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 Shares shall become entitled pursuant to Section 3.06(a) and CRI shall make funds available to the Paying Agent. Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Devx Energy Inc), Agreement and Plan of Merger (Comstock Resources Inc), Agreement and Plan of Merger (Comstock Resources Inc)
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 in connection with the Merger to receive the funds to which holders of Shares shall become entitled pursuant to Section 3.06(a) and CRI shall make funds available to the Paying Agent2.06(a). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Novartis Inc), Agreement and Plan of Merger (Novartis Inc)
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 Shares shall become entitled pursuant to Section 3.06(a) and CRI shall make funds available to the Paying Agent). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
Appears in 1 contract
Samples: Agreement and Plan (Thomson Corp)
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 Shares shall become entitled pursuant to Section 3.06(a) and CRI shall make funds available to the Paying Agent2.06(a). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cti Molecular Imaging Inc)
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 Shares shall become entitled pursuant to Section 3.06(a) and CRI shall make funds available to the Paying Agent2.07(a). Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation. Any interest and other income resulting from such investments shall be paid to Purchaser.
Appears in 1 contract
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 in connection with the Merger to receive the funds to which holders of Shares shall become entitled pursuant to Section 3.06(a) and CRI 2.06(a). Parent shall make cause such funds available to be deposited with the Paying Agent. Such Agent by the Surviving Corporation as and when necessary, and such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
Appears in 1 contract
Samples: 1 Agreement and Plan of Merger (J&l Specialty Steel Inc)
Surrender of Shares; Stock Transfer Books. (axii) 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 Shares shall become entitled pursuant to Section 3.06(a) ), and CRI shall make funds available at or prior to the Effective Time, Parent shall deposit with the Paying AgentAgent sufficient cash for this purpose. Such funds shall be invested by the Paying Agent as directed by the Surviving Corporation.
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