Common use of Payment or Delivery by the Company Clause in Contracts

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, as provided in Section 2 above. Any delivery of shares of LINTA Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to the Grantee, or at the time the stock transfer agent initiates transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash payment, has been delivered personally to the Grantee or deposited in the United States mail, addressed to the Grantee.

Appears in 8 contracts

Samples: Non Qualified Stock Option Agreement (Liberty Media Corp), Non Qualified Stock Option Agreement (Liberty Media Corp), Non Qualified Stock Option Agreement (Liberty Media Corp)

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Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 44 above, and subject to the withholding referred to in Section 55 above, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Common Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to have been received by the Grantee, or at the time the stock transfer agent initiates completes the transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash paymentowed, has been delivered personally to the Grantee or deposited in the United States or, if delivery is by mail, addressed to upon receipt by the Grantee.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Qurate Retail, Inc.), Non Qualified Stock Option Agreement (Gci Liberty, Inc.), Non Qualified Stock Option Agreement (Liberty Broadband Corp)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will (ia) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s 's name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Common Stock purchased by exercise of Options, Options and (iib) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above2. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to the Grantee, Grantee or at the time the stock transfer agent initiates transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash payment, has been delivered personally to the Grantee or deposited in the United States mail, addressed to the Grantee.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Liberty Media Corp), Nonqualified Stock Option Agreement (Liberty Interactive Corp), Nonqualified Stock Option Agreement (Liberty Interactive Corp)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will (ia) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Common Stock purchased by exercise of Options, Options and (iib) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above2. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to the Grantee, Grantee or at the time the stock transfer agent initiates transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash payment, has been delivered personally to the Grantee or deposited in the United States mail, addressed to the Grantee.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Liberty Interactive Corp), Nonqualified Stock Option Agreement (Liberty Media Corp), Nonqualified Stock Option Agreement (Starz)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s 's name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Stock as provided in Section 2 above. Any delivery of shares of LINTA Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to the Grantee, or at the time the stock transfer agent initiates transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash payment, has been delivered personally to the Grantee or deposited in the United States mail, addressed to the Grantee.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Liberty Interactive Corp), Non Qualified Stock Option Agreement (Liberty Interactive Corp), Non Qualified Stock Option Agreement (Liberty Interactive Corp)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 44 above, and subject to the withholding referred to in Section 55 above, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number and class of shares of LINTA Common Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to have been received by the Grantee, or at the time the stock transfer agent initiates completes the transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash paymentowed, has been delivered personally to the Grantee or deposited in the United States or, if delivery is by mail, addressed to upon receipt by the Grantee.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Liberty Media Corp), Non Qualified Stock Option Agreement (Liberty Media Corp)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 44 above, and subject to the withholding referred to in Section 55 above, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number and type of shares of LINTA Common Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to have been received by the Grantee, or at the time the stock transfer agent initiates completes the transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash paymentowed, has been delivered personally to the Grantee or deposited in the United States or, if delivery is by mail, addressed to upon receipt by the Grantee.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Liberty Interactive Corp), Non Qualified Stock Option Agreement (Liberty Media Corp)

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Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 44 above, and subject to the withholding referred to in Section 55 above, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Common Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to have been received by the Grantee, or at the time the stock transfer agent initiates completes the transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash paymentowed, has been delivered personally to the Grantee or deposited in the United States or, if delivery is by mail, addressed to upon receipt by the Grantee.. Liberty TripAdvisor Annual Option

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Liberty TripAdvisor Holdings, Inc.)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will (ia) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through The Depository Trust Company a book-entry position for the benefit of the GranteeGrantee for, the number of shares of LINTA Common Stock purchased by exercise of Options, Options and (iib) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above2. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to the Grantee, or or, in the case of a book-entry transfer, at the time the Company’s stock transfer agent initiates a book-entry transfer of the shares to a brokerage account through The Depository Trust Company for the benefit of the Grantee, if as applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash payment, has been delivered personally to the Grantee or deposited in the United States mail, addressed to the Grantee.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (CommerceHub, Inc.)

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 44 above, and subject to the withholding referred to in Section 55 above, the Company will (i) deliver or cause to be delivered to the Grantee certificates issued in the Grantee’s name for, or cause to be transferred to a brokerage account through Depository Trust Company for the benefit of the Grantee, the number of shares of LINTA Common Stock purchased by exercise of Options, and (ii) deliver any cash payment to which the Grantee is entitled in lieu of a fractional share of LINTA Stock, Common Stock as provided in Section 2 above. Any delivery of shares of LINTA Common Stock will be deemed effected for all purposes when certificates representing such shares have been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificates in the United States mail, addressed to have been received by the Grantee, or at the time the stock transfer agent initiates completes the transfer of shares to a brokerage account through Depository Trust Company for the benefit of the Grantee, if applicable, and any cash payment will be deemed effected when a check from the Company, payable to the Grantee and in the amount equal to the amount of the cash paymentowed, has been delivered personally to the Grantee or deposited in the United States or, if delivery is by mail, addressed to upon receipt by the Grantee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Liberty Media Corp)

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