Common use of Deposit with Exchange Agent Clause in Contracts

Deposit with Exchange Agent. As soon as practicable after the Effective Time, Parent shall deposit with a bank or trust company mutually agreeable to Parent and the Company (the "Exchange Agent"), pursuant to an agreement in form and substance reasonably acceptable to Parent and the Company, when required, certificates representing shares of Parent Common Stock required to effect the conversion of Company Common Stock into Parent Common Shares in accordance with Section 2.1(b) and an amount of cash in respect of fractional shares pursuant to Section 2.2(d).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Minnesota Mining & Manufacturing Co), Agreement and Plan of Merger (Robinson Nugent Inc)

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Deposit with Exchange Agent. As soon as practicable after the Effective Time, Parent shall deposit with a bank or trust company mutually agreeable to as may be selected by Parent and be reasonably acceptable to the Company (the "Exchange Agent"), pursuant to an agreement in form and substance reasonably acceptable to Parent and the Company, when required, certificates representing shares of Parent Common Stock required to effect the conversion of Company Common Stock into Parent Common Shares in accordance with Section 2.1(b) and an amount of cash in respect of fractional shares pursuant to Section 2.2(d)representing the aggregate Merger Consideration.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Valley Resources Inc /Ri/), Agreement and Plan of Merger (Southern Union Co)

Deposit with Exchange Agent. As soon as practicable after the Effective Time, Parent shall deposit or cause to be deposited with a bank or trust company mutually agreeable selected by Parent that is reasonably acceptable to Parent and the Company (the "Exchange Agent"), pursuant to an agreement in form and substance reasonably acceptable to Parent and the Company, when required, certificates representing the shares of Parent Common Stock required to effect issuable in the conversion of Company Common Stock into Parent Common Shares in accordance with Section 2.1(b) and an amount of cash in respect of fractional shares Merger pursuant to Section 2.2(d3.1(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lendingtree Inc)

Deposit with Exchange Agent. As soon as practicable after the Effective Time, Parent shall deposit or cause to be deposited with a bank or trust company mutually agreeable selected by Parent that is reasonably acceptable to Parent and the Company (the "Exchange Agent"), pursuant to an agreement in form and substance reasonably acceptable to Parent and the Company, when required, certificates representing the shares of Parent Common Stock required to effect Stock, the conversion of Company Common Stock into Parent Common Shares in accordance with Section 2.1(b) Warrants and an amount of the cash in respect of fractional shares pursuant to Section 2.2(d)that constitute the Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Owosso Corp)

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Deposit with Exchange Agent. As soon as practicable Immediately after the Effective Time, Parent shall deposit or cause to be deposited with a bank or trust company mutually agreeable selected by Parent that is reasonably acceptable to Parent and the Company (the "Exchange Agent"), pursuant to an agreement in form and substance reasonably acceptable to Parent and the Company, when required, certificates representing the shares of Parent Common Stock required to effect issuable at the conversion of Company Common Stock into Parent Common Shares Effective Time in accordance with Section 2.1(b) and an amount of cash in respect of fractional shares the Merger pursuant to Section 2.2(d3.1(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger And (Ask Jeeves Inc)

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