Termination of Payment Fund. Any portion of the funds made available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares who have not theretofore complied with this Article II and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled.
Appears in 7 contracts
Samples: Merger Agreement (Total Control Products Inc), Merger Agreement (Exogen Inc), Merger Agreement (Lowrance Electronics Inc)
Termination of Payment Fund. Any portion of the funds made available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares or Class B Shares for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares or Class B Shares who have not theretofore complied with this Article II III and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled.
Appears in 3 contracts
Samples: Merger Agreement (Graphic Industries Inc), Agreement and Plan of Merger (Wallace Computer Services Inc), Merger Agreement (Wallace Computer Services Inc)
Termination of Payment Fund. Any portion of the funds made available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares Certificates for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares Certificates who have not theretofore complied with this Article II and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled.
Appears in 3 contracts
Samples: Merger Agreement (Verio Inc), Merger Agreement (Kenetech Corp), Merger Agreement (Nippon Telegraph & Telephone Corp)
Termination of Payment Fund. Any portion of the funds made --------------------------- available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares who have not theretofore complied with this Article II I and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled.
Appears in 2 contracts
Samples: Merger Agreement (Panchos Mexican Buffet Inc /De), Merger Agreement (Data Critical Corp)
Termination of Payment Fund. Any portion of the funds made available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares who have not theretofore complied with this Article II I and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled, without interest or dividends.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Paymentech Inc), Merger Agreement (First Data Corp)
Termination of Payment Fund. Any portion of the funds made --------------------------- available to the Paying Agent to pay the Merger Consideration which remains undistributed to the holders of Shares for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of Shares who have not theretofore complied with this Article II and the instructions set forth in the letter of transmittal mailed to such holders after the Effective Time shall thereafter look only to Parent for payment of the Merger Consideration to which they are entitled.
Appears in 1 contract
