Common use of Closing of Purchase Option Clause in Contracts

Closing of Purchase Option. The closing of any purchase of the -------------------------- Offered Shares pursuant to the Purchase Option shall take place at the principal offices of the Company on the 10th calendar day following the delivery of the last Exercise Notice. At the closing, Xxxxxx shall deliver to the Stockholders certificates representing the Offered Shares, duly endorsed for transfer or accompanied by duly executed stock powers, and the purchasing Stockholders shall deliver to Xxxxxx the purchase price to be paid as herein provided.

Appears in 2 contracts

Samples: Override Agreement (Video City Inc), Stockholders Agreement (Video City Inc)

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Closing of Purchase Option. The closing of any purchase of -------------------------- the -------------------------- Offered Shares pursuant to the Purchase Option shall take place at the principal offices of the Company on the 10th calendar day following the delivery of the last Exercise Notice. At the closing, Xxxxxx shall deliver to the Stockholders certificates representing the Offered Shares, duly endorsed for transfer or accompanied by duly executed stock powers, and the purchasing Stockholders shall deliver to Xxxxxx the purchase price to be paid as herein provided.

Appears in 1 contract

Samples: Stockholders Agreement (Lee Robert Y)

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Closing of Purchase Option. The closing of any purchase of the -------------------------- Offered Shares pursuant to the Purchase Option shall take place at the principal offices of the Company on the 10th calendar day following the delivery of the last Exercise Notice. At the closing, Xxxxxx shall Ingrxx xxxll deliver to the Stockholders certificates representing the Offered Shares, duly endorsed for transfer or accompanied by duly executed stock powers, and the purchasing Stockholders shall deliver to Xxxxxx the Ingrxx xxx purchase price to be paid as herein provided.

Appears in 1 contract

Samples: Stockholders Agreement (Ingram Entertainment Inc)

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