Common use of Transfer of Shares After the Effective Time Clause in Contracts

Transfer of Shares After the Effective Time. No transfers of Shares shall be made on the stock transfer books of the Company after the close of business on the day of the Effective Time. From and after the Effective Time, the holders of Certificates evidencing ownership of Shares outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such Shares except as otherwise provided for herein or by applicable law. All cash paid upon the surrender for exchange of the Certificates in accordance with the terms of this Article shall be deemed to have been in full satisfaction of all rights pertaining to the Shares theretofore represented by such Certificates.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CCPC Holding Co Inc), Agreement and Plan of Merger (General Housewares Corp)

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Transfer of Shares After the Effective Time. No transfers of Shares shall be made on the stock transfer books of the Company at or after the close of business on the day of the Effective Time. From and after the Effective Time, the holders of Certificates certificates evidencing ownership of Shares outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such Shares except as otherwise provided for herein or by applicable law. All cash paid upon the surrender for exchange of the Certificates in accordance with the terms of this Article shall be deemed to have been in full satisfaction of all rights pertaining to the Shares theretofore represented by such Certificates.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Solvay S a /Adr/), Agreement and Plan of Merger (Unimed Pharmaceuticals Inc)

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Transfer of Shares After the Effective Time. No transfers of Shares shall be made on in the stock transfer books of the Company Surviving Corporation at or after the close of business on the day of the Effective Time. From and If, after the Effective Time, the holders of Certificates evidencing ownership of formerly representing Shares outstanding immediately prior are presented to the Effective Time Surviving Corporation, they shall cease to have any rights with respect to such Shares except as otherwise provided be canceled and exchanged for herein or by applicable law. All cash paid upon the surrender for exchange of the Certificates Merger Consideration in accordance with the terms of this provisions set forth in Article shall be deemed to have been in full satisfaction of all rights pertaining to the Shares theretofore represented by such CertificatesIV.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Digital Link Corp), Agreement and Plan of Merger (DLZ Corp)

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