SHAREHOLDERS' RIGHT OF DISSENT Sample Clauses

SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of Summit Stock who does not vote in favor of the Merger at the meeting of shareholders of Summit and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of Summit Stock if the Merger is effectuated, shall be entitled to receive the value of the Summit Stock so held by him or her in accordance with Article 113 of the Colorado Act and his or her shares of Summit Stock shall be deemed subject to the provisions of Article 113 of the Colorado Act.
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SHAREHOLDERS' RIGHT OF DISSENT. Notwithstanding anything to the contrary contained herein, shares of Company Common Stock which are issued and outstanding immediately prior to the Effective Time and which are held by shareholders who have not voted such shares in favor of the Merger and who shall have properly exercised their dissenters' rights for such shares in the manner provided by the Colorado Act (the "Dissenting Shares") shall not be converted into or be exchangeable for the right to receive shares of CFBI Common Stock and cash in lieu of fractional shares, unless and until such holder shall have failed to perfect or shall have effectively withdrawn or lost his right to dissent and payment, as the case may be. If such holder shall have so failed to perfect or shall have effectively withdrawn or lost such right, his shares shall thereupon be deemed to have been converted into and to have become exchangeable for, at the Effective Time, the right to receive shares of CFBI Common Stock and cash in lieu of fractional shares, without any interest thereon. The Company shall give CFBI prompt notice of any Dissenting Shares (and shall also give CFBI prompt notice of any withdrawals of such demands for dissenters' rights) and CFBI shall have the right to direct all negotiations and proceedings with respect to any such demands. Neither the Company nor the surviving corporation of the Merger shall, except with the prior written consent of CFBI, voluntarily make any payment with respect to, or settle or offer to settle, any such demand for dissenters' rights.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of Pioneer Common Stock who does not vote in favor of the Merger at the meeting of shareholders of Pioneer and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of Pioneer Common Stock if the Merger is effectuated, shall be entitled to receive the value of the Pioneer Common Stock so held by him or her in accordance with Article 113 of the Colorado Act.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of Republic Common Stock who does not vote in favor of the Merger at the meeting of shareholders of Republic and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of Republic Common Stock if the Merger is effectuated, shall be entitled to receive the value of the Republic Common Stock so held by him or her in accordance with Chapter 13 of the Arizona Act.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of BancSecurity Common Stock who does not vote in favor of the Merger at the meeting of shareholders of BancSecurity and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of BancSecurity Common Stock if the Merger is effectuated, shall be entitled to receive the value of the Buyer Common Stock so held by him or her in accordance with Division XIII of the IBCA.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of Western Common Stock who does not vote in favor of the Merger at the meeting of shareholders of Western called to vote on the Merger and has given notice in writing to the presiding officer prior to or at the meeting of his or her objection to the proposed corporate action shall be entitled to demand to receive the fair value of the Western Common Stock so held by him or her, in accordance with Sections 53-15-3 and 53-15-4 of the New Mexico Act.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of River Common Stock who does not vote in favor of the Merger at the meeting of shareholders of River called to vote on the Merger and has given notice in writing to the presiding officer prior to or at the meeting of his or her objection to the proposed corporate action shall be entitled to demand to receive the fair value of the River Common Stock so held by him or her, in accordance with Section 302A.471 of the Minnesota Act.
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SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of Guardian Common Stock who does not vote in favor of the Merger at the meeting of shareholders of Guardian called to vote on the Merger and has given notice in writing to the presiding officer prior to or at the meeting of his or her objection to the proposed corporate action shall be entitled to demand to receive the fair value of the Guardian Common Stock so held by him or her, in accordance with Sections 16-10a-1301 to 16-10a-1331 of the Utah Act.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of FSB's Common Stock who does not vote in favor of the Merger at the meeting of shareholders of FSB and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of FSB Common Stock if the Merger is effectuated, shall be entitled to receive the value of the FSB Common Stock so held by him or her in accordance with Sections 761 through 774 of the MBCA.
SHAREHOLDERS' RIGHT OF DISSENT. Any holder of shares of FNB Common Stock who does not vote in favor of the Merger at the meeting of shareholders of FNB and has given notice in writing to the presiding officer prior to the Merger vote that he or she intends to demand payment for his or her shares of FNB Common Stock if the Merger is effectuated, shall be entitled to receive the value of the FNB Common Stock so held by him or her in accordance with Article 113 of Title 7 of the Colorado Act.
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