Common use of Rights of Certificate Holders after the Effective Time Clause in Contracts

Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB Common Stock shall have no rights, after the Effective Time, with respect to such HRB Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or as to Dissenting Shares, such rights as provided by the DGCL). No dividends or other distributions declared after the Effective Time with respect to FNFG Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.3. After the surrender of a Certificate in accordance with this Section 3.3, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to shares of FNFG Common Stock represented by such Certificate.

Appears in 2 contracts

Samples: Merger Agreement (Hudson River Bancorp Inc), Merger Agreement (First Niagara Financial Group Inc)

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Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB GLB Common Stock shall have no rights, after the Effective Time, with respect to such HRB GLB Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or as to Dissenting Shares, such rights as provided by the DGCL). No dividends or other distributions declared after the Effective Time with respect to FNFG Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.3. After the surrender of a Certificate in accordance with this Section 3.3, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to shares of FNFG Common Stock represented by such Certificate.

Appears in 2 contracts

Samples: Merger Agreement (Great Lakes Bancorp, Inc.), Merger Agreement (First Niagara Financial Group Inc)

Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB Common Stock shall have no rights, after After the Effective Time, the holders of the Certificates shall have no rights (excluding dissenter's rights of those shareholders properly exercising dissenter's rights) with respect to such HRB the shares of GCFC Common Stock formerly represented by those Certificates except to surrender the Certificate those Certificates in exchange for the Merger Consideration as provided in this Agreement (or as to Dissenting Shares, such rights as provided by the DGCL)Agreement. No dividends or other distributions declared after the Effective Time with respect to FNFG IBT Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.33.2. After the surrender of a Certificate in accordance with this Section 3.33.2, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had that become payable after the Effective Time with respect to the shares of FNFG IBT Common Stock that are part of the Merger Consideration for the shares of GCFC Common Stock represented by such the surrendered Certificate.

Appears in 1 contract

Samples: Merger Agreement (Ibt Bancorp Inc /Mi/)

Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB FNBNY Common Stock shall have no rights, after the Effective Time, with respect to such HRB FNBNY Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or and as to Dissenting Shares, Shares such rights as provided by under the DGCL)NYBCL. No dividends or other distributions declared after the Effective Time with respect to FNFG Bridge Bancorp Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.33.2. After the surrender of a Certificate in accordance with this Section 3.33.2, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to shares of FNFG Bridge Bancorp Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Merger Agreement (Bridge Bancorp Inc)

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Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB Guaranty Financial Common Stock shall have no rights, after the Effective Time, with respect to such HRB Guaranty Financial Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or as to Dissenting Shares, such rights as provided by the DGCLWVBCA). No dividends or other distributions declared after the Effective Time with respect to FNFG First Sentry Bancshares Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.3. After the surrender of a Certificate in accordance with this Section 3.3, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to shares of FNFG First Sentry Bancshares Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Merger Agreement (First Sentry Bancshares, Inc.)

Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB CNB Common Stock shall have no rights, after the Effective Time, with respect to such HRB CNB Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or and as to Dissenting Shares, Shares such rights as provided by under the DGCL)National Bank Act. No dividends or other distributions declared after the Effective Time with respect to FNFG Bridge Bancorp Common Stock shall be paid to the holder of any unsurrendered Certificate until the holder thereof shall surrender such Certificate in accordance with this Section 3.33.2. After the surrender of a Certificate in accordance with this Section 3.33.2, the record holder thereof shall be entitled to receive any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to shares of FNFG Bridge Bancorp Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Merger Agreement (Bridge Bancorp Inc)

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