Deliveries at the Initial Closing. At the Initial Closing each --------------------------------- Purchaser shall deliver to the Company the purchase price for the respective Initial Shares to be acquired by such Purchaser by wire transfer of immediately available funds, and the Company shall deliver to such Purchaser one or more certificates representing its respective Initial Shares, which certificates shall be duly registered in such name as the Purchaser shall have specified to the Company prior to the Initial Closing.
Deliveries at the Initial Closing. (a) At the Initial Closing, Comcast shall deliver to BTH the Initial Closing Payment as set forth in Section 1.2.
Deliveries at the Initial Closing. At the Initial Closing:
Deliveries at the Initial Closing. At the Initial Closing, (i) Escrow Agent will release to the Buyer stock certificates representing the Target Shares then held in the Escrow Account, endorsed in blank or accompanied by duly executed assignment documents, (ii) the Buyer and the Sellers will execute and deliver to the Escrow Agent a Joint Notice in form and substance reasonably acceptable to the Escrow Agent instructing the Escrow Agent to release the Target Shares held by it to the Buyer; and (iii) the Buyer and the Escrow Agent will deliver to the Sellers the consideration specified in Section 2(b)(iv) if ASSI has delivered the shares described in Section 2(b)(iii) or the consideration specified in Section 2(b)(v) if Seller has not delivered the shares described in Section 2(b)(iii).
Deliveries at the Initial Closing. At the Initial Closing, (A) Borrower shall deliver to Lender the various certificates, instruments and documents referred to in Section 8(a) below, (B) Lender will deliver to Borrower the various certificates, instruments and documents referred to in Section 8(b) below, (C) Borrower shall deliver to Lender a duly authorized and executed stock certificate representing 1,500,000 Preferred Shares that are convertible into the Conversion Shares pursuant to the Articles of Amendment free and clear of all Encumbrances, (D) Borrower will deliver to Lender one executed Note in a Principal Amount equal to five hundred thousand dollars ($500,000) and a second executed Note in a Principal Amount equal to one hundred thousand dollars ($100,000) with such second Note providing that it shall not be convertible into Conversion Shares until such time as there are sufficient authorized Borrower Common Shares available for such conversion and (E) Lender will deliver to Borrower one million five hundred thousand dollars ($1,500,000) as consideration for the Preferred Shares and six hundred thousand dollars ($600,000) as consideration for the Notes delivered at the Initial Closing for a total of two million one hundred thousand dollars ($2,100,000) by wire transfer of immediately available funds to an account designated by Borrower at least five days prior to the Initial Closing.
Deliveries at the Initial Closing. The Initial Closing shall be completed when each of the following has been delivered, all of which shall be deemed to have taken place simultaneously:
Deliveries at the Initial Closing. (a) At the Initial Closing, the Company shall deliver to Investor:
Deliveries at the Initial Closing. At the Initial Closing, the Members shall deliver to Pegasus: (i) a certificate of ownership in the form attached hereto as Exhibit 1.4.1 representing the Initial Membership Interest purchased by Pegasus; (ii) a fully executed Software Development and License Agreement in the form attached hereto as Exhibit 1.4.2; (iii) a resolution and agreement of the Members approving the transactions contemplated by this Agreement in the form attached hereto as Exhibit 1.4.3; (iv) an investment representation letter in the form attached hereto as Exhibit 1.4.4 executed by each of the Members; and (v) the various certificates, instruments and documents referred to in Articles 2 and 5. At the Initial Closing, Pegasus shall deliver to the Member Representative for the benefit of the Members: (i) a wire transfer or check in the amount of $2 Million payable to the Member Representative; (ii) a certificate in the name of the Member Representative representing the number of Pegasus shares of common stock that equal $3 Million at the Closing Price; (iii) written termination of the bridge loans advanced by Pegasus to GETS and related agreements; and (iv) the various certificates, instruments and documents referred to in Article 3.
Deliveries at the Initial Closing. (a) At the Initial Closing, the Parent shall, or shall cause the Company to, deliver to Lender:
Deliveries at the Initial Closing. At or prior to the Initial Closing, the parties hereto shall make the following deliveries and take the following actions:
