Common use of Investment of Merger Consideration Clause in Contracts

Investment of Merger Consideration. The Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating service, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 in assets.

Investment of Merger Consideration. The Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceXxxxx'x Investors Service, Inc. or Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 in assets.

Investment of Merger Consideration. The cash portion of the Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceMoodx'x Xxxestors Service, Inc. or Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 in assets.

Investment of Merger Consideration. The Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceXxxxx'x Investors Service, Inc. or Standard & Poor's Ratings Group, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 25,000,000,000 in assets.

Investment of Merger Consideration. The Cash Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceMoodx'x Xxxestors Service, Inc. or Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 25,000,000,000 in assets.

Investment of Merger Consideration. The Merger Consideration shall be invested by the Paying Agent, as directed by ParentERP, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceMoodx'x Xxxestors Service, Inc. and Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 10,000,000,000 in assets.

Investment of Merger Consideration. The Cash Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceMoodx'x Xxxestors Service, Inc. or Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 25,000,000,000 in assets.. (d)

Investment of Merger Consideration. The cash portion of the Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceXxxxx'x Investors Service, Inc. or Standard & Poor's Corporation, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 in assets.

Investment of Merger Consideration. The Merger Consideration shall be invested by the Paying Agent, as directed by Parent, provided that such investments shall be limited to (i) direct obligations of the United States of America, (ii) obligations for which the full faith and credit of the United States of America is pledged to provide for the payment of principal and interest, (iii) commercial paper rated of the highest quality by a nationally recognized (in the United States) rating serviceMoodx'x Xxxestors Service, Inc. or Standard & Poor's Ratings Group, or (iv) certificates of deposit issued by a commercial bank having at least $1,000,000,000 25,000,000,000 in assets.