Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation on a daily basis. Any interest and other income resulting from such investments shall promptly be paid to the Surviving Corporation.
Appears in 14 contracts
Samples: Merger Agreement (Oryx Energy Co), Merger Agreement (Worldcom Inc /Ga/), Merger Agreement (Monsanto Co)
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation Purchaser on a daily basis. Any interest and other income resulting from such investments shall promptly be paid to the Surviving CorporationPurchaser.
Appears in 4 contracts
Samples: Merger Agreement (Anthem Inc), Merger Agreement (Rightchoice Managed Care Inc /De), Merger Agreement (Cobalt Corp)
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund Fund, as directed by the Surviving Corporation Buyer, on a daily basis, provided that no such investment or loss thereon shall affect the amounts payable to holders of Company Common Stock pursuant to Article II and the other provisions of this Article II. Any interest and other income resulting from such investments shall promptly be paid to the Surviving CorporationBuyer.
Appears in 3 contracts
Samples: Merger Agreement (Photomedex Inc), Merger Agreement (Procyte Corp /Wa/), Merger Agreement (Photomedex Inc)
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation Purchaser on a daily basis, or as otherwise agreed to by Purchaser and the Exchange Agent. Any interest and other income resulting from such investments shall promptly be paid to Purchaser, or as otherwise agreed to by Purchaser and the Surviving CorporationExchange Agent.
Appears in 3 contracts
Samples: Merger Agreement (Wellpoint Health Networks Inc /De/), Merger Agreement (Wellpoint Inc), Merger Agreement (Anthem Inc)
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation Buyer on a daily basis; provided that no such investment or loss thereon shall affect the amounts payable or the timing of the amounts payable to the Company stockholders pursuant to the other provisions of this Article III. Any interest and other income resulting from such investments shall promptly be paid to the Surviving CorporationBuyer.
Appears in 3 contracts
Samples: Merger Agreement (Plato Learning Inc), Merger Agreement (Lightspan Inc), Merger Agreement (Decode Genetics Inc)
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation on a daily basis. Any interest and or other income resulting from such investments shall promptly be paid to the Surviving Corporation.
Appears in 1 contract
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation on a daily basis. Any interest and other income resulting from such investments promptly shall promptly be paid to the Surviving Corporation.
Appears in 1 contract
Investment of the Exchange Fund. The Exchange Agent shall invest any cash included in the Exchange Fund as directed by the Surviving Corporation Wxxxxx-Xxxxxxx on a daily basis. Any interest and other income resulting from such investments shall promptly be paid to the Surviving CorporationWxxxxx-Xxxxxxx.
Appears in 1 contract
Investment of the Exchange Fund. The Exchange Paying Agent shall shall, subject to compliance with Section 2.2(a), invest any cash included in the Exchange Fund as directed by the Surviving Corporation on a daily basisfrom time to time. Any interest and other income resulting from such investments shall promptly be paid to the Surviving Corporation.
Appears in 1 contract
