Examples of Vencor Common Stock in a sentence
Solely for purposes of computing fractional ----------------- share interests pursuant to Section 2.03(a), the beneficial owner of shares of Vencor Common Stock or Healthcare Company Common Stock held of record in the name of a nominee will be treated as the holder of record of such shares.
Neither the Trustee nor the Escrow Agent shall be accountable with respect to the validity or value (or the kind or amount) of any Vencor Common Stock, or of any securities or property, which may at any time be issued or delivered upon the exchange of any Security; and neither the Trustee nor the Escrow Agent makes any representation with respect thereto.
Upon a Change in Control of Vencor, all shares of Vencor Common Stock subject to Vencor Common Stock Awards shall be issued and delivered to the Employee.
Such notice shall also state the name or names (with address) in which the certificate or certificates for shares of Vencor Common Stock (or such other securities, property or cash as shall be added to the Vencor Common Shares or as such shares of Vencor Common Stock shall have been changed into as provided in this Article 10) which shall be issuable on such exchange shall be issued.
No fractional shares of Vencor Common Stock or fractional interest in other securities or property shall be delivered upon exchange of Securities.
In the event that the Company elects to direct the Trustee to pay cash upon any exchange in lieu of delivering certificates representing shares of Vencor Common Stock or any other Exchange Security, as the case may be, the Company shall deliver or cause the Escrow Agent to deliver to such Holder written notice of such election not later than the first Business Day after the date of receipt by the Escrow Agent of the notice of exchange delivered by such Holder pursuant to Section 10.02.
Neither the Trustee nor the Escrow Agent shall be responsible for any failure of the Company to transfer or deliver any shares of Vencor Common Stock or stock certificates or other securities or property to the Escrow Agent as provided herein or, subject to the provisions of Section 6.01 and the express obligations assumed under the Escrow Agreement, to comply with any of the covenants of the Company contained in this Article 10.
If such registration statement is not effective or such qualification is not maintained, the Company shall direct the Escrow Agent to pay such Holder cash, in lieu of delivering such shares of Vencor Common Stock in accordance with the provisions of Section 10.13.
The Company hereby warrants that, upon exchange of a Security pursuant to this Indenture, the Holder thereof shall receive legal and valid title to the shares of Vencor Common Stock and any cash and other property apportioned thereto for which such Security is at such time exchangeable pursuant to this Indenture free and clear of any and all Liens.
The Escrow Agent or its nominee shall from time to time deliver, or cause to be delivered, to the Company, NMEPI, NMEPHC or any Permitted Transferee, as the case may be, such proxies, duly executed and in the form required by applicable law, as may be necessary or appropriate to permit the Company, NMEPI, NMEPHC or such Permitted Transferee, as the case may be, to vote on each matter submitted to the holders of shares of Vencor Common Stock or other securities which are part of the Escrowed Property.