Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or (ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 8 contracts
Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a Register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Income PRIDES, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate Stated Amount of the Treasury Securities, Preferred Securities or the Applicable Ownership Interests in the Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Growth PRIDES, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 6 contracts
Samples: Purchase Contract Agreement (Ingersoll Rand Co), Purchase Contract Agreement (Cendant Capital V), Purchase Contract Agreement (Cendant Capital V)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office Office, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver to the Holder the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) Agent be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfertransfer to a person other than the Holder. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date or any date on which the Fundamental Change Early Settlement Right is exercised with respect to such Certificate, any Fundamental Change Early Settlement Termination Date with respect to such Certificate, or the Business Day immediately preceding the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable Settlement Date; and
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article 5. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 5 contracts
Samples: Purchase Contract and Pledge Agreement (Spire Inc), Purchase Contract and Pledge Agreement (Black Hills Corp /Sd/), Purchase Contract and Pledge Agreement (Anthem, Inc.)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent From and after the Distribution Date and prior to the earlier of the Redemption Date and the Final Expiration Date, the Company shall keep cause to be kept at the Corporate Trust Office of the Rights Agent a rights register (the “Security a "Rights Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Company shall provide for the registration of Right Certificates and of transfers of Certificates Rights. The Rights Agent is hereby appointed the registrar and transfer agent (the Purchase Contract Agent, "Rights Registrar") for the purpose of registering Right Certificates and transfers of Rights as herein provided and the Rights Agent agrees to maintain such Rights Register in accordance with such capacity, the “Security Registrar”). The Security regulations so long as it continues to be designated as Rights Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Unitshereunder. Upon surrender to the Rights Agent for registration of transfer of any Certificate at the Corporate Trust OfficeRight Certificate, the Company shall execute and deliver to the Purchase Contract Agentexecute, and the Purchase Contract Rights Agent shall authenticate, execute on behalf of the designated transferee or transferees, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Right Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may beRights. At the option of the Holderholder, Right Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, Right Certificates upon surrender of the Right Certificates to be exchanged at to the Corporate Trust OfficeRights Agent. Whenever any Right Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agentexecute, and the Purchase Contract Rights Agent shall authenticateauthenticate and deliver, execute on behalf of the Holder, and deliver the Right Certificates which the Holder holder making the exchange is entitled to receive. All Right Certificates issued upon any registration of transfer or exchange of a Certificate Right Certificates shall evidence be the ownership valid obligations of the Company, evidencing the same number of Corporate Units or Treasury Units, as the case may beRights, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury UnitsAgreement, as the case may be, evidenced by the Certificate Right Certificates surrendered upon such registration of transfer or exchange. Every Right Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Rights Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentRights Registrar duly executed, duly executed by the Holder holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a CertificateRight Certificates, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Right Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf The provisions of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement 6 shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case be subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event4(d), Section 8(e) and Article V hereofSection 15.
Appears in 5 contracts
Samples: Rights Agreement (United Surgical Partners International Inc), Rights Agreement (Odyssey Healthcare Inc), Rights Agreement (United Surgical Partners International Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Unit Registrar”). The Security Registrar ") and a register (the "Treasury Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate Units and of transfers of Treasury UnitsUnit Certificates (the Agent, in such capacity, the "Treasury Unit Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Corporate Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate principal amount of the Treasury Securities, Debentures or the Applicable Ownership Interests in aggregate Stated Amount of the Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Treasury Units, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 5 contracts
Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (FPL Group Capital Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitsof transfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury Units, Growth PRIDES as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Income PRIDES, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate principal amount of the Treasury Securities, Debt Securities or the Applicable Ownership Interests in aggregate Stated Amount of the appropriate Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Growth PRIDES, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 4 contracts
Samples: Purchase Contract Agreement (Great Plains Energy Inc), Purchase Contract Agreement (Great Plains Energy Inc), Purchase Contract Agreement (Amerus Group Co/Ia)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent Company shall keep cause to be kept at the Corporate Trust Office office of the Trustee a register (the register maintained in such office and in any other office or agency designated pursuant to SECTION 7.2 being herein sometimes referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Company shall provide for the registration of Certificates Securities and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the Securities. The Trustee is hereby initially appointed “Security Registrar”). The Security Registrar shall record separately ” for the registration purpose of registering Securities and transfer transfers of the Certificates evidencing Corporate Units and Treasury Units. Securities as herein provided.
(b) Upon surrender for registration of transfer of any Certificate Security at the Corporate Trust Officeoffice or agency of the Company designated pursuant to SECTION 7.2, the Company shall execute and deliver to the Purchase Contract Agentexecute, and the Purchase Contract Agent Trustee shall authenticate, execute on behalf of the designated transferee or transferees, authenticate and deliver, in the name of the designated transferee or transferees, one or more new CVR Certificates of any authorized denominations, of like tenor, and evidencing a like representing the same aggregate number of Corporate Units CVRs represented by the CVR Certificate so surrendered that are to be transferred and the Company shall execute and the Trustee shall authenticate and deliver, in the name of the transferor, one or Treasury Units, as more new CVR Certificates representing the case may be. aggregate number of CVRs represented by such CVR Certificate that are not to be transferred.
(c) At the option of the Holder, CVR Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like CVR Certificates that represent in the aggregate the same number of Corporate Units or Treasury Units, CVRs as the case may be, upon surrender of the CVR Certificates to be exchanged surrendered at the Corporate Trust Officesuch office or agency. Whenever any CVR Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agentexecute, and the Purchase Contract Agent Trustee shall authenticateauthenticate and deliver, execute on behalf of the Holder, and deliver the CVR Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates Securities issued upon any registration of transfer or exchange of a Certificate Securities shall evidence be the ownership valid obligations of the Company, evidencing the same number of Corporate Units or Treasury Units, as the case may berights, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury UnitsCVR Agreement, as the case may be, evidenced by the Certificate Securities surrendered upon such registration of transfer or exchange. .
(e) Every Certificate Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract AgentSecurity Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentSecurity Registrar, duly executed by the Holder thereof or its his attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a CertificateSecurities, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any documentary, stamp or similar tax or other similar governmental charge that may be imposed payable in connection with any registration of transfer or exchange of CertificatesSecurities, other than any exchanges pursuant to Section SECTIONS 3.4, 3.6 and Section 8.5 or 6.6 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 4 contracts
Samples: Contingent Value Rights Agreement, Contingent Value Rights Agreement (Community Health Systems Inc), Contingent Value Rights Agreement (Health Management Associates, Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 4 contracts
Samples: Purchase Contract Agreement (Pmi Group Inc), Purchase Contract Agreement (Pmi Group Inc), Purchase Contract Agreement (Supervalu Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate PIES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate PIES Certificates and of transfers of Corporate PIES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate PIES Registrar”). The Security Registrar ") and a register (the "Treasury PIES Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury PIES Certificates evidencing Corporate Units and transfers of Treasury UnitsPIES Certificates (the Purchase Contract Agent, in such capacity, the "Treasury PIES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units PIES or Treasury UnitsPIES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units PIES or Treasury UnitsPIES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.4, 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units PIES evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, Portfolio or the Applicable Ownership Interests in the Treasury PortfolioSecurities, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 4 contracts
Samples: Purchase Contract Agreement (Sierra Pacific Resources Capital Trust Ii), Purchase Contract Agreement (Sierra Pacific Resources), Purchase Contract Agreement (Sierra Pacific Resources /Nv/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register Register (the “Security "Corporate Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Units Certificates and of transfers of Corporate Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Units Registrar”). The Security Registrar ") and a Register (the "Treasury Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration of Treasury Units Certificates and transfer of transfers of Treasury Units Certificates (the Certificates evidencing Corporate Agent, in such capacity, the "Treasury Units and Treasury UnitsRegistrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office or the New York Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office or the New York Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (together with any cash or portion thereofother property to which the Holder is entitled), or
or (ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Senior Notes, the appropriate Applicable Ownership Interests in Debentures, Interest of the Treasury Portfolio or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 3 contracts
Samples: Purchase Contract Agreement (Centurytel Inc), Purchase Contract Agreement (Centurytel Inc), Purchase Contract Agreement (Duke Energy Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 3 contracts
Samples: Purchase Contract and Pledge Agreement (Johnson Controls Inc), Purchase Contract and Pledge Agreement (Johnson Controls Inc), Purchase Contract and Pledge Agreement (Johnson Controls Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, as applicable, relating to such Normal Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 3 contracts
Samples: Purchase Contract Agreement (Motorola Inc), Purchase Contract Agreement (Motorola Inc), Purchase Contract Agreement (Motorola Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security register maintained in such office or in any other office or agency designated pursuant to Section 10.2 being herein referred to as "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the register maintained in such office or in any other office or agency designated pursuant to Section 10.2 being herein referred to as the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and of transfers of Stripped Units and Treasury Units. Certificates (the Purchase Contract Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice or such office or agency designated pursuant to Section 10.2, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Officesuch office or agency. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to issue or execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the fifth Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Ordinary Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Notes or the Treasury SecuritiesConsideration, or the Applicable Ownership Interests as applicable, relating to such Normal Units, or
(iii) in the case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 3 contracts
Samples: Purchase Contract Agreement (Xl Capital LTD), Purchase Contract Agreement (Xl Capital LTD), Purchase Contract Agreement (Xl Capital LTD)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 3 contracts
Samples: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract and Pledge Agreement (PNM Resources Inc), Purchase Contract and Pledge Agreement (Genworth Financial Inc)
Registration, Registration of Transfer and Exchange. The Stock Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Stock Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Stock Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Normal Common Equity Units and Treasury Stripped Common Equity Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Common Equity Units or Treasury Stripped Common Equity Units, as the case may be. At the option of the Holder, Certificates evidencing Normal Common Equity Units or Stripped Common Equity Units may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Normal Common Equity Units or Treasury Stripped Common Equity Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Common Equity Units or Treasury Stripped Common Equity Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Normal Common Equity Units or Treasury Stripped Common Equity Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract AgentSecurity Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Stock Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent Security Registrar may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to the Common Equity Units evidenced by such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to the Common Equity Units evidenced by such Certificate, the Subsequent Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Stock Purchase Contract Agent shall:
(i) if the Initial Stock Purchase Contract Settlement Date or the Subsequent Stock Purchase Date (including upon any Cash Settlement) or an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver to such Holder the shares of Common Stock issuable in respect of the Stock Purchase Contracts forming a part of the Common Equity Units evidenced by such other Certificate (or portion thereof), orCertificate;
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Initial Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Series A Trust Preferred Securities or the Treasury Securities, or the Applicable Ownership Interests Securities pledged in the Treasury Portfoliolieu thereof, as the case may be, underlying evidenced thereby, to such other CertificateHolder, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 and Article V hereof; or
(with respect to iii) if a Termination Event) Event shall have occurred prior to the Subsequent Stock Purchase Date, transfer the Series B Trust Preferred Securities or the Treasury Securities pledged in lieu thereof, as the case may be, evidenced thereby, to such Holder, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 and Article V hereof.
