Common use of OUTSTANDING CERTIFICATES AND FRACTIONAL SECURITIES Clause in Contracts

OUTSTANDING CERTIFICATES AND FRACTIONAL SECURITIES. 5.1 From and after the Effective Time, certificates formerly representing Extendicare Shares under the Arrangement shall represent only the right to receive the consideration to which the holders are entitled under the Arrangement, or as to those held by Dissenting Shareholders, other than those Dissenting Shareholders deemed to have participated in the Arrangement pursuant to Section 4.1, to receive the fair value of the Extendicare Shares represented by such certificates.

Appears in 3 contracts

Samples: Arrangement Agreement (Assisted Living Concepts Inc), Arrangement Agreement (Assisted Living Concepts Inc), Arrangement Agreement (Extendicare Real Estate Investment Trust)

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OUTSTANDING CERTIFICATES AND FRACTIONAL SECURITIES. 5.1 5.01 From and after the Effective Time, certificates formerly representing Extendicare Common Shares acquired by AcquisitionCo under the Arrangement shall represent only the right to receive the consideration to which the holders are entitled under the Arrangement, or as to those held by Dissenting Shareholders, other than those Dissenting Shareholders deemed to have participated in the Arrangement pursuant to Section 4.14.01, to receive the fair value of the Extendicare Common Shares represented by such certificates.

Appears in 2 contracts

Samples: Arrangement Agreement (Marathon Oil Corp), Arrangement Agreement (Marathon Oil Corp)

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