Payment of Purchase Price and Delivery of Certificates. Payments on account of the purchase price shall be made by negotiable check, certified by a chartered bank or trust company or by wire transfer of funds to an account of a chartered bank or by official bank draft drawn on a chartered bank against receipt by the purchaser of the share certificate or certificates representing the Shares, Convertible Securities or other securities being purchased, duly endorsed for transfer in blank.
Payment of Purchase Price and Delivery of Certificates. Payments on account of the purchase price shall be made by negotiable cheque, certified by a Canadian chartered bank or trust company or by wire transfer of funds to an account of a Canadian chartered bank or by official bank draft drawn on a Canadian chartered bank against receipt by the purchaser of the share certificate or certificates representing the Shares or securities being purchased, duly endorsed for transfer in blank.
Payment of Purchase Price and Delivery of Certificates. At each Closing, (a) against delivery of the Option Shares to be purchased, Zions Bancorp shall pay to the Company the aggregate purchase price for the Option Shares being purchased at such Closing by delivery to the Company of a bank check payable to the order of the Company in such amount or, if mutually agreed, by wire transfer of funds in such amount to an account designated in writing by the Company, and (b) the Company shall deliver to Zions Bancorp a certificate or certificates representing the number of Option Shares so purchased, free and clear of all liens, claims, charges, and encumbrances of any kind or nature whatsoever, in the denominations and in the name designated by Zions Bancorp in its notice of exercise and which shall bear the following legend until such time as the legend is no longer required by applicable law: THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT"), OR THE SECURITIES LAWS OF ANY JURISDICTION. SUCH SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TOWARD DISTRIBUTION OR RESALE AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT COVERING SUCH SECURITIES UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL, REASONABLY SATISFACTORY TO THE ISSUER, THAT REGISTRATION IS NOT REQUIRED UNDER THE ACT OR OTHER APPLICABLE LAWS. THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO THE TERMS OF A STOCK OPTION AGREEMENT DATED NOVEMBER 19, 1996.
Payment of Purchase Price and Delivery of Certificates. The purchase price shall be paid in such a manner as the Vendor and the Purchaser may agree or as specified pursuant to the relevant provision of this Agreement, as the case may be, against receipt by the Purchaser of the share certificate or certificates representing the Shares being purchased and sold, duly endorsed in blank for transfer together with signed and dated resignations by the Vendor or its nominee as a director and officer of the Corporation.
Payment of Purchase Price and Delivery of Certificates. (a) The closing (the "Closing") shall take place at the offices of Xxxxxxxx & Xxxxxxxx LLP, 000 Xxxxxx Xxxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, at 10:00 a.m. (Pacific time) on the first business date after the Merger Closing Date (as defined below) or on such other date or at such other place or time as the Company and the Investors may mutually agree (such date is hereinafter referred to as the "Closing Date").
(b) At the Closing:
(i) each Investor shall (i) pay the Purchase Price to the Company by wire transfer of immediately available funds, and (ii) deliver the documents and agreements required hereunder to be delivered by such Investor at the Closing; and
(ii) the Company shall deliver (i) certificates representing the Stock sold to the Investors pursuant to this Agreement, and (ii) the other documents and agreements required hereunder to be delivered by the Company at the Closing.
Payment of Purchase Price and Delivery of Certificates. The Purchase Price shall be paid in cash, by wire transfer or bank draft or certified cheque drawn on a Canadian chartered bank at the time of closing on the Sale Closing Date at the place of closing against receipt by the purchaser of the share certificate or certificates representing the Purchased Shares, duly endorsed in blank for transfer with signatures guaranteed by a Canadian chartered bank or trust company. All other payments required to be made in connection with a Sale Transaction shall be paid in cash, by wire transfer or bank draft or certified cheque drawn on a Canadian chartered bank at the time payment is required to be made, except that where permitted by the provisions of Article 7, payment may be made in whole or in part in marketable securities.
Payment of Purchase Price and Delivery of Certificates. The purchase price shall be paid on closing. If the purchase price is payable in cash, it shall be paid by wire transfer in immediately available funds or in such other manner as the Purchaser and Vendor may agree upon. The purchase price shall be paid against receipt of the share certificate or certificates representing the Securities or Convertible Securities being purchased, duly endorsed for transfer in blank with signatures guaranteed by a Canadian chartered bank or trust company.
Payment of Purchase Price and Delivery of Certificates. The Purchase Price shall be paid in full by certified cheque or bank draft in immediately available funds against receipt by the Purchasing Shareholder of the share certificate or certificates representing the Shares being purchased and sold, duly endorsed in blank for transfer together with signed and dated resignations and releases by the Selling Shareholder (and his nominees) as directors, officers and employees of the Corporation. All payments required to be made in connection with a transaction of purchase and sale shall be made by cheque, certified by a Canadian chartered bank or trust company, or an official bank draft drawn on a Canadian chartered bank.
Payment of Purchase Price and Delivery of Certificates. 2.1 The closing of the purchase and sale of the Shares (the "CLOSING") shall be held at the offices of Xxxxxx & Xxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, or at such other place as the parties hereto may agree, but in no event later than five days after the Effective Time (as defined in the Merger Agreement) (the "MERGER CLOSING"). At the Closing (a) the Purchasers will pay to the TriNet Stockholders the Purchase Price in cash or by wire transfer of immediately available funds pursuant to the TriNet Stockholders' instructions and (b) upon receipt of such payment the TriNet Stockholders will assign and transfer to the Purchasers good and valid title in and to the Shares, free and clear of all liens, security interests mortgages, assessments, leases, adverse claim, levy, charge or other encumbrance of any kind, or any conditional sale contract or any other contract providing any of the foregoing ("LIENS") by delivering a certificate or certificates representing the Shares, in genuine and unaltered form, duly endorsed in blank or accompanied by duly executed stock powers endorsed in blank, with requisite stock transfer tax stamps, if any, attached, in the denominations and registered in such names designated to the TriNet Stockholders in writing by the Purchasers.
Payment of Purchase Price and Delivery of Certificates. Except in the circumstances contemplated Section 5.5, the purchase price or any part thereof due on the Closing Date shall be paid by certified cheque or bank draft against receipt by the purchaser of the share certificate or certificates representing the Shares being purchased and sold, duly endorsed in blank for transfer or with appropriately executed stock transfer powers, together with signed and dated resignations by the vendor and its nominees as directors and officers of Latin Newco.
