Common use of Treatment of Unexchanged Shares Clause in Contracts

Treatment of Unexchanged Shares. No dividends or other distributions, if any, with a record date after the Effective Time with respect to Parent Common Stock, shall be paid to the holder of any unsurrendered share of Company Common Stock to be converted into shares of Parent Common Stock pursuant to Section 2.1(a)(iii) until such holder shall surrender such share in accordance with this Section 2.4. After the surrender in accordance with this Section 2.4 of a share of Company Common Stock to be converted into shares of Parent Common Stock pursuant to Section 2.1(a)(iii), the holder thereof shall be entitled to receive (in addition to the Merger Consideration payable to such holder pursuant to this Article II) any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to the share of Parent Common Stock represented by such share of Company Common Stock.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (PNK Entertainment, Inc.), Agreement and Plan of Merger (Pinnacle Entertainment Inc.), Agreement and Plan of Merger (Gaming & Leisure Properties, Inc.)

AutoNDA by SimpleDocs

Treatment of Unexchanged Shares. No dividends or other distributions, if any, with a record date after the Effective Time with respect to Parent Common Stock, shall be paid to the holder of any unsurrendered share of Company Common Stock to be converted into cash and shares of Parent Common Stock pursuant to Section 2.1(a)(iii) until such holder shall surrender such share in accordance with this Section 2.4. After the surrender in accordance with this Section 2.4 of a share of Company Common Stock to be converted into cash and shares of Parent Common Stock pursuant to Section 2.1(a)(iii), the holder thereof shall be entitled to receive (in addition to the Merger Consideration payable to such holder pursuant to this Article II) any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to the share of Parent Common Stock represented by such share of Company Common Stock.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Ii-Vi Inc), Agreement and Plan of Merger (Coherent Inc), Agreement and Plan of Merger (Lumentum Holdings Inc.)

Treatment of Unexchanged Shares. No dividends or other distributions, if any, with a record date at or after the Effective Time with respect to Parent Common Stock, shall be paid to the holder of any unsurrendered share of Company Common Stock to be converted into shares of Parent Common Stock pursuant to Section 2.1(a)(iii) until such holder shall surrender such share in accordance with this Section 2.42.2. After the surrender in accordance with this Section 2.4 2.2 of a share of Company Common Stock to be converted into shares of Parent Common Stock pursuant to Section 2.1(a)(iii), the holder thereof shall be entitled to receive (in addition to the Merger Consideration and the Fractional Share Cash Amount payable to such holder pursuant to this Article II) any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to the share of Parent Common Stock represented by such share of Company Common Stock.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Dollar Tree Inc), Agreement and Plan of Merger (Family Dollar Stores Inc)

Treatment of Unexchanged Shares. No dividends or other distributions, if any, with a record date after the Effective Time with respect to Parent Common Stock, shall be paid to the holder of any unsurrendered share of Company Common Stock to be converted into shares of Parent Common Stock pursuant to Section 2.1(a)(iii3.1(a)(i) until such holder shall surrender such share in accordance with this Section 2.43.2. After the surrender in accordance with this Section 2.4 3.2 of a share of Company Common Stock to be converted into the right to receive shares of Parent Common Stock pursuant to Section 2.1(a)(iii3.1(a)(i), the holder thereof shall be entitled to receive (in addition to the Merger Transaction Consideration and the Fractional Share Cash Amount payable to such holder pursuant to this Article IIARTICLE III) any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to the share of Parent Common Stock represented by issuable in respect of such share of Company Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Applied Micro Circuits Corp)

AutoNDA by SimpleDocs

Treatment of Unexchanged Shares. No dividends or other distributions, if any, with a record date after the First Effective Time with respect to Parent Buyer Common Stock, shall be paid to the holder of any unsurrendered share Share of Company Common Stock to be converted into the right to receive shares of Parent Buyer Common Stock pursuant to Section 2.1(a)(iii) 1.3 until such holder shall surrender such share Shares in accordance with this Section 2.41.6. After the surrender in accordance with this Section 2.4 1.6 of a share of Company Common Stock Share to be converted into the right to receive shares of Parent Buyer Common Stock pursuant to Section 2.1(a)(iii)1.3, the holder thereof shall be entitled to receive (in addition to the Common Share Merger Consideration payable to such holder pursuant to this Article IISection 1.6) any such dividends or other distributions, without any interest thereon, which theretofore had become payable with respect to the share of Parent Buyer Common Stock represented by issuable in respect of such share Share of Company Common Stock.

Appears in 1 contract

Samples: Business Combination Agreement (Legacy Acquisition Corp.)

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