Payment of Purchase Price and Delivery of Shares. At the Transaction Closing:
Payment of Purchase Price and Delivery of Shares. On the Closing ------------------------------------------------ Date (as hereinafter defined), the Purchasers shall pay to each of the Sellers by certified or bank check or wire transfer an amount equal to the Purchase Price multiplied by the number of shares set forth opposite each such Seller's name on Schedule B attached hereto and the Sellers will deliver to the Purchasers, certificates representing the Shares duly endorsed in blank or with a fully executed stock power attached, all in proper form for transfer with all transfer taxes, if any, paid by Sellers.
Payment of Purchase Price and Delivery of Shares. Upon payment by Holdings of the Purchase Price, Blue River shall deliver the Shares to Holdings properly endorsed in blank or accompanied by duly executed stock powers so as to make Holdings the sole owner thereof.
Payment of Purchase Price and Delivery of Shares. Within five business days following the Effective Date, the Purchaser shall execute and deliver to the Seller a promissory note as described in Schedule A-1 (the “Note”) and a Security Agreement as described in Schedule A-2 (the “Security Agreement”) in payment of the Purchase Price, and within five business days following receipt of the Note and the Security Agreement, the Seller shall issue an irrevocable entitlement order to the Intermediary to transfer the Shares from the Seller’s securities account at the Intermediary to the Purchaser’s securities account at the Intermediary (the Purchaser agreeing to open aa securities account at the Intermediary as promptly as possible after the Effective Date). The Seller’s obligation to issue that entitlement order is subject to his receipt of the Note and Security Agreement fully executed by the Purchaser. Issuance of an effective entitlement order shall constitute “delivery” of the Shares to the Purchaser and the date that an effective entitle order is issued is the “Delivery Date.” The Shares upon the Delivery Date shall be free and clear of all liens, encumbrances, and pledges created by the Seller (“Liens”) other than Liens created by this Agreement (and except that no representation is made by the Seller to the Purchaser regarding whether or not the Shares, in the hands of the Purchaser, may or may not be deemed to be “restricted securities” as that term is defined by Rule 144 promulgated under the Shares Act of 1933, as amended (the “Securities Act”)).
Payment of Purchase Price and Delivery of Shares. On the date hereof (the “Closing Date”), the Purchaser shall pay the Purchase Price to the Company in cash by wire transfer of immediately available funds to the Company’s account at JPMorgan Chase Bank, Account Number 000-0000000-65, ABA Routing Number 000000000, the Company shall deliver to the Purchaser a certificate representing the Purchased Shares issued in the Purchaser’s name, and the Selling Stockholders shall deliver the Option Shares, duly endorsed for transfer to the Purchaser or accompanied by stock powers executed in blank to the Company to be held in escrow by it. The consummation of the purchase and sale of the Purchased Shares shall occur at the offices of Xxxxx, Xxxxxxxx and Flexner LLP, 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, or at such other place as the Purchaser and the Company may agree (the “Closing”).
Payment of Purchase Price and Delivery of Shares. As soon as practicable following the execution of this Agreement, payment of the Purchase Price shall be made to Escrow Agent for the benefit of the Seller and the creditors listed in Exhibit 2(j). As soon as practicable following the filing of the Certificate of Designations, certificates representing the Shares shall be delivered to the Buyers.
Payment of Purchase Price and Delivery of Shares. The purchase and sale of the Shares contemplated by this Agreement shall take place as set forth in Section 1(b)(i).
Payment of Purchase Price and Delivery of Shares. On the date hereof, Holdings shall pay the Purchase Price to Continental in cash in United States Dollars by wire transfer of immediately available funds to the account of Continental previously designated by Continental to Holdings. Upon receipt by it of confirmation that the Purchase Price has been so paid, Continental will on the date thereof deliver to Holdings a certificate or certificates representing the Shares, duly endorsed for transfer or accompanied by stock powers executed in blank. The closing of the Acquisition and related transactions shall occur at the offices of Continental at 0000 Xxxxx Xxxxxx, Houston, Texas.
Payment of Purchase Price and Delivery of Shares. The purchase and sale of the Initial Shares contemplated by this Agreement shall take place as set forth in Section 1(b)(i), and, if the Company exercises its option to sell the Optional Shares, then the purchase and sale of the Optional Shares contemplated by this Agreement shall take place as set forth in Section 1(b)(ii).
Payment of Purchase Price and Delivery of Shares. Subject to the fulfillment or waiver (where permissible) of the conditions set forth in ARTICLE VII, at the Closing:
