Common use of Surrender of Shares; Stock Transfer Books Clause in Contracts

Surrender of Shares; Stock Transfer Books. (a) Prior to the Effective Time, Purchaser shall designate a bank or trust company to act as agent (the “Paying Agent”) for the holders of Shares to receive the funds to which holders of such Shares shall become entitled pursuant to Sections 3.06 and 3.

Surrender of Shares; Stock Transfer Books. (a) Prior to the Effective Time, Purchaser Merger Subsidiary shall designate a bank or trust company to act as agent (the “"Paying Agent”") for the holders of Shares in connection with the Merger to receive the funds to which holders of such Shares shall become entitled pursuant to Sections 3.06 Section 1.06(a). Parent shall cause such funds to be deposited with the Paying Agent by the Surviving Corporation as and 3when necessary, and such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.

Surrender of Shares; Stock Transfer Books. (a) Prior to the Effective Time, Purchaser shall will designate a bank or trust company selected by it and reasonably acceptable to the Company to act as agent for the Stockholders in connection with the Merger (the “"Paying Agent”") for the holders of Shares to receive the funds necessary to which holders of such Shares shall become entitled pursuant to Sections 3.06 and 3make the payments contemplated by Section 2.

Surrender of Shares; Stock Transfer Books. (a) Prior to the Effective Time, Purchaser shall designate a bank or trust company reasonably acceptable to the Company to act as agent (the “"Paying Agent”") for the holders of Shares to receive the funds to which holders of such Shares shall become entitled pursuant to Sections 3.06 Section 3.06(a), and 3at or prior to the Effective Time, Parent shall deposit with the Paying Agent sufficient cash for this purpose. Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.