Common use of On Completion Clause in Contracts

On Completion. (1) (transfers) the Grantor must do all acts and things and execute and deliver to Coeur all documents (including documents which constitute a sufficient transfer of the Option Shares under Part 7.11 of the Corporations Act 2001 (Cth) and the Corporations Regulations 2001 (Cth)) as required to register and make Coeur or its nominee the legal and beneficial owner of the Option Shares; and (2) (Exercise Price) Coeur must pay the Exercise Price in respect of each Option Share to the Grantor by bank cheque or an electronic funds transfer into an account nominated by the Grantor.