Terms, Time and Place of Closing Sample Clauses

Terms, Time and Place of Closing. (a) Except as otherwise specifically provided by the terms of this Article, the purchase price of any Bank Stock purchased by the Company from any Investor pursuant to the terms of this Article shall be paid by delivery of a certified or cashier's check payable to the order of the selling Investor or Investors in the amount of the purchase price prescribed by the terms of this Article.
Sample 1
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Terms, Time and Place of Closing. (a) Except as otherwise specifically provided by the terms of this Article, the purchase price of any Bank Stock purchased by the Company or its successor from any Investor pursuant to the terms of this Article 3 shall be paid by wire transfer of immediately available funds to the selling Investor or Investors in the amount of the purchase price prescribed by the terms of this Article 3.
Sample 1
Terms, Time and Place of Closing. (a) Except as otherwise specifically provided by the terms of this Article, the purchase price of any Summit Stock purchased by the Company or its successor from any Investor pursuant to the terms of this Article shall be paid by wire transfer of immediately available funds to the selling Investor or Investors in the amount of the purchase price prescribed by the terms of this Article.
Sample 1
Terms, Time and Place of Closing. (a) Except as otherwise specifically provided by the terms of this Article, the purchase price of any Bank Stock purchased by the Company or its successor from any Investor pursuant to the terms of this Article 3 shall be paid by wire transfer of immediately available funds to the selling Investor or Investors in the amount of the purchase price prescribed by the terms of this Article 3. (b) Except as otherwise specifically provided by the terms of this Article 3, the closing of the purchase and sale of any Bank Stock to be purchased and sold pursuant to the provisions of this Article (the “Closing”) shall be held at such place and time and on such date as may mutually be agreed upon in writing by the Investor and the Company, or, if they fail to agree, at the main office of the Company at 10:00 a.m. on the later of: (i) the tenth (10th) Business Day (as defined below) following the determination of the purchase price to be paid in connection with such purchase of such Bank Stock; (ii) thirty (30) Business Days following the action or occurrence that triggers the obligation to purchase such Bank Stock; and (iii) five (5) Business Days after the receipt of any necessary regulatory approvals for such purchase. (c) Except as otherwise specifically provided by the terms of this Article 3, at the Closing, the Company shall make the delivery described in subsection (a) of this Section and the selling Investor shall deliver to the Company free and clear of all liens, claims and encumbrances (other than those imposed by this Agreement and evidenced by the legend provided for below), a certificate or certificates representing the Bank Stock to be purchased and sold, duly endorsed in blank, with all taxes on the transfer, if any, paid by the transferor thereof. (d) The consummation of any purchase of Bank Stock pursuant to this Article (the “Sale Stock”) shall be subject to the receipt by the Company of any necessary regulatory approvals, which the Company agrees to use its commercially reasonable best efforts to obtain as soon as practicable, provided, however, that if the Company is unable to obtain such regulatory approvals within one hundred twenty (120) days after the last date provided in Section 3.4(b)(i) or Section 3.4(b)(ii), or such longer period of time as may be mutually agreed upon by the Company and the sellers of the Sale Stock, then: (i) each of the prospective sellers of the Sale Stock shall be released from any further obligations pursuant to the t...
Sample 1

Related to Terms, Time and Place of Closing

  • Time and Place of Closing The closing of the transactions contemplated hereby (the "Closing") will take place at 9:00 A.M. on the date that the Effective Time occurs (or the immediately preceding day if the Effective Time is earlier than 9:00 A.M.), or at such other time as the Parties, acting through their authorized officers, may mutually agree. The Closing shall be held at such location as may be mutually agreed upon by the Parties.

  • Date, Time and Place of Closing The date, time and place of the transactions contemplated hereunder shall be the day the Operating Partnership receives the proceeds from the Public Offering from the underwriter(s), at 10:00 a.m. in the office of Xxxxxx & Xxxxxxx LLP, 00000 Xxxx Xxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx (the “

  • Time and Place of the Closing If the conditions referred to in Article 9 and Article 10 have been satisfied or waived in writing, and subject to any extensions provided for herein, the consummation of the transactions contemplated by this Agreement (the “Closing”) shall take place at the offices of Akin, Gump, Strauss, Xxxxx & Xxxx, L.L.P., whose address is 0000 Xxxxxxxxx, 00xx Xxxxx, Xxxxxxx, XX 00000, at 10:00 a.m. Houston, Texas time on October 1, 2013, or such other date that is mutually agreed by the Parties or to which the Closing is postponed pursuant to this Agreement (the “Closing Date”).

  • Date and Place of Closing The closing (the “Closing”) hereunder with respect to the issuance and sale of the shares of Common Stock and the consummation of the related transactions contemplated hereby shall, subject to the satisfaction or waiver of the applicable conditions set forth in Article VII, take place at the offices of Xxxxxx & Xxxxxxxxx, P.C., 0 Xxxxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxx 00000 at the same time and on the same date (the “Closing Date”) as the closing of the sale of the Debenture.

  • Place of Closing The Closing shall take place at Seller's offices located at 0000 Xxxxxxxx Xxxxx, Xxxxxxxx, Xxxxx, or such other place as the Parties may agree in writing.

  • Place and Time of Closing (a) Subject to the conditions precedent set forth herein having been met or waived, the Closing will take place on or before 30 days after expiration of due diligence and finance contingencies, whichever is later, unless extended as otherwise set forth in this Agreement, time being of the essence. As used herein the term "

  • Time and Place The closing for the exchange (the "Closing") will be held at the offices of Klehr, Harrison, Xxxxxx, Xxxxxxxxx & Xxxxxx LLP ("KHHBE"), located at 0000 Xxxxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000-0000, on May 4, 1998 (the "Closing Date") or as soon as practicable after the satisfaction of the condition set forth in Section 8.1 hereof, provided that, if the Closing has not been completed by May 31, 1998, this Agreement will terminate and neither party will have any further obligations to the other except for any breach of its obligations hereunder.

  • Place and Date of Closing Subject to the terms and conditions hereof, the purchase, sale and issuance of the Notes and the Warrants (collectively, the “Securities”) shall take place shall take place at one or more closings (each of which is referred to in this Agreement as a “Closing”) as follows:

  • Notices, time and place of delivery a) The Sellers shall keep the Buyers well informed of the Vessel’s itinerary and shall provide the Buyers with 30, 21 and 14 days approximate notice of the intended port and delivery date of and 7 and 3 days definite notice of the delivery of the Vessel and her delivery port. When the Vessel is at the place of delivery and in every respect physically ready for delivery in accordance with this Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery.

  • Time and Place of Meetings All meetings of stockholders shall be held at such place, either within or without the State of Delaware, on such date and at such time as may be determined from time to time by the Board of Directors (or the Chairman in the absence of a designation by the Board of Directors).

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