Share Deposit Sample Clauses

Share Deposit. Prior to the Exchange Time, Canco and RTO Acquiror shall deposit or cause to be deposited with the Depositary, for the benefit of the holders of Meta Shares, the aggregate number of whole Exchangeable Shares and the aggregate number of whole RTO Acquiror Shares issuable to holders of Meta Shares in accordance with Section 2.2(b) and Section 2.2(c) under this Plan of Arrangement. Upon surrender to the Depositary by a holder of Meta Shares of a duly completed Letter of Transmittal and Election Form and such other documents and instruments as the Depositary may reasonably require along with the certificate or certificates, if any, representing such Meta Shares to be exchanged under the Arrangement for cancellation, such holder of Meta Shares shall be entitled to receive, and promptly after the Exchange Time the Depositary shall deliver to such person, written evidence of the book entry issuance in uncertificated form to, or certificates registered in the name of, such person representing that number of Exchangeable Shares and/or RTO Acquiror Shares which such person is entitled to receive in accordance with Section 2.2(b) and Section 2.2(c) less any amounts withheld pursuant to Section 4.5, and any certificate so surrendered shall forthwith be cancelled. In the event of a transfer of ownership of such Meta Shares which was not registered in the transfer records of Meta, written evidence of the book entry issuance of, or certificates representing, the number of Exchangeable Shares and/or RTO Acquiror Shares issuable to the registered holder may be registered in the name of and issued to the transferee if the certificate representing such Meta Shares is presented to the Depositary, accompanied by a duly completed Letter of Transmittal and Election Form and all documents required to evidence and effect such transfer. Without limiting the provisions of Section 2.5, until surrendered as contemplated by this Section 4.1, each certificate which immediately prior to the Exchange Time represented one or more outstanding Meta Shares that, under the Arrangement, were exchanged pursuant to Section 2.2(b) or Section 2.2(c), shall be deemed at all times after the Exchange Time to represent only the right to receive upon such surrender (i) the Consideration to which the holder thereof is entitled under the Arrangement, or as to a certificate held by a Dissenting Shareholder (other than a shareholder who exercised Dissent Rights who is deemed to have participated in the Arra...
Sample 1Sample 2See All (7)
AutoNDA by SimpleDocs
Share Deposit. The Depositary has been advised that, under FEFTA as in effect as of the date of the Deposit Agreement, (i) if the Company or any of its FEFTA Covered Entities does engage in any FEFTA Designated Business, the Depositary would then be required to submit the FEFTA Pre-Notification for clearance to the applicable Japanese governmental authorities prior to accepting any Shares for deposit, (ii) the statutory waiting period for the review of the FEFTA Pre-Notification by the applicable governmental authorities is 30 days subject to acceleration or extension to a maximum of 5 months (the “FEFTA Statutory Waiting Period”), and (iii) the Depositary cannot in such circumstances legally accept any Shares for deposit unless or until the FEFTA Statutory Waiting Period has expired in accordance with the FEFTA without the applicable governmental authorities having issued any recommendation or order requesting or ordering suspension of, or amendment to the terms of, the acceptance of the Shares as described the FEFTA Pre-Notification (the “Satisfactory Expiration of the FEFTA Statutory Waiting Period”). As a result, the Depositary agrees that, if the Company notifies the Depositary that the Company or any of its FEFTA Covered Entities does engage in any FEFTA Designated Business, the Depositary will not accept any Shares for deposit under the terms of the Deposit Agreement unless and until (x) the Depositary has submitted the FEFTA Pre-Notification for clearance to the applicable Japanese governmental authorities, and (y) Satisfactory Expiration of the FEFTA Statutory Waiting Period. Nothing contained in the Deposit Agreement or any ADR shall contractually obligate the Depositary to accept Shares for deposit from any investor or to submit a FEFTA Pre-Notification for any investor proposing to deposit Share.
Sample 1Sample 2See All (5)
Share Deposit. ARTICLE 4
Sample 1Sample 2
Share Deposit. Upon receipt by Alloy at or after the Effective Time from Stockholder of the items referred to in Sections 2.2(c)(i) and (ii) below, Alloy shall cause to be deposited with the Escrow Agent, and Stockholder, by his execution and delivery of this Agreement and/or approval of the Merger, hereby authorizes and directs Alloy to make such deposit on his behalf, a certificate representing 258,059 of the Merger Shares (the "Escrow Shares").
Sample 1
Share Deposit. As per the terms of the Deposit Share Agreement, the Participant has given bonus income for Deposit Shares awarded under this Agreement. The Participant has effectively deposited with the Company _[number of Deposit Shares]______ shares of Stock (the “Deposit Shares”) pursuant to the Deposit Share Agreement. The Deposit Shares are unrestricted, vested and fully transferable as of December [y], 202[z]. The Deposit Shares will be returned on the Distribution Date, which is December [y], 202[z].
Sample 1

