Sale of Shares; Remitting Net Proceeds Sample Clauses

Sale of Shares; Remitting Net Proceeds. The Attorney-in-Fact is hereby authorized and directed to deliver or cause the Custodian or the Company’s Transfer Agent to effect the transfer of any Shares held in a book-entry position, as provided in the Underwriting Agreement, against delivery to the Attorney-in-Fact for the account of the undersigned of the purchase price of the Shares, at the time or times and in the funds specified in the Underwriting Agreement. The Attorney-in-Fact is authorized, on behalf of the undersigned, to accept and acknowledge receipt of the payment of the purchase price for the Shares and shall promptly deposit such proceeds with the Custodian. After reserving an amount of such proceeds for expenses as provided below, the Custodian shall promptly remit to the undersigned his, her or its proportionate share of the proceeds.
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Sale of Shares; Remitting Net Proceeds. The Attorneys-in-Fact are hereby authorized and directed to deliver or cause the Custodian or Pacific Community Banking Group's transfer agent to deliver certificates for the Shares to the Representatives, against delivery to the Attorneys-in-Fact, for the account of the Shareholder, of the purchase price of the Shares. The Attorneys-in-Fact are authorized, on behalf of the Shareholder, to accept and acknowledge receipt of the payment of the purchase price for the Shares and shall promptly deposit such proceeds with the Custodian. The Custodian shall promptly remit to the Shareholder his or her share of the proceeds.
Sample 1Sample 2Sample 3See All (4)
Sale of Shares; Remitting Net Proceeds. A. The Attorney-in-Fact is hereby authorized and directed to deliver or cause the Custodian or the Company's transfer agent to deliver certificates for the Shares to the Representatives, as provided in the Underwriting Agreement, against delivery to the Attorney-in-Fact for the accounts of the undersigned of the purchase price of the Shares (or, in the case of the delivery of the Exercise Securities, the excess, if any, of the aggregate purchase price of the Exercise Securities being sold by the undersigned over the aggregate exercise price of the related options listed in Schedule VII to the Underwriting Agreement), at the time and in the funds specified in the Underwriting Agreement. The Attorney-in-Fact is authorized, on behalf of the undersigned, to accept and acknowledge receipt of the payment of the purchase price for the Shares (or, in the case of Exercise Securities, the excess, if any, of the aggregate purchase price of the Exercise Securities being sold by the undersigned over the aggregate exercise price of the related options listed in Schedule VII to the Underwriting Agreement) and shall promptly deposit such proceeds with the Custodian. After reserving an amount of such proceeds as provided below, the Custodian shall promptly remit to the undersigned the undersigned's proportionate share of the proceeds.
Sample 1
Sale of Shares; Remitting Net Proceeds. A. The Attorney-in-Fact is hereby authorized and directed to deliver or cause the Custodian or the Company's Transfer Agent to deliver certificates for the Shares to the Representatives, as provided in the Underwriting Agreement, against delivery to the Attorney-in-Fact for the accounts of the undersigned of the purchase price of the Shares, at the time and in the funds specified in the Underwriting Agreement. The Attorney-in-Fact is authorized, on behalf of the undersigned, to accept and acknowledge receipt of the payment of the purchase price for the Shares and shall promptly remit to the undersigned his proportionate share of the proceeds.
Sample 1
Sale of Shares; Remitting Net Proceeds. The Attorneys-in-Fact are hereby authorized and directed to deliver or cause the Custodians or Pacific Community Banking Group's transfer agent to deliver certificates for the Shares to the Representatives, against delivery to the Attorneys-in-Fact, for the account of the Option Holder, of the purchase price of the Shares. The Attorneys-in-Fact are authorized, on behalf of the Option Holder, to accept and acknowledge receipt of the payment of the purchase price for the Shares and shall promptly deposit such proceeds with the Custodians. The Custodians shall promptly remit to the Option Holder his or her share of the proceeds, less taxes and other withholdings withheld pursuant to Section 2 of the Option Cancellation Agreement.
Sample 1
Sale of Shares; Remitting Net Proceeds. A. The Attorneys-in-Fact are hereby authorized and directed to deliver or cause the Custodian to deliver certificates for the ROA Shares to the Underwriter, as provided in the Underwriting Agreement, against delivery to the Attorneys-in-Fact for the account of the undersigned of the purchase price of the ROA Shares, which purchase price shall be net of underwriting discounts and commissions, at the time and in the funds specified in the Underwriting Agreement. The Attorneys-in-Fact are authorized, on behalf of the undersigned, to accept and acknowledge receipt of the payment of such purchase price for the ROA Shares and shall promptly deposit such proceeds with the Custodian or such other bank or financial institution designated by the undersigned. After receiving payment for expenses as provided below, the Custodian shall promptly remit to the undersigned its, his or her share of the proceeds.
Sample 1
Sale of Shares; Remitting Net Proceeds. A. The Attorneys-in-Fact are hereby authorized and directed to deliver or cause the Custodian or the Company's Transfer Agent to deliver certificates for the Shares to the Representatives, as provided in the Purchase Agreement, against delivery to the Attorneys-in-Fact for the account of the undersigned of the purchase price of the Shares, at the time or times and in the funds specified in the Purchase Agreement. The Attorneys-in-Fact are authorized, on behalf of the undersigned, to accept and acknowledge receipt of the payment of the purchase price for the Shares and shall promptly deposit such proceeds with the Custodian; PROVIDED, HOWEVER, that the Attorney(s)-in-fact shall be authorized to instruct the Underwriters to pay directly to the Company any exercise price, if any, required to be paid in connection with the issuance of the Future Shares. After reserving an amount of such proceeds for expenses as provided below and for Transfer Taxes, if any, the Custodian shall promptly remit to the undersigned his proportionate share of the proceeds in accordance with the instructions of the undersigned as set forth in the "Manner of Payment" section on the signature page hereto.
Sample 1
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Related to Sale of Shares; Remitting Net Proceeds

