Common use of Consummation of Co-Sale Clause in Contracts

Consummation of Co-Sale. A Purchaser may exercise the Right of Co-Sale by delivering to the Founder at the closing of the transfer of Offered Stock to such transferee (the "Closing") one or more certificates, properly endorsed for Transfer, representing such stock to be transferred by the Purchaser. At the Closing, such certificates or other instruments will be transferred and delivered to the transferee set forth in the Founder's Notice in consummation of the transfer of the Offered Stock pursuant to the terms and conditions specified in such notice, and the Founder will remit, or will cause to be remitted, to the Purchaser within seven (7) days after such Closing that portion of the proceeds of the Transfer to which the Purchaser is entitled by reason of the Purchaser's participation in such transfer pursuant to the Right of Co-Sale.

Appears in 2 contracts

Samples: Sale Agreement (Imanage Inc), Sale Agreement (Imanage Inc)

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Consummation of Co-Sale. A Purchaser may exercise the Each Investor that exercises its Right of ----------------------- Co-Sale by delivering shall deliver to the Founder at the closing of the transfer of Offered Stock to such transferee (the "Closing") one or more certificates, properly ------- endorsed for Transfer, representing such stock to be transferred by the Purchasersuch Investor. At the Closing, such certificates or other instruments will be transferred and delivered to the transferee set forth in the Founder's Notice in consummation of the transfer of the Offered Stock pursuant to the terms and conditions specified in such notice, and the Founder will remit, or will cause to be remitted, to the Purchaser such Investor within seven three (73) business days after such Closing that portion of the proceeds of the Transfer to which the Purchaser such Investor is entitled by reason of the Purchasersuch Investor's participation in such transfer pursuant to the Right of Co-Sale.

Appears in 1 contract

Samples: Stockholders' Agreement (Emusic Com Inc)

Consummation of Co-Sale. A Purchaser may exercise the Right of ----------------------- Co-Sale by delivering to the Founder Crane at the closing of the transfer of Offered Stock to such transferee (the "Closing") one or more certificates, properly endorsed for Transfer, representing such stock Stock to be transferred Transferred by the Purchaser. At the Closing, such certificates or other instruments will be transferred and delivered to the transferee set forth in the Founder's xx Xxxxx'x Notice in consummation of the transfer of the Offered Stock pursuant to the terms and conditions specified in such notice, and the Founder Crane will remit, or will cause to be remitted, to the Purchaser within seven (7) days after such Closing that portion of the proceeds of the Transfer to which the Purchaser is entitled by reason of the Purchaser's participation in such transfer pursuant to the Right of Co-Sale.

Appears in 1 contract

Samples: Voting Agreement (Comps Com Inc)

Consummation of Co-Sale. A Purchaser may exercise the Right of ----------------------- Co-Sale by delivering to the Founder Crane at the closing of the transfer of Offered Stock to such transferee (the "Closing") one or more certificates, properly endorsed for Transfer, representing such stock Stock to be transferred Transferred by the Purchaser. At the Closing, such certificates or other instruments will be transferred and delivered to the transferee set forth in the FounderCrane's Notice in consummation of the transfer of the Offered Stock pursuant to the terms and conditions specified in such notice, and the Founder Crane will remit, or will cause to be remitted, to the Purchaser within seven (7) days after such Closing that portion of the proceeds of the Transfer to which the Purchaser is entitled by reason of the Purchaser's participation in such transfer pursuant to the Right of Co-Sale.

Appears in 1 contract

Samples: Voting Agreement (Comps Com Inc)

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Consummation of Co-Sale. A Purchaser Co-Selling Member may exercise consummate the Right of Co-Sale by delivering to the Founder Selling Member at the closing of the transfer of Offered Stock Interest to such transferee (the "Closing") one or more certificates, properly endorsed for Transfer, representing such stock to be transferred by the PurchaserCo-Selling Member. At the Closingclosing, such certificates or other instruments will be transferred and delivered to the transferee set forth in the Founder's Selling Member’s Notice in consummation of the transfer of the Offered Stock Interest pursuant to the terms and conditions specified in such notice, and the Founder Selling Member will remit, or will cause to be remitted, to the Purchaser Co-Selling Member within seven (7) days after such Closing closing that portion of the proceeds of the Transfer to which the Purchaser Co-Selling Member is entitled by reason of the Purchaser's Co-Selling Member’s participation in such transfer pursuant to the Right of Co-Sale.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nurx Pharmaceuticals, Inc.)

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