Common use of Delivery of Certificates Representing the Shares Clause in Contracts

Delivery of Certificates Representing the Shares. At Closing, the Stockholders shall deliver the certificate(s) representing the Shares, duly endorsed to Buyer or accompanied by stock powers duly endorsed to Buyer, with each Stockholder's signature medallion guaranteed by a national bank and with (i) all such other documents as may be required to vest in Buyer good and marketable title to the Shares free and clear of any and all Liens (as defined in Section 2.3 hereof) and (ii) all necessary stock transfer and any other required documentary stamps. The Stockholders shall cause the Company to recognize and record the transfers described in this Section 1.5 on its transfer books.

Delivery of Certificates Representing the Shares. At Closing, the Stockholders shall deliver the certificate(s) representing the Shares, duly endorsed to Buyer or accompanied by stock powers duly endorsed to Buyer, with each Stockholder's medallion signature medallion guaranteed by a national bank guarantees, or other similar confirmations as Buyer may agree to, and with (i) all such other documents as may be required to vest in Buyer good and marketable title to the Shares free and clear of any and all Liens (as defined in Section 2.3 hereof) ), except for those Liens set forth on Schedule 1.1 hereof, and (ii) all necessary stock transfer and any other required documentary stamps. The Stockholders Company shall cause the Company to recognize and record the transfers described in this Section 1.5 on its transfer books.

Delivery of Certificates Representing the Shares. At Closing, the Stockholders shall deliver the certificate(s) representing the Shares, duly endorsed to Buyer or accompanied by stock powers duly endorsed to Buyer, with each Stockholder's signature medallion guaranteed by a national bank and with (i) all such other documents as may be required to vest in Buyer good and marketable title to the Shares free and clear of any and all Liens (as defined in Section 2.3 hereof) and (ii) all necessary stock transfer and any other required documentary stamps. The Stockholders shall cause the Company to recognize and record the transfers described in this Section 1.5 on its transfer books.