Common use of PAYMENT OF CASH AND THE NEW MCSC SHARES Clause in Contracts

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of TBS Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the Purchase Price as set forth in Section 2.3(b) hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Miami Computer Supply Corp)

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PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of TBS MW Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the Purchase Price cash and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Gilson H Clark as Trustee of the Gilson Trust)

PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of TBS CMS Common Stock, MCSC MTAC shall have delivered to the Stockholders on the Closing Date the Purchase Price cash and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

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PAYMENT OF CASH AND THE NEW MCSC SHARES. Against receipt of the certificates representing 100% of the issued and outstanding shares of TBS BRITCO Common Stock, MCSC shall have delivered to the Stockholders on the Closing Date the Purchase Price Promissory Note and the New MCSC Shares as set forth in Section 2.3(b) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

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