Common use of Withholding Rights Clause in Contracts

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is required to deduct and withhold with respect to the making of such payment under the Code or any other Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Shire PLC), Agreement and Plan of Merger (Viropharma Inc), Agreement and Plan of Merger (Glaxosmithkline PLC)

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Withholding Rights. Each of the Paying Agent, Parent, the Surviving Corporation or the Paying Agent, as applicable, and Merger Co shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under applicable Law and pay such withholding amount over to the Code or any other Lawappropriate taxing authority. To the extent that amounts are so properly withheld and paid over to by the appropriate Governmental Entity by Paying Agent, Parent, the Surviving Corporation or Merger Co, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by the Paying Agent, Parent, the Surviving Corporation or Merger Co, as the Paying Agentcase may be.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Transmontaigne Inc), Agreement and Plan of Merger (Transmontaigne Inc), Agreement and Plan of Merger (Transmontaigne Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (together with the rules and regulations thereunder, the "CODE"), or any other Lawprovision of state, local or foreign Tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Omnicare Inc), Agreement and Plan of Merger (Omnicare Inc), Agreement and Plan of Merger (Omnicare Inc)

Withholding Rights. Parent, Each of Parent and the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other applicable state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts (i) shall be remitted by Parent or the Surviving Corporation to the applicable Governmental Authority, and (ii) shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Banc of California, Inc.), Agreement and Plan of Merger (CU Bancorp), Agreement and Plan of Merger (Pacwest Bancorp)

Withholding Rights. Each of Parent, Merger Sub, the Surviving Corporation or and the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares or Company Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code and the rules and regulations promulgated thereunder, or any provision of a Tax Law, or pursuant to other Lawapplicable Orders. To the extent that amounts are so withheld and paid over to from the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying AgentMerger Consideration, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares or Company Options in respect of which whom such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Superior Galleries Inc), Escrow Agreement (Dgse Companies Inc), Agreement and Plan of Merger (Dgse Companies Inc)

Withholding Rights. ParentEach of the Exchange Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign Tax (as defined in Section 3.15(c)) Law. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by ParentExchange Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was were made by Parentthe Exchange Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Blue Coat Systems Inc), Agreement and Plan of Merger and Reorganization (DemandTec, Inc.), Agreement and Plan of Merger and Reorganization (Blue Coat Systems Inc)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ual Corp /De/), Agreement and Plan of Merger (Ual Corp /De/), Agreement and Plan of Merger (Us Airways Inc)

Withholding Rights. Each of Parent, Merger Sub and the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold withhold, or cause the Exchange Agent to deduct and withhold, from the Merger Consideration consideration otherwise payable to any Person pursuant to this Agreement (including pursuant to any holder of shares of Company Common Stock Section 2.12) such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of state, local or foreign Tax Law. To the extent that amounts are so deducted or withheld and paid over to the appropriate applicable Governmental Entity by Parent, the Surviving Corporation or the Paying AgentTaxing Authority, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or any Company Stock-Based Award in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (CF Industries Holdings, Inc.), Agreement and Plan of Merger (Terra Industries Inc), Agreement and Plan of Merger (CF Industries Holdings, Inc.)

Withholding Rights. Each of Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other provision of state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity Taxing Authority by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Independent Brewers United, Inc.), Agreement and Plan of Merger (Darden Restaurants Inc), Agreement and Plan of Merger (Pyramid Breweries Inc)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Merger Co shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under all applicable Tax laws and pay such withholding amount over to the Code or any other Lawappropriate taxing authority. To the extent that amounts are so properly withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation or Merger Co, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Merger Co, as the Paying Agentcase may be.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Open Solutions Inc), Agreement and Plan of Merger (Ss&c Technologies Inc), Agreement and Plan of Merger (Sungard Data Systems Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such any payment under the Internal Revenue Code of 1986, as amended (the "Code"), or any other Lawprovision of state or local tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Leapnet Inc), Agreement and Plan of Merger (Royal Ahold), Agreement and Plan of Merger (Peapod Inc)

