Common use of Parent to Provide Cash Clause in Contracts

Parent to Provide Cash. Promptly following the Effective Time, Parent shall make available to the Exchange Agent for exchange in accordance with this Article I, the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 2 contracts

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

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Parent to Provide Cash. Promptly following At the Effective Time, Parent shall make available 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 StockStock 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: Agreement and Plan of Merger (Cybersource Corp), Agreement and Plan of Merger (Visa Inc.)

Parent to Provide Cash. Promptly following Prior to the Effective Time, Parent shall 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, 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 StockStock and Company Options. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the "Exchange Fund."

Appears in 1 contract

Samples: Agreement and Plan of Merger (Scientific Technologies Inc)

Parent to Provide Cash. Promptly following At the Effective Time, Parent shall make available 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. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intellisync Corp)

Parent to Provide Cash. Promptly following On or prior to the Effective Time, the Parent shall 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, the Merger Consideration payable pursuant to Section 1.6(a) 1.5 in exchange for outstanding shares of Company Common Stock, 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: Agreement and Plan of Merger (Gsi Lumonics Inc)

Parent to Provide Cash. Promptly following On or before the Effective Time, Parent shall make available to the Exchange Payment Agent for exchange in accordance with this Article I, the Merger Consideration payable deliverable pursuant to Section 1.6(a) in exchange for the outstanding shares of Company Common Stock. Any cash deposited with the Exchange Payment Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 1 contract

Samples: Agreement and Plan of Merger (Coherent Inc)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Loudeye Corp)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Broadcom Corp)

Parent to Provide Cash. Promptly following Prior to the Effective Time, Parent shall 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, the Merger Consideration payable pursuant to Section 1.6(a) in exchange for outstanding shares of Company Common Stock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.”

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tarantella Inc)

Parent to Provide Cash. Promptly following the Effective Time, Parent shall make available to the Exchange Agent for exchange in accordance with this Article I, 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 Capital Stock. Any cash deposited with the Exchange Agent shall hereinafter be referred to as the “Exchange Fund.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Electronic Arts Inc.)

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