Common use of Balance of Shares Delivered Upon Payment of Promissory Note Clause in Contracts

Balance of Shares Delivered Upon Payment of Promissory Note. Upon the payment of the balance of the Purchase Price under the terms of the subject Promissory Note in the principal sum of $1,149,947.00, on or before the due date as provided for in the said Promissory Note, the Escrow Agent shall deliver the remaining balance of shares of Stock being sold hereunder, together with the necessary stock transfer stamps duly affixed thereon, and all other documents delivered to the Escrow Agent to effectively transfer such shares, to the Buyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Miller L Dent), Stock Purchase Agreement (Richardson James C Jr)

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Balance of Shares Delivered Upon Payment of Promissory Note. Upon the payment of the balance of the Purchase Price under the terms of the subject Promissory Note in the principal sum of $1,149,947.003,407,519.75, on or before the due date as provided for in the said Promissory Note, the Escrow Agent shall deliver the remaining balance of shares of Stock being sold hereunder, together with the necessary stock transfer stamps duly affixed thereon, and all other documents delivered to the Escrow Agent to effectively transfer such shares, to the Buyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Connor Charles Franklin Jr), Stock Purchase Agreement (Richardson James C Jr)

Balance of Shares Delivered Upon Payment of Promissory Note. Upon the payment of the balance of the Purchase Price under the terms of the subject Promissory Note in the principal sum of $1,149,947.0042,924.00, on or before the due date as provided for in the said Promissory Note, the Escrow Agent shall deliver the remaining balance of shares of Stock being sold hereunder, together with the necessary stock transfer stamps duly affixed thereon, and all other documents delivered to the Escrow Agent to effectively transfer such shares, to the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Richardson James C Jr)

Balance of Shares Delivered Upon Payment of Promissory Note. Upon the payment of the balance of the Purchase Price under the terms of the subject Promissory Note in the principal sum of $1,149,947.00173,364.00, on or before the due date as provided for in the said Promissory Note, the Escrow Agent shall deliver the remaining balance of shares of Stock being sold hereunder, together with the necessary stock transfer stamps duly affixed thereon, and all other documents delivered to the Escrow Agent to effectively transfer such shares, to the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Richardson James C Jr)

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Balance of Shares Delivered Upon Payment of Promissory Note. Upon the payment of the balance of the Purchase Price under the terms of the subject Promissory Note in the principal sum of $1,149,947.00126,132.00, on or before the the. due date as provided for in the said Promissory Note, the Escrow Agent shall deliver the remaining balance of shares of Stock being sold hereunder, together with the necessary stock transfer stamps duly affixed thereon, and all other documents delivered to the Escrow Agent to effectively transfer such shares, to the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Richardson James C Jr)

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