Common use of Items To Be Delivered by the Seller Clause in Contracts

Items To Be Delivered by the Seller. At the Closing, and subject to the terms and conditions contained herein, the Seller shall deliver (i) to the Investor one or more share certificates representing the RBC Stock to be purchased by the Investor hereunder and that is represented by certificates owned by the Seller, accompanied by a duly endorsed stock power in blank or other appropriate instrument of transfer (duly endorsed and otherwise in form sufficient for transfer and reasonably satisfactory to each Investor) and (ii) cause to be issued to the Investor confirmation of book entry transfer of such of the remaining shares of the RBC Stock as are held for the Seller’s benefit in a Depository Trust Company account into such Depository Trust Company account of the Investor as may be designated by the Investor, as well as deliver each of the other items described in Section 5.1 hereof. After the Closing, in addition to its obligations under Section 6.6 hereof, the Seller shall cooperate with the Investor, and use its best efforts, to cause appropriate share certificates representing the RBC Stock sold to the Investor hereunder to be recorded in the name of the Investor, as the Investor shall reasonably request.

Appears in 2 contracts

Samples: Share Purchase Agreement (Russell Berrie Foundation), Share Purchase Agreement (Benaroya Raphael)

AutoNDA by SimpleDocs

Items To Be Delivered by the Seller. At the Closing, and subject to the terms and conditions contained herein, the Seller shall deliver (i) to the Investor one or more share certificates representing the RBC Stock to be purchased by the Investor hereunder and that is represented by certificates owned by the Seller, accompanied by a duly endorsed stock power in blank or other appropriate instrument of transfer (duly endorsed and otherwise in form sufficient for transfer and reasonably satisfactory to each Investor) and (ii) cause to be issued to the Investor confirmation of book entry transfer of such of the remaining shares of the RBC Stock as are held for the Seller’s 's benefit in a Depository Trust Company account into such Depository Trust Company account of the Investor as may be designated by the Investor, as well as deliver each of the other items described in Section 5.1 hereof. After the Closing, in addition to its obligations under Section 6.6 hereof, the Seller shall cooperate with the Investor, and use its best efforts, to cause appropriate share certificates representing the RBC Stock sold to the Investor hereunder to be recorded in the name of the Investor, as the Investor shall reasonably request.

Appears in 2 contracts

Samples: Share Purchase Agreement (De Shaw Laminar Portfolios LLC), Share Purchase Agreement (De Shaw Laminar Portfolios LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.