Shares Certificates. Upon receipt of payment in full of the Exercise Price, and after taking such steps as it deems necessary to satisfy any withholding tax obligations imposed upon it by any level of government, the Company will cause one or more stock certificates evidencing the Optionee's ownership of the Option Shares so purchased by the Optionee to be issued to the Optionee.
Shares Certificates. As soon as practicable, but in any event within seven (7) business days after the transfer of the Shares has been stamped pursuant to applicable federal law, Shareholders shall deliver or cause to be delivered to Acquirer a certificate or certificates representing the Shares being sold by Shareholders hereunder duly endorsed for transfer, or accompanied by duly executed assignments separate from certificate, transferring to Acquirer good and marketable title to such Shares, free and clear of all liens.
Shares Certificates. (a) At the Effective Time, the shares of capital stock of CYGM will be converted into shares of capital stock of Valeritas as follows:
(i) each share of CYGM Common Stock issued and outstanding immediately before the Effective Time will, automatically and without further act of CYGM, Valeritas, or any holder thereof, be extinguished and converted into 4.0486 issued and outstanding and fully paid and non-assessable shares of Valeritas Common Stock subject to the same terms, conditions, and restrictions, if any, as existed immediately before the Effective Time;
(ii) any share of CYGM Common Stock held in the treasury immediately before the Effective Time will, automatically and without further act of CYGM or Valeritas, be extinguished and converted into one fully paid and nonassessable share of Valeritas Common Stock to be held in the treasury of the Surviving Corporation subject to the same terms, conditions, and restrictions, if any, as existed immediately before the Effective Time.
(b) Each person who, as a result of the Merger, holds one or more certificates representing one or more shares of CYGM Common Stock may surrender any such certificate to the Surviving Corporation and, upon such surrender, the Surviving Corporation will, within a reasonable time, deliver to such person, in substitution and exchange therefor, one or more certificates evidencing the number of shares of Valeritas Common Stock, that such person is entitled to receive in accordance with the terms of this Agreement, in substitution for the number of shares of CYGM Common Stock represented by each certificate so surrendered; provided, however, that no such holder will be required to surrender any such certificate until such certificate otherwise would be surrendered for transfer on the books of the issuing corporation in the ordinary course of business.
(c) At the Effective Time, all of the shares of capital stock of Valeritas issued or outstanding immediately before the Effective Time will, automatically and without further act of CYGM, the Surviving Corporation, or any holder thereof, be cancelled and cease to exist, without any consideration being payable therefor.
Shares Certificates. Certificates representing the Shares duly endorsed in blank (or with a stock power duly endorsed in blank and affixed to such certificate(s)), in proper form for transfer, free and clear of all options, liens, claims, charges, restrictions, equities and other encumbrances of any nature whatsoever.
Shares Certificates. RPT will issue to NanoMab HKG share certificates evidencing validly issued, fully-paid ordinary RPT shares to represent an ownership interest of the shares to be issued under this Agreement. All shares will be subject to twelve (12) months escrow (lock up) or as otherwise required by the ASX and during such time period may not be resold within except pursuant to an available exemption under section 708 of the Australian Corporations Act 2001(Cth).
Shares Certificates. The Company may issue shares certificates or evidence the Participant’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any shares certificates that are issued shall be retained by the Company until such time as the Restricted Shares vest.
Shares Certificates. Certificates for the shares described in Sections 3.1 and 3.2 hereof (to be delivered as soon as practical after the Closing).
Shares Certificates. Immediately after the Closing, the Company shall take all actions needed in order to issue the Investor one or more certificates representing the Shares (including all required actions VIS-A-VIS the NYSE and American Stock Transfer and Trust Company).
Shares Certificates. Certificates representing the Shares, other than the Holdback Shares, shall have been executed and delivered to the Seller by the Buyer.
Shares Certificates. If at any time the Portfolio issued share certificates, the following provisions will apply:
(1) The Trust will supply RSMC with a sufficient supply of shares certificates representing Shares, in the form approved form time to time by the Trustees of the Trust, and, from time to time, shall replenish such supply upon request of RSMC. Such share certificate shall be properly signed, manually or by facsimile signature, by the duly authorized officers of the Trust, and shall bear the corporate seal or facsimile thereof of the Trust, and notwithstanding the death, resignation or removal of any officer of the Trust, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until RSMC is otherwise directed by Written Instructions.
(2) In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond on indemnity issued by a surety company approved by RSMC.
(3) Upon receipt of signed share certificates, which shall be in proper form for transfer, an upon cancellation or destruction thereof, RSMC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulation of the SEC, and the laws of the State of Delaware relating to the transfer of shares of beneficial interest.
(4) Upon receipt of the shares certificates, which shall be in proper form for transfer, together with the shareholder's instructions to hold such share certificates for safekeeping, RSMC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
(5) Upon receipt of written instructions from a shareholder of uncertificated securities for a certificate in the number of shares in its account, RSMC will issue such share certificates and deliver them to the shareholder.
