Common use of Time and Place for Settlement Clause in Contracts

Time and Place for Settlement. Settlement for the purchase of Shares by NCM or by a Shareholder pursuant to the options granted in or the redemption permitted by Paragraph 8 above shall be made within sixty days following (i) the date of exercise of the last option exercised or (ii) delivery of a notice of redemption within the fifteen-day period described in subparagraph 8(b) above. All settlements for the purchase or redemption of Shares shall, unless otherwise agreed to by all of the purchasers and sellers, be held at the principal executive offices of NCM during regular business hours. The precise date and hour of settlement shall be fixed by the purchaser or purchasers and/or the board of directors of NCM with respect to redemptions (within the time limits allowed by the provision of this Agreement) by notice in writing to the Selling Shareholder given at least five days in advance of the Settlement date specified. In the event that more than one purchaser is involved in a settlement and the purchasers cannot agree on a precise time of settlement, the precise time of settlement (within the time limits allowed by the provisions of this Agreement) shall be fixed by the board of directors of NCM by five or more days' written notice to the purchasers and seller on the sixtieth day following the date of exercise of the last option or election exercised.

Time and Place for Settlement. Settlement for the purchase of Shares by NCM CMC or by a Shareholder pursuant to the options granted in or the redemption permitted by Paragraph 8 above shall be made within sixty days following (i) the date of exercise of the last option exercised or (ii) delivery of a notice of redemption within the fifteen-day period described in subparagraph 8(b) above. All settlements for the purchase or redemption of Shares shall, unless otherwise agreed to by all of the purchasers and sellers, be held at the principal executive offices of NCM CMC during regular business hours. The precise date and hour of settlement shall be fixed by the purchaser or purchasers and/or the board of directors of NCM CMC with respect to redemptions (within the time limits allowed by the provision of this Agreement) by notice in writing to the Selling Shareholder given at least five days in advance of the Settlement date specified. In the event that more than one purchaser is involved in a settlement and the purchasers cannot agree on a precise time of settlement, the precise time of settlement (within the time limits allowed by the provisions of this Agreement) shall be fixed by the board of directors of NCM CMC by five or more days' written notice to the purchasers and seller on the sixtieth day following the date of exercise of the last option or election exercised.

Time and Place for Settlement. Settlement for the purchase of Shares by NCM CHC or by a Shareholder pursuant to the options granted in or the redemption permitted by Paragraph 8 10 above shall be made within sixty days following (i) the date of exercise of the last option exercised or (ii) delivery of a notice of redemption within the fifteen-day period described in subparagraph 8(b10(b) above. All settlements for the purchase or redemption of Shares shall, unless otherwise agreed to by all of the purchasers and sellers, be held at the principal executive offices of NCM CHC during regular business hours. The precise date and hour of settlement shall be fixed by the purchaser or purchasers and/or the board of directors of NCM CHC with respect to redemptions (within the time limits allowed by the provision of this Agreement) by notice in writing to the Selling Shareholder given at least five days in advance of the Settlement date specified. In the event that more than one purchaser is involved in a settlement and the purchasers cannot agree on a precise time of settlement, the precise time of settlement (within the time limits allowed by the provisions of this Agreement) shall be fixed by the board of directors of NCM CHC by five or more days' written notice to the purchasers and seller on the sixtieth day following the date of exercise of the last option or election exercised.

Time and Place for Settlement. Settlement for the purchase of Shares by NCM CSC or by a Shareholder pursuant to the options granted in or the redemption permitted by Paragraph 8 7 above shall be made within sixty days following (i) the date of exercise of the last option exercised or (ii) delivery of a notice of redemption within the fifteen-day period described in subparagraph 8(b7(b) above. All settlements for the purchase or redemption of Shares shall, unless otherwise agreed to by all of the purchasers and sellers, be held at the principal executive offices of NCM CSC during regular business hours. The precise date and hour of settlement shall be fixed by the purchaser or purchasers and/or the board of directors of NCM CSC with respect to redemptions (within the time limits allowed by the provision of this Agreement) by notice in writing to the Selling Shareholder given at least five days in advance of the Settlement date specified. In the event that more than one purchaser is involved in a settlement and the purchasers cannot agree on a precise time of settlement, the precise time of settlement (within the time limits allowed by the provisions of this Agreement) shall be fixed by the board of directors of NCM CSC by five or more days' written notice to the purchasers and seller on the sixtieth day following the date of exercise of the last option or election exercised.