Cash Account. If the Shares are not currently held in an account which prohibits rehypothecation by the Seller’s prime broker, Seller will transfer the Shares into such an account as soon as practicable following the execution of this Agreement; provided, however, in no event shall such transfer occur more than two (2) business days from the execution of this Agreement.
Appears in 7 contracts
Samples: Stock Purchase Agreement (Overture Acquisition Corp.), Stock Purchase Agreement (Asia Special Situation Acquisition Corp), Option Purchase Agreement (Malibu Partner LLC)
Cash Account. If the Shares are not currently held in an account which prohibits rehypothecation by the Seller’s prime broker, a “cash account,” Seller will transfer the Shares into such an account a “cash account” as soon as practicable following the execution of this Agreement; provided, however, in no event shall such transfer occur more than two (2) business days from the execution of this Agreement.
Appears in 5 contracts
Samples: Option Purchase Agreement (Malibu Partner LLC), Option Purchase Agreement (Malibu Partner LLC), Option Purchase Agreement (Malibu Partner LLC)