RETURN OF STOCK. Each Facility Company will promptly report to Burdale any return of Stock by an account debtor where that Stock has a value in excess of $75,000. At any time that any Stock (irrespective of its value) is returned, reclaimed or repossessed, the related Receivable will be deemed not to be an Eligible Receivable. In the event any account debtor returns Stock when an Event of Default has occurred and is continuing, such Facility Company will, upon Burdale's request:
RETURN OF STOCK. If, for any reason the Selling Principal Stockholder determines that it cannot complete the sale of all the shares of Common Stock, the Selling Principal Stockholder shall return to each Participating Stockholder all certificates representing shares of Common Stock that such Participating Stockholder delivered for sale pursuant hereto, together with all other documents delivered pursuant hereto by such Participating Stockholder, and all the restrictions on sale or other disposition contained in this Agreement with respect to such shares of Common Stock shall continue in effect.
RETURN OF STOCK. In the event of any termination of this Agreement other than pursuant to clauses (i) or (ii) of Section 7.1, Profile shall promptly return and reconvey to Licensee all shares of stock of Licensee which have been issued to Profile, including any such shares issued pursuant to that certain Stock Purchase Agreement, dated contemporaneously herewith between Profile and Licensee (the "Stock Purchase Agreement"). In reconveying said shares, Profile shall warrant that it is conveying good and marketable title thereto, free of all liens and encumbrances, but shall make no other warranty with respect to said shares of stock. Notwithstanding the foregoing,
RETURN OF STOCK. Prior to August 1, 2000, the parties shall create and attach as Schedule D to this Agreement, a schedule of terms and provisions regarding the return of certain portions of the Novint Stock and/or the MHTX Stock in the event of an MHTX Breach or a Novint Breach, as appropriate.
RETURN OF STOCK. Xxxxxx acknowledges and warrants that he has delivered to the Company’s SEC counsel Two Million (2,000,000) shares of Common Stock of the Company which is duly endorsed with a gold medallion signature guarantee. These Two Million Shares shall be delivered to Xxxxxxxx by the Company at the Closing. In addition, Meola and/or Tailor shall deliver to the Company stock certificate(s) in his/its possession for Two Million (2,000,000) shares of Common Stock of the Company.
RETURN OF STOCK. Borrower will return pursuant to this Agreement (the "return") identical securities to Lender within five days after Lender's demand given to Borrower pursuant to this paragraph.
RETURN OF STOCK. Upon the payment in full of the indebtedness in accordance with the terms of the Note and SPA, the Pledgee shall immediately deliver possession of the pledged stock to the Pledgor, and this Agreement shall terminate.
RETURN OF STOCK. Upon full and final payment of the Obligations, Lender shall return the Stock to the Pledgor.
RETURN OF STOCK. Oscher hereby assigns and transfers 3,521,405 shares of common stock of AMC (collectively "AMC Shares") to AMC. Oscher represents that the AMC Shares are free of all liens, security interests and rights of others. Delivery of said Shares to AMC shall be not later than twenty (20) days prior to the closing date of the Public Offering, i.e., February 15, 1996, or such later date as may be the case, in order that American Stock Transfer can process the transfer prior to the closing date.
RETURN OF STOCK. Upon the pledge of stock, Pledgee shall deliver with ---------------- the original stock certificates executed stock powers in blank to the Escrow Agent covering the pledged stock and the Escrow Agent shall return to the Pledgor all of the stock pledged hereunder upon the payment in full of the Indebtedness.