Withholding Rights. Each of the Parent, Merger Sub, the Company, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such or any other recipient of payments hereunder any amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other Lawapplicable state, local or foreign Tax law. To the extent that amounts are so withheld and paid over to timely remitted by the appropriate Governmental Entity by Parent, Merger Sub, the Company, the Surviving Corporation or the Paying Agent, as the case may be, to the applicable Governmental Entity, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or other recipient in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Kimball International Inc), Agreement and Plan of Merger (Kimball International Inc), Agreement and Plan of Merger (Intricon Corp)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock or Company Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, and the rules and regulations promulgated thereunder, or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, as applicable, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or Company Stock Options in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent, as applicable.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Dragon Pharmaceutical Inc), Agreement and Plan of Merger (Dragon Pharmaceutical Inc), Agreement and Plan of Merger (Dragon Pharmaceutical Inc)

Withholding Rights. Parent, The Parent or the Surviving ------------------ Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold withhold, or cause the Exchange Agent to deduct or withhold, from the shares of Parent Common Stock and Cash Merger Consideration otherwise payable pursuant to this Agreement to any former holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is it reasonably determines it was required to deduct and withhold with respect to the making of such payment under the Code or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by Parent, Parent or the Surviving Corporation or the Paying AgentCorporation, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the former holder of the such shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Parent or the Surviving Corporation or the Paying AgentCorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Legato Systems Inc), Agreement and Plan of Merger (Legato Systems Inc), Agreement and Plan of Merger (Otg Software Inc)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration any amounts otherwise payable pursuant to this Agreement to any holder of shares of Shares or Company Common Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under all applicable Tax laws and pay such withholding amount over to the Code or any other Lawappropriate taxing authority. To the extent that amounts are so properly withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Shares or Company Common Stock Options in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Industrial Distribution Group Inc), Agreement and Plan of Merger (King Luther Capital Management Corp), Agreement and Plan of Merger (Industrial Distribution Group Inc)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Shares or Company Common Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under all applicable federal, state or local Tax Laws and pay such withholding amount over to the Code or any other Lawappropriate taxing authority. To the extent that amounts are so properly withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Shares or Company Common Stock Options in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Psychiatric Solutions Inc), Agreement and Plan of Merger (Universal Health Services Inc)

Withholding Rights. Each of the Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Seller Common Stock or Seller Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other Lawapplicable provision of law. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by ParentSurviving Corporation, the Surviving Corporation Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Seller Common Stock in respect of which such deduction and withholding was made by Parentthe Surviving Corporation, the Surviving Corporation Parent or the Paying Agent, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Digitas Inc), Agreement and Plan of Merger (Digitas Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Stockholder such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawprovision of state, local or foreign Tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (United States Steel Corp), Agreement and Plan of Merger (Lone Star Technologies Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or the Paying Agent, as applicable, Company and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock and any holder of Company Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code and the rules and regulations promulgated thereunder, or any other Lawapplicable provision of state, local or foreign tax law. To the extent that amounts are so deducted or withheld and paid over to by the appropriate Governmental Entity by Surviving Company or Parent, as the Surviving Corporation or the Paying Agentcase may be, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by the Surviving Company or Parent, as the Surviving Corporation or the Paying Agentcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Babyuniverse, Inc.), Agreement and Plan of Merger (eToys Direct, Inc.)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable to any Person pursuant to this Agreement to any holder of shares of Company Common Stock Articles I and II such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code any provision of federal, state, local or any other Lawforeign tax law. To the extent that amounts are so deducted or withheld by the Surviving Corporation, Parent or the Exchange Agent, as the case may be, and paid over to the appropriate Governmental Entity by Parentapplicable governmental body, the Surviving Corporation agency, authority or the Paying Agententity, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Exchange Agent, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Anadarko Petroleum Corp), Agreement and Plan of Merger (Chevron Corp)

Withholding Rights. Parent, the The Surviving Corporation or the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable to any holder of Company Common Stock pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is may be required to deduct be deducted and withhold withheld with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or under any other provision of state, local or foreign tax Law. To the extent that amounts are so deducted and withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Specialty Laboratories Inc), Agreement and Plan of Merger (Ameripath Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such any payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawprovision of state or local tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 2 contracts

Samples: Merger Agreement (Ford Motor Co), Merger Agreement (Ford Motor Co)

