Examples of Contribution Agent in a sentence
From and after the Effective Time, the Contribution Agent shall act as a fiduciary of the former holders of Company Capital Stock for purposes of, among other things, ensuring for the benefit of such former holders the consummation of the Parent Capital Increase.
The Contribution Agent Agreement shall provide that, as soon as practicable after the Parent Share Issuance, the Contribution Agent shall deposit with the Depositary, for the benefit of the holders of shares of Company Capital Stock, the Parent Ordinary Shares underlying the Merger Aggregate Stock Consideration (the “Parent Ordinary Share Deposit”).
The Contribution Agreement shall provide that, as soon as practicable after, but in any event no later than on the third Business Day after, the Effective Time, (i) the Contribution Agent shall execute a subscription certificate (Zeichnungsschein) with the contents and in the form stipulated by Section 185(1) AktG and the Contribution Agent Agreement and (ii) Parent and Contribution Agent shall execute the Contribution Agreement ((i) and (ii) collectively, the “Contribution”).
Upon the Parent Capital Increase Registration, the Parent Ordinary Shares underlying the Merger Aggregate Stock Consideration shall be issued to the Contribution Agent by operation of law (the “Parent Share Issuance”).
Parent and Merger Sub shall be responsible for the fees and expenses of (i) the Escrow Agent relating to the Escrow Agreement, (ii) the Exchange Agent and (iii) the Contribution Agent.
In the Contribution Agreement (inter alia), the Contribution Agent shall take on the obligation to the holders of Company Common Stock to execute a subscription certificate (Zeichnungsschein) following the Effective Time pursuant to Section 2.2.
At the Effective Time, Parent’s obligation to effect the Share Exchange shall become unconditional, subject only to the completion of the contribution-in-kind by the Contribution Agent described in this Section 2.2.
As required by Law, certain of such obligations of Parent shall be incorporated in agreements in connection with the contribution-in-kind to Parent, which agreements shall be entered into by Parent, the Company and the Contribution Agent in the context of the Share Exchange pursuant to Section 202 et seq.
The Contribution Agent Agreement shall, among other things, provide for (A) the Contribution Agent Registration as set forth in Section 1.5(e) below and (B) the obligations of the Contribution Agent towards the holders of Company Capital Stock to effect (1) the Contribution pursuant to Section 1.5(f) below and (2) the Parent Ordinary Share Deposit pursuant to Section 1.5(i)(i) below.
The Contribution Agent will at first hold the Surviving Corporation Shares as trustee for the holders of the former Zoosk Shares as issued and outstanding as of the Merger Effective Date (such holders the „Zoosk Subscribers”).