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: Agreement and Plan of Merger (First Niagara Financial Group Inc), Agreement and Plan of Merger (Hudson River 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 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: Agreement and Plan of Merger (Great Lakes Bancorp, Inc.), Agreement and Plan of Merger (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 SWNB Common Stock shall have no rights, after the Effective Time, with respect to such HRB SWNB Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement (or Agreement, and as to Dissenting Shares, such rights as provided by under the DGCL)TBOC. No dividends or other distributions declared after the Effective Time with respect to FNFG Hanmi 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 Hanmi Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hanmi Financial Corp)

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: Agreement and Plan of Merger (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 FSSB Common Stock shall have no rights (excluding dissenter's rights of those shareholders properly exercising dissenter's rights), after the Effective Time, with respect to such HRB FSSB 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)Agreement. No dividends or other distributions declared after the Effective Time with respect to FNFG IBT Common Stock or interest with respect to cash, 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 IBT Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Agreement and Plan of Merger (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 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: Agreement and Plan of Merger (Ibt Bancorp Inc /Mi/)

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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 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: Agreement and Plan of Merger (Bridge Bancorp 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: Agreement and Plan of Merger (Bridge Bancorp Inc)

Rights of Certificate Holders after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding HRB WCBI Common Stock (together with the associated WCBI Stock Purchase Rights) shall have no rights, after the Effective Time, with respect to such HRB WCBI 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)Agreement. No dividends or other distributions declared after the Effective Time with respect to FNFG PBI 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 PBI Common Stock represented by such Certificate.

Appears in 1 contract

Samples: Agreement of Merger (Provident Bancorp Inc/Ny/)

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