Common use of Deposit of Consideration Clause in Contracts

Deposit of Consideration. Subject to obtaining the Final Order and the satisfaction or waiver of the other conditions precedent contained herein in its favour (other than conditions which, by their nature, are only capable of being satisfied as of the Effective Time), the Purchaser has deposited or caused to be deposited with the Depositary in escrow in accordance with Section 2.9, the funds required to effect payment in full of the aggregate Consideration to be paid pursuant to the Arrangement.

Appears in 2 contracts

Samples: Arrangement Agreement (Trillium Therapeutics Inc.), Arrangement Agreement

AutoNDA by SimpleDocs

Deposit of Consideration. Subject to obtaining the Final Order and the satisfaction or waiver of the other conditions precedent contained herein in its favour (other than conditions which, by their nature, are only capable of being satisfied as of the Effective Time), the Purchaser has deposited or caused to be deposited shall have complied with the Depositary in escrow in accordance with its obligations under Section 2.9, the funds required to effect payment in full of the aggregate Consideration to be paid pursuant to the Arrangement.

Appears in 2 contracts

Samples: Arrangement Agreement (Semtech Corp), Arrangement Agreement (Sierra Wireless Inc)

Deposit of Consideration. Subject to obtaining the Final Order and the satisfaction or waiver of the other conditions precedent contained herein in its favour (other than conditions which, by their nature, are only capable of being satisfied as of the Effective Time), the Purchaser has deposited or caused to be deposited complied with its obligations under Section 2.10 and the Depositary in escrow in accordance with Section 2.9, will have confirmed to Corporation receipt from or on behalf of Purchaser of the funds required to effect payment in full of the aggregate Consideration to be paid pursuant to the Arrangementcontemplated by Section 2.10.

Appears in 2 contracts

Samples: Arrangement Agreement (Shockwave Medical, Inc.), Arrangement Agreement (Neovasc Inc)

AutoNDA by SimpleDocs

Deposit of Consideration. Subject to obtaining the Final Order and the satisfaction or waiver of the other conditions precedent contained herein in its favour (other than conditions which, by their nature, are only capable of being satisfied as of the Effective Time), the Purchaser or Guarantor has deposited or caused to be deposited complied with its obligations under Section 2.9 and the Depositary in escrow in accordance with will have confirmed to Corporation receipt from or on behalf of Purchaser or Guarantor of the funds contemplated by Section 2.9, the funds required to effect payment in full of the aggregate Consideration to be paid pursuant to the Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Clementia Pharmaceuticals Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!