Examples of Effective Time Stockholder in a sentence
Prior to the Effective Time, Stockholder --------------------- hereby agrees to execute and deliver to Household a Rule 145 Affiliate Agreement, substantially in the form of Exhibit A to the Merger Agreement.
Until the Effective Time, Stockholder (in his capacity as such) will not, and will not authorize, direct or knowingly permit any of his employees, Affiliates (it being understood that the Company is not an Affiliate of Stockholder restricted by this Section 5), investment bankers, attorneys, accountants or other agents, advisors or representatives to take any action that the Company would be prohibited from taking under Section 6.5 of the Merger Agreement.
Effective as of the Effective Time, Executive hereby releases and discharges the Company from all Claims related to, arising from, or attributed to paragraph (h) of the Series B Designation or the Company's failure to comply with any provision thereof at any time at or prior to the Effective Time and, as of the Effective Time, Stockholder agrees to execute and deliver to the Company a waiver and release substantially identical in substance to this Section 4(a)(xii).
Prior to the Effective Time, Stockholder and Purchaser shall select a bank or trust company reasonably acceptable to the Company to act as the exchange agent (the "Exchange Agent") for the holders of shares of Company Common Stock in connection with the Merger and shall enter into an agreement with the Exchange Agent which is reasonably acceptable to the Company.
Immediately prior to the Effective Time, Stockholder shall cause the Company to effect the transfer of the assets as set forth on Section 2.05 of the Company Disclosure Schedule with conveyances to be made in a manner reasonably acceptable to Stockholder, the Company and Purchaser.
If, at any time after six (6) months and within eighteen (18) months following the Effective Time, Stockholder desires to take any action referred to in clauses (i) or (ii) above (a "Proposed Action"), Stockholder shall give prior written notice of such Proposed Action to WAXS, specifying the number of shares subject to the Proposed Action.
Subject to Section 4.4 of the Merger Agreement, if, prior to the Effective Time, Stockholder receives any written Acquisition Proposal, then Stockholder will promptly (and in any event within 24 hours) notify Parent and the Company of the identity of the Person making and the material terms of such Acquisition Proposal (including a copy of any written Acquisition Proposal).
At or after the Effective Time, Stockholder shall surrender the VPI Common Stock certificates for cancellation to Parent's corporate Secretary, who shall act as the exchange agent to effect the exchange of VPI Common Stock certificates for the Merger Consideration.
Petrohawk hereby covenants and agrees with the Stockholder that it shall take all actions reasonably necessary to ensure that immediately following the Effective Time, Stockholder shall receive, if applicable, the Per Share Cash Consideration which the Stockholder is entitled to receive pursuant to the terms of the Merger Agreement in immediately available funds.
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