Appears in 3 contracts
Samples: Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Equity Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Equity Units Certificates and of transfers of Equity Units Certificates (the Purchase Contract Agent, in such capacity, the “Security Equity Units Registrar”) and a register (the “Equity Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Agent shall provide for the registration of the Equity Units Certificates and transfers of Equity Units Certificates (the Agent, in such capacity, the “Equity Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. .
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Equity Units or Treasury Stripped Equity Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Equity Units or Treasury Stripped Equity Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Equity Units or Treasury Stripped Equity Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Equity Units or Treasury Stripped Equity Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Forward Purchase Contracts forming a part of the Equity Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury PortfolioStripped Equity Units, as the case may be, underlying evidenced by such other Certificate,
(ii) in the case of Equity Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interest in the Treasury Portfolio, as applicable, relating to such Equity Units, or
(iii) in the case of Stripped Equity Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such Stripped Equity Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 3 contracts
Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agreement (American Electric Power Co Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, or the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 3 contracts
Samples: Purchase Contract Agreement (Nextera Energy Inc), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Nextera Energy Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice of the Purchase Contract Agent or its agent in the Borough of Manhattan, The City of New York, New York, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust OfficeOffice of the Purchase Contract Agent or its agent in the Borough of Manhattan, The City of New York, New York. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) Agent be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfertransfer to a person other than the Holder. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date or any date on which the Fundamental Change Early Settlement Right is exercised with respect to such Certificate, any Fundamental Change Early Settlement Termination Date with respect to such Certificate, or the Business Day immediately preceding the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver cause to be delivered the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable Settlement Date; and
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article V. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate or between or among Depositary Participants) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 3 contracts
Samples: Purchase Contract and Pledge Agreement (American Electric Power Co Inc), Purchase Contract and Pledge Agreement (American Electric Power Co Inc), Purchase Contract and Pledge Agreement
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register (the “Security "Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for record the registration of Certificates and of transfers and exchanges of Certificates (the Purchase Contract Unit Agent, in such capacity, the “Security "Registrar”"). The No beneficial interest in a Warrant or a Preferred Security Registrar that is a component of a Unit represented by a Certificate may be transferred or exchanged (except by a transfer or exchange of such Unit) until such components have been separated in accordance with Section 3.6 hereof, and each Certificate shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Unitsbear a legend to that effect. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company and the Trust shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, authenticate and deliver, in the name name, upon Issuer Order and receipt of an Officers' Certificate and Opinion of Counsel as required under Section 1.3, of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company and the Trust shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Agent Unit Agent, upon Issuer Order and receipt of an Officers' Certificate and Opinion of Counsel as required under Section 1.3, shall authenticate, execute on behalf of the Holder, authenticate and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Unit Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company Company, the Trust and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.7 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will and the Trust shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder authenticate and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Expiration Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, shall deliver the consideration received on such Expiration Date (which may be shares of Common Stock issuable in respect of the Purchase Contracts exercise of Warrants forming a part of the Units evidenced by such other Certificate (Certificate, Warrant Value receivable upon a redemption of such Warrants or portion thereof), or
(ii) if Remarketing Proceeds receivable upon a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to contemporaneous remarketing of the Purchase Contract Settlement Date, or Preferred Securities forming a Cash Settlement shall have occurred, transfer part of the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Units evidenced by such other Certificate), in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 3 contracts
Samples: Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Capital Trust I)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”"SECURITY REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”"SECURITY REGISTRAR"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Stock Purchase Units and Treasury Stock Purchase Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to for such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change an Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Cash Settlement or an Early Settlement Date with respect to such other Certificate shall have occurred, or Fundamental Change Early Settlement if a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesPreferred Securities, the [Subordinated] Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Cc Funding Trust Ii), Purchase Contract Agreement (Cinergy Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) : if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) ; or if a Termination Event, Early Settlement Settlement, or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Entergy Corp /De/), Purchase Contract and Pledge Agreement (Entergy Mississippi Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the register maintained in such office or in any other office or agency designated pursuant to Section 10.02 being herein referred to as “Security Normal Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security Normal Units Registrar”) and a register (the register maintained in such office or in any other office or agency designated pursuant to Section 10.02 being herein referred to as the “Stripped Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of the Stripped Units Certificates and of transfers of Stripped Units Certificates (the Purchase Contract Agent, in such capacity, the “Stripped Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. .
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice or such office or agency designated pursuant to Section 10.02, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Officesuch office or agency. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06, 3.09 and Section 8.5 8.05 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to issue or execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the fifth Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. .
(h) In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Notes or the Treasury SecuritiesConsideration, or the Applicable Ownership Interests as applicable, relating to such Normal Units, or
(iii) in the case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Lazard Group Finance LLC), Purchase Contract Agreement (Lazard LTD)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, as applicable, relating to such Normal Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Northrop Grumman Corp /De/), Purchase Contract Agreement (Northrop Grumman Corp /De/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "SPC Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of SPC Units Certificates and of transfers of SPC Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "SPC Units Registrar”). The Security Registrar ") and a register (the "Treasury SPC Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury SPC Units Certificates evidencing Corporate and of transfers of Treasury SPC Units and Certificates (the Purchase Contract Agent, in such capacity, the "Treasury UnitsSPC Units Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate SPC Units or Treasury SPC Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate SPC Units or Treasury SPC Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date and ending on such Purchase Contract Settlement Date, or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the [Preferred Securities,] Notes, Treasury Securities [or the appropriate Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, ,] as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Pp&l Capital Funding Trust I), Purchase Contract Agreement (Pp&l Capital Funding Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for the registration of Unit Certificates evidencing the Normal Units and the Stripped Units and of transfers of Unit Certificates evidencing the Normal Units and the Stripped Units (the Purchase Contract Unit Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Unit Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesUnit Certificates (which, for these purposes, includes a Stripped Unit Creation or a transfer of Pledged Securities as contemplated by Section 5.4(a)), other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
shall (ia) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, liquidation or principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof(d) below shall apply only to Global Unit Certificates:
(a) Each Global Unit Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of the Depositary designated for such Global Unit Certificate or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Unit Certificate shall constitute a single Unit Certificate for all purposes of this Agreement.
(b) Notwithstanding any other provision in this Agreement, no Global Unit Certificate may be exchanged in whole or in part for Unit Certificates registered, and no transfer of a Global Unit Certificate in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Unit Certificate or a nominee thereof unless (i) such Depositary (x) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Unit Certificate or (y) has ceased to be a clearing agency registered under the Exchange Act or (ii) there shall have occurred and be continuing a default by the Company in respect of its obligations under one or more Principal Agreements.
(c) Subject to Clause (b) above, any exchange of a Global Unit Certificate for other Unit Certificates may be made in whole or in part, and all Unit Certificates issued in exchange for a Global Unit Certificate or any portion thereof shall be registered in such names as the Depositary for such Global Unit Certificate shall direct.
(d) Every Unit Certificate authenticated and delivered upon registration of transfer of, in exchange for or in lieu of a Global Unit Certificate or any portion thereof, whether pursuant to this Section, Section 3.4, 3.6 or 8.5 or otherwise, shall be authenticated, executed on behalf of the Holders and delivered in the form of, and shall be, a Global Unit Certificate, unless such Unit Certificate is registered in the name of a Person other than the Depositary for such Global Unit Certificate or a nominee thereof.
