Common use of Parent to Provide Cash Clause in Contracts

Parent to Provide Cash. At the Effective Time, Parent shall deliver to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock and all Cashed-Out Options. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 2 contracts

Samples: Merger Agreement (Cybersource Corp), Merger Agreement (Visa Inc.)

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Parent to Provide Cash. At Promptly following the Effective Time, Parent shall deliver make available to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsStock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 2 contracts

Samples: Merger Agreement (Sun Microsystems, Inc.), Merger Agreement (Storage Technology Corp)

Parent to Provide Cash. At Promptly following the Effective Time, Parent shall deliver make available to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount I that portion of the Merger Total Consideration payable pursuant to Section 1.6(a) 1.6 in exchange for outstanding shares of Company Common Stock and all Cashed-Out Options. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange FundCapital Stock.

Appears in 1 contract

Samples: Merger Agreement (Electronic Arts Inc.)

Parent to Provide Cash. At the Effective Time, Parent shall deliver to the Exchange Paying Agent for exchange exchange, in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration cash payable pursuant to Section 1.6(a) as Merger Consideration in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsShares. Any cash deposited with the Exchange Paying Agent shall hereinafter be referred to as the “Exchange Fund.

Appears in 1 contract

Samples: Merger Agreement (Broadcom Corp)

Parent to Provide Cash. At Prior to the Effective Time, Parent shall deliver enter into an agreement with the Exchange Agent that shall provide that Parent shall, within two Business Days following the Effective Time, make available to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsStock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 1 contract

Samples: Merger Agreement (Tarantella Inc)

Parent to Provide Cash. At Prior to the Effective Time, Parent shall deliver enter into an agreement with the Exchange Agent that shall provide that Parent shall, within five Business Days following the Effective Time, make available to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a1.6(c)(i) and Section 1.6(d) in exchange for outstanding shares of Company Common Stock and all Cashed-Out Company Options. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the "Exchange Fund."

Appears in 1 contract

Samples: Merger Agreement (Scientific Technologies Inc)

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Parent to Provide Cash. At On or prior to the Effective Time, the Parent shall deliver enter into an agreement with the Exchange Agent, which shall provide that on the Closing Date, the Parent shall make available to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a) 1.5 in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsStock, less the amount of cash deposited by the Parent with the Escrow Agent pursuant to Section 1.8. Any The cash deposited with the Exchange Agent shall hereinafter be is referred to herein as the "Exchange Fund."

Appears in 1 contract

Samples: Merger Agreement (Gsi Lumonics Inc)

Parent to Provide Cash. At the Effective Time, Parent shall deliver to the Exchange Agent for exchange in accordance with this Article I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsStock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 1 contract

Samples: Merger Agreement (Intellisync Corp)

Parent to Provide Cash. At Promptly following the Effective Time, Parent shall deliver make available to the Exchange Agent for exchange in accordance with this Article ARTICLE I, cash in an amount sufficient to pay the full amount of the Merger Consideration payable pursuant to Section SECTION 1.6(a) in exchange for outstanding shares of Company Common Stock and all Cashed-Out OptionsStock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund"EXCHANGE FUND."

Appears in 1 contract

Samples: Merger Agreement (Loudeye Corp)

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