Common use of PAYMENT OF CASH AND THE NEW MCSC SHARES Clause in Contracts

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of MW Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the cash and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Gilson H Clark as Trustee of the Gilson Trust), Merger Agreement (Miami Computer Supply Corp)

AutoNDA by SimpleDocs

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of MW TBS Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the cash and the New MCSC Shares Purchase Price as set forth in Section 2.3(b) hereof.

Appears in 2 contracts

Samples: Reorganization Agreement (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Miami Computer Supply Corp)

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of MW CMS Common Stock, MCSC MTAC shall have delivered to the Stockholders on the Closing Date the cash and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

AutoNDA by SimpleDocs

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of MW BRITCO Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the cash Promissory Note and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!