Appears in 2 contracts
Samples: Master Unit Agreement (Providian Financing Iv), Master Unit Agreement (Ati Financing Ii)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Oneok Inc /New/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Corporate Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security Corporate Units Registrar”) and a register (the “Treasury Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of the Treasury Unit Certificates and transfers of Treasury Unit Certificates (the Purchase Contract Agent, in such capacity, the “Treasury Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.4, 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesDebt Securities, the Treasury Securities, Portfolio or the Applicable Ownership Interests in the Treasury PortfolioSecurities, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Amerigroup Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security SPC Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of SPC Units Certificates and of transfers of SPC Units Certificates (the Purchase Contract Agent, in such capacity, the “Security SPC Units Registrar”) and a register (the “Treasury SPC Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of the Treasury SPC Units Certificates and of transfers of Treasury SPC Units Certificates (the Purchase Contract Agent, in such capacity, the “Treasury SPC Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate SPC Units or Treasury SPC Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate SPC Units or Treasury SPC Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date and ending on such Purchase Contract Settlement Date, or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Notes, Treasury Securities [or the appropriate Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, ,] as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (PPL Energy Supply LLC), Purchase Contract Agreement (PPL Capital Funding Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate PIES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate PIES Certificates and of transfers of Corporate PIES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate PIES Registrar”). The Security Registrar ") and a register (the "Treasury PIES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury PIES Certificates evidencing Corporate Units and transfers of Treasury UnitsPIES Certificates (the Agent, in such capacity, the "Treasury PIES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units PIES or Treasury UnitsPIES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units PIES or Treasury UnitsPIES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurredtransfer the Preferred Securities, transfer the Debentures, the Applicable Ownership Interests Interest (as specified in Debentures, clause (A) of the definition of such term) of the Treasury Portfolio or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Nisource Inc), Purchase Contract Agreement (Nipsco Industries Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office in the Borough of Manhattan, The City of New York, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Securities Registrar”). The Security Securities Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice in the Borough of Manhattan, The City of New York, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust OfficeOffice in the Borough of Manhattan, The City of New York. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) Agent be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfertransfer to a person other than the Holder. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date or any date on which the Fundamental Change Early Settlement Right is exercised with respect to such Certificate, any Fundamental Change Early Settlement Termination Date with respect to such Certificate, or the Business Day immediately preceding the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable Settlement Date; and
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article 5. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Dominion Resources Inc /Va/), Purchase Contract and Pledge Agreement (Dominion Resources Inc /Va/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "PEPS Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of PEPS Units Certificates and of transfers of PEPS Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "PEPS Units Registrar”). The Security Registrar ") and a register (the "Treasury PEPS Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury PEPS Units Certificates evidencing Corporate and of transfers of Treasury PEPS Units and Certificates (the Purchase Contract Agent, in such capacity, the "Treasury UnitsPEPS Units Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate PEPS Units or Treasury PEPS Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate PEPS Units or Treasury PEPS Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate PEPS Units or Treasury PEPS Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate PEPS Units or Treasury PEPS Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Georgia-Pacific Group Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Senior Deferrable Notes or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Georgia Pacific Corp), Purchase Contract Agreement (Georgia Pacific Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register Register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a Register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Income PRIDES, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate Stated Amount of the Treasury Securities, Preferred Securities or the Applicable Ownership Interests in the Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Growth PRIDES, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Lincoln National Corp), Purchase Contract Agreement (Lincoln National Corp)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Equity Security Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Equity Security Unit Certificates and of transfers of Equity Security Unit Certificates (the Purchase Contract Agent, in such capacity, the “"Equity Security Units Registrar”). The ") and a register (the "Stripped Equity Security Registrar Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Equity Security Unit Certificates evidencing Corporate Units and Treasury Units. transfers of Stripped Equity Security Unit Certificates (the Agent, in such capacity, the "Stripped Equity Security Unit Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Equity Security Units or Treasury Stripped Equity Security Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Equity Security Units or Treasury Stripped Equity Security Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Equity Security Units or Treasury Stripped Equity Security Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Equity Security Units or Treasury Stripped Equity Security Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Equity Security Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury PortfolioStripped Equity Security Units, as the case may be, underlying evidenced by such other Certificate,
(ii) in the case of Equity Security Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Notes or the appropriate Applicable Ownership Interest in the Treasury Portfolio or Tax Event Treasury Portfolio, as applicable, relating to such Equity Security Units or, in the case of Stripped Equity Security Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such Stripped Equity Security Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Dte Energy Co), Purchase Contract Agreement (Dte Energy Co)
Registration, Registration of Transfer and Exchange. (a) The Stock Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Securities Register”) in which, subject to such reasonable regulations as it may prescribe, the Stock Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Stock Purchase Contract Agent, in such capacity, the “Security Securities Registrar”). The Security Securities Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units Normal MCAPS and Treasury Units. MCAPS.
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Normal MCAPS or Treasury UnitsMCAPS, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Normal MCAPS or Treasury UnitsMCAPS, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Normal MCAPS or Treasury UnitsMCAPS, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units Normal MCAPS or Treasury UnitsMCAPS, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Stock Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Stock Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Stock Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.4, 3.6 and Section 8.5 9.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Stock Purchase Contract Agent, and the Stock Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Stock Purchase Contract Agent shall:
(i) if the Stock Purchase Contract Date (including upon any Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with Qualifying Treasury Securities) with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Depositary Shares issuable in respect of the Stock Purchase Contracts forming a part of the Units MCAPS evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Trust Preferred Securities or the Qualifying Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V VI hereof.
Appears in 2 contracts
Samples: Stock Purchase Contract (Lehman Brothers Holdings Inc), Stock Purchase Contract (Lehman Brothers Holdings Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribeare then customary and standard, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units, Treasury Units and Treasury Cash Settled Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract AgentAgent in its capacity as transfer agent, and the Purchase Contract Agent shall shall, upon receipt of an Issuer Order, authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units, Treasury Units or Treasury Cash Settled Units, as the case may be. At the option of the HolderHolder and upon written notice to the Company and the Purchase Contract Agent, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units, Treasury Units or Treasury Cash Settled Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall shall, upon receipt of an Issuer Order, authenticate, execute on behalf of the HolderHolder as their attorney-in-fact, and deliver to the Holders the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units, Treasury Units or Treasury Cash Settled Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units, Treasury Units or Treasury Cash Settled Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesCertificates and any other fees and expenses incurred by the Company or the Purchase Contract Agent (including, without limitation, the fees of expenses of their respective counsel), other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder as their attorney-in-fact and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(ia) if the Purchase Contract Settlement Date or any Date, an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable settlement date; and
(iib) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer Transfer the Applicable Ownership Interests in DebenturesMandatory Convertible Preferred Stock, the Cash, the Treasury Securities, Security or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying each Unit evidenced by such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (3.16(a) and Article 5 hereof. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Nisource Inc.)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”"SECURITY REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”"SECURITY REGISTRAR"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Phoenix Companies Inc/De), Purchase Contract Agreement (Phoenix Companies Inc/De)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Units Registrar”). The Security Registrar ") and a register (the "Treasury Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate and transfers of Treasury Unit Certificates (the Purchase Contract Agent, in such capacity, the "Treasury Units and Treasury UnitsRegistrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.4, 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesDebt Securities, the Treasury Securities, Portfolio or the Applicable Ownership Interests in the Treasury PortfolioSecurities, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Ohio Casualty Corp), Purchase Contract Agreement (Dqe Capital Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the number of shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Income PRIDES, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the aggregate Stated Amount of the Senior Notes evidenced thereby or the appropriate Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateor (iii) in the case of Growth PRIDES, if a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Affiliated Managers Group Inc), Purchase Contract Agreement (Affiliated Managers Group Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Archer Daniels Midland Co), Purchase Contract and Pledge Agreement (Archer Daniels Midland Co)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units Income PACS and Treasury UnitsGrowth PACS. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PACS or Treasury UnitsGrowth PACS, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PACS or Treasury UnitsGrowth PACS, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PACS or Treasury UnitsGrowth PACS, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PACS or Treasury UnitsGrowth PACS, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to for such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change an Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Cash Settlement or an Early Settlement Date with respect to such other Certificate shall have occurred, or Fundamental Change Early Settlement if a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the appropriate Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Williams Companies Inc), Purchase Contract Agreement (Williams Companies Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for the registration of Unit Certificates evidencing the Normal Units and the Stripped Units and of transfers of Unit Certificates evidencing the Normal Units and the Stripped Units (the Purchase Contract Unit Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar Upon request from any Trustee or the Company, the Unit Agent shall record separately the registration and transfer furnish to such requesting party a copy of the Unit Register for the Unit Certificates evidencing Corporate the Normal Units and Treasury Unitsas promptly as practicable. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Unit Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesUnit Certificates (which, for these purposes, includes a Stripped Unit Creation or a transfer of Pledged Securities as contemplated by Section 504(a)), other than any exchanges pursuant to Section 3.6 Sections 304, 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
shall (ia) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, liquidation or principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof.(d) below shall apply only to Global Unit Certificates:
Appears in 2 contracts
Samples: Master Unit Agreement (Monsanto Co), Master Unit Agreement (Monsanto Co)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, Notes or the Applicable Ownership Interests Interest in the Treasury Portfolio, as applicable, relating to such Normal Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Toys R Us Inc), Purchase Contract Agreement (Toys R Us Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Units Registrar”). The Security Registrar ") and a register (the "Treasury Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate and transfers of Treasury Unit Certificates (the Purchase Contract Agent, in such capacity, the "Treasury Units and Treasury UnitsRegistrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.4, 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Senior Notes or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Keyspan Trust I), Purchase Contract Agreement (Keyspan Trust Iii)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests Debentures or the appropriate Treasury Consideration, as applicable, relating to such Normal Units, or
(iii) in Debenturesthe case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereofFive.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Anthem Inc), Purchase Contract Agreement (Anthem Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "PEPS Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of PEPS Units Certificates and of transfers of PEPS Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "PEPS Units Registrar”). The Security Registrar ") and a register (the "Treasury PEPS Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury PEPS Units Certificates evidencing Corporate and of transfers of Treasury PEPS Units and Certificates (the Purchase Contract Agent, in such capacity, the "Treasury UnitsPEPS Units Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate PEPS Units or Treasury PEPS Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate PEPS Units or Treasury PEPS Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate PEPS Units or Treasury PEPS Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate PEPS Units or Treasury PEPS Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Senior Deferrable Notes or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Ucu Capital Trust I), Purchase Contract Agreement (Ucu Capital Trust I)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract and Pledge Agreement (Genworth Financial Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.the
Appears in 2 contracts
Samples: Purchase Contract Agreement (Prudential Financial Inc), Purchase Contract Agreement (Prudential Financial Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares number of Common Stock Ordinary Shares issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Income PRIDES, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the aggregate Stated Amount of the Preferred Shares evidenced thereby, or (iii) in the case of Growth PRIDES, if a Cash Settlement Termination Event shall have occurredoccurred prior to the Purchase Contract Settlement Date, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificateSecurities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Ace LTD), Purchase Contract Agreement (Ace LTD)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, as applicable, relating to such Normal Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Hawaiian Electric Industries Inc), Purchase Contract Agreement (Pinnacle West Capital Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominationsStated Amounts, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates evidencing Corporate Units or Treasury Units may be exchanged for other Certificates, of any authorized denominations Stated Amounts and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract AgentSecurity Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent Security Registrar may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to the Equity Units evidenced by such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to the Equity Units evidenced by such Certificate, the Third Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Third Stock Purchase Contract Settlement Date or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver to such Holder the shares of Common Stock issuable in respect of the Stock Purchase Contracts forming a part of the Equity Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer each series of Debentures with respect to which the Applicable Ownership Interests in Debentures, the Treasury Securities, applicable Stock Purchase Date has not yet occurred (or the Applicable Ownership Interests an interest in the Treasury PortfolioPortfolio if the Remarketing Settlement Date with respect to such series has occurred) or, in the case of Treasury Units, the applicable Qualifying Treasury Securities pledged in lieu of the Debentures, as the case may be, underlying evidenced thereby, to such other CertificateHolder, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (American International Group Inc), Purchase Contract Agreement (American International Group Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (FPL Group Inc), Purchase Contract Agreement (FPL Group Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”"SECURITY REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”"SECURITY REGISTRAR"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of represented by the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Chubb Corp), Purchase Contract Agreement (Chubb Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office in the Borough of Manhattan, The City of New York, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice in the Borough of Manhattan, The City of New York, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust OfficeOffice in the Borough of Manhattan, The City of New York. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) Agent be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfertransfer to a person other than the Holder. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date or any date on which the Fundamental Change Early Settlement Right is exercised with respect to such Certificate, any Fundamental Change Early Settlement Termination Date with respect to such Certificate, or the Business Day immediately preceding the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable Settlement Date; and
