Common use of Distributions with Respect to Unsurrendered Certificates Clause in Contracts

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 or Section 5.4. Subject to applicable Law, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Shares.

Appears in 2 contracts

Sources: Arrangement Agreement (Hammerhead Energy Inc.), Arrangement Agreement (Crescent Point Energy Corp.)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Shares Units with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 or Section 5.4. Subject to applicable Law, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares Units to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration SharesUnits.

Appears in 2 contracts

Sources: Arrangement Agreement (Sunoco LP), First Amending Agreement (Sunoco LP)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Mountain Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that▇▇▇▇▇▇▇ Shares, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate ▇▇▇▇▇▇▇ Shares shall have complied with the provisions of Section 5.3 or Section 5.46.1 hereof. Subject to applicable LawLaw and to Section 6.4 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitledentitled in accordance with Section 3.1 hereof, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Shares.

Appears in 2 contracts

Sources: Arrangement Agreement (Mountain Province Diamonds Inc.), Arrangement Agreement (Mountain Province Diamonds Inc.)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Endeavour Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Avion Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2 hereof. Subject to applicable LawLaw and to Section 5.4 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Endeavour Shares.

Appears in 1 contract

Sources: Amending Agreement

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Company Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Shares.

Appears in 1 contract

Sources: Arrangement Agreement (Jones Soda Co)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Sources: Arrangement Agreement (Fortuna Silver Mines Inc)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Target Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.01 or Section 5.45.02. Subject to applicable Lawlaw and to Section 5.04, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Acquiror Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Sources: Arrangement Agreement (Sandstorm Gold LTD)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Acquiror Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Sources: Arrangement Agreement (Equinox Gold Corp.)