After the Effective Time the Target Fund shall not conduct any business except in connection with its dissolution and termination. As soon as reasonably practicable after distribution of the Exchanged Survivor Fund Shares pursuant to paragraph 1.4: (a) the Target Fund shall be terminated as a series of the Trust and (b) the Trust shall make all filings and take all other actions in connection therewith necessary and proper to effect the Target Fund’s complete dissolution.
After the Effective Time there shall be no transfers on the stock transfer books of the Surviving Corporation of the shares of NM Stock that were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for transfer, they shall be canceled and exchanged for the Merger Consideration.
After the Effective Time. (a) The shareholders of Surety Bank, other than Surety and the holders of Dissenting Shares, as the holders of the outstanding certificate or certificates which prior thereto represented shares of Surety Bank Common Stock, may surrender same to Continuing Bank, and such shareholders of Surety Bank shall be entitled upon such surrender to receive from Continuing Bank in exchange therefor, without cost to such holder, the Exchange Price for each share of Surety Bank Common Stock represented by such outstanding certificate or certificates surrendered.
After the Effective Time. (a) The holders of the outstanding certificate or certificates which prior thereto represented shares of First Midlothian Common Stock may surrender same to Resulting Entity, and each shall be entitled upon such surrender to receive from Surety Bank in exchange therefor, without cost to such holders, the amount determined by dividing the Consideration by the number of shares of First Midlothian Common Stock outstanding at the Effective Time and multiplying such result by the number of shares of First Midlothian Common Stock represented by such outstanding certificate or certificates surrendered.
After the Effective Time. As of the Effective Time and during subsequent periods, the Board of Directors of Spinco or its successor, as applicable, or its designee shall have full discretion to determine the scope, terms and conditions of the Spinco Dedicated Benefit Plans, the Voyager Benefit Plans and the Combined Company Benefit Plans, subject only to applicable Law and the terms of any applicable contractual obligations.
After the Effective Time there shall be no further transfers on the stock transfer books of the Surviving Corporation of the Existing Shares that were outstanding immediately prior to the Effective Time. If, after the Effective Time, Share Certificates representing Existing Shares are presented to the Surviving Corporation, they shall be cancelled and exchanged for the cash amount provided for, and in accordance with the procedures set forth in this Article 2.
After the Effective Time. At and after the Effective Time, the stock transfer books of the Surviving Corporation shall be closed with respect to the Company Common Stock and the Company Preferred Stock and there shall be no further registration of transfers of Company Common Stock or Company Preferred Stock thereafter on the records of the Surviving Corporation. If, after the Effective Time, certificates formerly representing shares of Company Common Stock or Company Preferred Stock are presented to the Surviving Corporation, they shall be cancelled and exchanged for the consideration set forth in Sections 2.1(b)(iii) and 2.1(b)(iv), respectively, hereof, as provided in, and subject to, this Article II.
After the Effective Time shares of TFC Common Stock shall be no longer outstanding and shall automatically be canceled and shall cease to exist, and shall thereafter by operation of this section be the right to receive the Merger Consideration.
After the Effective Time. Buyer shall use its best efforts to determine the Discounts. Buyer shall have the sole responsibility for negotiation of the Discounts with Meritus's former customers, and Seller shall not take any action with respect to the Discounts or the former customers of Meritus, except with the prior written consent of Buyer. Any Discount totaling in excess of $10,000.00 shall be approved in advance by E.
After the Effective Time. Allegiant and Southside agree that Surviving Corporation will provide, or cause to be provided, such coverage to the officers and directors of Southside and the Southside Subsidiaries who shall continue as officers and directors of the Surviving Corporation and its Subsidiaries to the same extent that Allegiant provides or causes to be provided such coverage to the other officer and directors of Surviving Corporation and its Subsidiaries.