Common use of Acceptance Time Clause in Contracts

Acceptance Time. The Company shall register the transfer of shares of Company Common Stock accepted for payment effective immediately after the time at which Merger Sub accepts for payment shares of Company Common Stock tendered and not properly withdrawn pursuant to the Offer (the “Acceptance Time”); provided, that Merger Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 2 contracts

Sources: Merger Agreement (Telecommunication Systems Inc /Fa/), Merger Agreement (Comtech Telecommunications Corp /De/)

Acceptance Time. The Company shall register the transfer of shares of Company Common Stock accepted for payment effective immediately after the time at which Merger Acquisition Sub accepts for payment shares of Company Common Stock tendered and not properly withdrawn pursuant to the Offer (the “Acceptance Time”); provided, provided that Merger Acquisition Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 2 contracts

Sources: Merger Agreement (Dealertrack Technologies, Inc), Merger Agreement (AOL Inc.)

Acceptance Time. The Company shall register the transfer of shares of Company Common Stock accepted for payment effective immediately after the time at which Merger Acquisition Sub accepts for payment shares of Company Common Stock tendered and not properly withdrawn pursuant to the Offer (the "Acceptance Time"); provided, provided that Merger Acquisition Sub pays for such shares of Common Stock at or immediately after such transfer.

Appears in 1 contract

Sources: Merger Agreement (Millennial Media Inc.)

Acceptance Time. The Company shall register the transfer of shares of Company Common Stock accepted for payment effective immediately after the time at which Merger Acquisition Sub accepts for payment shares of Company Common Stock tendered and not properly withdrawn pursuant to the Offer (the "Acceptance Time"); provided, provided that Merger Acquisition Sub pays for such shares of Common Stock at or immediately promptly after such transfer.

Appears in 1 contract

Sources: Merger Agreement (Nortek Inc)