Delivery for the Exchange. At the Closing: (a) Each Noteholder shall surrender such Noteholder’s Note(s) duly endorsed to the Company (and accompanied by appropriate endorsement and transfer documents) for cancellation; and such Note(s) shall be cancelled by the Company; and (b) The Company shall deliver the Exchange Shares issuable to each Noteholder by book entry deposit to an account established for such purpose.
Appears in 3 contracts
Samples: Exchange Agreement (Turning Point Brands, Inc.), Exchange Agreement (Turning Point Brands, Inc.), Exchange Agreement (Turning Point Brands, Inc.)
Delivery for the Exchange. At the Closing:
(a) Each The Noteholder shall surrender such Noteholder’s Note(s) the Notes duly endorsed to the Company (and accompanied by appropriate endorsement and transfer documents) for cancellation; and such Note(s) the Notes shall be cancelled by the Company; and
(b) The Company shall deliver the Exchange Shares issuable to each the Noteholder by book entry deposit to an account established for such purpose.
Appears in 2 contracts
Samples: Exchange Agreement (Turning Point Brands, Inc.), Exchange Agreement (Turning Point Brands, Inc.)
Delivery for the Exchange. At the Closing:
(a) Each Noteholder shall surrender such Noteholder’s Note(s) duly endorsed to the Company (and accompanied by appropriate endorsement and transfer documents) for cancellation; and such Note(s) shall be cancelled by the Company; and
(b) The Company shall deliver the Exchange Shares issuable to each Noteholder by book entry deposit to an account acount established for such purpose.
Appears in 1 contract
