Common use of Closing of Purchase Clause in Contracts

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the “Closing”) at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (i) to date the stock assignment form or forms necessary for the transfer of the Shares, (ii) to fill in on such form or forms the number of Shares being transferred, and (iii) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 17 contracts

Samples: Restricted Stock Agreement (Editas Medicine, Inc.), Restricted Stock Agreement (Editas Medicine, Inc.), Restricted Stock Agreement (Lincare Holdings Inc)

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Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 13 contracts

Samples: Restricted Stock Agreement (Epresence Inc), Corporate Officer Restricted Stock Agreement (Epresence Inc), Restricted Stock Agreement (Banyan Systems Inc)

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (i) to date the stock assignment form or forms necessary for the transfer of the Shares, (ii) to fill in on such form or forms the number of Shares being transferred, and (iii) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 9 contracts

Samples: Restricted Stock Agreement (Alnylam Pharmaceuticals, Inc.), Restricted Stock Agreement (Unica Corp), Restricted Stock Agreement (Aspect Medical Systems Inc)

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the “Closing”) at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Casa Systems Inc), Restricted Stock Agreement (Casa Systems Inc), Restricted Stock Agreement (Ameresco, Inc.)

Closing of Purchase. (a) Upon any purchase by the Company of any or all of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the such Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the such Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Network Engines Inc)

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (ba) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Starent Networks, Corp.)

Closing of Purchase. (a) Upon any purchase by the Company company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the “Closing”) at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver the same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (American Superconductor Corp /De/)

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Closing of Purchase. (a) 2.1. Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) 2.2. At the Closing, you are directed (i) to date the stock assignment form or forms necessary for the transfer of the Shares, (ii) to fill in on such form or forms the number of Shares being transferred, and (iii) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Polymedica Corp)

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice. (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price price, if any, for the Shares being purchased or granted pursuant to the Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (United Natural Foods Inc)

Closing of Purchase. (a) Upon any purchase by the Company of the Shares pursuant to the Agreement, the Company shall give to Holder and you a written notice specifying the purchase price for the Shares, as determined pursuant to the Agreement, and the time for a closing hereunder (the "Closing") at the principal office of the Company. Holder and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice.A (b) At the Closing, you are directed (ia) to date the stock assignment form or forms necessary for the transfer of the Shares, (iib) to fill in on such form or forms the number of Shares being transferred, and (iiic) to deliver same, together with the certificate or certificates evidencing the Shares to be transferred, to the Company against the simultaneous delivery to you of the purchase price for the Shares being purchased pursuant to the Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Entrust Inc)

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