Common use of Return of Merger Consideration Clause in Contracts

Return of Merger Consideration. Upon demand by Parent, the Exchange Agent shall deliver to Parent any portion of the Merger Consideration deposited with the Exchange Agent pursuant to this Section that remains undistributed to holders of Company Common Shares one year after the Effective Time. Holders of Certificates who have not complied with this Section prior to such demand shall thereafter look only to Parent for payment of any claim to the Merger Consideration and dividends or distributions, if any, in respect thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fidelity National Information Solutions Inc), Agreement and Plan of Merger (Fidelity National Financial Inc /De/)

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Return of Merger Consideration. Upon demand by Parent, the Exchange Agent shall deliver to Parent any portion of the Merger Consideration deposited with made available to the Exchange Agent pursuant to this Section 1.9 that remains undistributed to holders of Company Common Shares one year six months after the Effective Time. Holders of Certificates who have not complied with this Section 1.9 prior to such demand shall thereafter look only to Parent for payment of any claim to the Merger Consideration and dividends or distributions, if any, in respect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CVC Inc)

Return of Merger Consideration. Upon demand by Parent, the Exchange Agent shall deliver to Parent any portion of the Merger Consideration deposited with made available to the Exchange Agent pursuant to this Section 3.03 that remains undistributed to holders of Company Common Shares one year after the Effective Time. Holders of Certificates who have not complied with this Section 3.03 prior to such demand shall thereafter look only to Parent for payment of any claim to the Merger Consideration and dividends or distributions, if any, in respect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Executive Risk Inc /De/)

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Return of Merger Consideration. Upon demand by Parent, the Exchange Agent shall deliver to Parent any portion of the Merger Consideration deposited with made available to the Exchange Agent pursuant to this Section 3.3 that remains undistributed to holders of Company Common Shares one year after the Effective Time. Holders of Certificates who have not complied with this Section 3.3 prior to such demand shall thereafter look only to Parent for payment of any claim to the Merger Consideration and dividends or distributions, if any, in respect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chubb Corp)

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