Common use of Investment of Merger Fund Clause in Contracts

Investment of Merger Fund. The Paying Agent shall invest any cash in the Merger Fund, as directed by the Surviving Corporation. Any interest and other income resulting from such investments shall be paid to the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Us Oncology Inc), Agreement and Plan of Merger (Argo Tech Corp)

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Investment of Merger Fund. The Paying Agent shall invest any cash in the Merger FundFund in an interest bearing money market account, as directed by the Surviving Corporation. Any interest and other income resulting from such investments net of any expenses or fees of the Paying Agent shall be paid to the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nco Group Inc)

Investment of Merger Fund. The Paying Agent shall invest any cash in the Merger FundFund in an interest bearing money market account, in accordance with and as directed by provided in the Surviving CorporationPaying Agent Agreement. Any interest and other income resulting from such investments net of any expenses or fees of the Paying Agent shall be paid to the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercantile Bancorp, Inc.)

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Investment of Merger Fund. The Paying Agent shall invest any cash in the Merger FundFund in an interest bearing money market account, as directed by the Surviving CorporationMercantile Sub. Any interest and other income resulting from such investments net of any expenses or fees of the Paying Agent shall be paid to the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercantile Bancorp, Inc.)

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