Share Agent definition
Examples of Share Agent in a sentence
Whenever any Preferred Share Certificates are so surrendered for exchange the Company shall execute, and, if applicable, the Preferred Share Agent shall countersign and deliver, the Preferred Share Certificates that the Holder making the exchange is entitled to receive.
Each such person shall continue to have authority to act for the Preference Share Agent until the Preference Share Agent gives the Account Bank contrary notice in writing.
The Parties acknowledge and agree that the Share Agent shall hold the Parent Shares for the benefit of SELLER and the Share Agent shall follow all trading instructions with respect to such Parent Shares originated by SELLER only, subject to Section 3.3 below.
Following such notice by Luminant, the Seller, the Members' Representative or any Member shall provide the outstanding information necessary to prepare and deliver a certificate or certificates for such Earn-Out Shares to Luminant and to the Earn-Out Share Agent in accordance with the applicable notice provisions of Section 11.05 of this Agreement.
Luminant shall use its best efforts to notify the Earn-Out Share Agent and/or the Transfer Agent as soon as practicable after receipt of all necessary information and to expedite the delivery of stock certificates by the Earn-Out Share Agent and/or the preparation and/or delivery of stock certificates representing such Earn-Out Shares by the Transfer Agent.
Any Disputed Holdback Shares held by the Holdback Share Agent with respect to any pending but unresolved indemnification claims (as described in the immediately preceding sentence) shall be released to the Seller or released to, or permitted to be retained by, Purchaser (as appropriate) promptly upon resolution of each specific indemnification claim involved, as set forth in a writing mutually agreeable to the Parties hereto.
If and when Luminant receives all information necessary to instruct the Earn-Out Share Agent to deliver, or, if the Earn-Out Share Agent is not the Transfer Agent, to instruct its Transfer Agent to prepare and deliver, stock certificates representing such Earn-Out Shares, within fifteen (15) days thereafter Luminant will provide such information and issue appropriate instructions to the Earn-Out Share Agent and/or the Transfer Agent, as the case may be.
Within ten (10) days after Luminant has deposited any Earn-Out Shares or instructions relating thereto into escrow with the Earn-Out Share Agent, Luminant shall notify the Seller and the Members' Representative that it has made such deposit and the name, address, telephone number, fax number and name of the contact person at the applicable Earn-Out Share Agent.
Luminant shall provide such Earn-Out Share Agent with a general description of the outstanding information as well as instructions to promptly deliver, or, if the Earn-Out Share Agent is not the Transfer Agent, to instruct the Transfer Agent to promptly prepare and/or deliver, the applicable certificates for the Earn-Out Shares upon receipt by the Earn-Out Share Agent of such necessary information.
Each such person shall continue to have authority to act for the Preference Share Agent or the Account Bank until the Preference Share Agent or the Account Bank, as the case may be, gives the Security Agent contrary notice in writing.