Common use of Certificates Suitable for Transfer Clause in Contracts

Certificates Suitable for Transfer. The Securities to be sold by such Selling Shareholder pursuant to this Agreement will, at the Closing Time and the Additional Closing Time, be certificated securities in registered form and will not be held in any securities account or by or through any securities intermediary within the meaning of the Uniform Commercial Code as in effect in the State of New York (the "UCC"). Certificates for all of the Securities to be sold by such Selling Shareholder pursuant to this Agreement, in suitable form for transfer by delivery or accompanied by duly executed and effective instruments of transfer or assignment indorsed to the Underwriter or in blank with signatures guaranteed, will be delivered at the Closing Time and the Additional Closing Time to the Underwriter pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Endurance Specialty Holdings LTD), Purchase Agreement (Endurance Specialty Holdings LTD)

AutoNDA by SimpleDocs

Certificates Suitable for Transfer. The Securities to be sold by such Selling Shareholder pursuant to this Agreement will, at the Closing Time and the Additional Closing Time, be certificated securities in registered form and will not be held in any securities account or by or through any securities intermediary within the meaning of the Uniform Commercial Code as in effect in the State of New York (the "β€œUCC"”). Certificates for all of the Securities to be sold by such Selling Shareholder pursuant to this Agreement, in suitable form for transfer by delivery or accompanied by duly executed and effective instruments of transfer or assignment indorsed to the Underwriter or in blank with signatures guaranteed, will be delivered at the Closing Time and the Additional Closing Time to the Underwriter pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Endurance Specialty Holdings LTD)

AutoNDA by SimpleDocs

Certificates Suitable for Transfer. The Securities to be sold by such Selling Shareholder pursuant to this Agreement will, at the Closing Time and the Additional Closing Timeas of each Date of Delivery (if any), be certificated securities in registered form and will not be held in any securities account or by or through any securities intermediary within the meaning of the Uniform Commercial Code as in effect in the State of New York (the "UCC"). Certificates for all of the Securities to be sold by such Selling Shareholder pursuant to this Agreement, in suitable form for transfer by delivery or accompanied by duly executed and effective instruments of transfer or assignment indorsed to the Underwriter Underwriters or in blank with signatures guaranteed, will be delivered at will, prior to the Closing Time and Time, have been placed in custody with Equiserve Trust Company, N.A. (the Additional Closing Time "Custodian") with irrevocable conditional instructions to deliver such Securities to the Underwriter Underwriters pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Endurance Specialty Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.