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article 5. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Dominion Resources Inc /Va/), Purchase Contract and Pledge Agreement (Dominion Resources Inc /Va/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office Office, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract AgentAgent in its capacity as transfer agent, and upon receipt of an Issuer Order for authentication, the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the HolderHolder and upon written notice to the Company and the Purchase Contract Agent, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and upon receipt of an Issuer Order for authentication, the Purchase Contract Agent shall authenticate, execute on behalf of the HolderHolder as its attorney-in-fact, and deliver to the Holder the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) Agent be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfertransfer to a person other than the Holder. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder as its attorney-in-fact and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date or any date on which the Fundamental Change Early Settlement Right is exercised with respect to such Certificate, any Fundamental Change Early Settlement Termination Date with respect to such Certificate, or the Business Day immediately preceding the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or) on the applicable Settlement Date; and
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article 5. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificate (including any transfers between or among Beneficial Owners of interests in any Global Certificate) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (South Jersey Industries Inc), Purchase Contract and Pledge Agreement (South Jersey Industries Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Equity Security Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Equity Security Units Certificates and of transfers of Equity Security Units Certificates (the Purchase Contract Agent, in such capacity, the “"Equity Security Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Equity Security Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like aggregate number of Corporate Equity Security Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Equity Security Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Equity Security Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement the Stock Purchase Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or and the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Equity Security Units or Stripped Units, as the case may be, evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Equity Security Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, Consideration or the Applicable Ownership Interests in the Treasury Portfolio, as applicable, relating to such Equity Security Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (El Paso Corp/De), Purchase Contract Agreement (El Paso Corp/De)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which that the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Any transfer of Restricted Units shall be made only upon receipt by the Purchase Contract Agent of such opinions of counsel, certificates and/or other information reasonably required by and satisfactory to it in order to ensure compliance with the Securities Act or in accordance with the terms of the following paragraph. Upon the transfer, exchange or replacement of Units not bearing a Private Placement Legend, the Purchase Contract Agent shall exchange such Units for Units that do not bear a Private Placement Legend. Upon the transfer, exchange or replacement of Units bearing a Private Placement Legend, the Purchase Contract Agent shall deliver only Units that bear a Private Placement Legend unless:
(i) such Units are transferred pursuant to a Registration Statement;
(ii) such Units are transferred pursuant to Rule 144 upon delivery to the Purchase Contract Agent of a certificate of the transferor in a form that may be agreed to between the Company and the Purchase Contract Agent and an Opinion of Counsel reasonably satisfactory to the Purchase Contract Agent and the Company;
(iii) such Units are transferred, replaced or exchanged after the Resale Restriction Termination Date therefor; or
(iv) in connection with such transfer, exchange or replacement, the Purchase Contract Agent and the Company shall have received an Opinion of Counsel and other evidence reasonably satisfactory to it to the effect that neither such Private Placement Legend nor the related restrictions on transfer are required in order to maintain compliance with the provisions of the Securities Act. The Private Placement Legend on any Unit shall be removed at the request of the Holder on or after the Resale Restriction Termination Date therefor. The Company shall deliver to the Purchase Contract Agent an Officers’ Certificate promptly upon effectiveness, withdrawal or suspension of any Registration Statement. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock or Preferred Stock, as applicable, issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Unit Purchase Agreement (PNM Resources Inc), Purchase Contract Agreement (PNM Resources Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office in The City of New York, which is located at 000 Xxxxxxx Xxxxxx, New York, New York 10286, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice in The City of New York, which is located at 000 Xxxxxxx Xxxxxx, New York, New York 10286, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust OfficeOffice in The City of New York, which is located at 000 Xxxxxxx Xxxxxx, New York, New York 10286. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (Great Plains Energy Inc), Purchase Contract and Pledge Agreement (Great Plains Energy Inc)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Share Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Share Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Share Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests Notes or the appropriate Treasury Consideration, as applicable, relating to such Normal Units, or
(iii) in Debenturesthe case of Stripped Units, if a Termination Event shall have occurred prior to the Share Purchase Date, transfer the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Platinum Underwriters Holdings LTD), Purchase Contract Agreement (Platinum Underwriters Holdings LTD)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Type A Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Type A Certificates and of transfers of Type A Certificates (the Purchase Contract Agent, in such capacity, the “Security "Type A Registrar”). The Security Registrar ") and a register (the "Type B Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Type B Certificates evidencing Corporate Units and Treasury Unitstransfers of Type B Certificates (the Agent, in such capacity, the "Type B Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Type A Securities or Treasury UnitsType B Securities, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Type A Securities or Treasury UnitsType B Securities, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Type A Securities or Treasury UnitsType B Securities, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Type A Securities or Treasury UnitsType B Securities, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early a Purchase Contract Settlement Date with respect to and ending on such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or on or after the Termination Date. [In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Type A Securities, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate Stated Amount of the Treasury Securities, Debt Securities or the Applicable Ownership Interests in the Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Type B Securities, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.]
Appears in 2 contracts
Samples: Purchase Contract Agreement (Txu Capital Iv), Purchase Contract Agreement (Oneok Inc /New/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office in New York City, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice in New York City, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust OfficeOffice in New York City. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or a Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (PPL Corp), Purchase Contract and Pledge Agreement (PPL Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”"SECURITY REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”"SECURITY REGISTRAR"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Normal Units and Treasury Stripped Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06, 3.09 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Hartford Financial Services Group Inc/De), Purchase Contract Agreement (Hartford Financial Services Group Inc/De)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “register maintained in such office being herein referred to as the "Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Security Certificates and of transfers of Security Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Security Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Security Certificates of any authorized denominations, of like tenor, denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, Security Certificates may be exchanged for other Security Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities, upon surrender of the Security Certificates to be exchanged at the Corporate Trust Office. Whenever any Security Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Security Certificates which the Holder making the exchange is entitled to receive. All Security Certificates issued upon any registration of transfer or exchange of a Security Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Securities and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Security Certificate surrendered upon such registration of transfer or exchange. Every Security Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Security Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Security Certificates, other than any exchanges pursuant to Section 3.6 Sections 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Security Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Final Settlement Date or the Termination Date. In lieu of delivery of a new Security Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Final Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (Security Certificate, or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Final Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, principal amount or the Applicable Ownership Interests in the Treasury Portfolioliquidation amount, as the case may be, underlying such other Certificateof the Pledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Event1), (2), (3) and Article V hereof.(4) below shall apply only to Global Security Certificates:
Appears in 2 contracts
Samples: Stock Purchase Contract Agreement (CCC Capital Trust Ii), Stock Purchase Contract Agreement (Heftel Capital Trust Ii)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Unit Registrar”). The Security Registrar ") and a register (the "Treasury Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate Units and transfers of Treasury UnitsUnit Certificates (the Agent, in such capacity, the "Treasury Unit Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, Holder and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or of transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Debentures or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying evidenced by such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereofFive.
Appears in 2 contracts
Samples: Purchase Contract Agreement (New Nisource Inc), Purchase Contract Agreement (New Nisource Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Unit Certificates and of transfers of Normal Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Unit Registrar”). The Security Registrar ") and a register (the "Stripped Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Unit Certificates evidencing Corporate Units and Treasury Unitstransfers of Stripped Unit Certificates (the Agent, in such capacity, the "Stripped Unit Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares number of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate Stated Amount of the Treasury Securities, Debt Securities or the Applicable Ownership Interests in the Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Stripped Units, underlying such other Certificateif a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Dte Energy Co), Purchase Contract Agreement (Dte Energy Co)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the register maintained in such office or in any other office or agency designated pursuant to Section 10.2 being herein referred to as “Security Normal Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security Normal Units Registrar”) and a register (the register maintained in such office or in any other office or agency designated pursuant to Section 10.2 being herein referred to as the “Stripped Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of the Stripped Units Certificates and of transfers of Stripped Units Certificates (the Purchase Contract Agent, in such capacity, the “Stripped Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. .
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust OfficeOffice or such office or agency designated pursuant to Section 10.2, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Officesuch office or agency. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.6, Section 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to issue or execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the fifth Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Date or a Fundamental Change Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Ordinary Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Notes or the Treasury SecuritiesConsideration, or the Applicable Ownership Interests as applicable, relating to such Normal Units, or
(iii) in the case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Stock Purchase Units and Treasury Stock Purchase Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Stock Purchase Units or Treasury Stock Purchase Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to for such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change an Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Cash Settlement or an Early Settlement Date with respect to such other Certificate shall have occurred, or Fundamental Change Early Settlement if a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures[SUBORDINATED] Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (El Paso Capital Trust Ii)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent Company shall keep cause to be kept at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Company shall provide for the registration of Certificates Securities and of transfers of Certificates (the Securities. The Purchase Contract Agent, in such capacity, Agent is hereby initially appointed Security Registrar (the “Security Registrar”)) for the purpose of registration of Securities and transfers of Securities as provided herein. The Security Registrar shall record separately the registration and transfer of the Certificates Securities evidencing Corporate Units and Treasury UnitsPurchase Contracts. Upon surrender for registration of transfer of any Certificate Security at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates Securities of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury UnitsPurchase Contracts, as the case may be. At the option of the Holder, Certificates Securities may be exchanged for other CertificatesSecurities, of any authorized denominations and evidencing a like number of Corporate Units or Treasury UnitsPurchase Contracts, as the case may be, upon surrender of the Certificates Securities to be exchanged at the Corporate Trust Office. Whenever any Certificates Securities are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates Securities which the Holder making the exchange is entitled to receive. All Certificates Securities issued upon any registration of transfer or exchange of a Certificate Security shall evidence the ownership of the same number of Corporate Units or Treasury UnitsPurchase Contracts, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury UnitsPurchase Contracts, as the case may be, evidenced by the Certificate Security surrendered upon such registration of transfer or exchange. Every Certificate Security presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof thereof, or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a CertificateSecurity, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesSecurities, other than any exchanges pursuant to Section 3.6 3.06 and Section 8.5 9.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and or deliver any Certificate Security in exchange for any other Certificate Security presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of the Mandatory Settlement Date, any Early Settlement Date with respect to an Early Settlement for such Certificate, Security or any Early Mandatory Settlement Date with respect to an Early Mandatory Settlement at the Company’s Election or any Fundamental Change Early Settlement Date with respect to an Early Settlement Upon A Fundamental Change for such Certificate, the Purchase Contract Settlement Date or the Termination DateSecurity. In lieu of delivery of a new CertificateSecurity, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) , if the Purchase Contract Mandatory Settlement Date or Date, any Early Settlement Date or Fundamental Change Early Settlement Date with respect to an Early Settlement for such other Certificate (Security or portion thereof) any Early Mandatory Settlement Date with respect to an Early Settlement at the Company’s Election has occurred, deliver the shares of Common Stock issuable deliverable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Security (or portion thereof)together, or
(ii) if a Termination Eventwhere applicable, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to with the Purchase Contract Settlement DateSeparate Amortizing Note, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereofSecurity that is a Unit).
