Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 169 contracts
Samples: Rights Agreement (CO2 Energy Transition Corp.), Rights Agreement (JVSPAC Acquisition Corp.), Rights Agreement (JVSPAC Acquisition Corp.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 62 contracts
Samples: Rights Agreement (YHN Acquisition I LTD), Rights Agreement (RF Acquisition Corp II), Rights Agreement (RF Acquisition Corp II)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder Registered Holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 48 contracts
Samples: Rights Agreement (DT Cloud Star Acquisition Corp), Form of Rights Agreement (Expectation Acquisition Corp), Rights Agreement (DT Cloud Star Acquisition Corp)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights Right certificate(s) as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right certificate and issue new Rights Right certificate(s) in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights Right certificate(s) must also bear a restrictive legend.
Appears in 29 contracts
Samples: Rights Agreement (Springwater Special Situations Corp.), Rights Agreement (Springwater Special Situations Corp.), Rights Agreement
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company Company, which may be its internal legal counsel, stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 6 contracts
Samples: Right Agreement (GigCapital2, Inc.), Right Agreement (GigCapital2, Inc.), Right Agreement (GigCapital, Inc.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend. Extraordinary Dividends.
Appears in 4 contracts
Samples: Rights Agreement (Kairous Acquisition Corp. LTD), Rights Agreement (Kairous Acquisition Corp. LTD), Rights Agreement (Kairous Acquisition Corp. LTD)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legendlegend and, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 2 contracts
Samples: Rights Agreement (Global Lights Acquisition Corp), Form of Rights Agreement (Global Lights Acquisition Corp)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue a new Rights Right in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights Right must also bear a restrictive legend.
Appears in 1 contract
Samples: Rights Agreement (Barington/Hilco Acquisition Corp.)