Common use of Transfer, Split Up Clause in Contracts

Transfer, Split Up. Combination and Exchange of Rights -------------------------------------------------------- Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates. ---------------------------------------------------------------------- (a) Subject to SECTIONS 4(b), 7(e) and 14 hereof, at any time after the close of business on the Distribution Date, and at or prior to the close of business on the Expiration Date, any Rights Certificate or Certificates may be transferred, split up, combined or exchanged for another Rights Certificate or Certificates, entitling the registered holder to purchase a like number of one-hundredths of a share of Preferred Stock (or, following a (b) Upon receipt by the Company and the Rights Agent of evidence reasonably satisfactory to them of the loss, theft, destruction or mutilation of a Rights Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to them, and reimbursement to the Company and the Rights Agent of all reasonable expenses incidental thereto, and upon surrender to the Rights Agent and cancellation of the Rights Certificate if mutilated, the Company will execute and deliver a new Rights Certificate of like tenor to the Rights Agent for countersignature and delivery to the registered owner in lieu of the Rights Certificate so lost, stolen, destroyed or mutilated.

Appears in 1 contract

Sources: Rights Agreement (Capital Associates Inc)

Transfer, Split Up. Combination and Exchange of Rights -------------------------------------------------------- ----------------------------------------------- Right Certificates; Mutilated, Destroyed, Lost or Stolen Rights Right -------------------------------------------------------------- Certificates. ---------------------------------------------------------------------------------- (a) Subject to SECTIONS 4(b), 7(e) and 14 the provisions hereof, at any time after the close of business on the Distribution Date, Date and at or prior to the close of business on the Expiration Date, any Rights Right Certificate or Certificates may be transferred, (i) transferred or (ii) split up, combined or exchanged for another Rights Right Certificate or Right Certificates, entitling the registered holder to purchase a like number of one one-hundredths of a share of Series R Preferred Stock (or, following aas the Right Certificate or Right Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer any (b) Upon receipt by the Company Corporation and the Rights Agent of evidence reasonably satisfactory to them of the loss, theft, destruction or mutilation of a Rights Right Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to them, and and, if requested by the Corporation, reimbursement to the Company and the Rights Agent Corporation of all reasonable expenses incidental thereto, and upon surrender to the Rights Agent and cancellation of the Rights Right Certificate if mutilated, the Company Corporation will execute and deliver a new Rights Right Certificate of like tenor to the Rights Agent for countersignature and delivery to the registered owner in lieu of the Rights Right Certificate so lost, stolen, destroyed or mutilated.

Appears in 1 contract

Sources: Rights Agreement (Dc Holdco Inc)