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, immediately following the Effective Time of the Merger, all the 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 4 contracts
Samples: Merger Agreement (Baa PLC /Fi), Merger Agreement (Duty Free International Inc), Merger Agreement (Duty Free International Inc)
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, immediately following as and when needed after the Effective Time of the Merger, all the 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: Merger Agreement (Stant Corp), Merger Agreement (Tomkins PLC)
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, immediately following as and when needed after the Effective Time of the MergerTime, all the 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: Merger Agreement (Netframe Systems Inc), Merger Agreement (Micron Technology Inc)
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, immediately as required from time to time following the Effective Time of the MergerTime, all the 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
