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, the aggregate Consideration to be paid pursuant to the Arrangement.

Appears in 2 contracts

Samples: Arrangement Agreement, 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 with the Depositary in escrow, the aggregate Share Consideration to be paid pursuant to the Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Aphria 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 Buyer will have deposited or caused to be deposited with the Depositary in escrow, escrow the Consideration Shares required to effect payment in full of the aggregate Consideration to be paid pursuant to the Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Cybin 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 with the Depositary in escrow, 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 ArrangementArrangement and the Depositary has confirmed to the Company receipt of such funds.

Appears in 1 contract

Samples: Arrangement Agreement (Lowes Companies 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, but provided that those conditions are then capable of being satisfied), the Purchaser has shall have deposited or caused to be deposited with the Depositary in escrow, escrow in accordance with Section 2.9 the funds required to pay the aggregate Consideration payable to be paid Company Shareholders pursuant to the ArrangementPlan of Arrangement and the Depositary has confirmed to the Company receipt of such funds.

Appears in 1 contract

Samples: Arrangement Agreement (LKQ Corp)

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, escrow in accordance with Section 2.10 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 (Viavi Solutions Inc.)

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