Common use of Closing Delivery and Payment Clause in Contracts

Closing Delivery and Payment. The closing of the sale and purchase of the Shares under this Agreement (the “Closing”) will take place on the Effective Date, or at such other time as the parties may otherwise agree. The payment of the Purchase Price shall be made by Purchaser no later than 4:00 PM on the Effective Date by check or wire transfer of immediately available funds to such account as may be designated by the Company. Upon receipt of the Purchase Price, Seller will issue a certificate evidencing the Shares to the Purchaser. At Closing, the Company will cause to be executed and delivered to the Purchaser a fully executed secretary’s certificate and written consent of directors evidencing the Company’s approval of this Agreement.

Appears in 4 contracts

Samples: Class a Preferred Stock Purchase Agreement (Cabinet Grow, Inc.), Class a Preferred Stock Purchase Agreement (Cabinet Grow, Inc.), Class a Preferred Stock Purchase Agreement (Cabinet Grow, Inc.)

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