Common use of Delivery at Closing Clause in Contracts

Delivery at Closing. At the Closing (a) The Seller shall deliver to the Purchaser stock certificates representing the Shares. The certificates representing the Shares shall be duly endorsed for transfer to the Purchaser and accompanied by, (i) if required by the Company's transfer agent, an opinion of counsel reasonably acceptable to the Company, the Purchaser and the Company's transfer agent and (ii) stock powers with medallion signature guarantees or other instruments of transfer duly executed to the Purchaser; and (b) The Purchaser shall transfer the aggregate Purchase Price to the Seller in the form of certified bank check or wire transfer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Forme Capital Inc), Stock Purchase Agreement (Wincroft Inc)

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Delivery at Closing. At the Closing (a) The Seller Sellers shall deliver to the Purchaser stock certificates representing the Shares. The certificates representing the Shares shall be duly endorsed for transfer to the Purchaser and accompanied by, (i) if required by the Company's transfer agent, an opinion of counsel reasonably acceptable to the Company, the Purchaser and the Company's transfer agent and (ii) stock powers with medallion signature guarantees or other instruments of transfer duly executed to the Purchaser; and (b) The Purchaser shall transfer the aggregate Purchase Price to the Seller Sellers in the form of certified bank check or wire transfer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Malex Inc)

Delivery at Closing. At the Closing: (a) The Seller Sellers shall deliver to the Purchaser Purchasers stock certificates representing the Shares. The certificates representing the Shares shall be duly endorsed for transfer to the Purchaser Purchasers, as applicable, and accompanied by, (i) if required by the Company's transfer agent, an opinion of counsel reasonably acceptable to the Company, the Purchaser Purchasers and the Company's transfer agent and (ii) stock powers with medallion signature guarantees or other instruments of transfer duly executed to the PurchaserPurchasers; and (b) The Purchaser Purchasers shall transfer the aggregate Purchase Price to the Seller Sellers in the form of certified bank check or wire transfer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Aerobic Creations, Inc.)

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Delivery at Closing. At the Closing (a) The Seller shall deliver to the Purchaser Purchasers stock certificates representing the SharesCommon Shares and 344,595 shares of Series A Preferred Stock. The certificates representing the Shares shall be duly endorsed for transfer to the Purchaser Purchasers, as applicable, and accompanied by, (i) if required by the Company's transfer agent, an opinion of counsel reasonably acceptable to the Company, the Purchaser Purchasers and the Company's transfer agent and (ii) stock powers with medallion signature guarantees or other instruments of transfer duly executed to the PurchaserPurchasers; and (b) The Purchaser Purchasers shall transfer the aggregate Purchase Price to the Seller in the form of certified bank check or wire transfer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (24holdings Inc)

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