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, an amount of cash and certificates representing shares of Parent Common Stock required to effect the conversion of Company Common Stock into Parent Common Stock and cash in accordance with Section 2.1(c).

Appears in 2 contracts

Samples: Merger Agreement (Energy East Corp), Merger Agreement (RGS Energy Group Inc)

AutoNDA by SimpleDocs

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, an amount of cash and certificates representing the shares of Parent Common Stock required issuable in the Merger pursuant to effect the conversion of Company Common Stock into Parent Common Stock and cash in accordance with Section 2.1(c3.1(b).

Appears in 1 contract

Samples: Merger Agreement (Usa Interactive)

AutoNDA by SimpleDocs

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, an amount of cash and certificates representing the shares of Parent Common Stock required issuable at the Effective Time in the Merger pursuant to effect the conversion of Company Common Stock into Parent Common Stock and cash in accordance with Section 2.1(c3.1(b).

Appears in 1 contract

Samples: Merger Agreement (Iac/Interactivecorp)

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