II.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hertz Technology Group Inc)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares shares of Capital Stock that were outstanding immediately prior to the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged as provided in this Section 2. At the Effective Time, the stock ledger for their proportionate share of the Company shall be closedMerger Consideration, without any interest thereon, pursuant to the terms and conditions set forth above.

Appears in 1 contract

Samples: Merger Agreement (Lions Gate Entertainment Corp /Cn/)

No Further Transfer of Shares. After the Effective Time, there shall ----------------------------- be no transfers of Converted Shares that were issued and outstanding immediately prior to before the Effective Time on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be cancelled canceled and exchanged for cash as provided in this Section 2ARTICLE II. At the close of business on the day of the Effective Time, the stock ledger of the Company shall be closed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SPX Corp)

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