Common use of Payments and Deliveries Clause in Contracts

Payments and Deliveries. On May 12, 2017 or, if such day is not a Clearance System Business Day, on the next Clearance System Business Day immediately following such day (the “Delivery Date”), Company shall deliver to Dealer, to the account specified in Section 7 hereof, a number of Shares to be agreed separately by Company and Dealer (the “Share Settlement Amount”).

Appears in 3 contracts

Samples: Warrant Termination Agreement (KAMAN Corp), Warrant Termination Agreement (KAMAN Corp), Warrant Termination Agreement (KAMAN Corp)

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Payments and Deliveries. On May 12, 2017 or, if such day is not a Clearance System Business Day, on the next Clearance System Business Day immediately following such day (the “Delivery Payment Date”), Company Dealer shall deliver pay to DealerCompany, to the account specified in Section 7 hereof, a number of Shares in immediately available funds cash in an amount to be agreed separately by Company and Dealer (the “Share Cash Settlement Amount”).

Appears in 3 contracts

Samples: Call Option Termination Agreement (KAMAN Corp), Call Option Termination Agreement (KAMAN Corp), Option Termination Agreement (KAMAN Corp)

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