Method of Share Transfer Sample Clauses

Method of Share Transfer. The Transfer of shares of Common ------------------------ Stock as set forth in Section 2.1 above shall be made by Terayon to the Sellers' Representative on the Closing Date. Each Seller shall receive a share certificate in its name for all of the Seller's shares of Common Stock, other than those shares deposited with the Escrow Agent.
Sample 1
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Method of Share Transfer. The Transfer of the Terayon Shares as set forth in Section 1.3 above shall be made by Terayon to the Sellers' Representative on the Closing Date. All cash payments made by Terayon to the Sellers' Representative on the Closing Date shall be made by wire transfer of immediately available funds to the account specified by the Seller in writing to Terayon at least two (2) business days prior to the Closing Date (the "Account"). The Cash Payment shall reduce the Share Consideration by such number of Terayon Shares, the value of which (calculated using the average closing prices of the shares of Terayon Common Stock, as reported on the Nasdaq National Market for the fifteen consecutive trading days immediately preceding the date which is three days prior to the Closing Date) shall be equal to the Cash Payment.
Sample 1
Method of Share Transfer. The Transfer of the Terayon Shares as set forth in Section 1.3 above shall be made by Terayon to the Sellers' Representative on the Closing Date. The Cash Payment made by Terayon to the Sellers' Representative on the Closing Date shall be made by wire transfer of immediately available funds to the account specified by the Sellers' Representative in writing to Terayon at least two (2) business days prior to the Closing Date (the "Account"). The Cash Payment shall reduce the Share Consideration by such number of Terayon Shares, the value of which (calculated in the manner set forth in Section 1.3 above with respect to the Share Consideration) shall be equal to the Cash Payment.
Sample 1
Method of Share Transfer. The Transfer of Common Stock as set forth in Section 1.3 above shall be made by Parent to the Sellers' Representative on the Closing Date. All cash payments made by Parent to the Sellers' Representative on the Closing Date shall be made by wire transfer of immediately available funds to the accounts specified by the Sellers' Representative in writing to Parent at least two (2) business days prior to the Closing Date (the "Accounts"). Ten (10) days prior to the Closing, the Company shall provide to Parent, the mount of projected Net Cash that is expected to be available to the Company at the Closing Date. Parent shall deduct two million US Dollars ($2,000,000) and an additional amount equal to 30% of such projected Net Cash, and pay the remainder to the Sellers' Representative at the Closing Date (the "Initial Cash Payment"). Within twenty (20) days following the Closing Date, Parent shall verify the actual sum of the Company's Net Cash as of the Closing Date, upon which Parent shall transfer to the Accounts of the Sellers' Representative an mount in immediately available funds equal to the difference between the Initial Cash Payment and the Company's actual Net Cash as at the Closing Date, less two million US Dollars ($2,000,000).
Sample 1

Related to Method of Share Transfer

  • Method of Exercise of Option (a) Subject to the terms and conditions of this Agreement, the Option shall be exercisable by notice in the manner set forth in Exhibit A hereto (the "NOTICE") and provision for payment to the Corporation in accordance with the procedure prescribed herein. Each such Notice shall:

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • Method of Exercise of Options Optionee shall notify the Company by written notice sent by certified mail, return receipt requested, addressed to the Company's principal office, or by hand delivery to such office, as to the number of Shares which Optionee desires to purchase under the options, which written notice shall be accompanied by Optionee's check payable to the order of the Company for the full option price of such Shares. As soon as practicable after the receipt of such written notice, the Company shall, at its principal office, tender to Optionee a certificate or certificates issued in Optionee's name evidencing the Shares purchased by Optionee hereunder.

  • Sale and Purchase of Shares Upon the terms and subject to the conditions contained herein, on the Closing Date the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase from the Seller, all of the Shares.

  • Aggregation of Shares If after the date hereof, and subject to the provisions of Section 4.6 hereof, the number of outstanding shares of Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of Common Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

  • Subscription of Shares For the sum of U.S.$25,000, which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Issuance and Repurchase of Shares The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and, subject to the more detailed provisions set forth in Articles VIII and IX, to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property whether capital or surplus or otherwise, to the full extent now or hereafter permitted corporations formed under the Delaware General Corporation Law.

  • Repurchase of Shares If any share is repurchased by any of the Funds or is tendered thereto for redemption within seven business days after confirmation by us of the original purchase order from you for such security, you shall forthwith refund to us the full compensation paid to you on the original sale.

  • Method of Exercise Payment Issuance of New Warrant;

  • Method of Option Exercise The Option may be exercised in whole or in part by filing a written notice with, and which must be received by, the Secretary of the Company at its corporate headquarters prior to the Expiration Date. Such notice shall (a) specify the number of shares of Stock which the Participant elects to purchase; provided, however, that not less than one hundred (100) shares of Stock may be purchased at any one time unless the number purchased is the total number of shares available for purchase at that time under the Option, and (b) be accompanied by payment of the Exercise Price for such shares of Stock indicated by the Participant’s election. Payment shall be by cash or by check payable to the Company, or, at the discretion of the Committee at any time: (a) all or a portion of the Exercise Price may be paid by the Participant by delivery of shares of Stock acceptable to the Committee (including, if the Committee so approves, the withholding of shares otherwise issuable upon exercise of the Option) and having an aggregate Fair Market Value (valued as of the date of exercise) that is equal to the amount of cash that would otherwise be required; and (b) the Participant may pay the Exercise Price by authorizing a third party to sell shares of Stock (or a sufficient portion of the shares) acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the entire Exercise Price and any tax withholding resulting from such exercise.

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