Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay in exchange therefor, the Merger Consideration payable in respect of the number of Shares evidenced by that Certificate. Any Certificates so surrendered shall be cancelled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 4 contracts
Samples: Merger Agreement (Aeroflex Inc), Agreement and Plan of Merger (Aeroflex Inc), Merger Agreement (Aeroflex Inc)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter Letter of transmittal Transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay in exchange therefor, the Merger Transaction Consideration payable in respect of the number of Common Shares evidenced by that CertificateCertificate less any required withholding of Taxes. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 2 contracts
Samples: Amalgamation Agreement, Agreement and Plan of Amalgamation (SeaCube Container Leasing Ltd.)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying AgentExchange Agent in accordance with Section 2.2(d)(i), together with a duly executed letter Letter of transmittal Transmittal and any other documents reasonably required by the Paying Exchange Agent, the holder of that Certificate shall be entitled to receive, and the Paying Exchange Agent shall pay in exchange therefor, the Merger Transaction Consideration payable in respect of the number of Company Common Shares evidenced by that Certificate. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 2 contracts
Samples: Merger Agreement (Renaissancere Holdings LTD), Merger Agreement (Platinum Underwriters Holdings LTD)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay in exchange therefor, the Merger Consideration payable in respect of the number of Shares shares evidenced by that CertificateCertificate less any required withholding of Taxes. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract
Samples: Merger Agreement (Interpool Inc)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay receive in exchange therefor, promptly following surrender of such documentation, the Per Share Closing Date Merger Consideration payable in respect of the number of Shares evidenced by that Certificate, less any required withholding of Taxes. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract
Samples: Merger Agreement (Kronos Inc)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay receive in exchange therefor, therefor the Merger Consideration payable in respect of the number of Shares evidenced by that Certificate. Any Certificates so surrendered shall be cancelled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying AgentAgent or such agent or agents as Parent may designate, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that such Certificate shall be entitled to receive, and the Paying Agent shall pay receive in exchange therefor, therefor the applicable Merger Consideration payable in respect of the number such Certificate less any required withholding of Shares evidenced by that CertificateTaxes in accordance with Section 2.2(e). Any Certificates so surrendered shall be cancelled immediately. No interest shall accrue or be paid on any amount payable upon surrender of the Certificates.
Appears in 1 contract
Samples: Merger Agreement (Duane Reade Inc)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter Letter of transmittal Transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay in exchange therefor, the Merger Consideration payable in respect of the number of Common Shares evidenced by that CertificateCertificate less any required withholding of Taxes. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay receive in exchange therefor, therefor the Merger Consideration payable in respect of the number that Certificate less any required withholding of Shares evidenced by that CertificateTaxes as provided in Section 2.2(d). Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract
Samples: Merger Agreement (Atari Inc)
Surrender of Certificates. Upon surrender of a Certificate for cancellation to the Paying Agent, together with a duly executed letter of transmittal and any other documents reasonably required by Parent or the Paying Agent, the holder of that Certificate shall be entitled to receive, and the Paying Agent shall pay receive in exchange therefor, therefor the applicable Common Share Merger Consideration payable in respect of the number of Shares evidenced shares of Common Stock formerly represented by that CertificateCertificate less applicable Taxes required to be withheld in accordance with Section 2.3(i) with respect to such payment. Any Certificates so surrendered shall be cancelled canceled immediately. No interest shall accrue or be paid on any amount payable upon surrender of Certificates.
Appears in 1 contract