Termination of DRIP. The Company shall take all actions necessary to terminate its Dividend Reinvestment and Share Purchase Plan (the “DRIP”), effective as soon as possible after the date of this Agreement, and ensure that no purchase or other rights under the DRIP enable the holder of such rights to acquire any interest in the Surviving Entity or any other Company Party or Buyer Party as a result of such purchase or the exercise of such rights at or after such date.
Termination of DRIP. The Company shall either (i) terminate the DRIP no later than 30 days prior to the anticipated Effective Time or (ii) cause the DRIP to be administered only as an "open market" purchase plan (i.
Termination of DRIP. The Company shall suspend purchases under Company’s 2000 Dividend Reinvestment and Share Purchase Plan (the “DRIP”), effective as of the date of this Agreement, and ensure that no purchase or other rights under the DRIP enable the purchaser or holder of such rights to acquire any interest in the Surviving Corporation, Parent or any of its Subsidiaries, including MergerSub, as a result of such purchase or the exercise of such rights at or after such date.
Termination of DRIP. AMLI shall terminate AMLI’s Dividend Reinvestment Plan (the “DRIP”), effective prior to the Merger Effective Time, and ensure that no purchase or other rights under the DRIP enable the holder of such rights to acquire any interest in the Surviving Entity, Purchaser or any Purchaser Subsidiary, including Purchaser Acquisition Entity, as a result of such purchase or the exercise of such rights at or after the Merger Effective Time.
Termination of DRIP. Cabot shall terminate Cabot's 1999 Dividend Reinvestment and Share Purchase Plan (the "DRIP"), effective prior to the Merger Effective Time, and ensure that no purchase or other rights under the DRIP enable the purchaser or holder of such rights to acquire any interest in the Surviving Entity, CalWest or any CalWest Subsidiary, including Rooster Acquisition Corp., as a result of such purchase or the exercise of such rights at or after the Merger Effective Time.
Termination of DRIP. Promptly following the date hereof, the Company shall take all steps necessary to suspend the operation of, or to terminate, its Dividend Reinvestment and Share Purchase Plan, so that no additional Company Shares are issued thereunder prior to the Effective Time.
Termination of DRIP. The Company shall take all actions necessary to terminate its Amended and Restated Dividend Reinvestment and Stock Purchase Plan (the “DRIP”) following the last regular quarterly dividend prior to the Closing Date (the “Final Exercise Date”). No further purchase right under the DRIP will be granted or exercised under the DRIP after the Final Exercise Date. The Company shall provide timely notice of the setting of the Final Exercise Date and termination of the DRIP in accordance with the DRIP.
Termination of DRIP. Company shall take all such corporate action as is necessary that, as of no later than the date on which the shareholders of Company shall have approved the Merger, this Agreement, and the Merger Agreement, to provide that no further shares of Company Common Stock may be purchased under the DRIP and that, contingent upon the Closing, that the DRIP shall be terminated immediately prior to the Effective Time.
Termination of DRIP. Innkeepers REIT shall take all actions necessary to terminate Innkeepers REIT's Dividend Reinvestment and Share Purchase Plan (the "DRIP"), effective no later than immediately prior to the Merger Effective Time, and ensure that no purchase or other rights under the DRIP enable the holder of such rights to acquire any interest in the Surviving Entity, Purchaser, any Purchaser Subsidiary, including Purchaser Acquisition Entity, any Innkeepers Party or any Innkeepers Subsidiary, as a result of such purchase or the exercise of such rights at or after the Merger Effective Time.
Termination of DRIP. Effective as of the date of this Agreement, the Company has terminated the Company’s Dividend Reinvestment Plan.
