Common use of Disposition of Subject Securities Clause in Contracts

Disposition of Subject Securities. (a) The Northshore Receiver agrees to cause, within five days after the date of this Agreement, the delivery of the Subject Securities (including any stock certificates representing the same) to the Circle Receiver. Upon receipt, the Circle Receiver shall hold the same as custodian for Circle Trust and for certain of the Northshore Releasees (as defined) until such time as the Circle Receiver shall sell the Subject Securities as permitted hereby.

Disposition of Subject Securities. (a) The Northshore Receiver agrees to cause, within five days after the date of this AgreementEffective Date, the delivery of the Subject Securities (including any stock certificates representing the same) to the Circle Receiver. Upon receipt, the Circle Receiver shall hold the same as custodian for Circle Trust and for certain of the Northshore Releasees (as defined) until such time as the Circle Receiver shall sell the Subject Securities as permitted hereby.