Common use of Cessation of Rights Clause in Contracts

Cessation of Rights. From and after the date specified for redemption in any such notice, the Preferred Shares called for redemption shall cease to be entitled to dividends and the holders thereof shall not be entitled to exercise any of the rights of shareholders in respect thereof, unless payment of the redemption price of the Preferred Shares plus any dividends declared but unpaid thereon shall not be made upon presentation of the certificates in accordance with the foregoing provisions, in which case the rights of the holders shall remain unaffected.

Cessation of Rights. From and after the date specified for redemption in any such notice, the The Preferred Shares called for shall be redeemed on the redemption date and thereafter such shares shall cease to be entitled to dividends and the holders thereof shall not be entitled to exercise any of the rights of shareholders in respect thereof, unless payment of the redemption price of the Preferred Shares plus any dividends declared but unpaid thereon shall is not be made upon presentation of on the certificates in accordance with the foregoing provisionsredemption date, in which case the rights of the holders of such shares shall remain unaffected.

Cessation of Rights. From The preference shares shall be redeemed on the redemption date and after the date specified for redemption in any thereafter such notice, the Preferred Shares called for redemption shares shall cease to be entitled to dividends and the holders thereof shall not be entitled to exercise any of the rights of shareholders in respect thereof, unless payment of the redemption price of the Preferred Shares plus any dividends declared accrued but unpaid thereon shall is not be made upon presentation of on the certificates in accordance with the foregoing provisionsredemption date, in which case the rights of the holders of such shares shall remain unaffected.