Payment for Standby Shares. Subject to and in accordance with the terms of this Agreement, on the Closing Date, if the Company exercises the Guarantee Right, each of the Guarantors will pay in immediately available funds by wire transfer to an account designated by the Company, or by certified cheque payable to the Company or its counsel, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by the Guarantor hereunder, and the Company will issue the Standby Shares to the Guarantors and deliver the certificate(s) representing such Standby Shares as soon as practicable thereafter.
Payment for Standby Shares. Subject to Section 2.5, immediately after Expiry Time on the Expiry Date, CDB shall advise the Standby Purchaser as to the number of Standby Shares to be acquired and aggregate Subscription Price payable by the Standby Purchaser. Subject to and in accordance with the terms hereof, on the Closing Date, the Standby Purchaser shall pay to CDB, or as CDB and Standby Purchaser may alternatively agree, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by the Standby Purchaser pursuant to this Agreement, and CDB shall issue the Standby Shares to the Standby Purchaser against payment of such amounts.
Payment for Standby Shares. Subject to and in accordance with the terms of this Agreement, on the Closing Date, each of the Standby Guarantors will pay in immediately available funds by wire transfer to an account designated by the Company, or by certified cheque payable to the Company or its counsel, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by such Standby Guarantor hereunder, and the Company will issue the Standby Shares to such Standby Guarantor and deliver the certificate(s) representing the Standby Shares as soon as practicable thereafter, but in any event within two Business Days following the Closing Date.
Payment for Standby Shares. Subject to and in accordance with the terms hereof, on the Closing Date, the Standby Purchaser shall pay, in immediately available funds by wire transfer to an account designated by WEF, or by certified cheque payable to WEF, the aggregate Issue Price that is payable for the Standby Shares.
Payment for Standby Shares. Subject to and in accordance with the terms hereof, the Standby Purchasers will pay, in immediately available funds by wire transfer to an account designated by LAC, or by certified cheque payable to LAC, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by it hereunder, and LAC will issue the Standby Shares to the Standby Purchasers.
Payment for Standby Shares. Immediately after Expiry Time on the Expiry Date, CGX shall advise the Standby Purchaser as to the number of Standby Shares to be acquired and aggregate Subscription Price payable by the Standby Purchaser. Subject to and in accordance with the terms hereof, on the Closing Date, the Standby Purchaser shall pay, in immediately available funds by wire transfer to an account designated by CGX, or by certified cheque payable to CGX, the aggregate Subscription Price that is payable for the Standby Shares pursuant to this Agreement, and CGX shall issue the Standby Shares to the Standby Purchaser thereafter.
Payment for Standby Shares. Subject to and in accordance with the terms hereof, on the Closing Date, each Standby Purchaser shall pay or shall cause its Substituted Standby Purchaser to pay, as the case may be, in immediately available funds by wire transfer to an account designated by ATS, or by certified cheque payable to ATS, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by it hereunder and ATS shall issue the Standby Shares to the Standby Purchasers or Substituted Standby Purchasers, as the case may be.
Payment for Standby Shares. Subject to and in accordance with the terms of this Agreement, on the Closing Date, the Standby Purchasers will pay the aggregate Subscription Price that is payable for the Standby Shares by the transfer by the Standby Purchasers to the Corporation of a corresponding portion of indebtedness owing by IBI Group partnership to the Standby Purchasers, and the Corporation will issue the Standby Shares to the Standby Purchasers as soon as practicable thereafter.
Payment for Standby Shares. Within 24 hours of the Expiry Time, Shoal Point shall advise the Standby Purchasers as to the number of Standby Shares to be acquired and aggregate Subscription Price payable by the Standby Purchasers. Subject to and in accordance with the terms hereof, on the Closing Date, the Standby Purchasers shall pay, in immediately available funds by wire transfer to an account designated by Shoal Point, or by certified cheque payable to Shoal Point, the aggregate Subscription Price that is payable for the Standby Shares.
Payment for Standby Shares. Immediately after Expiry Time on the Expiry Date, S2 shall advise the Standby Purchasers as to the number of Standby Shares to be acquired be each of the Standby Purchasers and the aggregate Subscription Price payable by each of the Standby Purchasers. Subject to and in accordance with the terms hereof, on the Closing Date, each of the Standby Purchasers shall pay to S2, or as S2 and the Standby Purchasers may alternatively agree, the aggregate Subscription Price that is payable for the Standby Shares to be purchased by each of the Standby Purchasers pursuant to this Agreement, and S2 shall issue the Standby Shares to the Standby Purchasers against payment of such amounts.
