Common use of Allocation and Proration Clause in Contracts

Allocation and Proration. To the extent necessary to satisfy the limitations in Section 3.01(g), within three business days after the Election Deadline, Purchaser shall cause the Exchange Agent to effect the allocation among holders of Seller Common Stock of rights to receive the Cash Consideration and the Stock Consideration as follows:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (S&t Bancorp Inc), Agreement and Plan of Merger (Ibt Bancorp Inc)

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Allocation and Proration. To the extent necessary to satisfy the limitations in Section 3.01(g3.01(h), within three business days after the Election Deadline, Purchaser shall cause the Exchange Agent to effect the allocation among holders of Seller Common Stock of rights to receive the Cash Consideration and the Common Stock Consideration as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (S&t Bancorp Inc)

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Allocation and Proration. To the extent necessary to satisfy the limitations in Section 3.01(g3.01(h), within three business days after the Election Deadline, Purchaser shall cause the Exchange Agent to effect the allocation among holders of Seller Common Stock of rights to receive the Cash Consideration and the Stock Consideration as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (S&t Bancorp Inc)

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