Examples of Endorsed Certificate in a sentence
If the Company elects to purchase the Option Shares, it shall notify the Optionee at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that the Optionee has presented to the Company a stock certificate evidencing the Option Shares duly endorsed for transfer (the "Endorsed Certificate").
If Stepup elects to purchase the Shares, it shall notify Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by Stepup (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that Buyer has presented to Stepup a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").
If the Company elects to purchase the Shares, it shall notify the Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that the Buyer has presented to the Company a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").
If the Company elects to redeem the Option Shares, it shall notify the Optionee at or before the end of the Repurchase Period of such election and the redemption price shall be paid in cash at a time set by the Company (the "Redemption Date") within thirty (30) days after the end of the Repurchase Period provided that the Optionee has presented to the Company a stock certificate evidencing the Option Shares duly endorsed for transfer (the "Endorsed Certificate").
Notwithstanding the Participant's failure to deliver the Endorsed Certificate, the Shares represented thereby shall be deemed to be owned by the Parent upon the payment by the Parent of the repurchase price to the Participant or his Permitted Transferee, and upon such payment the Participant and such Permitted Transferee will have no further rights in such Shares.
If the Participant elects to have the Shares repurchased, the repurchase price shall be paid in cash on the later of (i) the thirtieth (30) day after the end of the Put Period or (ii) the day Participant presents to IWH or the Parent, as applicable, the Endorsed Certificate.
If the Company elects to purchase the Shares, it shall notify Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company within thirty (30) days after the end of the Repurchase Period, provided that Buyer has presented to the Company a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").
If Buyer fails to deliver the Endorsed Certificate, the Shares represented thereby shall be deemed to have been purchased upon (i) the payment by the Company of the purchase price to Buyer or his or her permitted transferee or (ii) notice to Buyer or such permitted transferee that the Company is holding the purchase price for the account of Buyer or such permitted transferee, and upon such payment or notice Buyer and such permitted transferee will have no further rights in or to such Shares.
If Buyer fails to deliver the Endorsed Certificate, the Shares represented thereby shall be deemed to have been purchased upon (i) the payment by Stepup of the purchase price to Buyer or his or her permitted transferee or (ii) notice to Buyer or such permitted transferee that Stepup is holding the purchase price for the account of Buyer or such permitted transferee, and upon such payment or notice Buyer and such permitted transferee will have no further rights in or to such Shares.
If the Parent elects to repurchase the Shares, it shall notify the Participant at or before the end of the Repurchase Period of such election and the repurchase price shall be paid in cash at a time set by the Parent within thirty (30) days after the end of the Repurchase Period provided that the Participant has presented to the Parent a stock certificate evidencing the shares properly endorsed for transfer (the "Endorsed Certificate").