Outstanding Certificates. 4.1 After the Effective Time, certificates formerly representing Pendaries Common Shares to which subsection 3.1(a) applies shall represent only the right to receive certificates representing the Ultra Common Shares, if any, which the former holder of such Pendaries Common Shares is entitled to receive pursuant to Article 3 subject to compliance with the requirements set forth in this Article 4.
4.2 Either prior to or as soon as practicable after the Effective Date, UPC shall forward to each holder of Pendaries Common Shares to which subsection 3.1
(a) applies at the address of such holder as it appeared in the relevant share register of PPL a letter of transmittal containing, among other things, instructions for obtaining delivery of certificates representing the Ultra Common Shares pursuant to this Plan. Such holder of Pendaries Common Shares shall be entitled to receive certificates representing the Ultra Common Shares which such holder is entitled to receive pursuant to Article 3 upon delivering the certificate formerly representing such holder's Pendaries Common Shares to the Depositary, or as the Depositary may otherwise direct, in accordance with the instructions contained in the letter of transmittal. Such certificate formerly representing such holder's Pendaries Common Shares shall be accompanied by the letter of transmittal, duly completed, and such other documents as the Depositary may reasonably require. The Depositary shall register the Ultra Common Shares in such name, and shall deliver by first class mail, postage prepaid, or, in the case of postal disruption, by such other means as the Depositary deems prudent certificates representing such Common Shares to such address as such holder may direct in such letter of transmittal, as soon as practicable after receipt by the Depositary of such documents.
4.3 The holders of Pendaries Common Shares shall not be entitled to any interest, dividend, premium or other payment on or with respect to the Pendaries Common Shares other than the Ultra Common Shares, if any, which they are entitled to receive for the Pendaries Common Shares pursuant to this Plan.
4.4 No dividends or other distributions declared or made with respect to Ultra Common Shares with a record date after the Effective Time, shall be paid to the holder of any unsurrendered certificate which immediately prior to the Effective Time represented outstanding Pendaries Common Shares, unless and until the holder of such certificate shall surre...
Outstanding Certificates. From and after the Effective Time until and including the Proceeds Date, share certificates representing Common Shares will represent the right to obtain the consideration issued pursuant to the Plan of Arrangement, consisting of $35.00 or one Unit per Common Share or a combination thereof (other than certificates in the name of a Dissenting Shareholder or a Small Non-Board Lot Holder) in accordance with the elections made by the holder, subject to pro-ration hereunder.
Outstanding Certificates. From and after the Effective Date, certificates representing the Old Lorus Securities prior to the Arrangement will, thereafter represent only the right to receive the certificates representing the New Lorus Securities which such holder is entitled to receive pursuant to Section 3.01(1) and any distributions accruing to the holder of such securities, upon the holder depositing with the Depositary the certificates duly endorsed for transfer and accompanied by such other documents as such Depositary may reasonably require, subject to compliance with the requirements set forth in this Article 4.
Outstanding Certificates. 16 7.2 Provision of Consideration....................................................................16 7.3 Depository....................................................................................17 7.4 No Entitlement to Interest....................................................................17 7.5 Certificates..................................................................................17
Outstanding Certificates. Until surrendered or presented for ------------------------ transfer in accordance with Section 5.1 above, each outstanding certificate which, prior to the Effective Time, represented PG&E Common Stock shall be deemed and treated for all corporate purposes to represent the ownership of the same number of shares of ParentCo Common Stock as though such surrender or transfer and exchange had taken place.
Outstanding Certificates. Following the Effective Time, certificates representing shares of NW Natural Common Stock outstanding at the Effective Time (“NW Natural Certificates”) will represent the same number of shares of Holdco Common Stock and will evidence the right of the registered holder thereof to receive, and may be exchanged for, certificates for the shares of Holdco Common Stock into which such shares of NW Natural Common Stock were converted in accordance with Section 2.1. At the Effective Time, Holdco shall issue and deliver, or cause to be issued and delivered, to the transfer agent for Holdco Common Stock (the “Transfer Agent”) certificates representing shares of Holdco Common Stock into which outstanding shares of NW Natural Common Stock have been converted as provided above. As promptly as practicable following the Effective Time, Holdco shall send or cause to be sent to each former shareholder of record of NW Natural immediately prior to the Effective Time who holds a NW Natural Certificate written instructions and transmittal materials (a “Transmittal Letter”) for use in surrendering NW Natural Certificates to the Transfer Agent. Upon the proper surrender and delivery to the Transfer Agent (in accordance with Xxxxxx’s instructions, and accompanied by a properly completed Transmittal Letter) by a former shareholder of NW Natural of such shareholder’s NW Natural Certificate(s), and in exchange therefor, the Transfer Agent shall, as soon as practicable, issue, register and deliver to such shareholder a certificate evidencing the shares of Holdco Common Stock or register such shares in electronic form.
Outstanding Certificates. Each outstanding certificate which, prior to the Effective Time, represented Roanoke Gas Common Stock shall be deemed for all corporate purposes to represent only the number of shares of Resources Common Stock into which such Roanoke Gas Common Stock was converted.
Outstanding Certificates. Following the Effective Time, certificates representing
1. At the Effective Time, Holdco shall issue and deliver, or cause to be issued and delivered, to the transfer agent for Holdco Common Stock (the “Transfer Agent”) certificates representing shares of Holdco Common Stock into which outstanding shares of NW Natural Common Stock have been converted as provided above. As promptly as practicable following the Effective Time, Holdco shall send or cause to be sent to each former shareholder of record of NW Natural immediately prior to the Effective Time who holds a NW Natural Certificate written instructions and transmittal materials (a “Transmittal Letter”) for use in surrendering NW Natural Certificates to the Transfer Agent. Upon the proper surrender and delivery to the Transfer Agent (in accordance with Xxxxxx’s instructions, and accompanied by a properly completed Transmittal Letter) by a former shareholder of NW Natural of such shareholder’s NW Natural Certificate(s), and in exchange therefor, the Transfer Agent shall, as soon as practicable, issue, register and deliver to such shareholder a certificate evidencing the shares of Holdco Common Stock or register such shares in electronic form.
Outstanding Certificates. Until surrendered or presented for transfer in accordance with Section 5.1 above, each outstanding certificate which, prior to the Effective Time, represented SWG Common Stock shall be deemed and treated for all corporate purposes to represent the ownership of the same number of shares of HoldCo Common Stock as though such surrender or transfer and exchange had taken place.
Outstanding Certificates. Until surrendered or presented for registration of transfer in accordance with Section 5.1 above, each outstanding certificate that, prior to the Merger Date, represented Central Maine Common Stock shall be deemed and treated for all corporate purposes to represent the ownership of the same number of shares of HoldCo Common Stock as though such surrender and exchange had taken place.
