Common use of Procedure for Closing Clause in Contracts

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' common stock certificates for the Purchase Shares being delivered upon, duly executed, for 2,250,000 shares of common stock to be held in escrow under the Pledge Agreement and the delivery of the Consideration to Sellers from the Buyer, together with delivery of all other options, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 4 contracts

Samples: Share Purchase Agreement (Viable Resources Inc), Share Purchase Agreement (Viable Resources Inc), Share Purchase Agreement (Viable Resources Inc)

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Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by SellersSeller' common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 shares of common stock to be held in escrow under the Pledge Agreement and against the delivery of the Consideration to Sellers for share purchase from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Houston Operating Co), Share Purchase Agreement (LittlehamptonInvestments LLC)

Procedure for Closing. 5.1 4.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' the common stock certificates of the Company for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 111,570,000 shares of common stock to be held in escrow under the Pledge Agreement JR, and the delivery of the Consideration for share purchase to Sellers from TM by JR as required hereinabove in the Buyerform of the 9,894,000 common shares of eAuto Network, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement and Release (Raby John N)

Procedure for Closing. 5.1 6.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, VII including the delivery of a) by Sellers' common stock certificates for the Purchase Shares being delivered upon, duly executed, for 2,250,000 shares in the name of common stock to be held the Buyer b) the assignment of Options in escrow under the Pledge Agreement name of the Buyer and c) the delivery of the Consideration to Sellers from the Buyer, together with delivery of all other options, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Chartwell International Inc)

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' common stock certificates for the Purchase Shares being delivered upon, duly executed, for 2,250,000 350,000 shares of common stock to be held in escrow under the Pledge Agreement agent delivery of a certificate for 1,500,000 newly issued shares of GTI issued to seller, to escrow agent and the delivery of the Consideration for share purchases to Sellers escrow agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Goaltimer International Inc)

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' Seller's restricted common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 9,900,000 restricted shares of common stock to be held in escrow under the Pledge Agreement stock, and the delivery Initials RR: Seller: Buyer: of the Consideration for Share Purchase to Sellers Escrow Agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (RF Colorado Ventures, LLC)

Procedure for Closing. 5.1 4.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VIV and VIII, by Sellers' common 's stock certificates for the Purchase Shares being delivered upondelivered, duly executed, signed by Sellers and medallion guaranteed for 2,250,000 1,050,000 shares of common stock stock, to be held in escrow under the Pledge Agreement and the delivery Buyer, upon receipt of the Consideration to Sellers from for the Buyershare purchase, together with issuance or delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Bayview Corp)

Procedure for Closing. 5.1 4.1 At the Closing Date, the purchase and sale shall be consummated after upon satisfaction of all conditions precedent set forth in Article VIV, the purchase and sale contemplated hereby shall be consummated by Sellers' common stock shareholder's delivery Common Stock certificates for the Purchase Shares being delivered uponto Escrow Agent, duly executedtogether with appropriate stock powers, for 2,250,000 shares of common stock to be held in escrow under the Pledge Agreement and the Buyer's delivery of the Consideration to Sellers from the BuyerEscrow Agent, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (LD Acquisitions, LLC)

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 5,700,000 shares of common stock to be held in escrow under the Pledge Agreement agent, and the delivery of the Consideration for share purchase to Sellers escrow agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Azonic Corp)

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Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' Seller's common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 5,700,000 shares of common stock to be held in escrow under the Pledge Agreement and agent, the delivery of the Consideration for share purchase to Sellers escrow agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Azonic Corp)

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by SellersSeller' common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 500,000 shares of common stock to be held in escrow under the Pledge Agreement agent, and the delivery of the Consideration for share purchase to Sellers escrow agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Southern Group International Inc)

Procedure for Closing. 5.1 4.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VIV, by Sellers' common Series A Preferred stock certificates for the Purchase Shares being delivered upondelivered, duly executedissued, for 2,250,000 250,000 shares of common Series A Preferred stock to be held in escrow under the Pledge Agreement Buyer, and the delivery of the Consideration to Sellers for share purchase from the BuyerBuyer to seller, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intercell International Corp)

Procedure for Closing. 5.1 4.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article V and VI, by Sellers' CH common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, signed and guaranteed by Seller for 2,250,000 1,800,000 shares of common stock to be held in escrow under the Pledge Agreement Buyer, and the delivery issuance of the 23,500,000 share of CH as Consideration to Sellers from for the Buyershare purchase, together with delivery issuance of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Cheyenne Resources Inc)

Procedure for Closing. 5.1 At the Closing Date, the purchase and sale shall be consummated after satisfaction of all conditions precedent set forth in Article VI, by Sellers' Seller common stock certificates for the Purchase Shares being delivered upondelivered, duly executed, for 2,250,000 7,550,000 shares of common stock to be held in escrow under the Pledge Agreement agent, and the delivery of the Consideration for share purchase to Sellers escrow agent from the Buyer, together with delivery of all other optionsitems, agreements, stock powers, warranties, and representations set forth in this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Golden Sand Eco-Protection Inc)

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