Endorsed Certificate definition
Examples of Endorsed Certificate in a sentence
If the Company elects to purchase the Option Shares, it shall notify the Optionee at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that the Optionee has presented to the Company a stock certificate evidencing the Option Shares duly endorsed for transfer (the "Endorsed Certificate").
The purchase price shall be paid in cash at a time specified by SEL or the Company, as applicable, within thirty (30) days after the end of the Put Period, provided that SEL or the Company, as the case may be, need not pay the purchase price until such later time that the Optionee presents to the Company the Endorsed Certificate.
The purchase price shall be paid in cash on the thirtieth (30th) day after HBRS and the Company have received notice of the Optionee's election to exercise his put right (the "Put Date"), provided that HBRS or the Company, as the case may be, need not pay the purchase price until such later time that the Optionee presents to the Company the Endorsed Certificate.
If Buyer fails to deliver the Endorsed Certificate, the Shares represented thereby shall be deemed to have been purchased upon (i) the payment by Stepup of the purchase price to Buyer or his or her permitted transferee or (ii) notice to Buyer or such permitted transferee that Stepup is holding the purchase price for the account of Buyer or such permitted transferee, and upon such payment or notice Buyer and such permitted transferee will have no further rights in or to such Shares.
If Buyer fails to deliver the Endorsed Certificate, the Shares represented thereby shall be deemed to have been purchased upon (i) the payment by the Company of the purchase price to Buyer or his or her permitted transferee or (ii) notice to Buyer or such permitted transferee that the Company is holding the purchase price for the account of Buyer or such permitted transferee, and upon such payment or notice Buyer and such permitted transferee will have no further rights in or to such Shares.
If the Company elects to purchase the Shares, it shall notify Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company within thirty (30) days after the end of the Repurchase Period, provided that Buyer has presented to the Company a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").
Any provision of this Assignment may only be amended, waived or modified upon the written consent of both the Company and the Purchaser.
If Stepup elects to purchase the Shares, it shall notify Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by Stepup (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that Buyer has presented to Stepup a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").
The purchase price shall be paid in cash on the thirtieth (30th) day after the Company has received notice of the Optionee's election to exercise his put right (the "Put Date"), provided that the Company need not pay the purchase price until such later time that the Optionee presents to the Company the Endorsed Certificate.
If the Company elects to purchase the Shares, it shall notify the Buyer at or before the end of the Repurchase Period of such election and the purchase price shall be paid in cash at a time set by the Company (the "Repurchase Date") within thirty (30) days after the end of the Repurchase Period, provided that the Buyer has presented to the Company a stock certificate evidencing the Shares duly endorsed for transfer (the "Endorsed Certificate").