Parent To Provide Funds. Parent shall take all steps necessary to enable and cause the Surviving Corporation to provide to the Paying Agent on a timely basis, as and when needed after the Effective Time of the Merger, funds necessary to pay for the shares of Common Stock pursuant to Section 3.01, it being understood that any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parent.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Tomkins PLC), Agreement and Plan of Merger (Stant Corp)
Parent To Provide Funds. Parent shall take all steps necessary ----------------------- to enable and cause the Surviving Corporation to provide to the Paying Agent on a timely basis, as and when needed after the Effective Time of the MergerTime, funds necessary to pay for the shares of the Company Common Stock as part of the Merger pursuant to Section 3.01, it being understood that any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parent3.1.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Netframe Systems Inc), Agreement and Plan of Merger (Micron Technology Inc)
Parent To Provide Funds. Parent shall take all steps necessary to enable and cause Sub, or the Surviving Corporation Corporation, to provide to the Paying Agent on a timely basis, as and when needed on and after the Effective Time of the MergerTime, funds necessary to pay for the shares of Company Common Stock as part of the Merger pursuant to Section 3.01, it being understood that any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parent.2.01. (c)
Appears in 1 contract
Samples: 1 Agreement and Plan of Merger (Ajk Enterprises Inc)
Parent To Provide Funds. Parent shall take all steps necessary to enable and cause Sub, or the Surviving Corporation Corporation, to provide to the Paying Agent on a timely basis, as and when needed on and after the Effective Time of the MergerTime, funds necessary to pay for the Merger Consideration in respect of the shares of Company Common Stock as part of the Merger pursuant to Section 3.01, it being understood that 2.01(c) or to pay any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parentamount required under Section 2.01(e).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Northbay Financial Corp)
Parent To Provide Funds. Parent shall take all steps necessary to enable and cause the Surviving Corporation to promptly provide to the Paying Agent on a timely basisAgent, as and when needed after required from time to time following the Effective Time of Time, all the Merger, funds necessary to pay for the shares of Company Common Stock pursuant to Section 3.01, it being understood that any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parent3.1.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Newpower Holdings Inc)
Parent To Provide Funds. Parent shall take all steps necessary to enable and cause the Surviving Corporation to provide to the Paying Agent Agent, on a timely basis, as and when needed after the Effective Time of the Merger, funds necessary to pay for the shares of Common Stock Shares pursuant to Section 3.01, it being understood that any and all interest earned on funds made available to the Paying Agent in accordance with this Agreement shall be turned over to Parent.
Appears in 1 contract