Appears in 1 contract
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Equity Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Equity Units Certificates and of transfers of Equity Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Equity Units Registrar”). The Security Registrar ") and a register (the "Equity Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Equity Units Certificates evidencing Corporate and transfers of Equity Units and Treasury Units. Certificates (the Agent, in such capacity, the "Equity Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Equity Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Equity Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Equity Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Equity Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Forward Purchase Contracts forming a part of the Equity Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury PortfolioStripped Units, as the case may be, underlying evidenced by such other Certificate,
(ii) in the case of Equity Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interest in the Treasury Portfolio, as applicable, relating to such Equity Units, or
(iii) in the case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such Stripped Xxxxx, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security SPC Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of SPC Units Certificates and of transfers of SPC Units Certificates (the Purchase Contract Agent, in such capacity, the “Security SPC Units Registrar”) and a register (the “Treasury SPC Units Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of the Treasury SPC Units Certificates and of transfers of Treasury SPC Units Certificates (the Purchase Contract Agent, in such capacity, the “Treasury SPC Units Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate SPC Units or Treasury SPC Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate SPC Units or Treasury SPC Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate SPC Units or Treasury SPC Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date and ending on such Purchase Contract Settlement Date, or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the [Preferred Securities,] Notes, Treasury Securities [or the appropriate Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, ,] as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (PPL Capital Funding Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a Register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units following Collateral Substitutions and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Kennametal Financing I)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent Registrar shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Registrar shall provide for the registration of Certificates and of transfers of Certificates Units (the Purchase Contract Agent, in such capacity, the “Security RegistrarUnit Register”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Unit Certificate to the Agent at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like the same number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Unit Certificates, of any authorized denominations and evidencing a like the same number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, authenticate and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company Agent or the Purchase Contract AgentCompany) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but Unit Certificate and the Company and shall pay, to the Purchase Contract Agent may require payment from the Holder of a sum extent permitted by applicable law, such amount as is sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Unit Certificates, other than including any exchanges pursuant to Section 3.6 Sections 2.13 and Section 8.5 9.04 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Samples: Master Agency Agreement (Chartered Semiconductor Manufacturing LTD)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “register maintained in such office being herein referred to as the "Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Security Certificates and of transfers of Security Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Security Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Security Certificates of any authorized denominations, of like tenor, denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, Security Certificates may be exchanged for other Security Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities, upon surrender of the Security Certificates to be exchanged at the Corporate Trust Office. Whenever any Security Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Security Certificates which the Holder making the exchange is entitled to receive. All Security Certificates issued upon any registration of transfer or exchange of a Security Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Securities and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Security Certificate surrendered upon such registration of transfer or exchange. Every Security Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Security Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Security Certificates, other than any exchanges pursuant to Section 3.6 Sections 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Security Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Final Settlement Date or the Termination Date. In lieu of delivery of a new Security Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Final Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (Security Certificate, or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Final Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificateUnderlying Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof. The provisions of Clauses (1), (2), (3) and (4) below shall apply only to Global Security Certificates:
1. Each Global Security Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of the Depositary designated for such Global Security Certificate or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security Certificate shall constitute a single Security Certificate for all purposes of this Agreement.
2. Notwithstanding any other provision in this Agreement, no Global Security Certificate may be exchanged in whole or in part for Security Certificates registered, and no transfer of a Global Security Certificate in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security Certificate or a nominee thereof unless (A) such Depositary (i) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Security Certificate or (ii) has ceased to be a clearing agency registered under the Exchange Act or (B) there shall have occurred and be continuing a default by the Company in respect to its obligations under one or more Purchase Contracts.
3. Subject to Clause (2) above, any exchange of a Global Security Certificate for other Security Certificates may be made in whole or in part, and all Security Certificates issued in exchange for a Global Security Certificate or any portion thereof shall be registered in such names as the Depositary for such Global Security Certificate shall direct.
4. Every Security Certificate authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Global Security Certificate or any portion thereof, whether pursuant to this Section, Section 3.04, 3.06, 5.09 or 8.05 or otherwise, shall be authenticated, executed on behalf of the Holders and delivered in the form of, and shall be, a Global Security Certificate, unless such Security Certificate is registered in the name of a Person other than the Depositary for such Global Security Certificate or a nominee thereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Financial Security Assurance Holdings LTD/Ny/)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Purchase Contract Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company TECO shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company TECO shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company TECO and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company TECO and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will TECO shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, transfer the Trust Preferred Securities or the appropriate Treasury Consideration, as applicable, relating to such Normal Units, or (iii) in the case of Stripped Units, if a Cash Settlement Termination Event shall have occurredoccurred prior to the Purchase Contract Settlement Date, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereofFive.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “register maintained in such office being herein referred to as the "Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Security Certificates and of transfers of Security Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Security Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Security Certificates of any authorized denominations, of like tenor, denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, Security Certificates may be exchanged for other Security Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities, upon surrender of the Security Certificates to be exchanged at the Corporate Trust Office. Whenever any Security Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Security Certificates which the Holder making the exchange is entitled to receive. All Security Certificates issued upon any registration of transfer or exchange of a Security Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Securities and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Security Certificate surrendered upon such registration of transfer or exchange. Every Security Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Security Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Security Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Security Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Final Settlement Date or the Termination Date. In lieu of delivery of a new Security Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Purchase Contract Final Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (Security Certificate, or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Final Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, principal amount or the Applicable Ownership Interests in the Treasury Portfolioliquidation amount, as the case may be, underlying such other Certificateof the Pledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with 1), (2), (3) and (4) below shall apply only to Global Security Certificates:
(1) Each Global Security Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of the Depositary designated for such Global Security Certificate or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, an each such Global Security Certificate shall constitute a single Security Certificate for all purposes of this Agreement.
(2) Notwithstanding any other provision in this Agreement, no Global Security Certificate may be exchanged in whole or in part of Security Certificates registered, and no transfer for a Global Security Certificate in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security Certificate or a nominee thereof unless (A) such Depositary (i) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Security Certificate or (ii) has ceased to be a clearing agency registered under the Exchange Act or (b) there shall have occurred and be continuing a default by the Company in respect to its obligations under one or more Purchase Contracts.
(3) Subject to Clause (2) above, any exchange of a Termination EventGlobal Security Certificate for other Security Certificates may be made in whole or in part, and all Security Certificates issued in exchange for a Global Security Certificate or any portion thereof shall be registered in such names as the Depositary for such Global Security Certificate shall direct.
(4) Every Security Certificate authenticated and Article V hereofdelivered upon registration of transfer of, or in exchange for or in lieu of, a Global Security Certificate or any portion thereof, whether pursuant to this Section, Section 3.04, 3.06, 5.09 or 8.05 or otherwise, shall be authenticated, executed on behalf of the Holders and delivered in the form of, and shall be, a Global Security Certificate, unless such Security Certificate is registered in the name of a Person other than the Depositary for such Global Security Certificate or a nominee thereof.
Appears in 1 contract
Samples: Stock Purchase Contract Agreement (Radio One Licenses LLC)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.05(ii) and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), ; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSubordinated Notes, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (E Trade Financial Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Share Purchase Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Share Purchase Unit Certificates and of transfers of Share Purchase Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Share Purchase Unit Registrar”). The Security Registrar ") and a register (the "Treasury Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate Units and of transfers of Treasury UnitsUnit Certificates (the Agent, in such capacity, the "Treasury Unit Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Share Purchase Units or Treasury Units, Units as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Share Purchase Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Share Purchase Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Share Purchase Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Share Purchase Contract Settlement Date or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (i) if the Share Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Share Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof)Certificate, or
(ii) in the case of Share Purchase Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Share Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, aggregate principal amount of the Treasury Securities, Debt Securities or the Applicable Ownership Interests in aggregate Stated Amount of the appropriate Treasury Portfolio, as applicable, evidenced thereby, or (iii) in the case may beof Treasury Units, underlying such other Certificateif a Termination Event shall have occurred prior to the Share Purchase Contract Settlement Date, transfer the Treasury Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Samples: Share Purchase Contract Agreement (Firstenergy Corp)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Income PRIDES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Income PRIDES Certificates and of transfers of Income PRIDES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Income PRIDES Registrar”). The Security Registrar ") and a register (the "Growth PRIDES Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Growth PRIDES Certificates evidencing Corporate Units and Treasury Unitstransfers of Growth PRIDES Certificates (the Agent, in such capacity, the "Growth PRIDES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units Income PRIDES or Treasury Units, Growth PRIDES as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Income PRIDES or Treasury UnitsGrowth PRIDES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early a Purchase Contract Settlement Date with respect to and ending on such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Texas Utilities Co /Tx/)
Registration, Registration of Transfer and Exchange. The Purchase Contract Warrant Agent shall keep at the Corporate Trust Office a register (the “Security Register”"SECURITY REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Warrant Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Warrant Agent, in such capacity, the “Security Registrar”"SECURITY REGISTRAR"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Equity Units and Treasury Equity Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Warrant Agent, and the Purchase Contract Warrant Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Equity Units or Treasury Equity Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Equity Units or Treasury Equity Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Warrant Agent, and the Purchase Contract Warrant Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Equity Units or Treasury Equity Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Equity Units or Treasury Equity Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Warrant Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentWarrant Agent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Warrant Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Warrant Agent, and the Purchase Contract Warrant Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Warrant Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Warrant Agent shall:
(i) if the Purchase Contract Warrant Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, upon receipt of shares of Common Stock from the Company's Transfer Agent, deliver the shares of Common Stock issuable in respect of the Purchase Contracts Warrants forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Warrant Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the appropriate Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V ARTICLE 5 hereof.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate PIES Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate PIES Certificates and of transfers of Corporate PIES Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate PIES Registrar”). The Security Registrar ") and a register (the "Treasury PIES Register") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall record separately provide for the registration and transfer of the Treasury PIES Certificates evidencing Corporate Units and transfers of Treasury UnitsPIES Certificates (the Purchase Contract Agent, in such capacity, the "Treasury PIES Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units PIES or Treasury UnitsPIES, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units PIES or Treasury UnitsPIES, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units PIES or Treasury UnitsPIES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i1) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii2) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Senior Notes or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Dominion Resources Inc /Va/)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange 25 of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Interest in the Treasury Portfolio, as applicable, relating to such Normal Units, or
(iii) in the case may beof Stripped Units, underlying if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate HiMEDS Units and Treasury HiMEDS Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate HiMEDS Units or Treasury HiMEDS Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate HiMEDS Units or Treasury HiMEDS Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate HiMEDS Units or Treasury HiMEDS Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate HiMEDS Units or Treasury HiMEDS Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or Fundamental Change a Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the HiMEDS Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof5.
