Voting Shares. As soon as practicable after the determination of the amount of cash, if any, to be paid to holders of Trenwick Shares, LaSalle Holdings Shares, or Non-Voting Shares, as applicable, in lieu of any fractional New Holdings Share, the Trenwick Exchange Agent or the LaSalle Exchange Agent, as applicable, shall promptly pay without interest to all holders of Trenwick Shares, LaSalle Holdings Shares, or Non-Voting Shares, as applicable, entitled thereto all such amounts. Holders of interests representing fractional New Holdings Shares shall not be entitled to vote such interests or to any other rights as a shareholder of New Holdings.
Appears in 3 contracts
Sources: Agreement, Schemes of Arrangement and Plan of Reorganization (Lasalle Re Holdings LTD), Plan of Merger (Lasalle Re Holdings LTD), Scheme of Arrangement, Plan of Merger and Plan of Reorganization (Trenwick Group Inc)