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

Surrender of Shares; Stock Transfer Books. (a) Before ----------------------------------------- the Effective Time, the Company shall designate a bank or trust company to act as agent for the holders of Shares (the "Exchange Agent") to receive the funds -------------- necessary to make the payments contemplated by Section 2.6.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mhi Group Inc), Agreement and Plan of Merger (Mhi Group Inc)

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Surrender of Shares; Stock Transfer Books. (a) Before Prior to the ----------------------------------------- the Effective Time, the Company Parent shall designate a bank or trust company to act as agent (the "Paying Agent") for the holders of Shares (in connection with the "Exchange Agent") Merger to receive the funds -------------- necessary to make which holders of Shares shall become entitled pursuant to Section 2.06(a). Such funds shall be deposited with the payments contemplated Paying Agent by Section 2.6the Surviving Corporation promptly following the Effective Time and shall be invested by the Paying Agent as directed by the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rexel Sa), Agreement and Plan of Merger (Pinault Printemps Redoute Sa Et Al)

Surrender of Shares; Stock Transfer Books. (a) Before ----------------------------------------- Prior to the Effective Time, Purchaser shall deposit the Company shall designate a bank or trust company to act full amount of the Merger Consideration with Bank of New York, as agent (the "Paying Agent"), ------------ for the holders of Shares (in connection with the "Exchange Agent") Merger to receive the funds -------------- necessary to make which holders of Shares shall become entitled pursuant to Section 2.06(a). Such funds shall be invested by the payments contemplated Paying Agent as directed by Section 2.6the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ren Corp Usa), Agreement and Plan of Merger (Cobe Laboratories Inc)

Surrender of Shares; Stock Transfer Books. (a) Before Prior to ----------------------------------------- the Effective Time, the Company Purchaser shall designate a bank or trust company to act as agent (the "Paying Agent") for the holders of Shares (the "Exchange Agent") to receive the funds -------------- necessary to make ------------ which holders of Shares shall become entitled pursuant to Section 3.06(a). Such funds shall be invested by the payments contemplated Paying Agent as directed by Section 2.6the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Siemens Aktiengesellschaft/Adr), Agreement and Plan of Merger (Siemens Aktiengesellschaft/Adr)

Surrender of Shares; Stock Transfer Books. (a) Before Prior ----------------------------------------- to the Effective Time, the Company Parent shall designate a bank or trust company to act as agent (the "Paying Agent") for the holders of Shares (in connection with the "Exchange Agent") ------------ Merger to receive the funds -------------- necessary to make which holders of Shares shall become entitled pursuant to Section 2.06(a). Such funds shall be deposited with the payments contemplated Paying Agent by Section 2.6the Surviving Corporation promptly following the Effective Time and shall be invested by the Paying Agent as directed by the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rhone Poulenc S A)

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Surrender of Shares; Stock Transfer Books. (a) Before ----------------------------------------- Prior to the Effective Time, the Company Purchaser shall designate a bank or trust company to act as agent (the "Paying Agent") for the holders of Shares (the "Exchange Agent") to receive the funds -------------- to which holders of Shares shall become entitled pursuant to Section 3.06(a). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation. Parent shall cause the Surviving Corporation to provide the Paying Agent immediately following the Effective Time all the cash necessary to make pay for the payments contemplated by Shares converted into the right to receive cash pursuant to Section 2.63.06(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chirex Inc)

Surrender of Shares; Stock Transfer Books. (a) Before Prior ----------------------------------------- to the Effective Time, the Company Purchaser shall designate a bank or trust company to act as agent (the "Paying Agent") for the holders of Shares (the "Exchange Agent") to receive the funds -------------- to ------------ which holders of Shares shall become entitled pursuant to Section 3.06(a). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation. Parent shall cause the Surviving Corporation to provide the Paying Agent immediately following the Effective Time all the cash necessary to make pay for the payments contemplated by Shares converted into the right to receive cash pursuant to Section 2.63.06(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cousin Acquisition Inc)

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