Investment of the Payment Fund. The Paying Agent shall invest the Payment Fund as directed by Parent on a daily basis. Any interest and other income resulting from any such investment shall promptly be paid to Parent.
Appears in 2 contracts
Samples: Merger Agreement (Numerical Technologies Inc), Merger Agreement (Synopsys Inc)
Investment of the Payment Fund. The Paying Agent shall invest the cash included in the Payment Fund as directed by Parent on a daily basis. Any interest and other income resulting from any such investment investments shall promptly be paid to Parent.
Appears in 2 contracts
Samples: Merger Agreement (Georgia Pacific Corp), Merger Agreement (Unisource Worldwide Inc)