Common use of Payment of Cash Merger Consideration Clause in Contracts

Payment of Cash Merger Consideration. (a) As of the Effective Time, Acquisition shall deposit with such agent or agents as may be appointed by Parent and Acquisition (the "Payment Agent") for the benefit of the holders of Shares in cash the aggregate amount necessary to pay the Cash Merger Consideration (such cash is hereinafter referred to as the "Merger Fund") payable pursuant to Section 2.8 in exchange for outstanding Shares.

Appears in 4 contracts

Samples: Merger Agreement (Ion Beam Applications S A), Merger Agreement (Ion Beam Applications S A), Merger Agreement (Sterigenics International Inc)

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Payment of Cash Merger Consideration. (a) As of the Effective Time, Acquisition shall deposit with such agent or agents as may be appointed by Parent and Acquisition (the "Payment Agent") for the benefit of the holders of Shares in cash the aggregate amount necessary to pay the Cash Merger Consideration (such cash is hereinafter referred to as the "Merger Fund") payable pursuant to Section 2.8 2.11 in exchange for outstanding Shares.

Appears in 3 contracts

Samples: Merger Agreement (Mi Subsidiary I Inc), Merger Agreement (Marriott International Inc /Md/), Merger Agreement (Execustay Corp)

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