  • SALE AND ISSUANCE OF SHARES Subject to the terms and conditions of this Agreement, the Trustees agree to sell to the Purchaser, and the Purchaser agrees to purchase from the Trustees 8,028 common shares of beneficial interest, par value $0.001, representing undivided beneficial interests in the Trust (the "Shares") at a price per Share of $14.325 for an aggregate purchase price of $115,001.

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

  • Proceeds from Shares Sold The Custodian shall receive funds representing cash payments received for shares issued or sold from time to time by each Fund, and shall credit such funds to the account of the appropriate Fund. The Custodian shall notify the appropriate Fund of Custodian's receipt of cash in payment for shares issued by such Fund by facsimile transmission or in such other manner as such Fund and the Custodian shall agree. Upon receipt of Instructions, the Custodian shall: (a) deliver all federal funds received by the Custodian in payment for shares as may be set forth in such Instructions and at a time agreed upon between the Custodian and such Fund; and (b) make federal funds available to a Fund as of specified times agreed upon from time to time by such Fund and the Custodian, in the amount of checks received in payment for shares which are deposited to the accounts of such Fund.

  • Sale and Repurchase of Shares (a) Distributor will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(d) hereof) stated in the Trust's effective Registration Statement on Form N-1A under the Act and the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Distributor has a dealer agreement, Distributor will promptly cause such order to be filled by the Trust. All dealer agreements shall be in such form as has been approved by the Trust.

  • Sale of Shares by the Trust The Trust reserves the right to issue any Shares at any time directly to the holders of Shares ("Shareholders"), to sell Shares to its Shareholders or to other persons at not less than net asset value and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

  • Subsequent Acquisition of Shares Any Equity Securities of PubCo acquired subsequent to the Effective Date by a Holder shall be subject to the terms and conditions of this Investor Rights Agreement and such shares shall be considered to be “Registrable Securities” as such term is used in this Investor Rights Agreement.

  • Acquisition of Shares for Investment Sellers are acquiring the shares comprising the Stock Consideration for investment and not with a view toward sale in connection with any distribution thereof in violation of the Securities Act. Parent hereby acknowledges and agrees that the shares comprising the Stock Consideration may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under such Act, and without compliance with state and foreign securities Laws, in each case, to the extent applicable.

  • Sales of Shares by the Trust In addition to sales by the Distributor, the Trust reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split or to sell shares to its shareholders or other persons at not less than net asset value to the extent that the Trust, its officers, or other persons associated with the Trust participate in the sale, or to the extent that the Trust or the transfer agent for its shares receive purchase requests for shares.

  • Sale of Shares by the Fund Unless you are otherwise notified by the Fund, any right granted to you to accept orders for Shares or to make sales on behalf of the Fund or to purchase Shares for resale will not apply to (i) Shares issued in connection with the merger or consolidation of any other investment company with the Fund or its acquisition, by purchase or otherwise, of all or substantially all of the assets of any investment company or substantially all the outstanding shares of any such company, and (ii) to Shares that may be offered by the Fund to shareholders of the Fund by virtue of their being such shareholders.

  • Issuance and Repurchase of Shares The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and, subject to the more detailed provisions set forth in Articles VIII and IX, to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property whether capital or surplus or otherwise, to the full extent now or hereafter permitted corporations formed under the Delaware General Corporation Law.

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