Common use of SHARES RECORD DATE Clause in Contracts

SHARES RECORD DATE. Each Person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on which the Rights Certificate evidencing such Rights was duly surrendered and payment of any Purchase Price (and any applicable taxes and governmental charges ) was made; provided, however, that if the date of such surrender and payment is a date on which the Preferred Shares transfer books of the Company are closed, such Person shall be deemed to have become the record holder of such Preferred Shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 3 contracts

Samples: Rights Agreement (Itron Inc /Wa/), Rights Agreement (DMRC Corp), Rights Agreement (Digimarc CORP)

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SHARES RECORD DATE. Each Person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges transfer taxes) was made; provided, however, that that, if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company Brillian are closed, such Person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company Brillian are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, vote or to receive dividends or other distributions or to exercise any preemptive rightsdistributions, and shall not be entitled to receive any notice of any proceedings of the CompanyBrillian, except as provided herein.

Appears in 2 contracts

Samples: Rights Agreement (Brillian Corp), Rights Agreement (Brillian Corp)

SHARES RECORD DATE. Each Person person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges or charges) was made; provided, however, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Bank of Marin Bancorp)

SHARES RECORD DATE. Each Person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges charges) was made; provided, however, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the issuance of Preferred Shares upon the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions distributions, or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (North Country Financial Corp)

SHARES RECORD DATE. Each Person person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate as such shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, including without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Secure Computing Corp)

SHARES RECORD DATE. Each Person in whose name any certificate for Preferred Shares (or Common Shares and/or other securities, as the case may be) is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares (or Common Stock and/or other securities, as the case may be) represented thereby on, and such certificate shall be dated, dated the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges or charges) was duly made; provided, however, that if the date of such surrender and payment is a date on upon which the Preferred Shares (or Common Shares and/or other securities, as the case may be) transfer books of the Company are closed, such Person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares (or Common Shares and/or other securities, as the case may be) transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares Stock for which the Rights shall be exercisable, including, without limitation, the right to vote, vote or to receive dividends or other distributions or to exercise any preemptive rightsdistributions, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Tax Benefits Preservation Plan (Seachange International Inc)

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SHARES RECORD DATE. Each Person person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges transfer taxes) was made; providedPROVIDED, howeverHOWEVER, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Warwick Community Bancorp Inc)

SHARES RECORD DATE. Each Person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Right Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges charges) was made; providedPROVIDED, howeverHOWEVER, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Right Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be he entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Rights Agreement (Emisphere Technologies Inc)

SHARES RECORD DATE. Each Person person in whose name any certificate for Preferred Shares is issued upon the exercise or exchange of Rights shall for all purposes be deemed to have become the holder of record of the Preferred Shares represented thereby on, and such certificate shall be dated, the date on upon which the Rights Certificate evidencing such Rights was duly surrendered and payment of any the Purchase Price (and any applicable taxes and governmental charges transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date on upon which the Preferred Shares transfer books of the Company are closed, such Person person shall be deemed to have become the record holder of such Preferred Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Preferred Shares transfer books of the Company are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Rights Certificate shall not be entitled to any rights of a holder of Preferred Shares for which the Rights shall be exercisable, including, without limitation, the right rights to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.

Appears in 1 contract

Samples: Shareholder Protection Rights Agreement (Tehama Bancorp)

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