Common use of Return of Purchase Contract Settlement Fund Clause in Contracts

Return of Purchase Contract Settlement Fund. In the event a Holder fails to effect surrender or delivery of its Units or Purchase Contracts on or following the applicable Settlement Date in accordance with the provisions hereof, the shares of Common Stock underlying such Purchase Contracts, any cash paid in lieu of fractional shares pursuant to

Appears in 2 contracts

Samples: Purchase Contract Agreement (Change Healthcare Inc.), Purchase Contract Agreement (Change Healthcare Inc.)

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Return of Purchase Contract Settlement Fund. In the event a Holder fails to effect surrender or delivery of its Units or Purchase Contracts on or following the applicable Settlement Date in accordance with the provisions hereof, the shares of Class A Common Stock underlying such Purchase Contracts, and any cash paid dividends or distributions with respect to such shares constituting part of the Purchase Contract Settlement Fund, shall be held in lieu the name of fractional shares pursuant tothe Purchase Contract Agent or its nominee in trust for the benefit of such Holder, until the earlier to occur of:

Appears in 2 contracts

Samples: Purchase Contract Agreement (Tyson Foods Inc), Purchase Contract Agreement (Hovnanian Enterprises Inc)

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