Payment of Purchase Price; Delivery of Shares. On each Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company through the Escrow Agent for their respective Shares to be issued and sold to such Buyer at such Closing, and (ii) the Company shall deliver to each Buyer either (A) a certificate registered in such Buyer’s name (representing the number of Shares as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers) or (B) an irrevocable instruction letter to the Company’s transfer agent to issue a certificate registered in such Buyer’s name (representing the number of Shares as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers) and deliver such certificate to the Buyer as soon thereafter as possible.
Payment of Purchase Price; Delivery of Shares. The Company hereby sells to Optionee the Shares at a purchase price of $ per share for an aggregate purchase price of $ (the “Purchase Price”). Upon the execution of this Agreement, Optionee shall pay the Purchase Price and any applicable withholding tax to the Company in any other form of lawful consideration permitted under the Option Agreement. Upon the Company’s receipt of payment of the Purchase Price and any applicable withholding tax from Optionee, the Company shall cause the Shares to be issued and (a) a stock certificate or certificates representing the Shares to be registered in the name of Optionee or (b) held in book entry form. To facilitate compliance with and enforcement of this Agreement, if a stock certificate is issued, it shall be delivered to and held in custody by the Secretary of the Company and shall bear the restrictive legends required under Section 11 below. If the Shares are held in book entry form, then such entry will reflect that the Shares are subject to the restrictions of this Agreement. Optionee shall also, concurrently with the execution hereof, deliver to the Secretary of the Company two undated stock powers executed in blank. The Shares shall be subject to the rights and restrictions as specifically set forth in this Agreement.
Payment of Purchase Price; Delivery of Shares. At or prior to the Closing, Investors will remit in United States dollars by wire transfer of immediately available funds the aggregate purchase price for the Shares. On or before the Closing Date, the Company will instruct its transfer agent (“Transfer Agent”) to deliver to each Investor one or more stock certificates, evidencing the number of Shares as set forth on Schedule A hereto, against delivery of the aggregate purchase price. The Shares Mx. Xxxxxxxxxx acquires shall be registered in the name of RCS or its designee.
Payment of Purchase Price; Delivery of Shares. At the Closing:
Payment of Purchase Price; Delivery of Shares. On the Closing Date the Investor shall pay the Purchase Price to the Company for the Shares by delivery of the executed Note.
Payment of Purchase Price; Delivery of Shares. The purchase price shall be paid, and the Shares shall be delivered, pursuant to Section 1.4 of the Exchange Agreement. At the Closing, (i) each Buyer shall pay its respective purchase price pursuant to the payment schedule set forth in Section 1.4 of the Exchange Agreement, consisting of $2.40 per share of Common Stock (the “Purchase Price”) for the number of shares of Common Stock set forth on such Buyer’s signature page to this Agreement, to the Company by wire transfer of immediately available funds in accordance with the Company’s written wire instructions and (ii) the Company shall issue and cause its transfer agent to deliver to each Buyer one or more stock certificates evidencing the aggregate number of Shares purchased by such Buyers hereunder.
Payment of Purchase Price; Delivery of Shares. (a) Subject to fulfillment or waiver of the conditions set forth in Section 8.1 of the Transaction Agreement, at the Initial Closing:
Payment of Purchase Price; Delivery of Shares. (a) Buyer shall deliver to Seller at Closing by wire transfer immediately available funds in an amount equal to the Purchase Price. Such wire transfer shall be directed to a bank account designated in writing by Seller at least 2 Business Days prior to the Closing Date.
Payment of Purchase Price; Delivery of Shares. The Purchase Price will be paid by the Company on June 19, 2002 by wire transfer of immediately available funds to an account designated by Shareholder. On such date, Shareholder shall deliver to Company stock certificates representing the Shares which are in certificated form, duly endorsed for transfer or with duly executed stock powers attached, in either case with signatures guaranteed, and, as to Shares held in book entry account at the Company's transfer agent, duly executed stock powers with signatures guaranteed.
Payment of Purchase Price; Delivery of Shares. At Closing, Purchaser shall deliver to Seller payment, by wire transfer of immediately available funds to an account designated in writing by Seller (such designation to be made at least one Business Day prior to the Closing Date), in an amount equal to the Purchase Price (the "Closing Date Payment"). At the Closing, Seller shall deliver to Purchaser or its designee stock certificates of the Companies, duly endorsed in blank (or accompanied by duly executed stock powers), representing the Shares so as to transfer and assign to Purchaser, good and valid title to the Shares, free and clear of all Liens.
