Surrender of Stock Certificates Sample Clauses

Surrender of Stock Certificates. (a) When and as needed, Parent shall deposit or cause to be deposited (and Parent shall provide all necessary funds and otherwise cause Merger Sub to deposit), with a bank or trust company designated by Parent or Merger Sub (and reasonably acceptable to the Company) to act as agent (the "Paying Agent") for the holders of Shares and Preferred Shares, the funds to which holders of Shares and Preferred Shares shall become entitled pursuant to Section 3.03(a) or Section 3.03(b), as the case may be. Such funds shall be invested by the Paying Agent as directed by Parent or the Surviving Corporation.
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Surrender of Stock Certificates. Promptly following the Second Effective Time, Parent shall surrender all of the issued and outstanding Merged Corporation Stock to the Surviving Corporation.
Surrender of Stock Certificates. At the Closing (as defined in Section 2.8 below):
Surrender of Stock Certificates. All certificates for common stock or securities transferred and delivered to the Trustees pursuant to this Agreement shall be surrendered by the Trustees to the Company and cancelled, and new certificates therefor shall be issued by the Company to and in the names of the Trustees. Such new certificates, and any other certificates for shares of common stock or other securities issued to the Trustees pursuant to this Agreement, shall be endorsed by the Company with a legend to the effect that they are issued pursuant and subject to this Agreement and a similar notation shall appear in the appropriate place in the transfer books of the Company.
Surrender of Stock Certificates. Before any holder of shares of Series B Common Stock will be entitled to receive a certificate or certificates representing shares of any kind of capital stock or cash in lieu of a fractional share with respect to such shares pursuant to this Section 4.1.4, such holder must surrender, at such place as the corporation will specify, certificates representing such shares of Series B Common Stock, properly endorsed or assigned for transfer, unless the corporation waives such requirement. The corporation will, as soon as practicable after such surrender of certificates representing shares of Series B Common Stock, deliver, or cause to be delivered, at the office of the transfer agent for the shares or other securities to be delivered, to the holder for whose account shares of Series B Common Stock were so surrendered, or to the nominee or nominees of such holder, a certificate or certificates representing the number of whole shares of the kind of capital stock, or cash, securities (other than capital stock), or other assets to which such holder or nominee will be entitled as aforesaid, together with any payment for fractional securities contemplated by paragraph 4.1.4(i).
Surrender of Stock Certificates. The Managing Trustee, in his absolute discretion, may in connection with any distribution require each Beneficiary to (i) surrender their certificates evidencing capital stock of the Company (“Stock Certificates”) to the Managing Trustee, or (ii) furnish the Trust with evidence satisfactory to the Managing Trustee of the loss, theft or destruction of their Stock Certificates, together with such surety bond or other security or indemnity as may be required by and satisfactory to the Managing Trustee. The Managing Trustee, in his absolute discretion, shall determine whether or not to issue certificates representing Beneficial Interests in the Trust (the “Trust Certificates”).
Surrender of Stock Certificates. At the Closing, Polystick shall surrender the certificates representing its shares of Company Stock, and in exchange therefore, Polystick shall be entitled to receive the Purchase Price.
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Surrender of Stock Certificates. Please do not send stock certificates with your proxies. A letter of transmittal with instructions for surrendering any Hostopia common stock certificate will be mailed to Hostopia stockholders as soon as reasonably practicable after completion of the Merger. See “The Merger – Procedures for Surrender of Certificates”.
Surrender of Stock Certificates. (a) Prior to the Stockholder Meetings (as defined in Section 6.2), Parent shall mail to each record holder of Xxx Group Common Stock and MacManus Common Stock a letter of transmittal in form reasonably acceptable to Xxx Group and MacManus (which shall contain instructions for effecting the surrender of the Certificates in exchange for Parent Certificates and/or cash in lieu of fractional shares in accordance with this Article II and shall specify that delivery of the respective Merger Consideration shall be effected, and risk of loss shall pass, only upon proper delivery of Certificates to Parent). Upon surrender for cancellation of a Certificate, together with such letter of transmittal, duly completed and executed (and such other documents as may be reasonably requested by Parent) the holder of such Certificate shall be entitled to receive in exchange therefor (i) a Parent Certificate representing the number of full shares of Parent Common Stock into which the Xxx Group Common Stock or MacManus Common Stock, as the case may be, theretofore represented by the Certificates so surrendered shall have been converted in accordance with Section 2.1(b) or 2.2(b) hereof and (ii) a cash payment in lieu of fractional shares of Parent Common Stock, if any, in accordance with Section 2.6 hereof. All shares of Parent Common Stock so issued shall be deemed to have been issued at the Effective Time. Any Certificate so surrendered shall forthwith be canceled.
Surrender of Stock Certificates. At the Closing (as defined in Section 2.5 below), the Stockholders shall surrender the certificate(s) representing its shares of Company Stock, and in exchange therefor it shall be entitled to receive the Purchase Price.
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