Payment Agent definition

Payment Agent shall have the meaning set forth in Section 2.8(a).

Payment Agent means Odyssey Trust Company, or any other payment agent or trust company, bank or financial institution as the Company may appoint to act as payment agent with the approval of the Purchaser, acting reasonably, for the purpose of, among other things, paying the Option Premium to the Company Shareholders in connection with the Arrangement.

Payment Agent shall have the meaning set forth in Section 1.10(a).

Examples of Payment Agent in a sentence

• For the avoidance of doubt, Parent or the Surviving Corporation will be responsible for all fees and expenses of the Payment Agent.

• The Payment Agent shall accept such Certificates and transferred Uncertificated Shares upon compliance with such reasonable terms and conditions as the Payment Agent may impose to effect an orderly exchange thereof in accordance with normal exchange practices.

• A Customer who has elected to use a Payment Agent shall be treated in the same manner as other Customers in the Company’s application of the applicable statutes, rules and regulations of the Commission and the terms and conditions of this Tariff, notwithstanding any failure of the Payment Agent to remit payment to the Company or any failure of the Payment Agent to forward to the Customer any Company notices, bill inserts or other written correspondence.

• The Payment Agent will accept such Certificates and transferred Uncertificated Shares upon compliance with such reasonable terms and conditions as the Payment Agent may impose to cause an orderly exchange thereof in accordance with normal exchange practices.

• Prior to the Closing, Parent will (i) select a bank or trust company reasonably acceptable to the Company to act as the payment agent for the Merger (the “Payment Agent”); and (ii) enter into a payment agent agreement, in form and substance reasonably acceptable to the Company, with such Payment Agent.

More Definitions of Payment Agent

Payment Agent has the meaning set forth in Section 1.8(a) of this Agreement.

Payment Agent has the meaning set forth in Section 2.2(b).

Payment Agent has the meaning specified therefor in Section 5.01(m).

Payment Agent means any third party appointed by the Company to carry out on its behalf and make payments to the Affiliates.

Payment Agent has the meaning set forth in Section 1.14(a).

Payment Agent is defined in Section 2.8(a).

Payment Agent means a third party authorised to collect payment from you on our behalf;