Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to Issuer at the address of Issuer specified in Section 12(f) hereof.
Appears in 12 contracts
Samples: Reorganization and Merger Agreement (Cecil Bancorp Inc), Stock Option Agreement (1855 Bancorp), Affiliation and Merger Agreement (1855 Bancorp)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f) hereof.
Appears in 9 contracts
Samples: Stock Option Agreement (Bryan Bancorp of Georgia Inc), Stock Option Agreement (Bb&t Corp), Stock Option Agreement (First Charter Corp /Nc/)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f) hereof13(f).
Appears in 4 contracts
Samples: Stock Option Agreement (Peoples Bank), Option Agreement (Union Planters Corp), Agreement and Plan of Merger (Execufirst Bancorp Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(fSECTION 12(F) hereof.
Appears in 4 contracts
Samples: Stock Option Agreement (First Bancorp /Nc/), Stock Option Agreement (First Bancorp /Nc/), Stock Option Agreement (First Savings Bancorp Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder Grantee shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f) hereofherein.
Appears in 4 contracts
Samples: Stock Option Agreement (NBC Capital Corp), Stock Option Agreement (FFBS Bancorp Inc), Stock Option Agreement (Cenit Bancorp Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in subsection (f) of Section 12(f) 11 hereof.
Appears in 3 contracts
Samples: Stock Option Agreement (Richmond County Financial Corp), Stock Option Agreement (Richmond County Financial Corp), Stock Option Agreement (Central Bancorporation /Wa/)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to Issuer at the address of Issuer specified in Section 12(f) hereof.and
Appears in 3 contracts
Samples: Stock Option Agreement (Fortis Inc /Nv/), Stock Option Agreement (Alden John Financial Corp), Stock Option Agreement (Union Planters Corp)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder Grantee shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f13(f) hereof.
Appears in 3 contracts
Samples: Stock Option Agreement (Barnett Banks Inc), Stock Option Agreement (First Citizens Financial Corp), Stock Option Agreement (Oxford Resources Corp)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to Issuer at the address of Issuer specified in Section 12(f14(f) hereofof this Agreement; provided that failure or refusal of Issuer to designate a bank account shall not preclude Holder from exercising the Option.
Appears in 2 contracts
Samples: Stock Option Agreement (Atlantic Bank of New York), Stock Option Agreement (Yonkers Financial Corp)
Payment and Delivery of Certificates. (a) a. On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f13(f) hereof.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Union Planters Corp), Stock Option Agreement (First Mutual Bancorp Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall Grantee shall: (i) pay to Issuer, in cash in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, ; and (ii) present and surrender this Agreement to Issuer at the address of Issuer specified in Section 12(f10(f) hereof.
Appears in 2 contracts
Samples: Stock Option Agreement (Gamma Biologicals Inc), Stock Option Agreement (Immucor Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f14(f) hereofof this Agreement; provided that failure or refusal of Issuer to designate a bank account shall not preclude Holder from exercising the Option.
Appears in 1 contract
Samples: Stock Option Agreement (American Financial Holdings Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to Issuer at the address of Issuer specified in Section 12(f) hereof.Purchase
Appears in 1 contract
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(fSECTION 12(F) hereof.
Appears in 1 contract
Payment and Delivery of Certificates. (a) On each Closing Date, Holder Grantee shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f) hereof13(f).
Appears in 1 contract
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f12(g) hereof.
Appears in 1 contract
Samples: Stock Option Agreement (Boston Private Financial Holdings Inc)
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f) hereof18 of the Acquisition Agreement.
Appears in 1 contract
Payment and Delivery of Certificates. (a) On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, Date and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 12(f13(f) hereofof this Agreement; provided that failure or refusal of Issuer to designate a bank account shall not preclude Holder from exercising the Option.
Appears in 1 contract
Samples: Stock Option Agreement (South Jersey Financial Corp Inc)
