Concerning the Merger Sample Clauses
The "Concerning the Merger" clause defines the terms and conditions under which two or more entities agree to combine their businesses or assets. Typically, this clause outlines the structure of the merger, the steps each party must take to complete the transaction, and any required approvals or consents. Its core practical function is to provide a clear framework for executing the merger, ensuring that all parties understand their obligations and the process, thereby reducing the risk of misunderstandings or disputes during the merger process.
Concerning the Merger. SECTION 2.1.
Concerning the Merger. SECTION 2.1 XCEL ENERGY AS ISSUER OF COMMON STOCK UPON SETTLEMENT.
(a) The parties hereby agree that, from and after the Effective Time, Xcel Energy shall issue and deliver the number of shares of Xcel Energy Common Stock which is sufficient to settle the Purchase Contracts as provided in Article III of this Supplemental Agreement, against payment in full of the Purchase Price in the manner set forth in the Purchase Contract Agreement and Section 2.1(b) hereof.
(b) The Company hereby agrees that it will immediately forward to Xcel Energy all funds received by it under Sections 5.4, 5.9 or otherwise under the Purchase Contract Agreement for payment of the Purchase Price upon settlement of the Purchase Contract for the shares of Xcel Energy Common Stock to be so issued.
Concerning the Merger. 3 Section 2.1 Xcel Energy as Issuer of Common Stock upon Settlement.................................3
Concerning the Merger. SECTION 2.1. EL PASO AS ISSUER OF COMMON STOCK UPON SETTLEMENT ........... 3 SECTION 2.2.
Concerning the Merger