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (Avery Dennison Corporation)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.,
Appears in 1 contract
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. .
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06, 3.09 and Section 8.5 8.05 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Notes or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificateSecurities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “register maintained in such office being herein referred to as the "Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Security Certificates and of transfers of Security Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Security Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Security Certificates of any authorized denominations, of like tenor, denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, if definitive Security Certificates are issued, Security Certificates may be exchanged for other Security Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities, upon surrender of the Security Certificates to be exchanged at the Corporate Trust Office. Whenever any Security Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Security Certificates which the Holder making the exchange is entitled to receive. All Security Certificates issued upon any registration of transfer or exchange of a Security Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Securities and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Security Certificate surrendered upon such registration of transfer or exchange. Every Security Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Security Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Security Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06, 5.10, and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Security Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding Final Settlement Date, an earlier Acceleration Date with respect to the earliest to occur of any Securities evidenced by such Certificates, a Holder's Early Settlement Date with respect to the Securities evidenced by such Certificate, any Fundamental Change Early Certificates or after the Purchase Contracts have terminated. In lieu of the delivery of a replacement Security Certificate following the Final Settlement Date or an earlier Acceleration Date with respect to the Securities evidenced by such CertificateCertificates, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new CertificateAgent, upon satisfaction of any conditions set forth herein, will deliver the applicable Common Stock issuable pursuant to the Purchase Contracts included in the Securities evidenced by such Certificate, or, if the Purchase Contracts have terminated prior to the Final Settlement Date or a Holder's Early Settlement Date has occurred, upon satisfaction of any conditions specified above set forth herein, transfer the Treasury Notes included in the Securities evidenced by such Certificate. The provisions of Clauses (a), (b), (c) and (d) below shall apply only to Global Security Certificates:
(a) Each Global Security Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of Cede & Co., as nominee of DTC as set forth in Section 2.1.
(b) Notwithstanding any other provision in this Section 3.5 Agreement, no Global Security Certificate may be exchanged in whole or in part for Security Certificates registered, and receipt no transfer of appropriate registration a Global Security Certificate in whole or transfer instructions from in part may be registered, in the name of any Person other than DTC for such Holder, the Purchase Contract Agent shall
Global Security Certificate or a nominee thereof unless (A) DTC (i) if has notified the Purchase Contract Settlement Date Company that it is unwilling or any Early Settlement Date unable to continue as Depositary for such Global Security Certificate or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if has ceased to be a Termination Event, Early Settlement Clearing Agency registered under the Exchange Act or Fundamental Change Early Settlement (B) there shall have occurred prior and be continuing a default by the Company in respect to the its obligations under one or more Purchase Contract Settlement DateContracts.
(c) Subject to clause (b) above, any exchange of a Global Security Certificate for other Security Certificates may be made in whole or in part, and all Security Certificates issued in exchange for a Global Security Certificate or any portion thereof shall be registered in such names as DTC shall direct.
(d) Every Security Certificate authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Cash Settlement Global Security Certificate or any portion thereof, whether pursuant to this Section, Section 3.04, 3.06, 5.10 or 8.5 or otherwise, shall have occurredbe authenticated, transfer executed on behalf of the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Holders and delivered in the Treasury Portfolioform of, as the case may and shall be, underlying such other a Global Security Certificate, unless such Security Certificate is registered in each case subject to the applicable conditions and in accordance with name of a Person other than the applicable provisions of Depositary for such Global Security Certificate or a nominee thereof. Section 3.15 (with respect to a Termination Event) and Article V hereof3.06.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent Company shall keep cause to be kept at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Company shall provide for the registration of Certificates and of transfers of Certificates (the Certificates. The Purchase Contract Agent, in such capacity, Agent is hereby initially appointed Security Registrar (the “Security Registrar”)) for the purpose of registration of Certificates and transfers of Certificates as provided herein. The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury UnitsPurchase Contracts. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may bePurchase Contracts. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may bePurchase Contracts, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Purchase Contracts and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Purchase Contracts evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof thereof, or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and or deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of the Purchase Contract Settlement Date, any Acceleration Date or any Early Settlement Date with respect to a Merger Early Full Settlement for such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) , if the Purchase Contract Settlement Date, any Acceleration Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to a Merger Early Full Settlement for such other Certificate (or portion thereof) has occurred, deliver the shares of HRH Common Stock issuable Stock, cash or other Exchange Property, if any, deliverable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Phoenix Companies Inc/De)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate Unit Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate Unit Certificates and of transfers of Corporate Unit Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate Unit Registrar”). The Security Registrar ") and a register (the "Treasury Unit Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury Unit Certificates evidencing Corporate Units and transfers of Treasury UnitsUnit Certificates (the Agent, in such capacity, the "Treasury Unit Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, Units as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section Sections 3.6 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange during the period commencing on or after the Business Day immediately preceding the earliest to occur of any Early a Purchase Contract Settlement Date with respect to and ending on such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or on or after the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificate, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “register maintained in such office being herein referred to as the "Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Security Certificates and of transfers of Security Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Security Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Security Certificates of any authorized denominations, of like tenor, denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, Security Certificates may be exchanged for other Security Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities, upon surrender of the Security Certificates to be exchanged at the Corporate Trust Office. Whenever any Security Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Security Certificates which the Holder making the exchange is entitled to receive. All Security Certificates issued upon any registration of transfer or exchange of a Security Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, Securities and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Security Certificate surrendered upon such registration of transfer or exchange. Every Security Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Security Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Security Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Security Certificate presented or surrendered for registration of transfer or for exchange on or after a Bankruptcy Date or a Settlement Date. The provisions of Clauses (a), (b), (c) and (d) below shall apply only to Global Security Certificates:
(a) Each Global Security Certificate authenticated and executed on behalf of the Business Day immediately preceding Holders under this Agreement shall be registered in the earliest name of the Depositary designated for such Global Security Certificate or a nominee thereof and delivered to occur such Depositary or a nominee thereof or custodian therefor, and each such Global Security Certificate shall constitute a single Security Certificate for all purposes of this Agreement.
(b) Notwithstanding any other provision in this Agreement, no Global Security Certificate may be exchanged in whole or in part for Security Certificates registered, and no transfer of a Global Security Certificate in whole or in part may be registered, in the name of any Early Settlement Date with respect to Person other than the Depositary for such Certificate, any Fundamental Change Early Settlement Date with respect to Global Security Certificate or a nominee thereof unless (A) such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
Depositary (i) if has notified the Purchase Contract Settlement Date Company that it is unwilling or any Early Settlement Date unable to continue as Depositary for such Global Security Certificate or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), or
(ii) if has ceased to be a Termination Event, Early Settlement clearing agency registered under the Exchange Act or Fundamental Change Early Settlement (B) there shall have occurred prior and be continuing a default by the Company in respect to its obligations under one or more Purchase Contracts.
(c) Subject to Clause (b) above, any exchange of a Global Security Certificate for other Security Certificates may be made in whole or in part, and all Security Certificates issued in exchange for a Global Security Certificate or any portion thereof shall be registered in such names as the Purchase Contract Settlement DateDepositary for such Global Security Certificate shall direct.
