Common use of Cancellation and Destruction of Rights Certificates Clause in Contracts

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form or, if surrendered to the Rights Agent, shall be canceled by it; and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall cancel, any other Rights Certificate purchased or reacquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled Rights Certificates to the Company or shall, at the written request of the Company, destroy such canceled Rights Certificates and deliver a certificate of the destruction thereof to the Company.

Appears in 4 contracts

Samples: Rights Agreement (Home Products International Inc), Rights Agreement (Success Bancshares Inc), Stockholders Rights Agreement (Whitehall Jewellers Inc)

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Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form cancelled form, or, if surrendered to the Rights Agent, shall be canceled cancelled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellationcancellation and retirement, and the Rights Agent shall cancelso cancel and retire, any other Rights Certificate purchased or reacquired Certificates acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 3 contracts

Samples: Rights Agreement (Breeze-Eastern Corp), Rights Agreement (Asta Funding Inc), Rights Agreement (Genvec Inc)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled cancelled form or, if surrendered to the Rights Agent, shall be canceled cancelled by it; and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall cancel, any other Rights Certificate purchased or reacquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates and deliver a certificate of the destruction thereof to the Company.

Appears in 3 contracts

Samples: Stockholders Rights Agreement (Peapod Inc), Stockholders Rights Agreement (Peapod Inc), Stockholders Rights Agreement (Floss Acquisitions Corp)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split upsplitup, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form cancelled form, or, if surrendered to the Rights Agent, shall be canceled cancelled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall so cancel, any other Rights Certificate purchased or reacquired acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Rights Agreement (Evergreen Bancorp Inc)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose pur pose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled cancelled form or, if surrendered to the Rights Agent, shall be canceled cancelled by it; and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall cancel, any other Rights Certificate purchased or reacquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates and deliver de liver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Shareholders Rights Agreement (Midamerican Energy Holdings Co)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split upsplitup, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form form, or, if surrendered to the Rights Agent, shall be canceled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall so cancel, any other Rights Certificate purchased or reacquired acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Rights Agreement (Armco Inc)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form cancelled form, or, if surrendered to the Rights Agent, shall be canceled cancelled by it; , and no Rights Certificates shall be issued in lieu thereof thereof, except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellationcancellation and retirement, and the Rights Agent shall cancelso cancel and retire, any other Rights Certificate purchased or reacquired Certificates acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Rights Agreement (Vita Food Products Inc)

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Cancellation and Destruction of Rights Certificates. All --------------------------------------------------- Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled cancelled form or, if surrendered to the Rights Agent, shall be canceled cancelled by it; and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellation, and the Rights Agent shall cancel, any other Rights Certificate purchased or reacquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates and deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Peapod Inc)

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form form, or, if surrendered to the Rights Agent, shall be canceled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellationcancellation and retirement, and the Rights Agent shall cancelso cancel and retire, any other Rights Certificate purchased or reacquired acquired by the Company Company, otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Rights Agreement (Reynolds Metals Co)

Cancellation and Destruction of Rights Certificates. β€Œ All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form cancelled form, or, if surrendered to the Rights Agent, shall be canceled cancelled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellationcancellation and retirement, and the Rights Agent shall cancelso cancel and retire, any other Rights Certificate purchased or reacquired Certificates acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy or cause to be destroyed such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Rights Agreement

Cancellation and Destruction of Rights Certificates. All Rights Certificates surrendered for the purpose of exercise, transfer, split split-up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form cancelled form, or, if surrendered to the Rights Agent, shall be canceled cancelled by it; , and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by this Agreement. The Company shall deliver to the Rights Agent for cancellationcancellation and retirement, and the Rights Agent shall cancelso cancel and retire, any other Rights Certificate purchased or reacquired Certificates acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled cancelled Rights Certificates to the Company Company, or shall, at the written request of the Company, destroy such canceled cancelled Rights Certificates Certificates, and in such case shall deliver a certificate of the destruction thereof to the Company.

Appears in 1 contract

Samples: Shareholder Rights Agreement (Dycom Industries Inc)

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