Representative and Paying Agent definition
Examples of Representative and Paying Agent in a sentence
The CVR Holders’ Representative and Paying Agent shall be solely responsible for the calculation and delivery of (i) the CVR Payment Amount to the respective Holders of CVRs of each such Holder’s pro rata portion of the CVR Payment (based on their respective relative CVR holdings) and (ii) the PTI Payment Amount to PTI, if applicable.
Such payments are to be made by check or wire transfer of immediately available funds in accordance with instructions specified by Escrow Agent, the Stakeholder Representative and Paying Agent, respectively, at least five (5) Business Days prior to the Closing Date.
Simultaneous with the execution and delivery of this Agreement, Ringer, the Shareholders' Representative and Paying Agent will enter into a paying agent agreement substantially in the form of Exhibit 12.03 (the "PAYING AGENT AGREEMENT").
Within ten (10) business days after exercising such right of set-off, Buyer shall give a written notice to Sellers’ Representative and Paying Agent of the effect of the set-off (both as to the set-off of the amount of the claims and interest) on the Promissory Note.
Pursuant to the terms of three Sellers’ Representative and Paying Agent Agreements, a copy of each of which has been delivered to Purchaser, (each, a “Sellers’ Representative Agreement”), each Seller has appointed either ▇▇▇▇ ▇.
Prior to the Closing, the Company may provide such Letter of Transmittal and other relevant materials agreed to by Parent and the Company to Former Holders directly, with a copy to the Stockholders’ Representative, and shall inform Parent, the Stockholders’ Representative and Paying Agent of the Former Holders to which Letters of Transmittal have been delivered.