The Distributions. (a) Subject to Section 3.3, on or prior to the applicable Effective Time, Carrier or Xxxx, as applicable, will deliver to the Distribution Agent, for the benefit of the Record Holders, book-entry transfer authorizations for such number of the outstanding Carrier Shares or Otis Shares as is necessary to effect the Carrier Distribution or the Otis Distribution, as applicable, and shall cause the transfer agent for the UTC Shares to instruct the Distribution Agent to distribute at the applicable Effective Time the appropriate number of Carrier Shares or Otis Shares, as applicable, to each such Record Holder or designated transferee or transferees of such Record Holder by way of direct registration in book-entry form. Neither Carrier nor Otis will issue paper stock certificates in respect of such Carrier Shares or Otis Shares, respectively.
The Distributions. (a) Subject to the satisfaction or waiver of the conditions set forth in Section 3.3, Parent shall effect the Distributions as follows:
The Distributions. (a) On or before the Distribution Date, Varian shall:
The Distributions. 18 SECTION 3.01. Tenneco Action Prior to the Distributions...... 18 SECTION 3.02. The Distributions.............................. 19 SECTION 3.03.
The Distributions. 24 Section 3.01. Record Date and Distribution Date.......................................... 24 Section 3.02. The Distributions.......................................................... 24 ARTICLE IV
The Distributions. Section 4.1 Stock Dividends to DowDuPont 103 Section 4.2 Fractional Shares 104 Section 4.3 Sole Discretion of DowDuPont 105 Section 4.4 Conditions to Distributions 105 Section 4.5 Effectiveness of Distributions 109 ARTICLE V
The Distributions. Section 4.1 Stock Dividends to Temple-Inland; Distributions 44
The Distributions. The Distributions shall have occurred, effective immediately prior to the Closing.
The Distributions. The following transactions shall be consummated on the date hereof in the following order:
The Distributions. Subject to the terms and conditions of this Agreement, New Xxxxx shall instruct the Distributions Agent to effect the Distributions pursuant to the Distributions Agent Agreement to each holder of record of New Xxxxx Common Stock on the New Xxxxx Record Date (or, if applicable, any transferee of such holder that purchased such holder’s shares in the “regular way” market).
