Rights of Holders of Certificates Sample Clauses

Rights of Holders of Certificates. With Respect to PCs, Giant Securities, Stripped Giant Certificates and CPCs
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Rights of Holders of Certificates. (a) At the Effective Time of the Merger, the holders of Certificates for shares of capital stock of PCI (other than certificates representing shares held in PCI's treasury, which shall be automatically cancelled pursuant to the Merger) shall cease to have any rights as stockholders of PCI, and their sole rights shall pertain to the shares of Nextel Common Stock into which their shares of PCI capital stock shall have been converted by the Merger. After the Effective Time of the Merger, each holder of outstanding Certificates for shares of capital stock of PCI shall be entitled upon surrender of the same duly transmitted to the Exchange Agent to receive in exchange therefor certificates representing the number of whole shares of Nextel Common Stock into which such holder's shares of capital stock of PCI shall have been converted by the Merger, plus (if applicable) cash in lieu of fractional shares.
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Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of Ethyl Common Stock outstanding at the Effective Time shall represent the same number of shares of NewMarket Common Stock and shall evidence the right of the holder thereof to receive certificates for the shares of NewMarket Common Stock into which shares of Ethyl Common Stock were converted in accordance with Section 2.1. Following the Effective Time, each holder of an outstanding certificate or certificates theretofore representing shares of Ethyl Common Stock may, but shall not be required to, surrender the same to NewMarket’s transfer agent for cancellation and reissuance of a new certificate or certificates in such holder’s name or for cancellation and transfer, and each such holder or transferee shall be entitled to receive a certificate or certificates representing the same number of shares of NewMarket Common Stock as the shares of Ethyl Common Stock previously represented by the certificate or certificates surrendered. Until so surrendered or presented for exchange or transfer, each outstanding certificate which, immediately prior to the Effective Time, represents Ethyl Common Stock shall be deemed and shall be treated for all purposes to represent the ownership of the same number of shares of NewMarket Common Stock as though such surrender or exchange or transfer had taken place.
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Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of NW Natural Common Stock outstanding at the Effective Time (herein sometimes referred to as "NW Natural Certificates") shall represent the same number of shares of Holdco Common
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Rights of Holders of Certificates after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding MutualFirst Financial Common Stock shall have no rights, after the Effective Time, with respect to such MutualFirst Financial Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement. No dividends or other distributions declared after the Effective Time with respect to Northwest Bancshares Common Stock will be paid to the holder of any unsurrendered Certificate until the holder thereof surrenders 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 will be entitled to receive any such dividends or other distributions, without any interest thereon, which previously had become payable with respect to shares of Northwest Bancshares Common Stock represented by such Certificate. 3.3.4.
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Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of Roanoke Gas Common Stock outstanding at the Effective Time (hereinafter sometimes referred to as "Roanoke Gas Certificates") shall evidence the shares of Resources Common Stock into which such shares of Roanoke Gas Common Stock were converted in accordance with Section 2.1, without any further action by the holder of the Roanoke Gas Certificates. Following the Effective Time, the Transfer Agent for Resources (the "Transfer Agent") shall issue Resources shares to any holder of Roanoke Gas Certificates desiring to surrender his/her Roanoke Gas Certificates for certificates issued in the name of
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Rights of Holders of Certificates. (a) At the Effective Time of the Merger, the holders of Certificates for shares of capital stock of PCI (other than certificates representing shares held in PCI's treasury, which shall be automatically cancelled pursuant to the Merger) shall cease to have any rights as stockholders of PCI, and their sole rights shall pertain to the shares of Nextel Common Stock into which their shares of PCI capital stock shall have been converted by the Merger. After the Effective Time of the Merger, each holder of outstanding Certificates for shares of capital stock of PCI shall be entitled upon surrender of the same duly transmitted to the Exchange Agent to receive in exchange therefor certificates representing the number of whole shares of Nextel Common Stock into which such holder's shares of capital stock of PCI shall have been converted by the Merger, plus (if applicable) cash in lieu of fractional shares. dividends, to evidence the number of whole shares of Nextel Common Stock into which such shares have been converted by the Merger and, subject to the last sentence of Section 1.19, the right to receive cash for any fractional interests resulting therefrom. Subject to Section 1.18(d), unless and until any outstanding Certificates for shares of PCI capital stock are surrendered, no dividend (stock or cash) payable to holders of record of Nextel Common Stock as of any date subsequent to the Effective Time of the Merger shall be paid to the holder of any such Certificate, but upon such surrender of such Certificates there shall be paid to the record holder of the certificate for Nextel Common Stock issued in exchange therefor the amount of dividends, if any, but without interest, that have theretofore become payable subsequent to the Effective Time of the Merger with respect to the number of whole shares of Nextel Common Stock represented by the certificate issued upon such surrender and exchange.
Sample 1
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Related to Rights of Holders of Certificates

