Manner of Purchase. Buyer is not subscribing for the Series A Preferred Stock as a result of or pursuant to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person other than a representative of the Company.
Manner of Purchase. The Trustee shall timely subscribe to purchase the Shares the ESOP is permitted to purchase in the Conversion pursuant to the Bank's Plan of Conversion. The Trustee shall draw upon the Trust Loan and use the proceeds thereof to purchase the number of Shares the ESOP may purchase in the Offering, simultaneously with consummation of the Conversion.
Manner of Purchase. (a) At the Option Closing, Grantee shall pay to Grantor the Purchase Price for the Option Shares to be purchased by cash, wire transfer or other immediately available funds. If Grantee has received Notice of an Event of Default (as defined in the Note) that is continuing, Grantee shall be entitled to hold the Purchase Price in trust for the benefit of Berkshire and/or Grantor until (a) Grantee has received joint instructions from Berkshire and Grantor as to the payment of the Purchase Price, (b) there is a final order of a court of competent jurisdiction directing the parties as to payment of the Purchase Price, or (c) Grantee deposits the Purchase Price for the Option Shares with said court, pending a final decision of such controversy. In any such event, the Option shall be deemed fully and properly exercised and all rights to the Option Shares shall be vested in Grantee.
(b) Upon the receipt of the Purchase Price, Grantor shall execute and deliver to Grantee such instruments as are necessary and proper or may be required by Grantee's transfer agent to transfer full and complete title to the Option Shares to be transferred to the Grantee, free and clear of all liens and encumbrances. Grantor hereby agrees that upon receipt of the Purchase Price, it shall promptly take all actions necessary or appropriate as may be reasonably requested by Grantee or its transfer agent to effect the transfer of record and beneficial ownership to such Option Shares so purchased on the books and records of Grantee.
Manner of Purchase. 10 Section 7.3
Manner of Purchase. Except as provided in Section 8.04, all insurance shall be purchased from insurance companies and in forms and amounts Approved by the Board and approved by each Mortgagee and shall include but not be limited to the coverages required by this Article. The cost of any insurance coverage which may be required by a Unit Mortgagee in excess of that which may otherwise be required by this Article or Approved by the Board, and which cannot be placed separately by the Unit Owner, shall be paid by the Unit Owner of the Condominium subject to such indebtedness as a Special Assessment.
Manner of Purchase. Buyers are not subscribing for the Series H Preferred Stock as a result of or pursuant to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person other than a representative of the Company.
Manner of Purchase. The purchase of the Class A Shares described in Section 5.2(a) shall be effected (i) by Wxxx International or its designee in the manner prescribed in the Option Agreement, or (ii) by the Company or its designee giving Notice to the former Executive Director or his estate within ninety (90) days after the occurrence of an event described in Section 5.2(a), specifying the place, date (within ninety (90) days after the date of such Notice), and time at which payment shall be made to the former Executive Director or his estate, personal representative, or successor in interest, as the case may be, for the Class A Shares. On that date, and at that place and time, Wxxx International, the Company, or the relevant designee, who shall be designated as the replacement Executive Director, shall deliver the purchase price for the Class A Shares, determined in the manner provided in Section 5.2(b), to the former Executive Director or his estate, personal representative, or successor in interest, as the case may be, in cash or by registered or certified check, and all of the Class A Shares, together with all stock powers and other signed documents deemed by Wxxx International, the Company, or the relevant designee, as the case may be, to be necessary to transfer the Class A Shares, shall be delivered to Wxxx International, the Company, or the relevant designee, as the case may be, by the former Executive Director or his estate, personal representative, or successor in interest.
Manner of Purchase. The closing and manner of the Company’s purchase of Issued Units pursuant to this Section 14 shall take place in accordance with the provisions of Section 13(e); provided, however, that the applicable purchase price shall be (i) the Imputed Transaction Value per Unit for each Issued Unit being purchased by the Company in the case of a Put arising under Section 14(a)(i) as a result of a Change of Control and (ii) the Appraised Value per Unit for each Issued Unit being purchased by the Company in the case of a Put arising under Sections 14(a)(ii) — (iv) and the closing date shall be no earlier than 30 days and no later than 45 days following the Board’s delivery of written notice to Optionee regarding its determination of Imputed Transaction Value per Unit or the Company’s receipt of the written report regarding the determination of Appraised Value per Unit, as applicable.
Manner of Purchase. 2.1 To reduce the transaction cost and risks, the purchase will be completed by one-time deliver. After the agreement is signed by both parties, the transaction of 100% shares of the Target will be done between the Seller and Buyer by the deadline of Feb 1st, 2010. If special circumstances happen, supplemental Agreement will be signed.
2.2 To continue performing the contract between Panasonic and Target and stabilizing R&D team, agreed by both parties, only the name of the share holder of the Target will be changed to be Buyer, the name and office location of the Target will be kept the same as original.
2.3 After the transaction, the headquarters of the Buyer will be in charge of management of the Target. The business goals and tasks will be assigned to Target by the Buyer.
Manner of Purchase. Upon payment in full of the Purchase Price for the Shares, the Company shall, without stock issue or transfer taxes to the Purchaser, deliver to the Purchaser or other person entitled to receive the Shares in the event of Purchaser’s death (provided payment in full was made by Purchaser prior to his death), a certificate or certificates for the requisite number of Shares. The Purchaser shall not have any rights or privileges as a shareholder with respect to any Shares covered by the subscription until payment of the Purchase Price and the date of issuance of a stock certificate(s) for the Shares.
