Manner of Delivery of Shares Clause Samples
The "Manner of Delivery of Shares" clause defines the specific process by which shares are transferred or delivered from one party to another in a transaction. It typically outlines whether the shares will be delivered electronically through a clearing system, by physical share certificates, or via book-entry transfer, and may specify the timing and documentation required for the delivery. This clause ensures that both parties have a clear understanding of the logistics and requirements for completing the share transfer, thereby reducing the risk of disputes or delays in the transaction.
Manner of Delivery of Shares. At the Closing, the Seller shall deliver to the Purchaser certificates evidencing the Shares endorsed in blank, or accompanied by valid stock powers duly executed in blank, in proper form for transfer.
Manner of Delivery of Shares. At the Closing, the Company shall deliver to Purchaser an irrevocable instruction letter to its transfer agent to issue to Purchaser a stock certificate representing all of the Acquired Stock (the "Instruction Letter").
Manner of Delivery of Shares. At the Closing, each Seller shall deliver to the Purchaser (or to such person as the Purchaser may designate in writing to such Seller) certificates evidencing the Shares described opposite such Seller's name in Schedule A hereto, accompanied by duly executed stock powers, in proper form for transfer of such shares to the Purchaser.
Manner of Delivery of Shares. At the Closing, the Stockholders, Germany LP and Luxembourg LP, respectively, shall deliver to Purchaser certificates evidencing the Purchased Shares of AIMCOR, Enterprises and AIMCOR Luxembourg, duly endorsed in blank, or accompanied by valid stock powers duly executed in blank, in proper form for transfer, with all necessary stock transfer stamps affixed, and duly executed instruments of transfer of all participation interests of AIMCOR Germany.
Manner of Delivery of Shares. At the Closing, Seller shall deliver to Buyer a certificate representing all of the Acquired Stock, duly endorsed for transfer or accompanied by duly executed stock powers with all requisite state and federal transfer stamps, if any, affixed thereto.