Common use of Certificates and Payments Clause in Contracts

Certificates and Payments. (a) Following receipt of the Final Order and in any event no later than the Business Day prior to the Effective Date, the Purchaser shall deliver or cause to be delivered to the Depositary sufficient funds to satisfy the aggregate Consideration payable to the Company Shareholders in accordance with Section 3.1(d), which cash shall be held by the Depositary in escrow as agent and nominee for such former Company Shareholders for distribution thereto in accordance with the provisions of this Article 5.

Appears in 4 contracts

Samples: The Arrangement Agreement (Rio Tinto PLC), The Arrangement Agreement (Turquoise Hill Resources Ltd.), Arrangement Agreement (Turquoise Hill Resources Ltd.)

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Certificates and Payments. (a) Following receipt of the Final Order and in any event no later than the Business Day prior to the Effective DateTime, the Purchaser or Acquireco shall deliver or cause to be delivered to the Depositary sufficient funds to satisfy the aggregate Consideration payable to the Company Former Shareholders in accordance with Section 3.1(d2.3(f), which cash cash, shall be held by the Depositary in escrow as agent and nominee for such former Company Former Shareholders for distribution thereto to such Former Shareholders in accordance with the provisions of this Article 54.

Appears in 1 contract

Samples: Agreement

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