Examples of Unclaimed Shares in a sentence
The net proceeds of any such sale of Unclaimed Shares shall be held for the holders of the unsurrendered Old Certificates whose Unclaimed Shares have been sold, to be paid to them upon surrender of their Old Certificates.
Keystone shall not be obligated to make any sale of Unclaimed Shares if it shall determine not to do so, even if notice of sale of the Unclaimed Shares has been given.
From and after any such sale, the sole right of the holders of the unsurrendered Old Certificates whose Unclaimed Shares have been sold shall be the right to collect the net sale proceeds held by Keystone for their respective accounts, and such holders shall not be entitled to receive any interest on such net sale proceeds held by Keystone.
If in the opinion of counsel for Keystone it is necessary or desirable, any Unclaimed Shares may be registered for sale under the Securities Act of 1933 and applicable state laws.
Sterling shall not be obligated to make any sale of Unclaimed Shares if it shall determine not do so, even if notice of sale of the Unclaimed Shares has been given.
In the event that any certificates for shares of HBI Common Stock have not been surrendered for exchange in accordance with this Section on or before the second anniversary of the Effective Time, Sterling may at any time thereafter, with or without notice to the holders of record of such certificates, sell for the accounts of any or all of such holders any or all of the shares of Sterling Common Stock which such holders are entitled to receive under Section 2.1(a) hereof (the "Unclaimed Shares").
The net proceeds of any such sale of Unclaimed Shares shall be held for holders of the unsurrendered certificates for shares of HBI Common Stock whose Unclaimed Shares have been sold, to be paid to them upon surrender of the certificates for shares of HBI Common Stock.
From and after any such sale, the sole right of the holders of the unsurrendered certificates for shares of HBI Common Stock whose Unclaimed Shares have been sold shall be the right to collect the net sale proceeds held by Sterling for their respective accounts, and such holders shall not be entitled to receive any interest on such net sale proceeds held by Sterling.
If, in the opinion of counsel for Sterling, it is necessary or desirable, any Unclaimed Shares may be registered for sale under the Securities Act of 1933, as amended (the "Securities Act") and applicable state laws.