Common use of Payments to Parent Clause in Contracts

Payments to Parent. Any amounts payable to Parent, the Surviving Entity or other Parent Indemnitee pursuant to this Article VI shall be satisfied: (i) from the Indemnification Escrow Fund; and (ii) to the extent such amounts exceed the amount available in the Indemnification Escrow Fund, from the Stockholders severally and not jointly (in accordance with their Pro Rata Shares).

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.), Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.)

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Payments to Parent. Any amounts payable to Parent, the Surviving Entity or other Parent Indemnitee pursuant to this Article VI shall be satisfied: (i) from the Indemnification Escrow Fund; and (ii) to the extent such amounts exceed the amount available to Parent in the Indemnification Escrow Fund, from the Stockholders and Optionholders, severally and not jointly (in accordance with their Pro Rata Shares).

Appears in 1 contract

Samples: Merger Agreement (Fusion Telecommunications International Inc)

Payments to Parent. Any amounts payable to Parent, the Surviving Entity or other Parent Indemnitee pursuant to this Article VI shall be satisfied: (i) from the Indemnification Escrow Fund; and (ii) to the extent such amounts exceed the amount available to Parent in the Indemnification Escrow Fund, from the Stockholders Indemnifying Holders, severally and not jointly (in accordance with their Pro Rata SharesShares and not jointly).

Appears in 1 contract

Samples: Merger Agreement (Meridian Bioscience Inc)

Payments to Parent. Any amounts payable to Parent, the Surviving Entity or other Parent Indemnitee pursuant to this Article VI VII shall be satisfied: (i) from the Indemnification Escrow Fund; and (ii) to the extent such amounts exceed the amount available to Parent in the Indemnification Escrow Fund, from the Stockholders Members, severally and not jointly (in accordance with their Pro Rata SharesPercentages).

Appears in 1 contract

Samples: Merger Agreement (Medicine Man Technologies, Inc.)

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Payments to Parent. Any amounts payable to Parent, the Surviving Entity or other Parent Indemnitee pursuant to this Article VI VII shall be satisfied: (i) from the Indemnification Escrow Fund; and (ii) to the extent such amounts exceed the amount available to Parent in the Indemnification Escrow Fund, from the Stockholders Stockholders, severally and not jointly (in accordance with their Pro Rata Shares).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lime Energy Co.)

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