Examples of Payment Agent Agreement in a sentence
The Payment Agent shall hold the Payment Fund Amount in a separate account (the “Payment Fund”) in accordance with the Payment Agent Agreement.
The Council's portfolio shall be designed to attain a market rate of return throughout financial and economic cycles, taking into account the Council's investment objectives, risk constraints and permitted investments as referenced herein.
If a Stockholder delivers a Letter of Transmittal at least two (2) Business Days prior to the Closing Date, Parent shall cause the Payment Agent to pay such Stockholder at the Closing the Common Per Share Merger Consideration in respect of each share surrendered by such Letter of Transmittal in accordance with the Payment Agent Agreement.
If any amount is required to be paid with respect to a share of Outstanding Capital Stock formerly held by such holder prior to the Payment Compliance Date for such holder, Parent shall, or shall cause the Payment Agent to, retain such amount until the Payment Compliance Date for such holder, and Parent shall, or shall instruct the Payment Agent in accordance with the Payment Agent Agreement to, distribute such amount to such holder promptly following such Payment Compliance Date.
JPMorgan Chase Bank, National Association shall act as payment agent for the Buyer (the “Payment Agent”) in the Merger in accordance with the Payment Agent Agreement.