Common use of Payment and Delivery of Merger Consideration Clause in Contracts

Payment and Delivery of Merger Consideration. (a) Immediately prior to the Effective Time, GTY shall deposit, or shall cause to be deposited with Continental Stock Transfer & Trust Company or such other bank or trust company that may be designated by GTY and be reasonably acceptable to the Company (the “Exchange Agent”), for the benefit of the eCivis Holders, for exchange in accordance with this Section 1.3 through the Exchange Agent, sufficient funds and shares of GTY Common Stock in an aggregate amount necessary for the payment of:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GTY Technology Holdings Inc.), Agreement and Plan of Merger (GTY Technology Holdings Inc.)

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Payment and Delivery of Merger Consideration. (a) Immediately prior to the Effective Time, GTY shall deposit, or shall cause to be deposited with Continental Stock Transfer & Trust Company or such other bank or trust company that may be designated by GTY and be reasonably acceptable to the Company (the “Exchange Agent”), for the benefit of the eCivis Company and the OC Holders, for exchange in accordance with this Section 1.3 through the Exchange Agent, sufficient funds and shares of GTY Common Stock in an aggregate amount necessary for the payment of:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GTY Technology Holdings Inc.), Agreement and Plan of Merger (GTY Technology Holdings Inc.)

Payment and Delivery of Merger Consideration. (a) Immediately prior to the Effective Time, GTY shall deposit, or shall cause to be deposited with Continental Stock Transfer & Trust Company or such other bank or trust company that may be designated by GTY and be reasonably acceptable to the Company to act as the Company’s transfer agent and the exchange agent (the “Exchange Agent”), for the benefit of the eCivis CB Holders, for exchange in accordance with this Section 1.3 1.6 through the Exchange Agent, sufficient funds funds, and shares of GTY Common Stock instructions to issue the Election Shares, in an aggregate amount necessary for the payment of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (GTY Technology Holdings Inc.)

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Payment and Delivery of Merger Consideration. (a) Immediately prior to the Effective Time, GTY shall deposit, or shall cause to be deposited with Continental Stock Transfer & Trust Company or such other bank or trust company that may be designated by GTY and be reasonably acceptable to the Company (the “Exchange Agent”), for the benefit of the eCivis CB Holders, for exchange in accordance with this Section 1.3 1.6 through the Exchange Agent, sufficient funds and shares of GTY Holdings Common Stock in an aggregate amount necessary for the payment of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (GTY Technology Holdings Inc.)

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