Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Shares for one year after the Effective Time shall be delivered to Parent (or its designee), and any holder of Common Shares who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 4 contracts
Samples: Merger Agreement (Arch Capital Group Ltd.), Merger Agreement (Watford Holdings Ltd.), Merger Agreement (Marubeni Corp /Fi)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that which remains undistributed to the holders of Common the Certificates or Book-Entry Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, upon demand, and any holder of Common Shares such holders prior to the Merger who has have not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) the Surviving Corporation as general creditor thereof for payment of its claim their claims for Merger Consideration cash, without any interest thereoninterest, to which such holders may be entitled.
Appears in 3 contracts
Samples: Merger Agreement, Agreement and Plan of Merger (Norcraft Companies, Inc.), Merger Agreement (Fortune Brands Home & Security, Inc.)
Termination of Payment Fund. Any portion of the Payment Fund (including any and all interest and other proceeds received with respect thereto) that remains undistributed to the holders of Common Company Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Common Company Shares who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 2 contracts
Samples: Merger Agreement (Home Loan Servicing Solutions, Ltd.), Merger Agreement (New Residential Investment Corp.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent for payment of its claim for Merger Consideration (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereonlaw).
Appears in 2 contracts
Samples: Merger Agreement (Atmi Inc), Merger Agreement (Entegris Inc)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that which remains undistributed to the holders of Common the Certificates or Book-Entry Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, upon demand, and any holder of Common Shares such holders prior to the Merger who has have not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) as general creditor thereof for payment of its claim their claims for Merger Consideration Consideration, without any interest thereoninterest, to which such holders may be entitled.
Appears in 2 contracts
Samples: Merger Agreement (IPC Healthcare, Inc.), Merger Agreement (Team Health Holdings Inc.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that which remains undistributed to the holders of Company Common Shares Stock for one year nine months after the Effective Time shall be delivered to Parent (or its designee)upon demand, and any holder holders of Company Common Shares Stock who has have not theretofore complied with this Article II 2 shall thereafter look only to Parent (subject to abandoned propertyfor the Merger Consideration, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 2 contracts
Samples: Merger Agreement (Harrahs Entertainment Inc), Merger Agreement (JCC Holding Co)
Termination of Payment Fund. Any portion of the Payment Fund (including any and all interest and other proceeds received with respect thereto) that remains undistributed to the holders of Common Company Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Common Company Shares who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) the Surviving Company for payment of its claim for Merger Consideration without any interest thereon.
Appears in 2 contracts
Samples: Merger Agreement (New Residential Investment Corp.), Merger Agreement (Home Loan Servicing Solutions, Ltd.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Shares for one year Stock nine months after the Effective Time shall be delivered to Parent (or its designee)) upon demand, and any holder of Common Shares Stock who has not theretofore theretofor complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereonthereon (subject to abandoned property, escheat or similar Law).
Appears in 2 contracts
Samples: Merger Agreement (SS&C Technologies Holdings Inc), Merger Agreement (DST Systems Inc)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one year twelve months after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration Consideration, without any interest thereon.
Appears in 1 contract
Samples: Merger Agreement (Headwaters Inc)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Shares Stock for one year after the Effective Time shall be delivered to Parent (or its designee), and any holder of Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 1 contract
Samples: Merger Agreement (KAMAN Corp)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 1 contract
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one year after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 1 contract
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one year after immediately following the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 1 contract
Samples: Merger Agreement (Exactech Inc)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Shares Stock for one year after the Effective Time shall be delivered to Parent (or its designee), and any holder of Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for the Merger Consideration Consideration, without any interest thereon.
Appears in 1 contract
Samples: Merger Agreement (Intrawest Resorts Holdings, Inc.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Certificates or Uncertificated Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, upon demand, and any holder of Common Shares such holders who has have not theretofore complied with this Article II 2 shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its their claim for Merger Consideration without any interest thereonConsideration.
Appears in 1 contract
Samples: Merger Agreement (Jamba, Inc.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Company Common Shares Stock for one year twelve (12) months after the Effective Time shall be delivered to Parent (or its designee)Parent, and any holder of Company Common Shares Stock who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.
Appears in 1 contract
Termination of Payment Fund. Any portion of the Payment Fund (including any interest received with respect thereto) that which remains undistributed to the holders of Common the Certificates or Book-Entry Shares for one (1) year after the Effective Time shall be delivered to Parent (or its designee)Parent, upon demand, and any holder of Common Shares such holders prior to the Merger who has have not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) as general creditor thereof for payment of its claim their claims for Merger Consideration cash, without any interest thereoninterest, to which such holders may be entitled.
Appears in 1 contract
Samples: Merger Agreement (MModal Inc.)
Termination of Payment Fund. Any portion of the Payment Fund (including any interest or other income received with respect thereto) that remains undistributed to the holders of Common Shares for after the one year after anniversary of the Effective Time shall Closing Date will be delivered to Parent (or its designee), and any holder of Common Shares who has not theretofore complied with this Article II shall will thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration Consideration, without any interest thereonthereon and subject to Tax or other applicable Law.
Appears in 1 contract