Common use of Sale of Shares; Remitting Net Proceeds Clause in Contracts

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.

Sale of Shares; Remitting Net Proceeds. (a) The AttorneyAttorneys-in-Fact is are hereby authorized and directed to deliver or cause the Custodian or the Company’s 's Transfer Agent to effect deliver certificates for the transfer of any Shares held to the Purchasers, in a book-entry position, as provided in accordance with the Underwriting applicable Purchase Agreement, against delivery to the AttorneyAttorneys-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 applicable Purchase Agreement. The AttorneyAttorneys-in-Fact is 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. After reserving an amount of such proceeds for expenses as provided below, the Custodian shall promptly remit to the undersigned his, her or its his proportionate share of the proceeds.

Sale of Shares; Remitting Net Proceeds. The AttorneyAttorneys-in-Fact is are hereby authorized and directed to deliver or cause the Custodian or the Company’s Transfer Agent 's transfer agent to effect deliver certificates for the transfer of any Shares held in a book-entry positionto the Representatives, as provided in the Underwriting Agreement, against delivery to the AttorneyAttorneys-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 AttorneyAttorneys-in-Fact is 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. After reserving an amount of such proceeds for expenses as provided below, the The Custodian shall promptly remit to the undersigned his, her or its proportionate share of the proceedsproceeds (net of the undersigned's proportionate share of the Underwriters' discount and any applicable stamp, transfer or similar taxes).

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 's Transfer Agent to effect deliver certificates for the transfer of any Shares held in a book-entry positionto the Underwriters, 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 to execute and deliver a receipt for such payment to the Representative 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 his proportionate share of the proceeds.