Unsurrendered Certificates Sample Clauses

Unsurrendered Certificates. In the event that any certificates formerly representing JIS Shares (or lost share affidavits reasonably acceptable in form and substance to Judge) are not surrendered for exchange by the first anniversary of the Effective Time (the "Unsurrendered Certificates"), those certificates representing Judge Common Shares corresponding to such Unsurrendered Certificates then held by the Exchange Agent shall be delivered to Judge, upon demand, and any stockholders of JIS who have not previously complied with this Section 2.5 shall thereafter look only to Judge for payment of their claim for Judge Common Shares and any cash in lieu of fractional Judge Common Shares.
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Unsurrendered Certificates. Subject to Section 5.5 below, no Holdco Common Stock certificate may be delivered to any former holder of NW Natural Common Stock unless and until such shareholder properly surrenders to the Transfer Agent the NW Natural Certificate(s) formerly representing his or her shares of NW Natural Common Stock, together with a properly completed Transmittal Letter.
Unsurrendered Certificates. Until surrendered as contemplated by Article 4.7, each certificate or agreement which immediately prior to the Effective Date represented one or more outstanding Nextleaf Security shall be deemed at all times after the Effective Date to represent only the right to receive the securities contemplated by Article 4.7.
Unsurrendered Certificates. If any certificate formerly evidencing any shares of Company Stock or Common Exchangeable Shares outstanding immediately prior to the Effective Time has not been surrendered (along with a duly completed and executed Letter of Transmittal in the case of any stockholder of the Company prior to the date that is one (1) year after the Effective Time (or immediately prior to such earlier date on which the consideration in respect of such share would otherwise escheat to or become the property of any Governmental Authority), then the consideration in respect of each such share of Company Stock or Common Exchangeable Shares shall, to the extent permitted by applicable Law, become the property of the Surviving Corporation, and, thereafter, the former holders of such shares of Company Stock or Common Exchangeable Shares shall be entitled to look to the Surviving Corporation only as general creditors thereof with respect to the consideration that may be payable upon due surrender of each such share of Company Stock or Common Exchangeable Shares held by them. Without limiting the generality of the foregoing, none of Buyer, Merger Sub, the Surviving Corporation or any their respective Affiliates shall be liable to any former holder of shares of Company Stock or Common Exchangeable Shares for the consideration payable in respect of each such share of Company Stock or Common Exchangeable Shares properly delivered to any Governmental Authority or public official pursuant to applicable abandoned property, escheat or similar Laws.
Unsurrendered Certificates. Subject to Section 5.6 below, no Holdco Common Stock certificate shall be delivered to any former holder of NW Natural Common Stock unless and until such shareholder shall have properly surrendered to the Transfer Agent the NW Natural Certificate(s) formerly representing his or her shares of NW Natural Common Stock, together with a properly completed Transmittal Letter in such form as shall be provided to the shareholder by Holdco for that purpose. Further, until such NW Natural Certificate(s) are so surrendered, no dividend or other distribution payable to holders of record of Holdco Common Stock as of any date subsequent to the Effective Time shall be delivered to the holder of such NW Natural Certificate(s). However, subject to prior escheatment under applicable law, upon the proper surrender of such NW Natural Certificate(s), the Transfer Agent shall pay to the registered holder of the shares of Holdco Stock represented by such NW Natural Certificate(s) the amount without interest of any such cash, dividends or distributions which have accrued but remain unpaid with respect to such shares. Neither Holdco, NW Natural nor the Transfer Agent shall have any obligation to pay any interest on any such cash, dividends or distributions for any period prior to such payment.
Unsurrendered Certificates. Until surrendered as contemplated by Article 4.1, each certificate or agreement which immediately prior to the Effective Time represented one or more outstanding Two Lions Technologies Share shall be deemed at all times after the Effective Time to represent only the right to receive the securities contemplated by Article 4.1.
Unsurrendered Certificates. Until surrendered as contemplated by Section 4.1, each certificate or agreement which immediately prior to the Effective Time represented one or more outstanding Bralorne Share shall be deemed at all times after the Effective Time to represent only the right to receive the securities contemplated by Section 4.1.
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Unsurrendered Certificates. Until surrendered in accordance with the provisions of this SECTION 2.2, each certificate of outstanding shares of the Company's capital stock shall represent, for all purposes, only the right to receive the Merger Consideration pursuant to this ARTICLE II in respect of the number of the outstanding shares of the Company's capital stock previously evidenced by such certificate.

Related to Unsurrendered Certificates

  • Distributions with Respect to Unsurrendered Certificates No dividends or other distributions declared or made after the Effective Time with respect to Parent Common Stock with a record date after the Effective Time shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Parent Common Stock represented thereby, and no cash payment in lieu of fractional shares shall be paid to any such holder pursuant to Section 2.2(e) until the holder of record of such Certificate shall surrender such Certificate. Subject to the effect, if any, of applicable laws, following surrender of any such Certificate, there shall be paid to the record holder of the certificates representing whole shares of Parent Common Stock issued in exchange therefor or such holder's transferee pursuant to Section 2.2(e), without interest, (i) at the time of such surrender, the amount of any cash payable in lieu of a fractional share of Parent Common Stock to which such holder is entitled pursuant to Section 2.2(e) and the amount of dividends or other distributions on Parent Common Stock with a record date after the Effective Time theretofore paid with respect to such whole shares of Parent Common Stock, and (ii) at the appropriate payment date, the amount of dividends or other distributions on Parent Common Stock with a record date after the Effective Time but prior to surrender and a payment date subsequent to surrender payable with respect to such whole shares of Parent Common Stock.

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