Certificate Delivery Requirements. At the Effective Time, the Stockholders shall deliver to USFloral the certificates (the "Certificates") representing Company Common Stock, accompanied by blank stock powers duly executed by the Stockholders and with all necessary transfer tax and other revenue stamps, acquired at the Stockholders' expense, affixed and canceled. The Stockholders shall promptly cure any deficiencies with respect to the stock powers accompanying such Certificates. The Certificates so delivered shall forthwith be canceled. Until delivered as contemplated by this Section 2.3(b), each Certificate shall be deemed at any time after the Effective Time to represent the right to receive upon such surrender the number of shares of USFloral Common Stock and the amount of cash as provided by this Article 2 and the applicable provisions of the Florida Business Corporation Act.
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Sources: Agreement and Plan of Reorganization (U S a Floral Products Inc), Agreement and Plan of Reorganization (U S a Floral Products Inc)
Certificate Delivery Requirements. At the Effective Time, the Stockholders Stockholder shall deliver to USFloral the certificates (the "Certificates") representing Company Common Stock, accompanied by blank stock powers duly executed by the Stockholders Stockholder and with all necessary transfer tax and other revenue stamps, acquired at the Stockholders' Stockholder's expense, affixed and canceled. The Stockholders Stockholder shall promptly cure any deficiencies with respect to the stock powers accompanying such Certificates. The Certificates so delivered shall forthwith be canceled. Until delivered as contemplated by this Section 2.3(b), each Certificate shall be deemed at any time after the Effective Time to represent the right to receive upon such surrender the number of shares of USFloral Common Stock and the amount of cash as provided by this Article 2 and the applicable provisions of the Florida Business Corporation Act.
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