Related to Share Deposit

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • Escrow Deposit Concurrently with the execution and delivery of this Agreement, the Holder will deliver [the sum of ____________________ Dollars ($_____________) in lawful money of the United States of America by wire transfer of immediately available funds] [and] [[ ] Class A Trust Certificates] [and] [[ ] Class B Trust Certificates] in accordance with Section 14 of the Series Supplement] (the "Escrow Deposit"), to Escrow Agent to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit. Any cash amounts in the Escrow Deposit may be increased or decreased in accordance with the terms of Section 2.02(i)(vi) of the Warrant Agreement and the terms of this agreement will apply with equal force and effect to any such increased or decreased cash amounts in the Escrow Deposit.

  • Purchase Price; Deposit (a) The purchase price for the Property is AND 00/100 DOLLARS ($ ) (the “Purchase Price”), payable as follows:

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

  • Performance Deposit Permittee shall deposit the Performance Deposit required under Paragraph F of this Permit with Port upon execution of this Permit, which sum (and any additions thereto required hereunder) shall be by cash or irrevocable letters of credit, each in a form and from an issuer acceptable in Port’s sole discretion. Any letter of credit provided as a Performance Deposit must be in the form of the letter of credit attached hereto as Exhibit “11”, or such successor form as Port may from time to time require by written notice to Permittee, and shall be drawn on a bank located within the continental United States acceptable to the Port’s Chief Financial Officer. The Port’s preference is for Permittee to provide a letter of credit that can be drawn at a site or counter of such a bank with a branch office located in Oakland or San Francisco, California. (Letters of credit issued through correspondent banks will not be accepted.) Unless the Port receives a written extension or replacement of the letter of credit at least ninety (90) days before the end of the term of the letter of credit, the Port without notice to Permittee, may draw on the letter of credit and retain all proceeds as a cash Performance Deposit pursuant to the terms of this Section 27. The Performance Deposit shall be retained by Port as security for the faithful performance of Permittee’s obligations hereunder and under any other agreement between Port and Permittee. From time to time, the Port shall have the right to increase the amount of the Performance Deposit to reflect any increases in the amount of the total Minimum Annual Guaranty (rounded to the nearest thousand), or to such greater amount required by Port Policy No. AP 509 – Collection of Delinquent Accounts, as such Policy may be amended from time to time, by giving Permittee fifteen (15) days written notice and Permittee shall be obligated to increase the Performance Deposit to such amount by the end of such fifteen

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

  • The Deposit The following clauses set out: what OpenRent will do with the Deposit paid by the Tenant under clause 3 above; what the Tenant can expect of the Landlord or OpenRent when either deals with the Deposit; the circumstances in which the Tenant is entitled to less than the full Deposit returned at the conclusion of the tenancy; and the circumstances in which other monies may be requested from the Tenant. By signing, all parties declare that the details relating to the Deposit that are outlined in this tenancy agreement are correct to the best of their knowledge and belief.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000. This does not apply to transactions occurring outside the United States.

  • Payment of Deposit The Buyer must pay the Deposit to the Developer. The Developer agrees to accept the payment of the Deposit in 2 instalments as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.