Withholding Rights. Parent, Each of the Surviving Corporation or the Paying Agent, as applicable, Entity and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock or any other equity rights in the Company such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code and the rules and regulations promulgated thereunder, or any other provision of state, local or non-U.S. Law. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Surviving Entity by or Parent, as the Surviving Corporation or the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or other equity rights in the Company in respect of which such deduction and withholding was made by the Surviving Entity or Parent, as the Surviving Corporation or the Paying Agentcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GCP Sunshine Acquisition, Inc. A Delaware Corp), Agreement and Plan of Merger (American Land Lease Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Cash Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawapplicable Legal Requirement. To the extent that amounts are so withheld and timely paid over to the appropriate proper Governmental Entity Body by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of to which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Versant Corp), Agreement and Plan of Merger (Versant Corp)

Withholding Rights. Parent, the Surviving Corporation or Each of the Paying Agent, as applicable, the Surviving Company and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Shares or Company Common Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under all applicable federal, state or local Tax laws and pay such withholding amount over to the Code or any other Lawappropriate Governmental Authority. To the extent that amounts are so properly withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation Company or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Shares or Company Common Stock Options in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation Company or Parent, as the Paying Agentcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Danaher Corp /De/), Agreement and Plan of Merger (Pall Corp)

Withholding Rights. Parent, Each of Parent and the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold withhold, or cause the Exchange Agent or Rights Agent, as applicable, to deduct and withhold, from the Merger Consideration consideration otherwise payable to any Person pursuant to this Agreement, the CVR Agreement to any holder of shares of Company Common Stock or otherwise such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of state, local or foreign Tax Law. To the extent that amounts are so deducted or withheld and paid over to the appropriate applicable Governmental Entity by Parent, the Surviving Corporation or the Paying AgentTaxing Authority, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Progenics Pharmaceuticals Inc), Agreement and Plan of Merger (Lantheus Holdings, Inc.)

Withholding Rights. Each of Parent, Merger Sub and the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold withhold, or cause the Exchange Agent to deduct and withhold, from the Merger Consideration consideration otherwise payable to any Person pursuant to this Agreement (including pursuant to any holder of shares of Company Common Stock Section 2.7) such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawprovision of state, local or foreign Tax law. To the extent that amounts are so deducted or withheld and paid over to the appropriate applicable Governmental Entity by Parent, the Surviving Corporation or the Paying AgentTaxing Authority, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or any Company Stock-Based Award in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Terra Industries Inc)

Withholding Rights. The Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is any of them reasonably determines are required to deduct be deducted and withhold withheld by any of them with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawapplicable law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by the Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by the Parent, the Surviving Corporation or the Paying Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Perkinelmer Inc), Agreement and Plan of Merger (Caliper Life Sciences Inc)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any person who was a holder of shares of Company Common Stock immediately prior to the Effective Time such amounts as Parent, the Surviving Corporation Parent or the Paying Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Advanced Medical Optics Inc), Agreement and Plan of Merger (Intralase Corp)

Withholding Rights. ParentMergerSub, the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock or Company Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, and the rules and regulations promulgated thereunder, or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, as applicable, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or Company Stock Options in respect of which such deduction and withholding was made by ParentMergerSub, the Surviving Corporation or the Paying Agent, as applicable.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pomeroy It Solutions Inc), Agreement and Plan of Merger (Pomeroy It Solutions Inc)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Exchange Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Benchmark Electronics Inc), Agreement and Plan of Merger (Pemstar Inc)

Withholding Rights. The Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent any of them reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawapplicable law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by the Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by the Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Idm Pharma, Inc.)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any person who was a holder of shares of Company Common Stock immediately prior to the Effective Time such amounts as Parent, the Surviving Corporation Parent or the Paying Exchange Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Parent Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced Medical Optics Inc)

Withholding Rights. Each of Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other provision of state, local or foreign Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity Taxing Authority by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Stockholder in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Adams Respiratory Therapeutics, Inc.)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Stockholder such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawapplicable provision of state, local or foreign Tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tube City IMS CORP)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable or deliverable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment or delivery under all applicable Laws, provided that all withheld amounts are timely remitted to the Code or any other Lawapplicable Governmental Authority. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, and timely remitted to the applicable Governmental Authority, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Landrys Restaurants Inc)

Withholding Rights. The Parent, the Surviving Corporation or and the ------------------ Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawapplicable law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by the Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by the Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Headhunter Net Inc)

