Common use of Preferred Shares Record Date Clause in Contracts

Preferred Shares Record Date. Each Person in whose name any certificate for Preferred Shares (or Common Shares and/or other securities, as the case may be) is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares (or Common Shares and/or other securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the transfer books for the Preferred Shares (or Common Shares and/or other securities, as the case may be) are closed, such Person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding Business Day on which such transfer books are open.

Appears in 3 contracts

Samples: Rights Agreement (National Rv Holdings Inc), Rights Agreement (Epitope Inc/Or/), Rights Agreement (Willamette Industries Inc)

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Preferred Shares Record Date. Each Person in whose name any certificate for Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the transfer books for of the Company relating to the Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) are closed, such Person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding Business Day day on which such transfer books are open.

Appears in 3 contracts

Samples: Rights Agreement (Agree Realty Corp), Rights Agreement (Amresco Capital Trust), Rights Agreement (Agree Realty Corp)

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Preferred Shares Record Date. Each Person person in whose name any certificate for Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) represented thereby on, and such certificate shall be dated, the date upon which the Right Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the transfer books for of the Company relating to the Common Shares of the Company and/or Preferred Shares (or Common Shares and/or other securities, as the case may be) are closed, such Person person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding Business Day day on which such transfer books are open.

Appears in 2 contracts

Samples: Rights Agreement (Showbiz Pizza Time Inc), Rights Agreement (Walden Residential Properties Inc)

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