Common use of Payment and Delivery of Certificates Clause in Contracts

Payment and Delivery of Certificates. (a) At any Option Closing, ------------------------------------- Grantee 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 at such Option Closing.

Appears in 3 contracts

Samples: Stock Option Agreement (Centocor Inc), Stock Option Agreement (Alza Corp), Stock Option Agreement (Skytel Communications Inc)

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Payment and Delivery of Certificates. (a) At any Option Closing------------------------------------- Closing Date, ------------------------------------- Grantee will 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 at such Option ClosingClosing Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Gec Acquisition Corp), Stock Option Agreement (Gec Acquisition Corp)

Payment and Delivery of Certificates. (a) At any the Option Closing, ------------------------------------- Grantee will 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 at such Option ClosingShares.

Appears in 2 contracts

Samples: Green Stock Option Agreement (CSX Corp), White Stock Option Agreement (CSX Corp)

Payment and Delivery of Certificates. (a) At any the Option Closing, ------------------------------------- Grantee will 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 product of (x) the Purchase Price multiplied by and (y) the number of Option Shares shares being purchased pursuant to be purchased at such Option Closingthe exercise of the Option.

Appears in 2 contracts

Samples: Option Agreement (At&t Corp), Annex a Option Agreement (Vanguard Cellular Systems Inc)

Payment and Delivery of Certificates. (a) At any the Option Closing, ------------------------------------- Grantee 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 at such the Option ClosingClosing plus the amount of any transfer, stamp or other similar taxes or charges imposed in connection therewith.

Appears in 2 contracts

Samples: Stock Option Agreement (United Parcel Service Inc), Stock Option Agreement (Fritz Companies Inc)

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Payment and Delivery of Certificates. (a) At any Option Closing, ------------------------------------- ------------------------------------ Grantee 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 at such Option ClosingClosing plus the amount of any transfer, stamp or other similar taxes or charges imposed in connection therewith.

Appears in 1 contract

Samples: Stock Option Agreement (Ortel Corp/De/)

Payment and Delivery of Certificates. (a) At any Option Closing, ------------------------------------- Grantee 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 at such Option ClosingClosing plus the amount of any transfer, stamp or other similar taxes or charges imposed in connection therewith.

Appears in 1 contract

Samples: Stock Option Agreement (International Network Services)

Payment and Delivery of Certificates. (a) At any the Option Closing, ------------------------------------- Grantee 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 at such Option Closing; provided that failure or refusal of Issuer to designate such a bank account shall not preclude Grantee from exercising the Option.

Appears in 1 contract

Samples: Stock Option Agreement (U S Bioscience Inc)

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