Common use of Exchange Fund; Exchange Agent Clause in Contracts

Exchange Fund; Exchange Agent. (a) Prior to the mailing of the Joint Proxy Statement, Parent will designate a bank or trust company reasonably acceptable to Company to act as exchange agent (the “Exchange Agent”) for the payment and delivery of the Merger Consideration and the Fractional Share Consideration, as provided in Sections 3.1(a)(ii) and 3.6.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Inland Diversified Real Estate Trust, Inc.), Agreement and Plan of Merger (Kite Realty Group Trust)

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Exchange Fund; Exchange Agent. (a) Prior to the mailing of the Joint Proxy StatementStatement in a definitive form, Parent will designate a bank or trust company reasonably acceptable to Company to act as exchange agent (the “Exchange Agent”) for the payment and delivery of the Merger Consideration and the Fractional Share Consideration, as provided in Sections 3.1(a)(ii) and 3.6.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Kite Realty Group, L.P.), Agreement and Plan of Merger (Retail Properties of America, Inc.)

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Exchange Fund; Exchange Agent. (a) Prior to the mailing of the Joint Proxy Statement, Parent will designate a bank or trust company reasonably acceptable to Company to act as a paying and exchange agent in the REIT Merger (the “Exchange Agent”) for the payment and delivery of the Merger Consideration ), and the Fractional Share Consideration, as provided Exchange Agent will administer the payments described in Sections 3.1(a)(ii) Section 3.1 and 3.6Section 3.2.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Landmark Apartment Trust, Inc.)

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