Common use of Sale and Delivery of Shares Clause in Contracts

Sale and Delivery of Shares. If all conditions precedent to the consummation of the Conversion, including without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the Shares on the Closing Date against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 hereof shall have been complied with to the reasonable satisfaction of the Agent or its counsel. The release of Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Parties and the Agent as set forth in Section 14. Certificates for the Shares or book-entry statements, as applicable, shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agent. The date upon which the Holding Company shall release or deliver the Shares in accordance with the terms herein is called the “Closing Date.”

Sale and Delivery of Shares. If all conditions precedent to the consummation of the Conversion, including including, without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the such Shares on the Closing Date (as hereinafter defined) against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 11 hereof shall have been complied with to the reasonable satisfaction of the Agent or and its counsel. The release of Shares against payment therefor shall be made on a date and at a place mutually acceptable to the Primary Parties and the Agent as set forth in Section 14Agent. Certificates for the Shares Shares, or book-entry statements, as applicablealternatively statements of ownership for Shares, shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agentdirections. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “Closing Date.”

Sale and Delivery of Shares. If all the conditions precedent to the consummation of the Conversion, including without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the evidencing ownership of such Shares on the Closing Date against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 hereof shall have been complied with to the reasonable satisfaction of the Agent or its counsel. The release of the Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Chesapeake Parties and the Agent as set forth in Section 14. Certificates or statements of ownership for the Shares or book-entry statements, as applicable, shares shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its the Holding Company’s registrar and transfer agent. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “Closing Date.”

Sale and Delivery of Shares. If all conditions precedent to the consummation of the Conversion, including without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the Shares on the Closing Date against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 hereof shall have been complied with to the reasonable satisfaction of the Agent or its counsel. The release of Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Parties and the Agent as set forth in Section 14. Certificates for the Shares or book-entry statements, as applicable, shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agent. The date upon which the Holding Company shall release or deliver the Shares in accordance with the terms herein is called the “"Closing Date.”"

Sale and Delivery of Shares. If all conditions precedent to the consummation of the ConversionOffering, including including, without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the such Shares on the Closing Date (as hereinafter defined) against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 10 hereof shall have been complied with to the reasonable satisfaction of the Agent or and its counsel. The release of Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Kaiser Parties and the Agent as set forth in Section 14Agent. Certificates for the Shares or book-entry statements, as applicable, shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agentdirections. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “"Closing Date.”"

Sale and Delivery of Shares. If all conditions precedent --------------------------- to the consummation of the Conversion, including including, without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the such Shares on the Closing Date (as hereinafter defined) against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 10 hereof shall have been complied with to the reasonable satisfaction of the Agent or and its counsel. The release of Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Citizens Parties and the Agent as set forth in Section 14Agent. Certificates for the Shares or book-entry statements, as applicable, shares shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agentdirections. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “"Closing Date.”"

Sale and Delivery of Shares. If all the conditions precedent to the consummation of the Conversion, including without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the evidencing ownership of such Shares on the Closing Date against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 hereof shall have been complied with to the reasonable satisfaction of the Agent or its counsel. The release of the Shares against payment therefor shall be made on a date and at a place acceptable to the Primary Cullman Parties and the Agent as set forth in Section 14. Certificates or statements of ownership for the Shares or book-entry statements, as applicable, shares shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its the Holding Company’s registrar and transfer agent. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “Closing Date.”

Sale and Delivery of Shares. If all conditions precedent to the consummation of the Conversion, including including, without limitation, the sale of all Offer Shares required by the Plan to be sold, are satisfied, the Holding Company agrees to issue, or have issued, the Offer Shares sold in the Offering and to release for delivery certificates or book-entry statements as applicable for the such Shares on the Closing Date (as hereinafter defined) against payment to the Holding Company by any means authorized by the Plan; provided, however, that no funds shall be released to the Holding Company until the conditions specified in Section 8 10 hereof shall have been complied with to the reasonable satisfaction of the Agent or and its counsel. The release of Shares against payment therefor shall be made on a date and at a place acceptable to the Primary OC Parties and the Agent as set forth in Section 14Agent. Certificates for the Shares or book-entry statements, as applicable, shares shall be delivered directly to the purchasers in accordance with their directions as provided by the Holding Company to its registrar and transfer agentdirections. The date upon which the Holding Company shall release or deliver the Shares sold in the Offering, in accordance with the terms herein herein, is called the “"Closing Date.”"