Procedures at Closing. At the Closing, the parties shall take the following steps (provided, however, that upon their completion all such steps shall be deemed to have occurred simultaneously): (a) Seller shall deliver to Buyer the documents referred to in Section 2.01(g). (b) Buyer shall deliver to Seller the documents referred to in Section 2.02(f). (c) Seller shall deliver to Buyer certificates in valid form evidencing the Shares, duly endorsed in blank or accompanied by duly executed stock powers. (d) Buyer shall pay the Initial Purchase Price to Seller. (e) Buyer and Seller shall execute and deliver a cross- receipt acknowledging receipt from the other, respectively, of the Shares and the Initial Purchase Price. (f) The closing under the Accounts Receivable Purchase Agreement will take place.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Specialty Foods Corp), Stock Purchase Agreement (Specialty Foods Acquisition Corp)
Procedures at Closing. At the Closing, the parties shall take the following steps (provided, however, that upon their completion all such steps shall be deemed to have occurred simultaneously):
(a) The Seller shall deliver to the Buyer the documents referred to in Section 2.01(g)Article 8.
(b) The Buyer shall deliver to the Seller the documents referred to in Section 2.02(f)Article 9.
(c) The Seller shall deliver to the Buyer certificates in valid form evidencing the Shares, duly endorsed in blank or accompanied by duly executed stock powers.
(d) The Buyer shall pay the Initial Purchase Price to the Seller.
(e) The Buyer and the Seller shall execute and deliver a cross- cross-receipt acknowledging receipt from the other, respectively, of the Shares and the Initial Purchase Price.
(f) The closing under the Accounts Receivable Purchase Agreement will shall take place.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Specialty Foods Acquisition Corp), Stock Purchase Agreement (Specialty Foods Corp)
