Examples of GFL Common Stock in a sentence
Notwithstanding the foregoing, Parent shall not be required to mail, or cause to be mailed, a Letter of Transmittal to any record holder of certificate(s) formerly representing ownership of GFL Common Stock if such holder has previously agreed or consented to the exchange of certificates that are held in custody by GFL or the Principal Stockholder for the benefit of such holder.
All shares of Parent Common Stock issued upon exchange of shares of GFL Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of GFL Common Stock.
There are no issued and outstanding shares of preferred stock of GFL, nor any options or warrants that have not been exercised or otherwise converted into GFL Common Stock prior to the Effective Time.
Notwithstanding any provision of this Agreement to the contrary, each share of GFL Common Stock held in the treasury of GFL shall be canceled in the Merger and shall not be converted or exchanged into the right to receive any shares of Parent Common Stock or other securities of Parent.
Delivery shall be effected, and risk of loss and title to the Parent Common Stock shall pass, only upon delivery to the Parent (or a duly authorized agent of Parent) of certificate(s) formerly representing ownership of GFL Common Stock (or an affidavit of lost certificate and indemnification or surety bond) and a properly completed and duly executed Letter of Transmittal, as described in Section 3.2(b) hereof.
Some analysts fear that the proposals made do not become a reality, or end up pri- vatizing Public Services such as water and electricity.
Subject to Section 3.2(d) hereof, until the certificate(s) (or affidavit) is delivered together with the Letter of Transmittal in the manner contemplated by this Section 3.2(b), each certificate (or affidavit) previously representing ownership of GFL Common Stock shall be deemed at and after the Effective Time to represent only the right to receive Parent Common Stock and the former record holders thereof shall cease to have any other rights with respect to his or her GFL Common Stock.
Any fractional shares of Parent Common Stock that a holder of record of GFL Common Stock would otherwise be entitled to receive as a result of the Merger shall be aggregated.
Any Parent Common Stock that remains unclaimed by a former record holder of GFL Common Stock at the first anniversary of the Effective Time may be deemed “abandoned property” subject to applicable abandoned property, escheat and other similar laws in the State in which the former record holder resides.
At the Effective Time, the stock transfer books of GFL will be closed and there will be no further registration of transfers of shares of GFL Common Stock thereafter on the records of GFL.