Delivery of Common Stock. At such Closing, simultaneously with the payment of the purchase price by the Holder, Issuer shall deliver to the Holder a certificate or certificates representing the number of shares of Common Stock purchased by the Holder and, if the Option shall be exercised in part only, a new Option evidencing the rights of the Holder to purchase the balance (as adjusted pursuant to Section 1(b)) of the shares then purchasable hereunder.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Keystone Automotive Industries Inc), Agreement and Plan of Merger (Southern New England Telephone Co), Agreement and Plan of Merger (SBC Communications Inc)
Delivery of Common Stock. At such Closing, simultaneously with the payment of the purchase price by the Holder, Issuer shall deliver to the Holder a certificate or certificates representing the number of shares of Common Stock Shares purchased by the Holder Holder, which Shares shall be free and clear of all liens, charges, encumbrances, security interests ("Liens") or preemptive rights and, if the Option shall be exercised in part only, a new Option evidencing the rights of the Holder to purchase the balance (as adjusted pursuant to Section 1(b)) of the shares Shares then purchasable hereunderunder this Agreement.
Appears in 2 contracts
Samples: 2 Stock Option Agreement (HSB Group Inc), C Stock Option Agreement (American International Group Inc)
Delivery of Common Stock. At such Closing, simultaneously with the payment of the purchase price by the Holder, Issuer shall deliver to the Holder a certificate or certificates representing the number of shares of Common Stock purchased by the Holder and, if the Option shall be exercised in part only, a new Option option evidencing the rights of the Holder to purchase the balance (as adjusted pursuant to Section 1(bl(b)) of the shares then purchasable hereunder.
Appears in 2 contracts
Samples: Stock Option Agreement (Allied Waste Industries Inc), Stock Option Agreement (American Disposal Services Inc)
Delivery of Common Stock. At such Closingclosing, simultaneously with the subject to any requisite Notification and/or Approval having been made or given and being in full force and effect, and only following payment of the purchase price by the Holderas set forth in Section 2(e) hereof, Issuer shall deliver to the Holder Grantee a certificate or certificates representing the number of shares of Common Stock purchased by specified in the Holder Option Notice and, if the Option shall should be exercised in part only, a new Option evidencing the rights of the Holder Grantee thereof to purchase the balance (as adjusted pursuant to Section 1(b)) of the shares then of Common Stock purchasable hereunder.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Landmark Financial Corp /De)
