Common use of Termination of Exchange Fund and Common Shares Trust Clause in Contracts

Termination of Exchange Fund and Common Shares Trust. Any portion of the Exchange Fund and Common Shares Trust which remains undistributed to the holders of Certificates for six months after the Effective Time of the Merger shall be delivered to Parent, upon demand, and any holders of Certificates who have not theretofore complied with this Article II shall thereafter look only to Parent for payment of their claim for Parent Common Stock, any cash in lieu of fractional shares of Parent Common Stock and any dividends or distributions with respect to Parent Common Stock.

Appears in 5 contracts

Samples: Merger Agreement (Battle Mountain Gold Co), Merger Agreement (Homestake Mining Co /De/), Merger Agreement (Santa Fe Pacific Gold Corp)

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Termination of Exchange Fund and Common Shares Trust. Any portion of the Exchange Fund and Common Shares Trust which that remains undistributed to the holders of Certificates Company Common Stock for six months after the Effective Time of the Merger shall be delivered to Parent, upon demand, and any holders holder of Certificates Company Common Stock who have has not theretofore complied with this Article II shall thereafter look only to Parent for payment of their its claim for Parent Common Stock, any cash in lieu of fractional shares of Parent Common Stock Merger Consideration and any dividends or distributions with respect to Parent Common StockStock as contemplated by Section 2.02(c)(i).

Appears in 1 contract

Samples: Merger Agreement (Newport News Shipbuilding Inc)

Termination of Exchange Fund and Common Shares Trust. Any portion of the Exchange Fund and Common Shares Trust which remains undistributed to the holders of Certificates for six months after the Effective Time of the Merger shall be delivered to Parent, upon demand, and any holders of Certificates who have not theretofore complied with this Article II shall thereafter look only to Parent for payment of their claim for Parent Common Stock, any cash in lieu of fractional shares of Parent Common Stock and any dividends or distributions with respect to Parent Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Getchell Gold Corp)

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Termination of Exchange Fund and Common Shares Trust. Any portion of the Exchange Fund and Common Shares Trust which remains undistributed to the holders of Certificates for six months after the Effective Effec- tive Time of the Merger shall be delivered to Parent, upon demand, and any holders of Certificates who have not theretofore complied with this Article II shall thereafter look only to Parent for payment of their claim for Parent Common Stock, any cash in lieu of fractional shares of Parent Common Stock and any dividends or distributions with respect to Parent Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Newmont Mining Corp)

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