Common use of Parent Funding Clause in Contracts

Parent Funding. At the Effective Time, Parent shall make a cash contribution to the Surviving Corporation in immediately available funds to permit the Surviving Corporation to make the payments required under this Section 2.3.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (UNS Energy Corp), Agreement and Plan of Merger (Ch Energy Group Inc)

AutoNDA by SimpleDocs

Parent Funding. At the Effective Time, Parent shall make a cash contribution to the Surviving Corporation in immediately available funds to permit the Surviving Corporation to make the payments required under this Section 2.32.4.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Central Vermont Public Service Corp), Agreement and Plan of Merger (Central Vermont Public Service Corp)

Parent Funding. At the Effective Time, Parent shall make a cash contribution to the Surviving Corporation Company in immediately available funds to permit the Surviving Corporation Company to make the payments required under this Section 2.32.4.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nicor Inc), Agreement and Plan of Merger (Agl Resources Inc)

Parent Funding. At the Effective Time, Parent shall make make, or shall cause to be made, a cash contribution to the Surviving Corporation in immediately available funds to permit the Surviving Corporation to make the payments required under this Section 2.32.4.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Central Vermont Public Service Corp)

AutoNDA by SimpleDocs

Parent Funding. At the Effective Time, Parent shall make a cash contribution to the Surviving Corporation in immediately available funds to permit the Surviving Corporation to make the payments required under this Section 2.32.4(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Network Engines Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.