Undistributed Payment Funds Sample Clauses

Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Effective Time Holders as of the date that is 180 days after the Closing Date shall be delivered to Parent upon demand, and Effective Time Holders who have not theretofore surrendered their Company Stock Certificates in accordance with this Section 1.8 shall thereafter look only to Parent for satisfaction of their claims for the Merger Consideration payable with respect to the shares of Capital Stock previously represented by such Company Stock Certificates, and/or shares of Capital Stock subject to Vested Outstanding Options, in each case without any interest thereon.
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Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Non-Dissenting Stockholders as of the date that is one year after the date of this Agreement shall be delivered to Parent upon demand, and Non-Dissenting Stockholders who have not theretofore surrendered their Company Stock Certificates in accordance with this Section 1.7 shall thereafter look only to Parent for satisfaction of their claims for the Merger Consideration payable with respect to the shares of Company Capital Stock previously represented by such Company Stock Certificates, without any interest thereon.
Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Unitholders as of the date that is 180 days after the Effective Time shall be delivered to Parent upon demand, and Unitholders (other than the Blockers) who have not theretofore delivered a duly executed and completed Letter of Transmittal in accordance with, and otherwise complied with, Section 1.8(b) shall thereafter look only to Parent for satisfaction of their claims for the Merger Consideration payable with respect to the Equity Interests held by such Unitholders, without any interest thereon.
Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Effective Time Holders as of the date that is one hundred eighty (180) days after the date of this Agreement shall be delivered to Parent upon demand, and Effective Time Holders who have not theretofore received their Merger Consideration in accordance with Section 1.5 and 1.6 shall thereafter look only to Parent for satisfaction of their claims for the Merger Consideration.
Undistributed Payment Funds. In addition, in the event that any portion of the Payment Fund shall not have been distributed by the Paying Agent within 180 days following the Effective Time, then the Paying Agent may, but only upon Parent’s written request, surrender such undistributed consideration to Parent. If the Payment Fund is returned to Parent, any Company Securityholders who has not theretofore delivered or surrendered such holder’s Company Stock Certificate(s) or Company Warrant(s) to the Paying Agent, subject to applicable Law, shall look as a general creditor only to Parent for payment of such holder’s entitlement to the consideration payable with respect to the shares of Company Capital Stock previously represented by such Company Stock Certificates or Company Warrants and shall be obligated to follow procedures equivalent to those set forth in Section 1.8(c) of this Agreement.
Undistributed Payment Funds. 22 2.13 Escheat ...................................................................................................................22 2.14
Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Equity Holders as of the date that is 270 days after the date of this Agreement shall be delivered to Purchaser upon demand, and Equity Holders who have not theretofore surrendered the certificates representing the Shares shall thereafter look only to Purchaser for satisfaction of their claims for the Final Merger Consideration payable with respect to the Shares previously represented by such certificates without any interest thereon.
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Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Non-Dissenting Stockholders or holders of Company Warrants as of the date that is 365 days after the Closing Date shall be delivered to Parent upon demand, and Non-Dissenting Stockholders or holders of Company Warrants who have not theretofore surrendered their Company Stock Certificates, Company Warrants or Lost Certificate Affidavits, as applicable, in accordance with this Section 1.9 shall thereafter look only to Parent for satisfaction of their claims for the Merger Consideration payable with respect to the shares of Capital Stock previously represented by such Company Stock Certificates or Company Warrants, as applicable, without any interest thereon.
Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed to Securityholders as of the date that is 180 days after the Payment Fund is deposited with the Payment Agent shall be delivered to Parent upon demand and Securityholders who have not theretofore received the consideration payable pursuant to Section 2.6 or Section 2.7 to such Securityholder, as the case may be, in respect to such share of Company Capital Stock or Outstanding Warrant shall thereafter look only to Parent for satisfaction of their claims for such consideration, without any interest thereon.
Undistributed Payment Funds. Any portion of the Payment Fund that remains undistributed as of the date that is 180 days after the Closing Date shall be delivered to Parent upon demand, and Persons who have not theretofore completed Letters of Transmittal and, if applicable, surrendered their Target Stock Certificates in accordance with this Section 1.7 shall thereafter look only to Parent for satisfaction of their claims for the portion of the Payment Fund payable with respect to the shares of Target Stock previously represented by such Target Stock Certificates or the shares of Target Stock subject to such Target Stock Options, without any interest thereon.
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