Common use of Payment and Proration Clause in Contracts

Payment and Proration. As promptly as practicable but not later than five business days after the Effective Time, Parent shall cause the Exchange Agent to effect the allocation among the holders of Company Common Stock of rights to receive Parent Common Stock or cash in the Step One Merger in accordance with the Election Forms as follows:

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Intersil Corp/De), Agreement and Plan of Merger (Intersil Corp/De), Agreement and Plan of Merger (Xicor Inc)

AutoNDA by SimpleDocs

Payment and Proration. As promptly as practicable but not later than five business days Business Days after the Effective TimeTime of the Merger, Parent shall cause the Exchange Agent to effect the allocation among the holders of Company Common Stock of rights to receive Parent Common Stock or cash in the Step One Merger in accordance with the Election Forms as follows:

Appears in 1 contract

Samples: Shareholder Agreement (Americanwest Bancorporation)

AutoNDA by SimpleDocs

Payment and Proration. As promptly as practicable but not later than five business days Business Days after the Effective TimeTime of the Merger, Parent shall cause the Exchange Agent to effect the allocation among the holders of Company Common Stock of rights to receive Parent Common Stock or cash in the Step One Merger in accordance with the Election Forms as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!