Common use of Election and Proration Procedures Clause in Contracts

Election and Proration Procedures. (a) An election form in such form as Buyer shall reasonably specify (the “Election Form”) shall be mailed on a date to be mutually agreed by the Buyer and the Company that is not more than forty-five (45) days nor less than thirty (30) days prior to the anticipated Closing Date or on such other date as the Buyer and the Company shall mutually agree (the “Mailing Date”) to each holder of record of Company Common Stock as of the close of business on the fifth (5th) Business Day prior to the Mailing Date (the “Election Form Record Date”).

Election and Proration Procedures. (a) An election form in such form as Buyer Community shall reasonably specify and as shall be reasonably acceptable to Merchants (the “Election Form”) shall be mailed on a date to be mutually agreed by the Buyer and the Company Parties that is not more than forty-five (45) days nor less than thirty (30) days prior to the anticipated Closing Date or on such other date as the Buyer and the Company Parties shall mutually agree (the “Mailing Date”) to each holder of record of Company Merchants Common Stock as of the close of business on the fifth (5th) Business Day prior to the Mailing Date (the “Election Form Record Date”).

Election and Proration Procedures. (a) An election form in such form as Buyer Parent shall reasonably specify and as shall be reasonably acceptable to the Company (the “Election Form”) shall be mailed on a date to be mutually agreed by the Buyer Parent and the Company that is not more than forty-five (45) days nor less than thirty (30) days prior to the anticipated Closing Date or on such other date as the Buyer Parent and the Company shall mutually agree (the “Mailing Date”) to each holder of record of Company Common Stock as of the close of business on the fifth (5th) Business Day business day prior to the Mailing Date (the “Election Form Record Date”).

Election and Proration Procedures. (a) An election form in such form as Buyer Community shall reasonably specify and as shall be reasonably acceptable to Merchants (the “"Election Form”") shall be mailed on a date to be mutually agreed by the Buyer and the Company Parties that is not more than forty-five (45) days nor less than thirty (30) days prior to the anticipated Closing Date or on such other date as the Buyer and the Company Parties shall mutually agree (the “"Mailing Date”") to each holder of record of Company Merchants Common Stock as of the close of business on the fifth (5th) Business Day prior to the Mailing Date (the “"Election Form Record Date”").