Consummation of Sale. At the Closing, Investor shall transfer directly to the purchase offeror one or more certificates, properly endorsed for transfer, representing the number of shares of Common Stock that the Investor elected to sell pursuant to Section 1.2 in consummation of the sale of the Common Stock pursuant to the terms and conditions specified in the Purchase Offer and the purchase offeror shall promptly thereafter remit to Investor that portion of the sale proceeds to which such Investor is entitled by reason of its participation in such sale.
Appears in 4 contracts
Samples: Shareholder Agreement (Gudjonsson Gudjon Mar), Shareholder Agreement (Gudjonsson Gudjon Mar), Shareholder Agreement (Oz Com)
