Common use of Parent to Provide Common Stock Clause in Contracts

Parent to Provide Common Stock. Promptly after the Effective Time, and in no event more than three (3) Business Days thereafter, Parent shall make available to the Exchange Agent, for exchange in accordance with this Article II, the Closing Shares in exchange for outstanding shares of Company Common Stock and any dividends or distributions to which holders of shares of Company Common Stock may be entitled pursuant to Section 2.6(d). In addition, at such time Parent shall deposit with the Escrow Agent the Additional Escrowed Shares in accordance with Section 2.15(e).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Israel Technology Acquisition Corp.), Agreement and Plan of Merger (Israel Technology Acquisition Corp.)

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Parent to Provide Common Stock. Promptly after the Effective Time, and in no event more than three (3) Business Days business days thereafter, Parent shall make available to the Exchange Agent, for exchange in accordance with this Article III, the Closing Shares shares of Parent Common Stock issuable pursuant to Section 1.5 (other than Milestone Shares) in exchange for outstanding shares of Company Common Capital Stock and Notes and any dividends or distributions to which holders of shares of Company Common Capital Stock may be entitled pursuant to Section 2.6(d). In addition, at such time Parent shall deposit with the Escrow Agent the Additional Escrowed Shares in accordance with Section 2.15(e1.6(e).

Appears in 2 contracts

Samples: Merger Agreement (Ithaka Acquisition Corp), Merger Agreement (Ithaka Acquisition Corp)

Parent to Provide Common Stock. Promptly after the Effective Time, and in no event more than three (3) two Business Days thereafter, Parent shall make available to the Exchange Agent, for exchange in accordance with this Article III, all of the Closing Parent Ordinary Shares in exchange for outstanding shares of Company Common Stock and any dividends or distributions to which holders of shares of Company Common Stock may be entitled issued by Parent pursuant to Section 2.6(d). In addition, at such time Parent shall deposit with the Escrow Agent the Additional Escrowed Shares in accordance with Section 2.15(e1.5(a) (“Closing Shares”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Israel Growth Partners Acquisition Corp.)

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Parent to Provide Common Stock. Promptly after the Effective Time, and in no event more than three (3) Business Days business days thereafter, Parent shall make available to the Exchange Agent, for exchange in accordance with this Article III, the Closing Shares shares of Parent Common Stock issuable pursuant to Section 1.6 in exchange for outstanding shares of Company Common Stock and any dividends or distributions to which holders of shares of Company Common Stock may be entitled pursuant to Section 2.6(d). In addition, at such time Parent shall deposit with the Escrow Agent the Additional Escrowed Shares in accordance with Section 2.15(e1.7(d).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chiste Corp)

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