Exchange Fund definition

Exchange Fund shall have the meaning set forth in Section 3.2(a).
Exchange Fund has the meaning set forth in Section 2.2(a).
Exchange Fund shall have the meaning set forth in Section 1.7(a).

Examples of Exchange Fund in a sentence

  • If for any reason (including investment losses) the Exchange Fund shall be insufficient to fully satisfy all of the payment obligations to be made by the Paying Agent hereunder, Buyer shall promptly deposit cash into the Exchange Fund in an amount which is equal to the deficiency in the amount of cash required to fully satisfy such payment obligations.

  • Except as provided in Section ‎3.7, the Exchange Fund shall not be used for any other purpose.

  • Any portion of the Exchange Fund that remains undistributed to the former holders of Company Stock for one year after the Effective Time shall be delivered to the Surviving Corporation, upon demand, and any former holder of Company Stock who has not theretofore complied with this Article ‎III shall thereafter look only to the Surviving Corporation for payment of its claim for the Merger Consideration.

  • None of Buyer, Merger Sub, the Company, the Surviving Corporation or the Paying Agent shall be liable to any Person in respect of any cash from the Exchange Fund delivered to a public official pursuant to any applicable abandoned property, escheat or similar Law.

  • The Paying Agent shall pay the Merger Consideration out of the Exchange Fund.


More Definitions of Exchange Fund

Exchange Fund has the meaning set forth in Section 4.2(a)(i).
Exchange Fund. Section 2.2(a)
Exchange Fund has the meaning set forth in Section 3.03(f).
Exchange Fund shall have the meaning set forth in Section 2.13(b).
Exchange Fund shall have the meaning given such term in Section 2.5.
Exchange Fund has the meaning given to that term in Section 2.07(a) of this Agreement.
Exchange Fund has the meaning set forth in Section 1.9(a).