Common use of Payment and Delivery of Certificates Clause in Contracts

Payment and Delivery of Certificates. On each Closing Date, Grantee shall pay to Issuer in immediately available funds by wire transfer to a bank account designated by Issuer an amount equal to the Purchase Price multiplied by the Option Shares to be purchased on such Closing Date.

Appears in 7 contracts

Samples: Reorganization Agreement (Carolina First Corp), Stock Option Agreement (Ocular Sciences Inc /De/), Stock Option Agreement (American Home Products Corp)

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Payment and Delivery of Certificates. On each Closing Date, ------------------------------------ Grantee shall pay to Issuer in immediately available funds by wire transfer to a bank account designated by Issuer an amount equal to the Purchase Price multiplied by the Option Shares to be purchased on such Closing Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Global Crossing LTD), Stock Option Agreement (Wesley Jessen Visioncare Inc)

Payment and Delivery of Certificates. On each Closing Date, Grantee shall pay to Issuer in immediately available funds by wire transfer to a bank account designated by Issuer in writing an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date.

Appears in 1 contract

Samples: Merger Agreement (Home Choice Holdings Inc)

Payment and Delivery of Certificates. On each Closing DateAt any Option Closing, Grantee shall will pay to Issuer in immediately available funds by wire transfer to a bank account designated in writing by Issuer an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on at such Option Closing Dateplus the amount of any transfer, stamp or other similar taxes or charges imposed in connection therewith.

Appears in 1 contract

Samples: Stock Option Agreement (Ascend Communications Inc)

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Payment and Delivery of Certificates. On each ------------------------------------ Closing Date, Grantee shall pay to Issuer in immediately available funds by wire transfer to a bank account designated by Issuer an amount equal to the Purchase Price multiplied by the Option Shares to be purchased on such Closing Date.

Appears in 1 contract

Samples: Merger Agreement (Alrenco Inc)

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