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Withholding Rights. Parent, Each of the Surviving Corporation or the Corporation, Parent and Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (McLaren Performance Technologies Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Company, Parent and the Paying Agent, as applicablewithout double counting and to the extent required by applicable Tax Law, shall be entitled to deduct and withhold from the Merger Consideration any amounts otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts amount as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other applicable Tax Law. To the extent that amounts are so withheld and timely paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Company, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Shares, Company Common Stock Options or Company Restricted Stock Units in respect of to which such deduction and withholding was made by the Surviving Company or Parent, as the Surviving Corporation or the Paying Agentcase may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (RDA Microelectronics, Inc.)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the United States Internal Revenue Code of 1986, as amended (the "Code"), or any other provision of state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eppendorf INC)

Withholding Rights. Each of Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other applicable state, local or foreign Tax Law. To the extent that amounts are so withheld, such withheld and paid over to the appropriate Governmental Entity amounts shall (i) be remitted by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall as applicable, to the applicable Governmental Entity and (ii) be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vertrue Inc)

Withholding Rights. ParentEach of the Exchange Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment pursuant to requirements under the Code Code, or any other provision of state, local or foreign Tax (as defined in Section 3.15(c)) Law. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by ParentExchange Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was were made by Parentthe Exchange Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Hansen Medical Inc)

Withholding Rights. Parent, Parent or the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to direct the Paying Agent to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, Parent or the Surviving Corporation or the Paying Agent is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other Lawprovision of state, local or foreign tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by Parent, Parent or the Surviving Corporation or the Paying AgentCorporation, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, Parent or the Surviving Corporation or the Paying AgentCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock Shares such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the United States Internal Revenue Code of 1986, as amended (the “Code”), or any other provision of state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Brunswick Scientific Co Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Cash Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, the rules and regulations promulgated thereunder or any other Lawapplicable Legal Requirement. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of to which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Connetics Corp)

Withholding Rights. Parent, Parent and the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration any consideration payable or otherwise payable deliverable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, Parent and the Surviving Corporation or the Paying Agent is are required to deduct and withhold with respect to the making of such delivery and payment under the Internal Revenue Code of 1986, as amended (the “Code”), or any other provision of any applicable Tax Law. To the extent that amounts are so withheld, such withheld and amounts shall be paid over to the appropriate Governmental Entity as required by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts applicable Law and shall be treated for all purposes of this Agreement as having been delivered and paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, Parent and the Surviving Corporation or the Paying AgentCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sigmatel Inc)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Shares (including Company Common Restricted Shares) and Company Stock Options, without duplications, such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawall applicable Tax Laws. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ameron International Corp)

Withholding Rights. Each of Parent, the Surviving ------------------ Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable to any holder of Company Common Stock pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is may be required to deduct be deducted and withhold withheld with respect to the making of such payment under the Code Code, or under any other provision of state, local or foreign Tax Law. To the extent that such amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gardner Denver Inc)

Withholding Rights. Parent, the The Surviving Corporation or and Parent shall be entitled, and shall be entitled to direct the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock (or the Warrant) such amounts as Parent, Parent or the Surviving Corporation or the Paying Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any provision of any other Tax Law. To the extent that amounts are so deducted and withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying AgentParent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock (or the Warrant) in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying AgentParent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MEDecision, Inc.)

Withholding Rights. Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock in such amounts as Parent, the Surviving Corporation or the Paying Agent is are required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cherokee International Corp)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent is required will be entitled to deduct and withhold from the consideration otherwise payable to any holder of Company Common Stock pursuant to this Agreement such amounts as are required to be deducted and withheld with respect to the making of such payment under the Code Code, or under any other provision of applicable Federal, state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity Taxing Authority by Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall will be treated for all purposes of this Agreement as having been paid to the holder holders of the shares of Company Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Readers Digest Association Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration any consideration payable or otherwise payable deliverable pursuant to this Agreement to any holder of shares of Company Common Stock or Option or such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment payments under the Code Code, or any other provision of state, local or foreign Tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or Option in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Champps Entertainment Inc)

Withholding Rights. ParentThe Surviving Company, the Surviving Corporation Parent or the Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Shares or Company Stock Options, such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code (as defined herein), and the rules and regulations promulgated thereunder, or any other provision of state, local or foreign tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Company or the Paying Agent, as applicable, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Shares or Company Stock Options, in respect of which such deduction and withholding was made by Parent, the Surviving Corporation Company, Parent or the Paying Agent, as applicable.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spirit Finance Corp)

