Common use of No Transfers; Closing of Stock Transfer Book Clause in Contracts

No Transfers; Closing of Stock Transfer Book. At or after the Effective Time, there shall be no transfer on the stock transfer books of the Company of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates representing any such shares are presented to the Surviving Corporation, they shall be canceled and exchanged for the Merger Consideration, if any, deliverable in respect thereof pursuant to this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Titan Holdings Inc), Merger Agreement (Usf&g Corp)

AutoNDA by SimpleDocs

No Transfers; Closing of Stock Transfer Book. At or after the Effective Time, there shall be no transfer on the stock transfer books of the Company Insurdata of the shares of Company Insurdata Common Stock that were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates representing any such shares are presented to the Surviving Corporation, they shall be canceled and exchanged for the Merger Consideration, plus cash in lieu of fractional shares, if any, deliverable in respect thereof pursuant to this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Provident American Corp)

AutoNDA by SimpleDocs

No Transfers; Closing of Stock Transfer Book. At or after the Effective Time, there shall be no transfer on the stock transfer books of the Company of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates representing any such shares are presented to the Surviving Corporation, they shall be canceled and exchanged for the Merger Consideration, if any, deliverable in respect thereof pursuant to this Agreement.. (c)

Appears in 1 contract

Samples: Merger Agreement (Usf&g Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!