Common use of Delivery of Certificates by Existing Stockholder Clause in Contracts

Delivery of Certificates by Existing Stockholder. At the Closing, upon payment by the Company of the Estimated Redemption Consideration, the Existing Stockholder will deliver to the Company, free and clear of any Liens, one or more certificates representing the Redeemed Securities, duly endorsed in blank or accompanied by stock powers or other instruments of transfer duly executed in blank.

Appears in 2 contracts

Samples: Recapitalization Agreement (Inphynet South Broward Inc), Recapitalization Agreement (Medpartners Inc)

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Delivery of Certificates by Existing Stockholder. At the Closing, upon payment by the Company of the Estimated Redemption Consideration, the Existing Stockholder will deliver to the Company, free and clear of any Liens, one or more certificates representing the Redeemed SecuritiesExisting Common Stock, duly endorsed in blank or accompanied by stock powers or other instruments of transfer duly executed in blank.

Appears in 2 contracts

Samples: Recapitalization Agreement (Medpartners Inc), Recapitalization Agreement (Inphynet South Broward Inc)

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Delivery of Certificates by Existing Stockholder. At the Closing, upon payment delivery by the Company Purchaser of the Estimated Redemption ConsiderationPurchased Securities Purchase Price, the Existing Stockholder will deliver to the CompanyPurchaser, free and clear of any Liens, one two or more certificates representing the Redeemed Purchased Securities, duly endorsed in blank or accompanied by stock powers or other instruments of transfer duly executed in blank.

Appears in 2 contracts

Samples: Recapitalization Agreement (Inphynet South Broward Inc), Recapitalization Agreement (Medpartners Inc)

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