Common use of Payments of Consideration Clause in Contracts

Payments of Consideration. (a) At or before the Effective Time, the Purchaser will deposit or cause to be deposited with the Depositary, in escrow for the benefit of the CRH Shareholders, cash in an aggregate amount equal to the payment obligations contemplated by Section 3.1 (calculated without reference to whether any CRH Shareholders have exercised or may exercise Dissent Rights). The cash so deposited will be held in an interest bearing account and any interest earned on such funds will be for the account of the Purchaser or its successor.

Appears in 5 contracts

Samples: Second Amending Agreement (CRH Medical Corp), Amending Agreement (CRH Medical Corp), Arrangement Agreement (CRH Medical Corp)

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