Examples of CB Shares in a sentence
From and after the Effective Time, no stockholder of the Company who has properly exercised and perfected appraisal rights pursuant to the DGCL shall be entitled to vote his or her CB Shares for any purpose or receive payment of dividends or other distributions with respect to his or her CB Shares (except dividends and distributions payable to stockholders of record at a date which is prior to the Effective Time).
The Company shall provide GTY reasonably prompt written notice of any demands received by the Company for appraisal of CB Shares, any withdrawal of any such demand and any other demand, notice or instrument delivered to the Company prior to the Effective Time pursuant to the DGCL that relates to such demand, and GTY shall have the opportunity and right to direct all negotiations and proceedings with respect to such demands.
In the case of securities, including CB Shares delivered through the CB Shares Clearing Process, "T+3" refers to three (3) NSCC business days (i.e., days during which NSCC is open for business).
In the case of all Redemption Requests other than through the CB Shares Clearing Process, the Participant must deliver on the same date the Redemption Request is made the Creation Unit size aggregation of CB Shares(TM) of the relevant Series to the Transfer Agent on behalf of the Fund through DTC, except in the case of three DTC non-settlement days when delivery may be made by : a.m. on the next DTC business day, as indicated above.
In the event the Participant does not receive a timely acknowledgment from the Distributor, it should contact the CB Shares telephone representative at the telephone number indicated.
The Distributor shall issue to both the Participant and State Street Bank an acknowledgment of receipt of a Purchase Order for CB Shares of the US Index Series through the CB Shares Clearing Process within one (1) hour of its receipt of a Purchase Order in proper form as described above.
In no event may CB Shares be delivered subsequent to the NYSE Closing Time to be effective for redemption that day.
Certificates that represented CB Shares before the Effective Time will be deemed for all purposes to represent the right to receive the Merger Consideration and any dividends or other distributions pursuant to this Article III.
Participants should note that transfers of CB Shares through DTC cannot be made on Columbus Day, Veterans Day and Maxxxx Xxxxxx Xxxx Xay and plan accordingly, as described in the Fund prospectus and SAI.
At the Effective Time, holders of CB Shares will cease to be, and will have no rights as, shareholders of CB Bancshares, other than rights to (a) receive any then unpaid dividend or other distribution with respect to such CB Shares having a record date before the Effective Time and (b) receive the Merger Consideration provided under this Article III.