(d) Every Security Certificate authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Cash Settlement Global Security Certificate or any portion thereof, whether pursuant to this Section, Section 3.04, 3.06, 5.10 or 8.05 or otherwise, shall have occurredbe authenticated, transfer executed on behalf of the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests Holders and delivered in the Treasury Portfolioform of, as the case may and shall be, underlying such other a Global Security Certificate, unless such Security Certificate is registered in each case subject to the applicable conditions and in accordance with name of a Person other than the applicable provisions of Section 3.15 (with respect to Depositary for such Global Security Certificate or a Termination Event) and Article V hereofnominee thereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Sunamerica Capital Trust Vi)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent Company and the Note Issuer shall keep cause to be kept at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent Company and the Note Issuer shall provide for the registration of Certificates Definitive Units and of transfers of Certificates Definitive Units. The Units Agent is hereby initially appointed Security Registrar (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately ) for the purpose of registration and transfer of the Certificates evidencing Corporate Definitive Units and Treasury Unitstransfers of Definitive Units as provided herein. Upon surrender for registration of transfer of any Certificate Definitive Unit at the Corporate Trust Office, the Company and the Note Issuer shall execute and deliver to the Purchase Contract Units Agent, and the Purchase Contract Units Agent shall authenticate, execute on behalf of the designated transferee or transferees, authenticate and deliver, in the name of to the designated transferee or transferees, one or more new Certificates Definitive Units of any authorized denominations, of like tenor, and evidencing a like number aggregate stated amount of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates Definitive Units may be exchanged for other CertificatesDefinitive Units, of any authorized denominations denomination and evidencing a like number aggregate stated amount of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates Definitive Units to be exchanged at the Corporate Trust Office. Whenever any Certificates Definitive Units are so surrendered for exchange, the Company and the Note Issuer shall execute and deliver to the Purchase Contract Units Agent, and the Purchase Contract Units Agent shall authenticate, execute on behalf of the Holder, authenticate and deliver the Certificates Definitive Units which the Holder making the exchange is entitled to receive. All Certificates Definitive Units issued upon any registration of transfer or exchange of a Certificate Definitive Unit shall evidence the ownership of the same number aggregate stated amount of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Definitive Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate Definitive Unit presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Units Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company Company, the Note Issuer and the Purchase Contract Agent, Units Agent duly executed by the Holder thereof thereof, or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a CertificateDefinitive Unit, but the Company and or the Purchase Contract Units Agent on behalf of the Company may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesDefinitive Units, other than any exchanges pursuant to Section 3.6 3.06 and Section 8.5 7.05 not involving any transfer. Notwithstanding the foregoing, the Company will and the Note Issuer shall not be obligated to execute and deliver to the Purchase Contract Units Agent, and the Purchase Contract Units Agent will shall not be obligated to authenticate, execute on behalf of the Holder and authenticate or deliver any Certificate Definitive Unit in exchange for any other Certificate presented or Definitive Unit (i) if the Exchangeable Note included in such Unit has been surrendered for registration exchange for shares of transfer Class A common stock of the Company pursuant to the Exchangeable Notes Indenture, (ii) the Exchangeable Note and/or the Amortizing Note included in such Unit has been surrendered for required repurchase or for exchange (iii) on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such CertificateDecember 1, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date2017. In lieu of delivery of a new CertificateDefinitive Unit, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(ix) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate relevant Exchangeable Note has been so exchanged, the Note Issuer (or portion thereofthe Company on its behalf) has occurred, shall deliver to the Holder or its designee the shares of Common Stock issuable its Class A common stock deliverable upon such exchange (together with cash in respect lieu of any fractional share) pursuant to the Exchangeable Notes Indenture, and if the Amortizing Note included in such Unit will remain outstanding beyond the settlement date for the consideration due upon exchange, the Note Issuer shall deliver a certificate for a Separate Amortizing Note to the Holder or its designated transferee, (y) if either or both Notes included in such Unit have been surrendered for required repurchase, the Note Issuer shall make the required payment on each Note so surrendered pursuant to the terms of the Purchase Contracts forming applicable Indenture and if either Note will remain outstanding after such required repurchase, the Note Issuer shall deliver a part of certificate for the Units evidenced by Separate Note to remain outstanding and (z) if the Notes included in such other Certificate Unit have become due and payable on the Maturity Date (or portion thereofas defined in the Exchangeable Notes Indenture), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement the Note Issuer shall have occurred prior to make the Purchase Contract Settlement Date, or a Cash Settlement required principal payment on the Exchangeable Note and shall have occurred, transfer make the Applicable Ownership Interests in Debentures, final Installment Payment on the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificateAmortizing Note, in each case subject case, pursuant to the applicable conditions and in accordance with terms of the applicable provisions of Section 3.15 (with respect to a Termination Event) Note and Article V hereofthe applicable Indenture.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Upper DECS Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Upper DECS Certificates and of transfers of Upper DECS Certificates (the Purchase Contract Agent, in such capacity, the “Security "Upper DECS Registrar”). The Security Registrar ") and a register (the "Stripped DECS Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped DECS Certificates evidencing Corporate Units and Treasury Units. transfers of Stripped DECS Certificates (the Agent, in such capacity, the "Stripped DECS Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized like tenor and denominations, of like tenor, and evidencing a like number of Corporate Units Upper DECS or Treasury UnitsStripped DECS, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Units Upper DECS or Treasury UnitsStripped DECS, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units Upper DECS or Treasury UnitsStripped DECS, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units Upper DECS or Treasury UnitsStripped DECS, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.4, 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (Upper DECS or portion thereof), or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury PortfolioStripped DECS, as the case may be, underlying evidenced by such other Certificate,
(ii) in the case of Upper DECS, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Notes or the appropriate Treasury Consideration or Applicable Ownership Interest in the Treasury Portfolio, as applicable, relating to such Upper DECS, or
(iii) in the case of Stripped DECS, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities relating to such Stripped DECS, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for the registration of Unit Certificates evidencing the Normal Units and the Stripped Units and of transfers of Unit Certificates evidencing the Normal Units and the Stripped Units (the Purchase Contract Unit Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Unit Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesUnit Certificates (which, for these purposes, includes a Stripped Unit Creation or Normal Unit Recreation), other than any exchanges pursuant to Section 3.6 Sections 304, 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Final Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
shall (ia) if the Purchase Contract Final Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Purchase Contract Final Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof(d) below shall apply only to Global Unit Certificates:
(a) Each Global Unit Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of the Depositary designated for such Global Unit Certificate or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Unit Certificate shall constitute a single Unit Certificate for all purposes of this Agreement.
(b) Notwithstanding any other provision in this Agreement, no Global Unit Certificate may be exchanged in whole or in part for Unit Certificates registered, and no transfer of a Global Unit Certificate in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Unit Certificate or a nominee thereof unless (i) such Depositary (x) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Unit Certificate or (y) has ceased to be a clearing agency registered under the Exchange Act or (ii) there shall have occurred and be continuing a default by the Company in respect of its obligations under one or more Principal Agreements.
(c) Subject to Clause (b) above, any exchange of a Global Unit Certificate for other Unit Certificates may be made in whole or in part, and all Unit Certificates issued in exchange for a Global Unit Certificate or any portion thereof shall be registered in such names as the Depositary for such Global Unit Certificate shall direct.
(d) Every Unit Certificate authenticated and delivered upon registration of transfer of, in exchange for or in lieu of a Global Unit Certificate or any portion thereof, whether pursuant to this Section, Section 304, 306, 309, 310 or 805 or otherwise, shall be authenticated, executed on behalf of the Holders and delivered in the form of, and shall be, a Global Unit Certificate, unless such Unit Certificate is registered in the name of a Person other than the Depositary for such Global Unit Certificate or a nominee thereof.
Appears in 1 contract
Samples: Master Unit Agreement (Southern Co)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Corporate SPUS Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Corporate SPUS Certificates and of transfers of Corporate SPUS Certificates (the Purchase Contract Agent, in such capacity, the “Security "Corporate SPUS Registrar”). The Security Registrar ") and a register (the "Treasury SPUS Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Treasury SPUS Certificates evidencing Corporate Units and of transfers of Treasury UnitsSPUS Certificates (the Agent, in such capacity, the "Treasury SPUS Registrar"). Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like aggregate number of Corporate Units SPUS or Treasury UnitsSPUS, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units SPUS or Treasury UnitsSPUS, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate Units SPUS or Treasury UnitsSPUS, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units SPUS or Treasury UnitsSPUS, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.10 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, Shares or the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Samples: Purchase Contract Agreement (Dominion Resources Inc /Va/)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests Notes or the appropriate Treasury Consideration, as applicable, relating to such Normal Units, or
(iii) in Debenturesthe case of Stripped Units, if a Termination Event shall have occurred prior to the Stock Purchase Date, transfer the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Xxxxx, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 3.04, Section 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement Settlement, or Fundamental Change Cash Merger Early Settlement shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesSenior Notes, the Treasury Securities, or the appropriate Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V 5 hereof.
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (Southern Union Co)
Registration, Registration of Transfer and Exchange. (a) The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “Security "Normal Units Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Normal Units Certificates and of transfers of Normal Units Certificates (the Purchase Contract Agent, in such capacity, the “Security "Normal Units Registrar”). The Security Registrar ") and a register (the "Stripped Units Register") in which, subject to such reasonable regulations as it may prescribe, the Agent shall record separately provide for the registration and transfer of the Stripped Units Certificates evidencing Corporate and transfers of Stripped Units and Treasury Units. Certificates (the Agent, in such capacity, the "Stripped Units Registrar").
(b) Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliverdeliver one or more new Certificates of like tenor and denominations, registered in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. .
(c) At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized like tenor and denominations and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. .
(d) All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. .
(e) Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract Agent, Agent duly executed by the Holder thereof or its attorney duly authorized in writing. .
(f) No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange 26 of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.9 and Section 8.5 not involving any transfer. .
(g) Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver deliver, any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur earlier of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Share Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall,
(i) if the Share Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), orCertificate,
(ii) in the case of Normal Units, if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Share Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests Notes or the appropriate Treasury Consideration, as applicable, relating to such Normal Units, or
(iii) in Debenturesthe case of Stripped Units, if a Termination Event shall have occurred prior to the Share Purchase Date, transfer the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities relating to such other CertificateStripped Units, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V hereof.V.
