Common use of IPO Closing Clause in Contracts

IPO Closing. Subject to the terms of Sections 8 and 9, the closing of the sale and purchase of the IPO Shares under this Agreement (the "IPO Closing") shall be held at the time and date of the completion of the IPO (the "IPO Closing Date") at the offices of Xxxxxx Godward, 0000 Xxxxxxxxx Xxxxx, Xxxxx 0000, Xxx Xxxxx, Xxxxxxxxxx, or at such time and place as the Company and the Investor may agree. At the IPO Closing, subject to the terms and conditions hereof, the Company shall deliver to the Investor a stock certificate registered in the name of Investor representing the IPO Shares, dated as of the IPO Closing Date, against payment of the purchase price therefor by wire transfer of immediately available US dollar funds to an account designated by the Company not less than two (2) days prior to the IPO Closing.

Appears in 4 contracts

Samples: Collaboration Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp), Collaboration Agreement (Diversa Corp)

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