Payment Fund. As soon as practicable after the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c) (the "Payment Fund").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Symbol Technologies Inc), Agreement and Plan of Merger (Symbol Technologies Inc)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, ------------ Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company having net capital of not less than $100,000,000 designated by Parent Parent, which shall be reasonably satisfactory to Company (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c3.1(c) (the "Payment Fund").. (b)
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Interlink Computer Sciences Inc), Agreement and Plan of Merger (Sterling Software Inc)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent Parent, which shall be reasonably satisfactory to Company (the "Paying Agent"), for the benefit of the holders of Sharesshares of Common Stock, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares shares of Common Stock pursuant to Section 4.1(c3.1(c) (the "Payment Fund").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (AMH Holdings, Inc.), Agreement and Plan of Merger (Associated Materials Inc)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent Parent, which shall be reasonably satisfactory to the Company (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c3.1(c) (the "Payment Fund").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Nielsen Media Research Inc), Agreement and Plan of Merger (Niner Acquistion Inc)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent Parent, which shall be reasonably satisfactory to the Company (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c2.07(c) (the "Payment Fund").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Acnielsen Corp), Agreement and Plan of Merger (Vnu N V)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent Parent, which shall be reasonably satisfactory to Company (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c3.1(c) (the "Payment Fund").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Abt Building Products Corp), Agreement and Plan of Merger (Louisiana Pacific Corp)
Payment Fund. As soon as practicable after Concurrently with the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c3.1 (c) (the "Payment Fund").
Appears in 1 contract
Payment Fund. As soon as practicable after Concurrently with the ------------------ Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank or trust company designated by Parent Parent, which shall be reasonably satisfactory to the Company (the "Paying Agent"), for the benefit of the holders of Shares, cash in an amount sufficient to pay the aggregate Merger Consideration payable upon the conversion of Shares pursuant to Section 4.1(c2.07(c) or Section 2.08 (the "Payment Fund").
Appears in 1 contract
Samples: Agreement and Plan of Merger (Ea Engineering Acquisition Corp)
Payment Fund. (a) As soon as practicable after of the Effective Time, Parent shall deposit, or shall cause to be deposited, with or for the account of a bank Xxxxxxx Xxxxx or trust company such other third party as may be designated by the holders of a majority in interest of the Company Common Stock, which shall be reasonably satisfactory to Parent (the "“Paying Agent"”), for the benefit of the holders of Sharesthe shares of Company Common Stock, cash in an amount of cash sufficient to pay the aggregate Merger Consideration payable upon Tranche One Payment. Any cash deposited with the conversion of Shares pursuant Paying Agent is referred to Section 4.1(c) (as the "“Payment Fund").”
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Triquint Semiconductor Inc)
