Common use of Record Holder of Shares Clause in Contracts

Record Holder of Shares. The corporation shall be entitled to treat the person in whose name any share or shares of the corporation stand on the books of the corporation as the absolute owner thereof, and shall not be bound to recognize any equitable or other claim to, or interest in, such share or shares on the part of any other person.

Appears in 4 contracts

Samples: Merger Agreement (Marlin Business Services Corp), Merger Agreement (Blue Ridge Real Estate Co), Merger Agreement (Public Service Enterprise Group Inc)

AutoNDA by SimpleDocs

Record Holder of Shares. The corporation shall be entitled to treat the person in whose name holder of record of any share or shares of the corporation stand on the books of the corporation corporation’s capital stock as the absolute owner thereofholder in fact thereof and, and accordingly, shall not be bound to recognize any equitable or other claim to, to or interest in, in such share or shares on the part of any other person, whether or not it shall have express or other notice thereof, except as otherwise required by applicable law.

Appears in 1 contract

Samples: Standby Purchase Agreement (Idearc Inc.)

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