Payment for Warrants. Upon surrender for repurchase of any -------------------- Warrants in conformity with the provisions of this Section 3.4, the Warrant Agent shall thereupon promptly notify the Company of such surrender. On or before the Final Surrender Time for any Repurchase Offer, the Company shall deposit with the Warrant Agent funds sufficient to make payment for the Warrants tendered to the Warrant Agent and not withdrawn. After receipt of such deposit from the Company, the Warrant Agent shall make payment, by delivering a check in such amount as is appropriate, to such Person or Persons as it may be directed in writing by the Holder surrendering such Warrants, net of any transfer taxes required to be paid in the event that the check is to be delivered to a Person other than the Holder.
Payment for Warrants. Upon surrender for repurchase of any Warrants in conformity with the provisions of this Section 3.4, the Warrant Agent shall thereupon promptly notify the Company of such surrender. On or before the Final Surrender Time for any Repurchase Offer, the Company shall deposit with the Warrant Agent funds sufficient to make payment for the Warrants tendered to the Warrant Agent and not withdrawn. After receipt of such deposit from the Company, the Warrant Agent shall make payment, by delivering a check in such amount as is appropriate, to such Person or 21 17 Persons as it may be directed in writing by the Holder surrendering such Warrants, net of any transfer taxes required to be paid in the event that the check is to be delivered to a Person other than the Holder.
Payment for Warrants. Upon surrender for repurchase of any Warrants in conformity with the provisions of this Section 3.4, the Warrant Agent shall thereupon promptly notify the Company and any purchasing affiliate of such surrender. On or before the Final Surrender Time for any Repurchase Offer, the Company (or such affiliate) shall deposit with the Warrant Agent funds sufficient to make payment for the Warrants tendered to the Warrant Agent and not withdrawn. After receipt of such deposit from the Company (or such affiliate), the Warrant Agent shall make payment, by delivering a check in such amount as is appropriate, to such Person or Persons as it may be directed in writing by the Holder surrendering such Warrants, net of any transfer taxes required to be paid in the event that the check is to be delivered to a Person other than the Holder.
Payment for Warrants. (i) To receive payment for any Warrants pursuant to this Section 6.1, each Holder thereof shall, except as otherwise provided herein, surrender to the Warrant Agent the Warrant Certificates evidencing such Holder's Warrants.
(ii) As promptly as practicable (and in any event within 10 days) following the Repurchase Date, the Company shall deposit with the Warrant Agent funds sufficient to make payment for all unexercised Warrants. After receipt of such deposit from the Company, the Warrant Agent shall make payment to each Holder, by delivering a check in an amount equal to the Repurchase Price for each Warrant surrendered by such Holder in accordance with this Section 6.1, to such Person or Persons as it may be directed in writing by any Holder surrendering Warrant Certificates, net of any transfer taxes required to be paid in the event that the check is to be delivered to a Person other than the Holder. Any funds not used to pay for Warrants within one year after the Repurchase Date shall be promptly returned to the Company and the Holders thereafter shall look solely to the Company for payment for their Warrants.
Payment for Warrants. (i) To receive payment for any --------------------- unexercised Warrants and any Warrant Shares pursuant to this Section 6.04, each Holder thereof shall, except as otherwise provided herein, surrender to the Warrant Agent the Warrant Certificates evidencing such Holder's Warrants and certificates evidencing such Holder's Warrant Shares.
(ii) As promptly as practicable following the Triggering Date, the Company shall deposit with the Warrant Agent funds sufficient to make payment for all unexercised Warrants and all Warrant Shares. After receipt of such deposit from the Company, the Warrant Agent shall make payment to each Holder, by delivering a check in an amount equal to the Repurchase Price for each Warrant and each Warrant Share surrendered by such Holder in accordance with this Section 6.04, to such Person or Persons as it may be directed in writing by any Holder surrendering Warrant Certificates or Warrant Shares, net of any transfer taxes required to be paid in the event that the check is to be delivered to a Person other than the Holder. Any funds not used to pay for Warrants or Warrant Shares within 180 days after the Triggering Date shall be promptly returned to the Company.
