Common use of Action by Buyer Clause in Contracts

Action by Buyer. Simultaneously herewith, Buyer is delivering or causing to be delivered to Stockholder (in addition to the documents and instruments to be delivered by it pursuant to paragraph 3 hereof), (a) on account of the Purchase Price (i) $50,000, (ii) the Promissory Notes, (iii) certificates representing the Stock Consideration registered as directed by the Stockholder and (b) an opinion of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ LLP, counsel to the Buyer, dated the Closing Date, in substantially the form annexed hereto as Exhibit D and (c) the Assumption and Assignment Agreement.

Appears in 2 contracts

Sources: Asset and Stock Purchase Agreement (Gametek Inc), Asset and Stock Purchase Agreement (Take Two Interactive Software Inc)