Unclaimed Shares definition

Unclaimed Shares has the meaning given to it in Section 2.3(c).
Unclaimed Shares shall be defined as at Section 1.3(e). When a reference is made in this Agreement to Exhibits, Sections, Annexes or Schedules, such reference shall be to a Section of, or Exhibit, Annex or Schedule to, this Agreement unless otherwise indicated. The table of contents, tie sheet and headings contained in this Agreement are for ease of reference only and shall not affect the meaning or interpretation of this Agreement. Whenever the words "include," "includes," or "including" are used in this Agreement, they shall be deemed followed by the words "without limitation." Any singular term in this Agreement shall be deemed to include the plural and any plural term the singular.
Unclaimed Shares means shares of NBT Common Stock which holders of Old Certificates are entitled to receive under this Agreement to the extent that the Old Certificates to which such shares of NBT Common Stock relate have not been surrendered for exchange in accordance with this Agreement on or before the second anniversary of the Effective Time.

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.

Related to Unclaimed Shares

  • Unclaimed Property means any distribution to any Creditor under this Plan that is unclaimed sixty (60) days following the date of such distribution under this Plan.

  • Unclaimed Distribution means any distribution under the Plan on account of an Allowed Claim or Interest to a Holder that has not: (a) accepted a particular distribution or, in the case of distributions made by check, negotiated such check; (b) given notice to the Reorganized Debtors of an intent to accept a particular distribution; (c) responded to the Debtors’ or Reorganized Debtors’ requests for information necessary to facilitate a particular distribution; or (d) taken any other action necessary to facilitate such distribution.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Book-Entry Shares has the meaning set forth in Section 3(a).

  • Company Shares means the common shares in the capital of the Company;

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Book-Entry Share has the meaning set forth in Section 2.01(c).

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Company Stock Certificate shall have the meaning set forth in Section 1.6.

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Exchange Fund shall have the meaning set forth in Section 3.2(a).

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Newco Shares means the common shares in the capital of Newco;

  • Excess Shares shall have the meaning set forth in Section 3.1(a).

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Common Shares means the common shares in the capital of the Corporation;

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Cancelled Shares has the meaning set forth in Section 3.1(a).