Common use of Allocation Certificate Clause in Contracts

Allocation Certificate. The Company will prepare and deliver to MEDS prior to the Closing a certificate signed by the Company Board in a form reasonably acceptable to MEDS setting forth (as of immediately prior to the Effective Time) (a) each holder of Company Common Shares, (b) such holder’s name and address, (c) the number or percentage and type of Company Common Shares held as of the Closing Date for each such holder and (d) the number of shares of MEDS Common Stock to be issued to such holder pursuant to this Agreement in respect of the Company Common Shares held by such holder as of immediately prior to the Effective Time (the “Allocation Certificate”).

Appears in 2 contracts

Sources: Agreement and Plan of Merger (TRxADE HEALTH, INC), Merger Agreement (TRxADE HEALTH, INC)

Allocation Certificate. The Company will prepare and deliver to MEDS prior to the Closing a certificate signed by the Company Board Company’s chief executive officer in a form reasonably acceptable to MEDS setting forth (as of immediately prior to the First Effective Time) (a) each holder of Company Common SharesStock, (b) such holder’s name and address, (c) the number or percentage and type of Company Common Shares Stock held as of the Closing Date for each such holder and (d) the number of shares of MEDS Common Capital Stock to be issued to such holder pursuant to this Agreement in respect of the Company Common Shares Stock held by such holder as of immediately prior to the First Effective Time (the “Allocation Certificate”).

Appears in 1 contract

Sources: Merger Agreement (TRxADE HEALTH, INC)