Common use of Put Closing Clause in Contracts

Put Closing. The closing of any purchase under section 18.1.1 shall be held at a place and date specified by the Buyer by written notice given to Seller not more than twenty (20) days after the Seller shall have exercised the option pursuant hereto; the date of the closing shall not be more than thirty (30) days after the Seller shall have exercised the option pursuant to Section 18.1. 1. At the closing, (i) the Seller shall deliver to Buyer a certificate or certificates for the Shares of Consideration Stock so transferred duly endorsed in blank and with all required stock transfer stamps attached, if any, and (ii) Buyer or its designee shall pay to Seller the purchase price for such Shares after first deducting any amounts then outstanding under the Loan as an offset to the Loan. The purchase price shall be payable by wire transfer of immediately available funds to an account specified by the Seller by written notice given to Buyer at least two business days before the closing.

Put Closing. The closing of any purchase under section 18.1.1 18.1 shall be held at a place and date specified by the Buyer by written notice given to Seller all record holders not more than twenty ten (2010) days after the Seller any such record holder shall have exercised the option pursuant hereto; the date of the closing shall not be more than thirty (30) days after the Seller record holder shall have exercised the option pursuant to Section 18.118. 1. At the closing, (i) the Seller holder of the Consideration Stock who is the subject of the "put" shall deliver to Buyer a certificate or certificates for all the Shares shares of Consideration Stock so transferred being transferred, duly endorsed in blank and with all required stock transfer stamps attached, if any, and (ii) Buyer or its designee shall pay to Seller the holder the purchase price for such Shares after first deducting any amounts then outstanding under the Loan as an offset to the Loanshares. The purchase price shall be payable by wire transfer of immediately available funds to an account specified by the Seller holder(s) by written notice given to Buyer at least two business days before the closing.

Put Closing. The closing of any purchase under section 18.1.1 Section 18.2.1 shall be held at a place and date specified by the Buyer by written notice given to Seller not more than twenty (20) days after the Seller shall have exercised the option pursuant hereto; the date of the closing shall not be more than thirty (30) days after the Seller shall have exercised the option pursuant to Section 18.118.2. 1. At the closing, (i) the Seller shall deliver to Buyer a certificate or certificates for all the Shares of Consideration Additional Stock so transferred duly endorsed in blank and with all required stock transfer stamps attached, if any, and (ii) Buyer or its designee shall pay to Seller the purchase price for such the Shares after first deducting any amounts then outstanding under the Loan as an offset to the Loan. The purchase price shall be payable by wire transfer of immediately available funds to an account specified by the Seller by written notice given to Buyer at least two business days before the closing.