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: Agreement and Plan of Merger (Kerr McGee Corp), Agreement and Plan of Merger (World Access Inc /New/), Agreement and Plan of Merger (Oryx Energy Co)
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 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
Samples: Agreement (Saba Petroleum Co)