Withholding Rights. ParentEach of the Surviving Corporation, the Surviving Corporation or the Paying Exchange Agent, as applicable, Parent and Merger Sub shall be entitled to deduct and withhold from the Merger Consideration any amounts otherwise payable pursuant to this Agreement to any holder in respect of shares of Company Common Stock Shares such amounts amount as Parentit determines, the Surviving Corporation or the Paying Agent in good faith, is required to deduct be deducted and withhold withheld with respect to the making of such payment under the Code Code, the rules or regulations promulgated thereunder, any provision of applicable state, local or foreign Tax Law or any other Law. To the extent that amounts are so withheld and paid over to duly deposited with the appropriate applicable Governmental Entity by Parent, the Surviving Corporation or the Paying AgentAuthority, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Shares in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agentmade.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (World Heart Corp)

Withholding Rights. ParentNotwithstanding any provision contained herein to the contrary, the Surviving Corporation or each of the Paying Agent, as applicablethe Surviving Corporation, its Subsidiaries and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable to any Person pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawprovision of Tax law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or If the Paying Agent, the Surviving Corporation, its Subsidiaries or Parent, as the case may be, so withholds amounts, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock Stock, in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, made such deduction and withholding.

Appears in 1 contract

Samples: Agreement and Plan of Merger (International Textile Group Inc)

Withholding Rights. ParentEach of the Paying Agent, the Surviving Corporation or the Paying Agent, as applicable, and Parent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Shares or Company Common Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under all applicable federal, state, local or foreign Tax laws and pay such withholding amount over to the Code or any other Lawappropriate taxing authority. To the extent that amounts are so withheld and paid over to by the appropriate Governmental Entity by ParentPaying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Shares or Company Common Stock Options in respect of which such deduction and withholding was made by Parentthe Paying Agent, the Surviving Corporation or Parent, as the Paying Agentcase may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bright Horizons Family Solutions Inc)

Withholding Rights. The Parent, the Surviving Corporation or and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it reasonably determines that it is required to deduct and withhold with respect to the making of such payment under the Code or any other Lawapplicable law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity taxing authority by the Parent, the Surviving Corporation or the Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock in respect of which such deduction and withholding was made by the Parent, the Surviving Corporation or the Paying Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Headhunter Net Inc)

Withholding Rights. Parent, Each of the Surviving Corporation or Corporation, Parent and the Paying Agent, as applicable, Agent shall be entitled to deduct and withhold from the Merger Cash Consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Stock or Company Series B Stock such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code Code, the rules and regulations promulgated thereunder or any other Lawapplicable Legal Requirement. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock or Company Series B Stock in respect of to which such deduction and withholding was made by Parent, the Surviving Corporation Corporation, Parent or the Paying Agent, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Transmeta Corp)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any person who was a holder of shares of Company Common Capital Stock immediately prior to the Effective Time such amounts as Parent, the Surviving Corporation or the Paying Exchange Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign tax Law. To the extent that amounts are so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Capital Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Nanometrics Inc)

Withholding Rights. Parent, the Surviving Corporation or the Paying Agent, as applicable, Exchange Agent shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any person who was a holder of shares of Company Common Stock immediately prior to the Effective Time such amounts as Parent, the Surviving Corporation Parent or the Paying Exchange Agent is required to deduct and withhold with respect to the making of such payment under the Code Code, or any other provision of state, local or foreign tax Law. To the extent that amounts are EXECUTION COPY so withheld and paid over to the appropriate Governmental Entity by Parent, the Surviving Corporation or the Paying Exchange Agent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Parent Common Stock in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Exchange Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Visx Inc)

Withholding Rights. Parent, the Surviving Corporation or the Company Paying Agent, as applicable, shall be entitled to deduct and withhold from the Merger Consideration consideration otherwise payable pursuant to this Agreement to any holder of shares of Company Common Shares or Company Stock Options such amounts as Parent, the Surviving Corporation or the Paying Agent it is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of applicable Law. To the extent that amounts are so withheld and or paid over to or deposited with the appropriate relevant Governmental Entity by ParentAuthority, the Surviving Corporation or the Paying Agentincluding any taxing authority, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Shares or Company Stock Options in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Company Paying Agent, as applicable.

Appears in 1 contract

Samples: Agreement and Plan of Merger (EnergyConnect Group Inc)

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