Payment for Warrants. (a) Prior to the Effective Time, Centex will engage a paying agent (the "PAYING AGENT") for the payment of the Merger Consideration upon consummation of the Partnership Merger. Promptly following the Effective Time, Centex shall cause the Surviving Partnership to provide to the Paying Agent cash in an amount sufficient to pay the Merger Consideration pursuant to Section 1.8. All of the fees and expenses of the Paying Agent shall be borne by the Surviving Partnership.
(b) As soon as practicable after the Effective Time, the Paying Agent shall cause to be delivered to each beneficial holder of the Stockholder Warrants (as determined by such holder's status as a record holder of Centex Common Stock) immediately prior to the Effective Time a check in the amount to which such holder is entitled, after giving effect to any required tax withholdings.
(c) No payment of Merger Consideration can be paid to an owner of the Stockholder Warrants which is not registered in the transfer records of the Partnership, unless such holder notifies Centex in writing prior to the Effective Time and such notice is accompanied by all documents required by the Partnership and the transfer agent, as the case may be, to evidence and effect a transfer of ownership in the transfer records of the Partnership prior to the Effective Time.
(d) From and after the Effective Time there shall be no transfers on the transfer books of the Surviving Partnership of the Stockholder Warrants that were outstanding immediately prior to the Effective Time.
(e) The Merger Consideration paid in accordance with the terms of this Article III shall be deemed to have been paid and issued in full satisfaction of all rights pertaining to the Stockholder Warrants.
Payment for Warrants. Upon surrender for repurchase of any Warrants in conformity with the provisions of this Section 3.4, the Warrant Agent shall thereupon promptly notify the Company of such surrender. On or before the Final Surrender Time for any Repurchase Offer, the Company shall deposit with the Warrant Agent funds sufficient to make payment for the Warrants tendered to the Warrant Agent and not withdrawn. After receipt of such deposit from the Company, the Warrant Agent shall make payment, by delivering a check, by providing for same-day funds settlement or any other customary payment means, in such amount as is appropriate, to such Person or Persons as it may be directed in writing by the Holder surrendering such Warrants, net of any transfer taxes required to be paid in the event that the payment is to be made to a Person other than the Holder.
Payment for Warrants. The aggregate purchase price for Warrants being purchased hereunder may be paid by (i) cash or wire transfer of immediately available funds to a bank account specified by the Company, or (ii) certified or bank cashier’s check.
Payment for Warrants. Upon surrender for repurchase of any Warrants in conformity with the provisions of this Section 3.4, the Warrant Agent shall thereupon promptly notify Newco of such surrender. Before 10:00 A.M., New York City time, on the expiration date for any Repurchase Offer, Newco shall deposit with the Warrant Agent funds sufficient to make payment for the Warrants tendered to the Warrant Agent and not withdrawn. After receipt of such deposit from Newco, the Warrant Agent shall make payment, by delivering a check in such amount as is appropriate, to such Person or Persons as it may be directed in writing by the Holder surrendering such Warrants, net of any transfer taxes required to be paid in the event payment is made to a Person other than the Holder.
Payment for Warrants. Payment of the amount set forth in Section B.2 of Schedule I hereto for the Warrants subscribed for by the Employee Investor and accepted by FAC (the “Warrant Subscription Price”) will be due upon five (5) business days’ notice from FAC (which notice may be sent via email to such Employee Investor’s KBW email address). Payments for the Warrant subscriptions will be deposited by FAC into a non-interest bearing escrow account with an “insured depositary institution,” as that term is defined in Section 3(c)(2) of the Federal Deposit Insurance Act, pending application of such payments to acquire the Warrants immediately prior to the closing of the IPO. In the event that the IPO does not close, the escrowed funds will be returned promptly to the Employee Investor.
