Common use of PAYMENT AND DELIVERY OF STOCK CERTIFICATES Clause in Contracts

PAYMENT AND DELIVERY OF STOCK CERTIFICATES. On the Closing Date (as defined below), (i) the Purchaser shall pay the Purchase Price by wire transfer of immediately available funds to the Company, in accordance with the Company's written instructions, against delivery of duly executed stock certificates which the Purchaser is then purchasing and (ii) the Company shall deliver to the Purchaser such stock certificates against delivery of the Purchase Price.

Appears in 6 contracts

Samples: Common Stock Purchase Agreement (Gatefield Corp), Series C Preferred Stock Purchase Agreement (Gatefield Corp), Common Stock Purchase Agreement (Gatefield Corp)

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PAYMENT AND DELIVERY OF STOCK CERTIFICATES. On the each Closing Date (as defined below), (i) each of the Purchaser Purchasers shall pay the Purchase Price portion of the purchase price for the Securities to be issued and sold at the applicable Closing to such Purchaser by check or wire transfer of immediately available funds to the Company, in accordance with the Company's written instructions, against delivery of duly executed stock certificates and the warrant which the each such Purchaser is then purchasing and (ii) the Company shall deliver to the each such Purchaser such stock certificates and the warrant against delivery of the Purchase Price.such purchase price. (d)

Appears in 2 contracts

Samples: Stock Purchase Agreement (Gatefield Corp), 30 Stock Purchase Agreement (Gatefield Corp)

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