Securities Documentation definition
Examples of Securities Documentation in a sentence
If so required by this corporation, Securities Documentation surrendered for conversion shall be endorsed or accompanied by written instrument or instruments of transfer, in form satisfactory to this corporation, duly executed by the registered holder or by his, her or its attorney duly authorized in writing.
The Exchange Agent will examine the Transmittal Letters and Securities Documentation delivered or mailed to the Exchange Agent to ascertain whether they have been completed and executed in accordance with the instructions set forth in the Transmittal Letter and are in proper form for surrender.
The Exchange Agent will notify the Buyer and the Shareholders' Representative no less than five (5) business days prior to making any payment under this Section 2(h), and upon receipt of any such affidavit (and bond, if applicable), the Exchange Agent may effect payment to the Company Equity Holder pursuant to Section 2(a) above as though he, she or it had surrendered his, her or its Securities Documentation without any liability to the Exchange Agent.
In the event any Transmittal Letter has not been properly completed or executed, or the Securities Documentation is not in proper form for surrender or there is some other irregularity in connection with the surrender, the Exchange Agent will follow its regular procedures to cause such irregularity to be corrected.
The Exchange Agent will forward to NET and the Shareholder Representative reports of the Securities Documentation surrendered and the aggregate amount of cash paid therefor in the following manner: (a) a monthly report following the first month after the Closing Date; (b) a quarterly report following the first (3) months after the Closing Date; and (c) quarterly reports thereafter.
The Exchange Agent shall reserve for future payment to each Former Holder who has not submitted completed Securities Documentation and a Letter of Transmittal (each, an "Undocumented Former Holder") that Former Holder's share of the Initial Merger Consideration.
The Exchange Agent will examine the Letters of Transmittal and Securities Documentation delivered or mailed to the Exchange Agent to ascertain whether they have been completed and executed in accordance with the instructions set forth in the Letter of Transmittal and are in proper form for surrender.
If any Company Equity Holder reports to the Exchange Agent that his, her or its failure to surrender the Securities Documentation registered in his, her or its name immediately prior to the Effective Time according to the Merger Consideration Schedule is due to the loss, theft or destruction of the Securities Documentation, such Company Equity Holder shall furnish an affidavit for such lost, stolen or destroyed Securities Documentation in the form of attached hereto as Attachment C.
In the event any Letter of Transmittal has not been properly completed or executed or the Securities Documentation is not in proper form for surrender or there is some other irregularity in connection with the surrender, the Exchange Agent will follow its regular procedures to cause such irregularity to be corrected.
Subject to Section 5 hereof, the Exchange Agent shall reserve for future payment to each Company Equity Holder that has not submitted completed Securities Documentation and a Transmittal Letter (each, an "Undocumented Company Equity Holder") that Company Equity Holder's share of the Closing Merger Consideration.