Common use of Payment Acceptance Clause in Contracts

Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, including Exhibit A hereto, Parent shall cause Sub to accept for payment and pay for all shares of Company Common Stock validly tendered and not withdrawn pursuant to the Offer that Sub becomes obligated to purchase pursuant to the Offer promptly after the expiration of the Offer.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Yak Communications Inc), Agreement and Plan of Merger (Globalive Communications Corp.)

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Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, including Exhibit A hereto, Parent shall cause Sub to accept for payment and pay for all shares of Company Common Stock validly tendered and not withdrawn pursuant to the Offer that Sub becomes obligated to purchase pursuant to the Offer promptly as soon as practicable after the expiration of the Offer.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Kagt Holdings Inc), Agreement and Plan of Merger (Forrester Research Inc)

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Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, including Exhibit A hereto, Parent shall cause Sub to accept for payment and pay for all shares of Company Common Stock validly tendered and not withdrawn pursuant to the Offer that Sub becomes obligated to purchase pursuant to the Offer promptly after the expiration of the Offer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Vision Inc)

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