Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the Buyer, on a daily basis. Any interest and other income resulting from such investments shall be paid to the Buyer.
Appears in 4 contracts
Samples: Merger Agreement (Sunbeam Corp/Fl/), Merger Agreement (Sunbeam Corp/Fl/), Merger Agreement (Signature Brands Usa Inc)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the Buyer, on a daily basis. Any interest and other income resulting from such investments shall be paid to the Buyer.
Appears in 2 contracts
Samples: Merger Agreement (Usa Networks Inc), Agreement and Plan of Merger (Precision Response Corp)
Investment of Exchange Fund. The Exchange Paying Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerSurviving Corporation, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerSurviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Ecometry Corp), Merger Agreement (Ecometry Corp)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerAcquiror, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerAcquiror.
Appears in 2 contracts
Samples: Merger Agreement (Hcia Inc), Agreement and Plan of Reorganization (Hcia Inc)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerDiscount, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerDiscount.
Appears in 2 contracts
Samples: Merger Agreement (Discount Auto Parts Inc), Merger Agreement (Hi Lo Automotive Inc /De)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, Fund as directed by the Buyer, on a daily basisCompany. Any interest and other income resulting from such investments shall promptly be paid to the BuyerCompany.
Appears in 2 contracts
Samples: Merger Agreement (Midwest Banc Holdings Inc), Merger Agreement (Stifel Financial Corp)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the Buyer, on a daily basis. Any interest and other income resulting from such investments shall will be paid to the Buyer.
Appears in 2 contracts
Samples: Merger Agreement (Parker Hannifin Corp), Merger Agreement (Commercial Intertech Corp)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerInteriors, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerInteriors.
Appears in 2 contracts
Samples: Merger Agreement (Interiors Inc), Merger Agreement (Interiors Inc)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerMoneyZone, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerMoneyZone.
Appears in 1 contract
Samples: Merger Agreement (Moneyzone Com)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the Buyer, Acquiror,
on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerAcquiror.
Appears in 1 contract
Samples: Merger Agreement (Newell Co)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerResulting Corporation, on a daily basis. Any interest and other income resulting from such investments shall will be paid to the BuyerResulting Corporation.
Appears in 1 contract
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerAcquiror, on a daily basis. Any interest and other income resulting from such investments shall be paid to the BuyerAcquiror.
Appears in 1 contract
Samples: Merger Agreement (Tech Sym Corp)
Investment of Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange FundFund in deposit accounts or short-term money market instruments, as directed by the Buyer, on a daily basis. Any interest and other income resulting from such investments shall be paid to the Buyer.
Appears in 1 contract
Investment of Exchange Fund. The Exchange Paying Agent shall invest any cash included in the Exchange Fund, as directed by the BuyerParent, on a daily basis. Any net profit resulting from, or interest and other or income resulting from produced by, such investments shall be paid to held in the BuyerExchange Fund. The Exchange Fund shall not be used for any other purpose except as provided in this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Ralston Purina Co)
