Common use of Paying Agent; Certificate Surrender Procedures Clause in Contracts

Paying Agent; Certificate Surrender Procedures. (a) On or prior to the Effective Time, the Parent will designate (with the approval of the Company, not to be unreasonably withheld) and enter into an agreement with an institution or trust company to act as paying agent for the Merger Consideration (the "PAYING AGENT").

Appears in 3 contracts

Samples: Acquisition Agreement (Sbi & Co), Acquisition Agreement (Lante Corp), Acquisition Agreement (Lante Corp)

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Paying Agent; Certificate Surrender Procedures. (a) On or prior Prior to the Effective Time, the Parent will shall designate (with the approval of the Company, not to be unreasonably withheld) and enter into an agreement with an institution ), or shall cause to be designated, a bank or trust company based in the United States, to act as paying agent for the payment of the Merger Consideration upon surrender of Certificates (the "PAYING AGENT").

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Anteon International Corp), Agreement and Plan of Merger (Anteon International Corp)

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