Payment for Company Common Stock. (a) Prior to the Effective Time, (i) Parent shall appoint American Stock Transfer & Trust Co., LLC to act as paying agent with respect to the Merger (the “Paying Agent”), and (ii) Parent shall deposit, or shall cause to be deposited, with the Paying Agent cash amounts sufficient to enable the Paying Agent to make payments pursuant to Section 3.5 to holders of Company Common Stock outstanding immediately prior to the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Juniper Pharmaceuticals Inc), Agreement and Plan of Merger (Hershey Co), Agreement and Plan of Merger (Amplify Snack Brands, INC)
Payment for Company Common Stock. (a) Prior to the Effective Time, (i) Parent shall appoint engage American Stock Transfer & Trust Co.Company, LLC or such other bank or trust company reasonably acceptable to the Company, to act as paying agent with respect to the Merger (the “Paying Agent”), and (ii) Parent shall deposit, or shall cause to be deposited, with the Paying Agent cash amounts sufficient to enable the Paying Agent to make payments of the aggregate Merger Consideration payable pursuant to Section 3.5 to holders of Company Common Stock outstanding immediately prior to the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Amag Pharmaceuticals, Inc.)