  • DISTRIBUTIONS TO HOLDERS OF CERTIFICATES Section 5.01 Distributions Generally. Section 5.02 Distributions from the Certificate Account. Section 5.03 Allocation of Losses. 92 Section 5.04 Advances by Master Servicer, Servicers and Securities Administrator. Section 5.05 Compensating Interest Payments. Section 5.06 Basis Risk Reserve Fund.

  • Rights of Certificateholders Section 11.1 Limitation on Rights of Holders.............................. Section 11.2 Access to List of Holders.................................... Section 11.3 Acts of Holders of Certificates..............................

  • Rights of Holders (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.

  • Lists of Holders of Preferred Securities (a) The Guarantor shall provide the Guarantee Trustee with such information as is required under Section 312(a) of the Trust Indenture Act at the times and in the manner provided in Section 312(a).

  • Purchase Rights of Certificateholders (a) By acceptance of its Applicable Certificate, each Applicable Certificateholder agrees that at any time after the occurrence and during the continuation of a Certificate Buyout Event:

  • Rights of Holders; Waivers of Past Defaults (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2.9, and the Holders shall not have any right or title therein other than the undivided beneficial interest in the assets of the Issuer Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Issuer Trust except as described below. The Trust Securities shall be personal property giving only the rights specifically set forth therein and in this Trust Agreement. The Trust Securities shall have no preemptive or similar rights and when issued and delivered to Holders against payment of the purchase price therefor will be fully paid and nonassessable by the Issuer Trust. The Holders of the Trust Securities, in their capacities as such, shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware.

  • Treatment of Holders of Warrant Certificates The Company, the Warrant Agent and all other persons may treat the registered holder of a Warrant Certificate as the absolute owner thereof for any purpose and as the person entitled to exercise the rights represented by the Warrants evidenced thereby, any notice to the contrary notwithstanding.

  • Subrogation to Rights of Holders of Senior Debt Subject to the payment in full of all amounts due or to become due on all Senior Debt, or the provision for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of Senior Debt, the Holders of the Securities shall be subrogated to the extent of the payments or distributions made to the holders of such Senior Debt pursuant to the provisions of this Article XII (equally and ratably with the holders of all indebtedness of the Company that by its express terms is subordinated to Senior Debt of the Company to substantially the same extent as the Securities are subordinated to the Senior Debt and is entitled to like rights of subrogation by reason of any payments or distributions made to holders of such Senior Debt) to the rights of the holders of such Senior Debt to receive payments and distributions of cash, property and securities applicable to the Senior Debt until the principal of and any premium and interest (including any Additional Interest) on the Securities shall be paid in full. For purposes of such subrogation, no payments or distributions to the holders of the Senior Debt of any cash, property or securities to which the Holders of the Securities or the Trustee would be entitled except for the provisions of this Article XII, and no payments made pursuant to the provisions of this Article XII to the holders of Senior Debt by Holders of the Securities or the Trustee, shall, as among the Company, its creditors other than holders of Senior Debt, and the Holders of the Securities, be deemed to be a payment or distribution by the Company to or on account of the Senior Debt.

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