Common use of Transfer of Record Ownership Clause in Contracts

Transfer of Record Ownership. Transfers of stock shall be made on the books of the Corporation only by direction of the person named in the certificate or such person's attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced thereby. Whenever any transfer of stock shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the Corporation for transfer, both the transferor and transferee request the Corporation to do so.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Duke Energy Corp), Agreement and Plan of Merger (Cinergy Corp), Agreement and Plan of Merger (Northeast Utilities System)

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Transfer of Record Ownership. Transfers Transfer of stock shall be made on the books of the Corporation only by direction of the person named in the certificate or such person's attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced thereby. Whenever any transfer of stock , which certificate shall be made for collateral security, and not absolutely, it shall be so expressed in canceled before the entry of the transfer if, when the certificates are presented to the Corporation for transfer, both the transferor and transferee request the Corporation to do sonew certificate is issued.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Zurn Industries Inc), Agreement and Plan of Merger (Us Industries Inc)

Transfer of Record Ownership. Transfers of stock shall be made on the books of the Corporation corporation only by direction of the person named in the certificate or such person's his attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced thereby. Whenever any transfer of stock shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the Corporation corporation for transfer, both the transferor and transferee request the Corporation corporation to do so.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Juniper Partners Acquisition Corp.)

Transfer of Record Ownership. Transfers of stock of the Corporation shall be made on the books of the Corporation only by direction of the person named in the certificate or such person's his attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced therebythereby or by a transfer agent subject to Section 5.3. Whenever any transfer of stock shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the Corporation for transfer, both the transferor and transferee request the Corporation to do so.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sprint Nextel Corp)

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Transfer of Record Ownership. Transfers of stock shall be made on the books of the Corporation only by direction of the person named in the certificate or such person's ’s attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced thereby. Whenever any transfer of stock shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the Corporation for transfer, both the transferor and transferee request the Corporation to do so.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Duke Energy CORP)

Transfer of Record Ownership. Transfers of stock shall be made on the books of the Corporation only by direction of the person named in the certificate or such person's his attorney, lawfully constituted in writing, and only upon the surrender of the certificate therefor and a written assignment of the shares evidenced thereby. Whenever any transfer of stock shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the Corporation for transfer, both the transferor and transferee request the Corporation to do so.

Appears in 1 contract

Samples: Business Combination Agreement (Activision Inc /Ny)

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