Paying Agent and Conversion Agent. (a) The Corporation shall maintain in the United States (i) an office or agency where Preferred Stock may be presented for payment (the “Paying Agent”) and (ii) an office or agency where, in accordance with the terms hereof, Preferred Stock may be presented for conversion (the “Conversion Agent”). The Transfer Agent may act as Paying Agent and Conversion Agent, unless another Paying Agent or Conversion Agent is appointed by the Corporation. The Corporation may appoint the Registrar, the Paying Agent and the Conversion Agent and may appoint one or more additional paying agents and one or more additional conversion agents in such other locations as it shall determine. The term “Paying Agent” includes any additional paying agent and the term “Conversion Agent” includes any additional conversion agent. The Corporation may change any Paying Agent or Conversion Agent without prior notice to any Holder. The Corporation shall notify the Registrar of the name and address of any Paying Agent or Conversion Agent appointed by the Corporation. If the Corporation fails to appoint or maintain another entity as Paying Agent or Conversion Agent, the Registrar shall act as such or the Corporation or any of its Affiliates shall act as Paying Agent, Registrar or Conversion Agent.
Appears in 3 contracts
Samples: Backstop and Subscription Agreement, Subscription Agreement (Hennessy Capital Acquisition Corp. III), Backstop and Subscription Agreement (Hennessy Capital Acquisition Corp. III)
Paying Agent and Conversion Agent. (a) The Corporation Company shall maintain in the United States (i) an office or agency where Preferred Stock may be presented for payment (the “Paying Agent”) and (ii) an office or agency where, in accordance with the terms hereof, Preferred Stock may be presented for conversion (the “Conversion Agent”). The Transfer Agent may act as Paying Agent and Conversion Agent, unless another Paying Agent or Conversion Agent is appointed by the CorporationCompany. The Corporation Company may appoint the Registrar, the Paying Agent and the Conversion Agent and may appoint one or more additional paying agents and one or more additional conversion agents in such other locations as it shall determine. The term “Paying Agent” includes any additional paying agent and the term “Conversion Agent” includes any additional conversion agent. The Corporation Company may change any Paying Agent or Conversion Agent without prior notice to any Holder. The Corporation Company shall notify the Registrar of the name and address of any Paying Agent or Conversion Agent appointed by the CorporationCompany. If the Corporation Company fails to appoint or maintain another entity as Paying Agent or Conversion Agent, the Registrar shall act as such or the Corporation Company or any of its Affiliates shall act as Paying Agent, Registrar or Conversion Agent.
Appears in 3 contracts
Samples: Subscription Agreement (Hennessy Capital Acquisition Corp II), Subscription Agreement (Hennessy Capital Acquisition Corp.), Backstop and Subscription Agreement (Quinpario Acquisition Corp.)
Paying Agent and Conversion Agent. (a) The Corporation shall Company will maintain in the United States (i1) an office or agency where Convertible Preferred Stock may be presented for payment (the “Paying Agent”) and (ii2) an office or agency where, in accordance with the terms hereof, Convertible Preferred Stock may be presented for conversion (the “Conversion Agent”). The Transfer Agent may act as Paying Agent and Conversion Agent, unless another Paying Agent or Conversion Agent is appointed by the CorporationCompany. The Corporation Company may appoint the Registrar, the Paying Agent and the Conversion Agent and may appoint one or more additional paying agents and one or more additional conversion agents in such other locations as it shall will determine. The term “Paying Agent” includes any additional paying agent and the term “Conversion Agent” includes any additional conversion agent. The Corporation Company may change any Paying Agent or Conversion Agent without prior notice to any Holder. The Corporation shall Company will notify the Registrar of the name and address of any Paying Agent or Conversion Agent appointed by the CorporationCompany. If the Corporation Company fails to appoint or maintain another entity as Paying Agent or Conversion Agent, the Registrar shall will act as such or the Corporation Company or any of its Affiliates shall act as Paying Agent, Registrar or Conversion Agent.
Appears in 1 contract
Samples: Joinder Agreement (M3-Brigade Acquisition II Corp.)
