Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable to the Surviving Corporation on demand.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Pure Resources Ii Inc), Agreement and Plan of Merger (Electronic Data Systems Corp /De/)
Investment of Exchange Fund. The Paying Exchange Agent shall invest any --------------------------- cash included in the Exchange Fund, Fund as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Banctec Inc), Agreement and Plan of Merger (Banctec Inc)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- ---------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Formation Agreement (International Computex Inc), Formation Agreement (Galvin Michael Jeffrey)
Investment of Exchange Fund. The Paying Exchange Agent shall invest any --------------------------- the cash included in the Exchange Fund, Fund as directed by the Surviving Corporation, Corporation on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Shaw Industries Inc), Agreement and Plan of Merger (Berkshire Hathaway Inc)
Investment of Exchange Fund. The Paying Exchange Agent shall invest any --------------------------- cash included in the Exchange FundFund and the Common Shares Trust, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandfrom time to time as the Surviving Corporation may request.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (General Motors Corp), Agreement and Plan of Merger (Raytheon Co)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ecometry Corp), Agreement and Plan of Merger (Ecometry Corp)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, Fund as directed by the Surviving Corporation, Corporation on a daily basis. Any interest and other income resulting from such investments shall promptly be payable paid to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Blackstone Cci Capital Partners Lp), Agreement and Plan of Merger (Commnet Cellular Inc)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any net profit resulting from, or interest and other or income resulting from produced by, such investments investments, shall be payable to the Surviving Corporation on demandCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Xerox Corp), Agreement and Plan of Merger (Global Imaging Systems Inc)
Investment of Exchange Fund. The Paying Exchange Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandupon termination of the Exchange Fund pursuant to Section 2.4(d).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Echostar Communications Corp), Agreement and Plan of Merger (General Motors Corp)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, Fund in an interest-bearing account as directed by more expressly described in the Surviving Corporation, on a daily basisPaying Agent Agreement. Any interest and other income resulting from such investments shall be payable to the Surviving Corporation on demand.
Appears in 1 contract
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, Fund as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Sind Acquisition Inc)
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by Fund in accordance with the Surviving Corporation, on a daily basisPaying Agent Agreement. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 1 contract
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandParent.
Appears in 1 contract
Investment of Exchange Fund. The Surviving Corporation shall direct the Paying Agent shall to invest any --------------------------- cash included in the Exchange Fund, as directed by the Surviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be payable paid to the Surviving Corporation on demandCorporation.
Appears in 1 contract
Investment of Exchange Fund. The Paying Agent shall invest any --------------------------- cash included in the Exchange Fund, Fund as directed by the Surviving Corporation; provided, on a daily basis. Any interest and other income resulting from however, that such investments shall be in obligations of or guaranteed by the United States of America or any agency or instrumentality thereof and backed by the full faith and credit of the United States of America. Any net profit resulting from, or interest or income produced by, such investments, shall be placed in the Exchange Fund and be payable to the Surviving Corporation on demandCorporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Clayton Holdings Inc)
