Common Certificate definition
Examples of Common Certificate in a sentence
Until surrendered as contemplated by this Section 2.02, each Common Certificate shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender the Common Merger Consideration to which the holder of such Common Certificate is entitled pursuant to this Article II.
In the event that after the Effective Date a dissenting stockholder of MainStreet fails to perfect, or effectively withdraws or loses, such holder’s right to appraisal of and payment for such holder’s shares, American shall issue and deliver the consideration to which such holder of shares of MainStreet Common Stock is entitled under this Article 2 (without interest) upon surrender by such holder of the MainStreet Common Certificate representing such shares.
At the Effective Time, each holder of a Common Certificate which, prior to the Effective Time, represented shares of HNWC Common Stock (except for Common Dissenters' Shares), shall cease to have any rights with respect to any shares of HNWC capital stock.
The Common Certificate so surrendered shall forthwith be canceled.
Upon such conversion, the LLC shall cause to be issued to each holder of Preferred Units a new LLC Common Certificate for that number of Common Units to be received upon such conversion.
In addition, the Company agrees to use its commercially reasonable efforts to facilitate the exchange of the Common Certificate for book-entry shares of Common Stock upon the request of the Holder.
Each Summit shareholder shall be entitled to receive a UJB Common Certificate for the number of whole shares of UJB Common resulting from such multiplication.
Until surrendered as contemplated by this SECTION 3.2(B), each Company Common Certificate (other than a Company Common Certificate representing Company Common Shares to be canceled in accordance with SECTION 3.1(B) or Dissenting Shares) shall, at and after the Effective Time, be deemed to represent only the right to receive, upon such surrender, the Merger Consideration contemplated by this SECTION 3.2(B).
To be effective, a Form of Election must be properly completed, signed and submitted to the Exchange Agent and accompanied by the certificates representing the Company Common Shares ("COMPANY COMMON CERTIFICATES") as to which the Election is being made (or by an appropriate guarantee of delivery of such Company Common Certificate signed by a firm that is a member of any registered national securities exchange or a member of the National Association of Securities Dealers, Inc.
In the event that after the Effective Time a dissenting stockholder of UFBC fails to perfect, or effectively withdraws or loses, such holder’s right to appraisal of and payment for such holder’s shares, CFNL shall issue and deliver the consideration to which such holder of shares of UFBC Common Stock is entitled under this Article 2 (without interest) upon surrender by such holder of the UFBC Common Certificate representing such shares.