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. (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").
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. 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. At any closing hereunder with respect to the exercise of the Warrant by the Holder:
Payment of Purchase Price and Delivery of Certificates. At the Closing, (a) against delivery of the Option Shares, Purchaser shall pay to Company the aggregate purchase price for the Option Shares at such Closing by delivery to Company of a certified, cashier's or bank check payable to the order of Company, or by wire transfer of federal funds to an account designated by Company, in an amount equal to the number of Option Shares issued multiplied by $0.001 to an account designated in writing by Company, and a promissory note (adequately secured by collateral other than the Shares acquired) for the balance of the Purchase Price bearing interest at the prime rate charged by Bank of America on the date of exercise of the Option, which promissory note shall be due and payable upon demand but not less than ten days following the issuance thereof and (b) Company shall deliver to Purchaser a certificate or certificates representing the Option Shares, 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 Purchaser in its notice of exercise. At the Closing, Purchaser (or its assignee) shall deliver a letter representing that the Option Shares are being purchased for its own account and are being acquired by it pursuant to this Agreement for investment and not with a view to any distribution thereof, and agreeing that such person will not offer to sell or otherwise dispose of any such shares so acquired in violation of the Securities Act of 1933, as amended (the "SECURITIES ACT"), and a legend to such effect shall be noted on such Option Shares.
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. 5.9 PAYMENTS All other payments required to be made in connection with a transaction of purchase and sale shall be by certified cheque or bank draft. 5.10
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.
