Issuance of Option Shares. The Option Shares purchased will be issued to the Holder exercising this Option as of the close of business on the date on which all actions and payments required to be taken or made by Holder, pursuant to Section 3.1, have been taken or made. Certificates for the Option Shares so purchased will be delivered to the Holder within a reasonable time, not exceeding ten (10) days after this Option is surrendered.
Appears in 2 contracts
Samples: Option Purchase Agreement (Nextel Communications Inc), Option Agreement (Nextel Communications Inc)
Issuance of Option Shares. The Option Shares purchased will be issued to the Holder exercising this Option as of the close of business on the date on which all actions and payments required to be taken or made by Holder, pursuant to Section 3.1, have been taken or made. Certificates for the Option Shares so purchased will be delivered to the Holder within a reasonable time, not exceeding ten (10) days after this Option is surrendered.. CLCORP01 Doc: 229672_4
Appears in 2 contracts
Samples: Option Purchase Agreement (Nextel Communications Inc), Option Agreement (Nextel Communications Inc)
Issuance of Option Shares. The Option Shares purchased will shall be issued to the Holder exercising this Option as of the close of business on the date on which all actions and payments required to be taken or made by Holder, pursuant to Section 3.1, shall have been so taken or made. Certificates for the Option Shares so purchased will shall be delivered to the Holder within a reasonable time, not exceeding ten (10) days after this Option is surrendered.
Appears in 1 contract
