Examples of Equiserve in a sentence
At or promptly after the Effective Time, Parent shall make available to Equiserve L.P., or a bank reasonably acceptable to the Company (the "Exchange Agent"), in trust for the benefit of the holders of shares of Company Common Stock for exchange in accordance with this Article II, (i) cash in an amount sufficient to pay cash in lieu of fractional shares pursuant to Section 2.3, and (ii) certificates representing the aggregate number of shares of Parent Common Stock issuable pursuant to Section 2.1 hereof.
The stock is then issued by the Plan transfer agent, Boston Equiserve, directly to the participant.
References in this Agreement to “Parent Stock” shall include, unless the context requires otherwise, the associated preferred share purchase rights (“Parent Rights”) issued pursuant to the Rights Agreement, dated as of January 25, 2000, between Parent and Xxxxx Fargo Bank, N.A. (as successor in interest to Equiserve Trust Company, N.A. and First Chicago Trust Company of New York )(as amended prior to the Effective Time, the “Parent Rights Agreement”).
After the Effective Time, Equiserve will act as transfer agent for and on behalf of Jabil, in effecting the exchange of Jabil Shares for certificates that, before the Effective Time, represented GET Shares entitled to be exchanged for Jabil Shares pursuant to Sections 3.1 and 3.2 above.
The duly appointed Transfer Agent (the “Transfer Agent”) or Registrar (the “Registrar”) for the Preferred Stock shall be Equiserve Trust Company, N.A. The Corporation may, in its sole discretion, remove the Transfer Agent and Registrar in accordance with the agreement between the Corporation and the Transfer Agent and Registrar; provided that the Corporation shall appoint a successor transfer agent and registrar who shall accept such appointment prior to the effectiveness of such removal.
In addition, prior to the Effective Time, Colonial shall appoint Equiserve Trust Company as the depositary for the Colonial Series E Preferred Depositary Shares, or another bank or trust company reasonably acceptable to Cornerstone, pursuant to a Depositary Agreement in form and substance reasonably acceptable to Cornerstone.
Prior to the Effective Time, EOP shall appoint Equiserve LLC as the exchange agent, or another bank or trust company reasonably acceptable to Cornerstone, to act as exchange agent (the "Exchange Agent") for the exchange of the Merger Consideration upon surrender of certificates representing issued and outstanding shares of Cornerstone Common Stock and Cornerstone 7% Preferred Stock.
Upon the surrender and exchange of such holder's Share certificates, and delivery to Equiserve of executed Transmittal Letters, the holder will receive, without interest, that number of Jabil Shares to which such holder is entitled at such time under this Agreement, and each such certificate will be immediately cancelled.
Based on the preliminary report of Equiserve, the depositary for the offer, approximately 16,926,908 Viasoft shares were validly tendered and not withdrawn (including approximately 788,100 shares subject to guarantee of delivery), representing approximately 93% of Viasoft's outstanding shares.
The authorized capital stock of the Company consists of 40,000,000 shares of common stock, $1.25 par value ("Company Common Stock"), and 1,000,000 shares of preferred stock, $1 par value ("Preferred Stock"), of which 150,000 shares have been designated Series A Junior Participating Preferred Stock and reserved for issuance pursuant to the Rights Agreement dated May 31, 1990 (as amended) between the Company and Equiserve Trust Company, N.A., as rights agent (the "Company Rights Agreement").