Common use of Payment and Delivery of Certificates Clause in Contracts

Payment and Delivery of Certificates. (a) On each Closing Date, Grantee shall 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 Option Shares to be purchased on such Closing Date.

Appears in 22 contracts

Samples: Oryx Stock Option Agreement (Oryx Energy Co), Stock Option Agreement (Agouron Pharmaceuticals Inc), Stock Option Agreement (Meritor Automotive Inc)

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Payment and Delivery of Certificates. (a) On each Closing DateAt any Option Closing, Grantee shall will pay to Issuer in immediately available funds by wire transfer to a bank account designated in writing by Issuer an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on at such Option Closing Dateplus the amount of any transfer, stamp or other similar taxes or charges imposed in connection therewith.

Appears in 8 contracts

Samples: Agreement and Plan of Reorganization (Franklin Bank Corp), Stock Option Agreement (Bank United Corp), Stock Option Agreement (Cincinnati Bell Inc /Oh/)

Payment and Delivery of Certificates. (a) On each Closing Date, Grantee shall 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 Option Shares to be purchased on such Closing Date.

Appears in 7 contracts

Samples: Stock Option Agreement (Ocular Sciences Inc /De/), Stock Option Agreement (Carolina First Corp), Reorganization Agreement (Anchor Financial Corp)

Payment and Delivery of Certificates. (a) On each Closing DateAt any Option Closing, Grantee shall pay to Issuer in immediately available funds by wire transfer to a bank account designated in writing by Issuer an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on at such Closing DateOption Closing.

Appears in 4 contracts

Samples: Company Stock Option Agreement (Newport News Shipbuilding Inc), Parent Stock Option Agreement (Newport News Shipbuilding Inc), Company Stock Option Agreement (Litton Industries Inc)

Payment and Delivery of Certificates. (a) On each Closing Date, ------------------------------------ Grantee shall 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 Option Shares to be purchased on such Closing Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Global Crossing LTD), Stock Option Agreement (Wesley Jessen Visioncare Inc)

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Payment and Delivery of Certificates. (a) On each ------------------------------------ Closing Date, Grantee shall 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 Option Shares to be purchased on such Closing Date.

Appears in 1 contract

Samples: Stock Option Agreement (Alrenco Inc)

Payment and Delivery of Certificates. (a) On each Closing DateDate referred to in Section 3(d), Grantee shall pay to Issuer in immediately available funds by a wire transfer to a bank account designated by Issuer an amount equal to the Purchase Option Price multiplied by the number of Option Shares to be purchased on such Closing Date.

Appears in 1 contract

Samples: Stock Option Agreement (Northbay Financial Corp)

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