Appears in 1 contract
Samples: Purchase Contract Agreement (Platinum Underwriters Holdings LTD)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep maintain at the Corporate Trust Office a register (the “Security Register”"REGISTER") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “Security Registrar”"REGISTRAR"). The Register shall be in written form or in any other form capable of being converted to written form within a reasonable time. No beneficial interest in a Warrant or a Preferred Security Registrar that is a component of a Unit represented by a Certificate may be transferred or exchanged (except by a transfer or exchange of such Unit) until such components have been separated in accordance with Section 3.6 hereof, and each Certificate shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. bear a legend to that effect as set forth in Exhibit A. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, and subject to compliance under this Section 3.5, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may beSecurities. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, Securities upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, and subject to compliance under this Section 3.5, the Company and the Trust shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may beSecurities, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units or Treasury Units, as the case may be, Securities evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, properly endorsed or be accompanied by a appropriate written instrument instruments of transfer and written instructions for transfer, all in form satisfactory to the Company Company, the Trust and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney by the duly appointed legal representative thereof, or a duly authorized in writingattorney, such signature to be guaranteed by (a) a bank or trust company, (b) a broker or dealer that is a member of the National Association of Securities Dealers, Inc. (the "NASD") or (c) a member of a national securities exchange. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.6, 3.7 and Section 8.5 not involving any transfer. Notwithstanding the foregoing, the Company will and the Trust shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder authenticate and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Expiration Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
(i) if the Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, shall deliver the consideration received on such Expiration Date (which may be shares of Common Stock issuable in respect of the Purchase Contracts exercise of Warrants forming a part of the Units Securities evidenced by such other Certificate (Certificate, Warrant Redemption Amount receivable upon a Redemption of such Warrants or portion thereof), or
(ii) if Remarketing Proceeds receivable upon a Termination Event, Early Settlement or Fundamental Change Early Settlement shall have occurred prior to contemporaneous Remarketing of the Purchase Contract Settlement Date, or Preferred Securities forming a Cash Settlement shall have occurred, transfer part of the Applicable Ownership Interests in Debentures, the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying Securities evidenced by such other Certificate), in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Unit Certificates evidencing the Units and of transfers of Unit Certificates evidencing Units (the Purchase Contract Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar Upon request from any Trustee or the Company, the Purchase Contract Agent shall record separately the registration and transfer furnish to such requesting party a copy of the Unit Register for the Unit Certificates evidencing Corporate the Units and Treasury Unitsas promptly as practicable. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Units or Treasury Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Unit Certificates, other than any exchanges pursuant to Section 3.6 Sections 304, 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Share Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall
shall (ia) if the Share Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Share Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, liquidation or principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof.(d) below shall apply only to Global Unit Certificates:
Appears in 1 contract
Samples: Purchase Contract Agreement (Forest City Enterprises Inc)
Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units and Treasury Units. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations under this Agreement as the Corporate Units or Treasury Units, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date (including upon any Cash Settlement) or any an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Ordinary Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the appropriate Applicable Ownership Interests Interest in the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (and Article Five hereof. The Purchase Contract Agent shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Agreement or under applicable law with respect to a Termination Eventany transfer of any interest in any Certificates (including any transfers between or among Depositary Participants or beneficial owners of interests in any Certificate in global form) other than to require delivery of such certificates and Article V other documentation or evidence as are expressly required by, and to do so if and when expressly required by, and to do so if and when expressly required by the terms of, this Agreement, and to examine the same to determine substantial compliance as to form with the express requirements hereof. The Purchase Contract Agent shall have no responsibility for any actions taken or not taken by the Depositary.
Appears in 1 contract
Samples: Purchase Contract Agreement (Scottish Annuity & Life Holdings LTD)
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for the registration of Unit Certificates evidencing the Units and of transfers of Unit Certificates evidencing Units (the Purchase Contract Unit Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar Upon request from any Trustee or the Company, the Unit Agent shall record separately the registration and transfer furnish to such requesting party a copy of the Unit Register for the Unit Certificates evidencing Corporate the Units and Treasury Unitsas promptly as practicable. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units or Treasury Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Units or Treasury Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Units or Treasury Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Units or Treasury Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Unit Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesUnit Certificates (which, for these purposes, includes a transfer of Pledged Securities as contemplated by Section 504(a)), other than any exchanges pursuant to Section 3.6 Sections 304, 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
shall (ia) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock Shares issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, liquidation or principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof(d) below shall apply only to Global Unit Certificates:
(a) Each Global Unit Certificate authenticated and executed on behalf of the Holders under this Agreement shall be registered in the name of the Depositary designated for such Global Unit Certificate or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Unit Certificate shall constitute a single Unit Certificate for all purposes of this Agreement.
(b) Notwithstanding any other provision in this Agreement, no Global Unit Certificate may be exchanged in whole or in part for Unit Certificates registered, and no transfer of a Global Unit Certificate in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Unit Certificate or a nominee thereof unless (i) such Depositary (x) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Unit Certificate or (y) has ceased to be a clearing agency registered under the Exchange Act or (ii) there shall have occurred and be continuing a default by the Company in respect of its obligations under one or more Principal Agreements.
(c) Subject to Clause (b) above, any exchange of a Global Unit Certificate for other Unit Certificates may be made in whole or in part, and all Unit Certificates issued in exchange for a Global Unit Certificate or any portion thereof shall be registered in such names as the Depositary for such Global Unit Certificate shall direct.
(d) Every Unit Certificate authenticated and delivered upon registration of transfer of, in exchange for or in lieu of a Global Unit Certificate or any portion thereof, whether pursuant to this Section, Section 304, 306 or 805 or otherwise, shall be authenticated, executed on behalf of the Holders and delivered in the form of, and shall be, a Global Unit Certificate, unless such Unit Certificate is registered in the name of a Person other than the Depositary for such Global Unit Certificate or a nominee thereof.
Appears in 1 contract
Registration, Registration of Transfer and Exchange. The Purchase Contract Unit Agent shall keep at the Corporate Trust Office a register registers (the “Security Register”registers maintained in such office being herein referred to as the "Unit Registers") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Unit Agent shall provide for the registration of Unit Certificates evidencing the Normal Units and the Stripped Units and of transfers of Unit Certificates evidencing the Normal Units and the Stripped Units (the Purchase Contract Unit Agent, in such capacity, the “Security "Unit Registrar”"). The Security Registrar shall record separately the registration and transfer Upon request from any Trustee or Administrator of the Trust, the Unit Agent shall furnish to such requesting party a copy of the Unit Register for the Unit Certificates evidencing Corporate the Normal Units and Treasury Unitsas promptly as practicable. Upon surrender for registration of transfer of any Unit Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Unit Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be. At the option of the Holder, Unit Certificates may be exchanged for other Certificates, of any authorized denominations and Unit Certificates evidencing a like number of Corporate Normal Units or Treasury Stripped Units, as the case may be, upon surrender of the Unit Certificates to be exchanged at the Corporate Trust Office. Whenever any Unit Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent shall authenticate, execute on behalf of the Holder, and deliver the Unit Certificates which the Holder making the exchange is entitled to receive. All Unit Certificates issued upon any registration of transfer or exchange of a Unit Certificate shall evidence the ownership of the same number of Corporate Normal Units or Treasury Stripped Units, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement the Principal Agreements as the Corporate Normal Units or Treasury Stripped Units, as the case may be, evidenced by the Unit Certificate surrendered upon such registration of transfer or exchange. Every Unit Certificate presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Purchase Contract Unit Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentUnit Agent duly executed, duly executed by the Holder thereof or its his attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Unit Certificate, but the Company and the Purchase Contract Unit Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of CertificatesUnit Certificates (which, for these purposes, includes a Stripped Unit Creation or a transfer of Pledged Securities as contemplated by Section 504(a)), other than any exchanges pursuant to Section 3.6 Sections 304, 306 and Section 8.5 805 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Unit Agent, and the Purchase Contract Unit Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Unit Certificate in exchange for any other respect of a Unit Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to such Certificate, any Fundamental Change Early Settlement Date with respect to such Certificate, the Stock Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Unit Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Unit Agent shall
shall (ia) if the Stock Purchase Contract Settlement Date or any Early Settlement Date or Fundamental Change Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units evidenced by such other Certificate Unit Certificate, or (or portion thereof), or
(iib) if a Termination Event, Early Settlement or Fundamental Change Early Settlement Event shall have occurred on or prior to the Stock Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in Debentures, liquidation or principal amount of the Treasury Securities, or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, underlying such other CertificatePledged Securities evidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 Article Five hereof. The provisions of Clauses (with respect to a Termination Eventa), (b), (c) and Article V hereof.(d) below shall apply only to Global Unit Certificates:
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Registration, Registration of Transfer and Exchange. The Purchase Contract Agent shall keep at the Corporate Trust Office a register (the “"Security Register”") in which, subject to such reasonable regulations as it may prescribe, the Purchase Contract Agent shall provide for the registration of Certificates and of transfers of Certificates (the Purchase Contract Agent, in such capacity, the “"Security Registrar”"). The Security Registrar shall record separately the registration and transfer of the Certificates evidencing Corporate Units MEDS and Treasury UnitsMEDS. Upon surrender for registration of transfer of any Certificate at the Corporate Trust Office, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the designated transferee or transferees, and deliver, in the name of the designated transferee or transferees, one or more new Certificates of any authorized denominations, of like tenor, and evidencing a like number of Corporate Units MEDS or Treasury UnitsMEDS, as the case may be. At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate Units MEDS or Treasury UnitsMEDS, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office. Whenever any Certificates are so surrendered for exchange, the Company shall execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent shall authenticate, execute on behalf of the Holder, and deliver the Certificates which the Holder making the exchange is entitled to receive. All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same number of Corporate Units MEDS or Treasury UnitsMEDS, as the case may be, and be entitled to the same benefits and subject to the same obligations obligations, under this Agreement as the Corporate Units MEDS or Treasury UnitsMEDS, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Company or the Purchase Contract Agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Purchase Contract AgentAgent duly executed, duly executed by the Holder thereof or its attorney duly authorized in writing. No service charge shall be made for any registration of transfer or exchange of a Certificate, but the Company and the Purchase Contract Agent may require payment from the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Certificates, other than any exchanges pursuant to Section 3.6 Sections 3.04, 3.06 and Section 8.5 8.05 not involving any transfer. Notwithstanding the foregoing, the Company will shall not be obligated to execute and deliver to the Purchase Contract Agent, and the Purchase Contract Agent will shall not be obligated to authenticate, execute on behalf of the Holder and deliver any Certificate in exchange for any other Certificate presented or surrendered for registration of transfer or for exchange on or after the Business Day immediately preceding the earliest to occur of any Early Settlement Date with respect to for such Certificate, any Fundamental Change Cash Merger Early Settlement Date with respect to for such Certificate, the Purchase Contract Settlement Date or the Termination Date. In lieu of delivery of a new Certificate, upon satisfaction of the applicable conditions specified above in this Section 3.5 and receipt of appropriate registration or transfer instructions from such Holder, the Purchase Contract Agent shall:
(i) if the Purchase Contract Settlement Date or any Date, an Early Settlement Date or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate (or portion thereof) has occurred, deliver the shares of Common Stock issuable in respect of the Purchase Contracts forming a part of the Units Securities evidenced by such other Certificate (or portion thereof), Certificate; or
(ii) if a Termination EventCash Settlement, an Early Settlement or Fundamental Change a Cash Merger Early Settlement Date with respect to such other Certificate shall have occurred, or if a Termination Event shall have occurred prior to the Purchase Contract Settlement Date, or a Cash Settlement shall have occurred, transfer the Applicable Ownership Interests in DebenturesNotes, the Treasury Securities, or the appropriate Applicable Ownership Interests in Interest of the Treasury Portfolio, as the case may be, underlying such other Certificateevidenced thereby, in each case subject to the applicable conditions and in accordance with the applicable provisions of Section 3.15 (with respect to a Termination Event) and Article V Five hereof.
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