Common use of Deliverables at Closing Clause in Contracts

Deliverables at Closing. (a) At the Closing, Buyer shall deliver to the Company: (i) The Purchase Price via a check payable to the Company or wire transfer pursuant to the wire transfer instructions as provided by the Company to Buyer, provided, however, that the Parties acknowledge and agree that the Company has agreed to pay $5,000 to the Buyer to reimburse the Buyer for Buyer’s costs in connection with the Transactions, and therefore Buyer shall be entitled to retain such amount from the Purchase Price paid at the Closing; and (ii) a copy of the Note, duly executed by an authorized officer of the Buyer. (b) At the Closing, the Company shall: (i) Deliver to the Buyer a copy of the Note, duly executed by an authorized officer of the Company; and (ii) Issue the Shares to the Buyer and take such actions as required to cause the Buyer to be recorded as the beneficial and record holder of the Shares.

Deliverables at Closing. (a) At the Closing, Buyer shall deliver to the Company: (i) The Purchase Price via a check payable to the Company or wire transfer pursuant to the wire transfer instructions as provided by the Company to Buyer, provided, however, that the Parties acknowledge and agree that the Company has agreed to pay $5,000 10,000 to the Buyer to reimburse the Buyer for Buyer’s costs in connection with the Transactions, and therefore Buyer shall be entitled to retain such amount from the Purchase Price paid at the Closing; and (ii) a copy of the Note, duly executed by an authorized officer of the Buyer. (b) At the Closing, the Company shall: (i) Deliver to the Buyer a copy of the Note, duly executed by an authorized officer of the Company; and (ii) Issue the Shares to the Buyer and take such actions as required to cause the Buyer to be recorded as the beneficial and record holder of the Shares.