Transfer, Split Up Sample Clauses
The "Transfer, Split Up" clause defines the conditions under which rights or obligations under an agreement may be transferred to another party or divided among multiple parties. In practice, this clause outlines whether a party can assign its interests, delegate its duties, or split its contractual position, often requiring consent from the other party or meeting specific criteria. Its core function is to provide clarity and control over changes in the parties involved in the contract, thereby preventing unwanted or unauthorized transfers and ensuring that all parties are aware of and agree to any division or reassignment of contractual responsibilities.
Transfer, Split Up. Combination and Exchange of Rights ------------------------------------------------------ Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates. ----------------------------------------------------------------------
(a) Subject to the provisions of Sections 7(e), 14 and 24 hereof, at any time after the Close of Business on the Distribution Date, and at or prior to the Close of Business on the Expiration Date, any Rights Certificate or Rights Certificates may be transferred, split up, combined or exchanged for another Rights Certificate or Rights Certificates, entitling the registered holder to purchase a like number of one-thousandths of a Preferred Share (or, following a Triggering Event, other securities, cash or other assets, as the case may be) as the Rights Certificate or Rights Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer, split up, combine or exchange any Rights Certificate or Rights Certificates shall make such request in writing delivered to the Rights Agent, and shall surrender the Rights Certificate or Rights Certificates to be transferred, split up, combined or exchanged at the office of the Rights Agent designated for such purpose. Neither the Rights Agent nor the Company shall be obligated to take any action whatsoever with respect to the transfer of any such surrendered Rights Certificate until the registered holder shall have completed and signed the certificate contained in the form of assignment on the reverse side of such Rights Certificate and shall have provided such additional evidence of the identity of the Beneficial Owner (or former Beneficial Owner) or Affiliates or Associates thereof as the Company shall reasonably request. Thereupon the Rights Agent shall, subject to Sections 7(e), 14 and 24 hereof, countersign and deliver to the person entitled thereto a Rights Certificate or Rights Certificates, as the case may be, as so requested. The Company may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Rights Certificates.
(b) Upon receipt by the Company and the Rights Agent of evidence reasonably satisfactory to them of the loss, theft, destruction or mutilation of a Rights Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to them, and, at the Company's request, reimbursement to the Co...
Transfer, Split Up. Combination and Exchange of Rights Certificates;
Transfer, Split Up. Combination and Exchange of Right Certificates; Mutilated, Destroyed, Lost or Stolen Right Certificates...................................................
Transfer, Split Up. Combination and Exchange of Rights Certificates; Mutilated, Destroyed,
Transfer, Split Up. Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates . . . . . . . . . . . . . . . . . .
Transfer, Split Up. Combination and Exchange of Right Certificates;
Transfer, Split Up. Combination and Exchange of ----------------------------------------------- Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights ---------------------------------------------------------------- Certificates. Subject to the provisions of Sections ------------ - 10 -
Transfer, Split Up. Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates......................... 8 7 Exercise of Rights; Purchase Price; Expiration Date of Rights................... 9 8 Cancellation and Destruction of Rights Certificates................................12 9 Reservation and Availability of Capital Stock......................................12
Transfer, Split Up. Combination and Exchange of Right ----------------------------------------------------- Certificates; Mutilated, Destroyed,
Transfer, Split Up. Combination and Exchange of ----------------------------------------------- Right Certificates; Mutilated, Destroyed, Lost or Stolen Right -------------------------------------------------------------- Certificates. ------------
(a) Subject to the provisions hereof, at any time after the close of business on the Distribution Date and at or prior to the close of business on the Expiration Date, any Right Certificate or Certificates may be (i) transferred or (ii) split up, combined or exchanged for another Right Certificate or Right Certificates, entitling the registered holder to purchase a like number of one one-hundredths of a share of Series R Preferred Stock as the Right Certificate or Right Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer any
(b) Upon receipt by the Corporation and the Rights Agent of evidence reasonably satisfactory to them of the loss, theft, destruction or mutilation of a Right Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to them, and, if requested by the Corporation, reimbursement to the Corporation of all reasonable expenses incidental thereto, and upon surrender to the Rights Agent and cancellation of the Right Certificate if mutilated, the Corporation will execute and deliver a new Right Certificate of like tenor to the Rights Agent for delivery to the registered owner in lieu of the Right Certificate so lost, stolen, destroyed or mutilated.