Common use of Exercise of Appraisal Rights Clause in Contracts

Exercise of Appraisal Rights. The total shares of Company Common Stock held by stockholders of the Company who have indicated in accordance with the DGCL (and not withdrawn) their intent to elect to exercise their appraisal rights under the DGCL shall not exceed 5% of the shares of Company Common Stock outstanding as of the date of the Company Stockholders Meeting. Parent shall have received a certificate of the Chief Executive Officer or Chief Financial Officer of the Company to that effect.

Appears in 2 contracts

Sources: Merger Agreement (Adc Telecommunications Inc), Merger Agreement (Centigram Communications Corp)

Exercise of Appraisal Rights. The total shares of Company Common Capital Stock held by stockholders of the Company who have indicated in accordance with the DGCL (and not withdrawn) their intent to elect to exercise their appraisal rights under the DGCL shall not exceed 5% of the shares of Company Common Capital Stock outstanding as of the date of the special meeting of the Company Stockholders Meetingstockholders or written consent, as applicable. Parent shall have received a certificate of the Chief Executive Officer or Chief Financial Officer of from the Company evidence satisfactory to Parent to that effect.

Appears in 1 contract

Sources: Merger Agreement (Adc Telecommunications Inc)