Common use of Closing of Purchase and Sale Clause in Contracts

Closing of Purchase and Sale. The closing of the purchase and sale of the Initial Units shall take place at the offices of the Company immediately following the execution of this Agreement. At the closing, the Company shall deliver to the Purchaser a certificate evidencing the Initial Units, registered in the Purchaser’s name, upon the payment of the aggregate purchase price therefor in immediately available funds by delivery of a cashiers check or by wire transfer to an account designated by the Company.

Appears in 18 contracts

Samples: Unit Subscription Agreement (International Brands Management Group LTD), Unit Subscription Agreement (Mistral Acquisition CO), Unit Subscription Agreement (International Brands Management Group LTD)

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