Common use of Merger or Amalgamation or Change of Name of Rights Agent Clause in Contracts

Merger or Amalgamation or Change of Name of Rights Agent. (a) Merger: Any Person into which the Rights Agent or any successor Rights Agent may be merged or with which it may be consolidated or amalgamated with or into, or any Person resulting from any merger or consolidation to which the Rights Agent or any successor Rights Agent shall be a party, or any Person succeeding to the shareholder services, stock transfer or corporate trust business of the Rights Agent or any successor Rights Agent, shall be the successor to the Rights Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such Person would be eligible for appointment as a successor Rights Agent under the provisions of section 4.4 hereof. In case at the time such successor Rights Agent succeeds to the agency created by this Agreement any of the Rights Certificates have been countersigned but not delivered, any such successor Rights Agent may adopt the countersignature of the predecessor Rights Agent and deliver such Rights Certificates so countersigned, and in case at that time any of the Rights Certificates have not been countersigned, any successor Rights Agent may countersign such Rights Certificates either in the name of the predecessor Rights Agent or in the name of the successor Rights Agent, and in all such cases such Rights Certificates shall have the full force and effect provided in the Rights Certificates and in this Agreement.

Appears in 1 contract

Sources: Shareholder Rights Plan Agreement (MFC Industrial Ltd.)

Merger or Amalgamation or Change of Name of Rights Agent. (a) Merger: 4.2.1 Any Person corporation into which the Rights Agent or any successor Rights Agent may be merged or amalgamated or with which it may be consolidated or amalgamated with or intoconsolidated, or any Person corporation resulting from any merger merger, amalgamation, statutory arrangement or consolidation to which the Rights Agent or any successor Rights Agent shall be is a party, or any Person corporation succeeding to the shareholder services, stock transfer or corporate trust stockholder services business of the Rights Agent or any successor Rights Agent, shall will be the successor to the Rights Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such Person corporation would be eligible for appointment as a successor Rights Agent under the provisions of section 4.4 hereof. . 4.2.2 In case at any time the time such successor name of the Rights Agent succeeds to the agency created by this Agreement is changed and at such time any of the Rights Certificates will have been countersigned but not delivered, any such successor the Rights Agent may adopt the countersignature of the predecessor Rights Agent under its prior name and deliver such Rights Certificates so countersigned, ; and in case at that time any of the Rights Certificates will not have not been countersigned, any successor the Rights Agent may countersign such Rights Certificates either in the its prior name of the predecessor Rights Agent or in the name of the successor Rights Agent, its changed name; and in all such cases such Rights Certificates shall will have the full force and effect provided in the Rights Certificates and in this Agreement.

Appears in 1 contract

Sources: Shareholder Rights Plan Agreement (Nevada Geothermal Power Inc)