Common use of Acceptance Time Clause in Contracts

Acceptance Time. The Company shall register the transfer of shares of Common Stock accepted for payment effective immediately after the time at which Acquisition Sub accepts for payment shares of Common Stock tendered and not properly withdrawn pursuant to the Offer (the “Acceptance Time”); provided that Acquisition Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 2 contracts

Samples: Merger Agreement (Dealertrack Technologies, Inc), Merger Agreement (AOL Inc.)

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Acceptance Time. The Company shall register the transfer of shares of Company Common Stock accepted for payment effective immediately after the time at which Acquisition Merger Sub accepts for payment shares of Company Common Stock tendered and not properly withdrawn pursuant to the Offer (the “Acceptance Time”); provided provided, that Acquisition Merger Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 2 contracts

Samples: Merger Agreement (Telecommunication Systems Inc /Fa/), Merger Agreement (Comtech Telecommunications Corp /De/)

Acceptance Time. The Company shall register the transfer of shares of Common Stock accepted for payment effective immediately after the time at which Acquisition Sub accepts for payment shares of Common Stock tendered and not properly withdrawn pursuant to the Offer (the "Acceptance Time"); provided that Acquisition Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 1 contract

Samples: Merger Agreement (Millennial Media Inc.)

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Acceptance Time. The Company shall register the transfer of shares of Common Stock accepted for payment effective immediately after the time at which Acquisition Sub accepts for payment shares of Common Stock tendered and not properly withdrawn pursuant to the Offer (the "Acceptance Time"); provided that Acquisition Sub pays for such shares of Common Stock at or immediately promptly after such transfer.

Appears in 1 contract

Samples: Merger Agreement (Nortek Inc)

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