Effective Date; Settlements Clause Samples

Effective Date; Settlements. On January 14, 2019 or a later date mutually agreed upon by the Company and Seller, Seller will transfer the Shares through the Company’s transfer agent, Equinity Trust Company, for the Company’s account. Upon transfer of the Shares, the Company will pay the Payment for all of the Shares purchased and sold hereunder by wire transfer of immediately available funds to such account as Seller shall have specified in writing at least one business day in advance. 4.
Effective Date; Settlements. (a) On November 12, 2018 or a later date mutually agreed upon by the Company and Seller, Seller will transfer the Shares through the Depositary Trust Company to the Company’s transfer agent, Equinity Trust Company, for the Company’s account. Upon transfer of the Shares, the Company will pay the Initial Payment for all of the Shares purchased and sold hereunder by wire transfer of immediately available funds to such account as Seller shall have specified in writing at least one business day in advance. (b) On or before December 7, 2018, the Company will pay the Supplemental Payment (if any) by wire transfer of immediately available funds to such account as Seller shall have specified in writing at least one business day in advance.