Closing of the Securities Purchase Sample Clauses
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held (1) immediately following the closing of the Exchange or (2) at such other time or date that is agreed to in writing by the Seller and the Purchaser (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at the same location as the closing of the Exchange or at such other place as the Seller and the Purchaser shall mutually agree in writing. The Company on behalf of the Seller will cause to be delivered to the Purchaser certificates for the Purchase Shares.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) The Company on behalf of the Seller will cause to be delivered to the Purchaser certificates for the Purchased Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank or other required instruments of transfer; and
(2) the Purchaser will cause to be paid the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an escrow account designated in writing by the Seller to the Purchaser, such designation to be made not later than two Business Days prior to the Closing Date.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held at such time or date that is agreed to in writing by the Seller and the Purchaser, but in any event no later than the fifth Business Day following the execution of this Agreement (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at the offices of Seller’s counsel, Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP, 0000 Xxxxxx xx xxx Xxxxxxxx, XX, XX 00000-0000, or at such other place as the Seller and the Purchaser shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) the Company will cause to be paid to Seller all accrued and unpaid dividends to but not including the date of Closing, on the Purchased Shares;
(2) the Seller will cause to be delivered to Bankers’ Bank of the West, a Colorado state chartered bank and wholly owned subsidiary of the Company, as escrow agent for the Purchaser (the “Escrow Agent”), the certificates for the Shares issued to the Seller for cancellation and reissuance of certificates for the Purchased Shares in the name of the Purchaser (which reissued certificates shall be delivered by the Company to the Purchaser no more than three Business Days after the Closing Date); and
(3) the Purchaser will cause to be paid the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an escrow account designated by the Escrow Agent to the Purchaser, such designation to be made not later than two Business Days prior to the Closing Date.
(4) the Escrow Agent will cause the aggregate purchase price for all of the Shares, including the Purchase Price paid by the Purchaser hereunder and the purchase price paid by the Other Purchasers for the Shares, to be delivered to the Seller by wire transfer in immediately available funds.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held at such time or date that is agreed to in writing by the Seller and the Company (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at such place as the Seller and the Company shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) the Seller will deliver to the Company certificates for the Repurchased Securities; and
(2) the Company will pay the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an account designated in writing by the Seller to the Company, such designation to be made not later than two Business Days prior to the Closing Date.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held (1) immediately following the closing of the Exchange or (2) at such other time or date that is agreed to in writing by the Seller and the Purchaser (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at the same location as the closing of the Exchange or at such other place as the Seller and the Purchaser shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) the Seller will cause to be delivered to the Purchaser certificates for the Purchased Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank or other required instruments of transfer; and
(2) the Purchaser will cause to be paid the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an escrow account designated in writing by the Seller to the Purchaser, such designation to be made not later than two Business Days prior to the Closing Date.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held at such time or date that is agreed to in writing by the Seller and the Company (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at such place as the Seller and the Company shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) the Seller will deliver to the Company certificates for the Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank or other required instruments of transfer; and
(2) the Company will pay the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an account designated in writing by the Seller to the Company, such designation to be made not later than two Business Days prior to the Closing Date.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall occur (1) concurrently with and on the same day of the closing of the Initial Investment Transaction as contemplated by the Investment Agreement or (2) at such other time or date that is agreed to in writing by the Seller and the Purchasers (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at such place as the Seller and the Purchasers shall mutually agree in writing.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held (1) immediately prior to the filing of articles of merger with the Secretary of State of the Commonwealth of Massachusetts pursuant to which the Merger will be consummated or (2) at such other time or date that is agreed to in writing by the Seller and the Purchaser (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at such place as the Seller and the Purchaser shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) the Seller will deliver to the Purchaser certificates for the Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank or other required instruments of transfer; and
(2) the Purchaser will pay the aggregate Purchase Price to the Seller, by wire transfer in immediately available funds, to an account designated in writing by the Seller to the Purchaser, such designation to be made not later than two Business Days prior to the Closing Date.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall be held (1) immediately prior to the filing of the articles of merger with the Secretary of State of the State of Oregon pursuant to which the Merger will be consummated or (2) at such other time or date that is agreed to in writing by the Seller, the Purchaser and the Company (the date on which the Closing occurs, the “Closing Date”). The Closing shall be held at such place as the Seller, the Purchaser and the Company shall mutually agree in writing.
Closing of the Securities Purchase. The obligation of each of Parent, HHHH, and Holder to consummate the Rollover Closing is subject to the satisfaction of the condition that all conditions to the consummation of the Securities Purchase shall have been satisfied or waived by the parties thereto in accordance with the Purchase Agreement, other than the condition set forth in Sections 6.9 and 7.3 of the Purchase Agreement with respect to the contribution, exchange and issuance of the Rollover Shares.
Closing of the Securities Purchase. (A) Subject to Article V, the closing of the Securities Purchase (the “Closing”) shall occur on September 21, 2017 or at such other time or date that is agreed to in writing by the Seller and the Purchaser. The date on which the Closing occurs is referred to herein as the “Closing Date”. The Closing shall be held at such place as the Seller and the Purchaser shall mutually agree in writing.
(B) At the Closing, or simultaneously therewith, the following shall occur:
(1) The Purchaser will pay to the Seller the Purchase Price, by wire transfer in immediately available funds, to an account designated in writing by the Seller to the Purchaser, such designation to be made not later than two Business Days prior to the Closing Date.
(2) The Seller will deliver to the Purchaser the Purchased Shares in book entry form without any restrictive legends and transferred via Deposit/Withdrawal At Custodian to accounts designated in writing by the Purchaser to the Seller, such designation to be made not later than two Business Days prior to the Closing Date.