Common use of Appointment of Successor Rights Agent Clause in Contracts

Appointment of Successor Rights Agent. (a) The Company hereby appoints AST as Rights Agent pursuant to Section 21 of the Rights Agreement, to serve in that capacity for the consideration and subject to all of the terms and conditions of the Rights Agreement.

Appears in 1 contract

Samples: Rights Agreement (Furniture Brands International Inc)

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Appointment of Successor Rights Agent. (a) The Company hereby appoints AST AST, as Rights Agent pursuant to Section 21 of the Rights Agreement, to serve in that capacity for the consideration and subject to all of the terms and conditions of the Rights Agreement. AST hereby accepts the appointment as Rights Agent pursuant to Section 21 of the Rights Agreement and agrees to serve in that capacity for the consideration and subject to all of the terms and conditions of the Rights Agreement. From and after the effective date hereof, each and every reference in the Rights Agreement to a “Rights Agent” shall be deemed to be a reference to AST.

Appears in 1 contract

Samples: Rights Agreement (Florida Rock Industries Inc)

Appointment of Successor Rights Agent. (a) The Company hereby appoints AST to act as Rights Agent pursuant to Section 21 of the Rights Agreement, to serve in that capacity for the consideration Company (and subject to all of replace the Original Rights Agent) in accordance with the express terms and conditions of the Rights AgreementPlan, effective as of the date hereof, and AST hereby accepts such appointment.

Appears in 1 contract

Samples: Shareholder Rights Plan (Synovus Financial Corp)

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Appointment of Successor Rights Agent. (a) The Company hereby appoints AST, and AST accepts such appointment, as Rights Agent pursuant to Section 21 of under the Rights Agreement, to serve in that capacity for and AST shall be vested with the consideration same powers, rights duties and subject to all of the terms and conditions of the responsibilities as if it had originally been named as Rights AgreementAgent without further act or deed.

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (Extended Systems Inc)

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