Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 190 contracts
Sources: Rights Agreement (Newbridge Acquisition LTD), Rights Agreement (Silver Pegasus Acquisition Corp.), Rights Agreement (Silver Pegasus Acquisition Corp.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 109 contracts
Sources: Rights Agency Agreement (BOA Acquisition Corp. II), Rights Agreement (LaFayette Acquisition Corp.), Rights Agency Agreement (Thunderstone Acquisition Corp)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder Registered Holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 65 contracts
Sources: Rights Agreement (StoneBridge Acquisition II Corp), Rights Agreement (StoneBridge Acquisition II Corp), Rights Agreement (StoneBridge Acquisition II Corp)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights Right certificate(s) as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right certificate and issue new Rights Right certificate(s) in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights Right certificate(s) must also bear a restrictive legend.
Appears in 29 contracts
Sources: Rights Agreement, Rights Agreement (Springwater Special Situations Corp.), Rights Agreement (Springwater Special Situations Corp.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company Company, which may be its internal legal counsel, stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 8 contracts
Sources: Right Agreement (GigCapital8 Corp.), Right Agreement (GigCapital8 Corp.), Right Agreement (GigCapital2, Inc.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights Rights, or book-entry positions, as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 6 contracts
Sources: Rights Agency Agreement (AI Infrastructure Acquisition Corp.), Rights Agency Agreement (AI Infrastructure Acquisition Corp.), Rights Agreement (AParadise Acquisition Corp.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights Rights, or book-entry positions, as requested by the registered holder Registered Holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 5 contracts
Sources: Rights Agreement (Drugs Made in America Acquisition II Corp.), Rights Agreement (Drugs Made in America Acquisition II Corp.), Rights Agreement (Drugs Made in America Acquisition Corp.)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend. Extraordinary Dividends.
Appears in 4 contracts
Sources: Rights Agreement (Kairous Acquisition Corp. LTD), Rights Agreement (Kairous Acquisition Corp. LTD), Rights Agreement (Kairous Acquisition Corp. LTD)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Rights Agent, together with a written request for exchange or transfer, and thereupon the Right Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legendlegend and, the Right Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.
Appears in 2 contracts
Sources: Rights Agreement (Global Lights Acquisition Corp), Rights Agreement (Global Lights Acquisition Corp)
Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue a new Rights Right in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights Right must also bear a restrictive legend.
Appears in 1 contract
Sources: Rights Agreement (Barington/Hilco Acquisition Corp.)