Payment for and Delivery of Shares. The delivery of the Basswood Group Shares and the payment therefor shall take place concurrently at 10 A.M. on March 31, 2000 or such other date and time that as may be agreed by the parties (the "Settlement Date"). At that time and date the Members shall cause to be effectuated an electronic transfer of ownership of the Basswood Group Shares to the account of the Company and to the account of any Permitted Assigns (as defined in Section 8(a) below) and, on confirmation that such electronic transfer has been made, the Company and such Permitted Assignees, if any, shall pay to each Member such Member's Purchase Price, as set forth in Exhibit A hereto, by wire transfer of funds in accordance with wire transfer instructions received from Basswood LP. In addition to the effectuation of the electronic transfer of the Shares, the Company's obligation to pay for the Basswood Shares shall be subject to the satisfaction of the following conditions: (i) that all of the Basswood Shares are sold to the Company or its Permitted Assigns on or before March 31, 2000, and (ii) that the parties shall have entered into a Settlement Agreement substantially in the form of Exhibit B hereto.
Payment for and Delivery of Shares. Concurrently with the execution of this Agreement, (i) AOBO is delivering to Parent a certified or bank check in the amount of US$28.5 million and (ii) Parent is delivering to AOBO all stock certificates evidencing the Shares duly endorsed in blank, or accompanied by stock powers duly executed in blank, in form satisfactory to AOBO and with all required stock transfer tax stamps affixed where applicable.
Payment for and Delivery of Shares. (a) Upon the terms and subject to the conditions of this Agreement and the Transaction Confirmation relating to each Transaction, Buyer and Seller shall make a payment or payments to the other party under this Agreement and the relevant Transaction Confirmation at the time and in the manner provided below, in each case in immediately available funds by wire transfer to an account designated by the payee. Seller shall have the right with respect to any Transaction, upon five Business Days' prior 7 written notice to Buyer, to demand payment on any date (a "PAYMENT DATE" for such Transaction) during the period beginning on the Closing Date and ending on the date five Business Days prior to the first Maturity Date for such Transaction of the Funded Amount as of such Payment Date of all or any portion (the "FUNDED PORTION") of the Unfunded Purchase Price as of such Payment Date, provided that the Funded Portion shall be equal to or greater than the lesser of (i) 2% of the Purchase Price for such Transaction and (ii) the Unfunded Purchase Price on such Payment Date for such Transaction. Following any such payment to Seller, Seller shall have the right, upon five Business Days' prior written notice to Buyer, to refund on any date (a "REFUND DATE" for such Transaction) on or prior to the date five Business Days prior to the first Maturity Date for such Transaction all or any portion (the "REFUNDED PORTION") of the Funded Purchase Price as of such Refund Date by paying to Buyer on such Refund Date the Refunded Amount as of such Refund Date of such Refunded Portion, provided that the Refunded Portion shall be equal to or greater than the lesser of (i) 2% of the Purchase Price for such Transaction and (ii) the Funded Purchase Price on such Refund Date for such Transaction.
Payment for and Delivery of Shares. At closing, PTG and Halco shall cause a certificate or certificates representing the PTG Option Shares and Halco Option Shares to be delivered to Optionee, together with stock powers executed in favor of Optionee and such other documentation as may be necessary to transfer title to the PTG Option Shares and Halco Option Shares to Optionee, in form and substance reasonably satisfactory to Optionee. In exchange for delivery of the PTG Option Shares and Halco Option Shares, Optionee shall pay the Option Price by wire transfer of immediately available funds to the accounts designated by PTG and Halco.
Payment for and Delivery of Shares. At the Closing, the Company shall issue and deliver to the Investor a stock certificate duly executed and registered in the name of the Investor evidencing ownership of the number of Shares to be purchased by the Investor at the Closing against payment by the Investor of the Purchase Price to be paid by the Investor at the Closing by wire transfer of immediately available funds to the account designated by the Company in writing.
Payment for and Delivery of Shares. 2.1. In payment of the purchase price for the Shares by Subscriber will be made by check payable to the Issuer or by wire transfer in accordance with instructions provided to the Subscriber by the Issuer.
Payment for and Delivery of Shares. (a) Upon the terms and subject to the conditions of this Agreement and the Transaction Confirmation relating to each Transaction, Buyer shall deliver to Seller the Purchase Price for such Transaction on the Payment Date for such Transaction at the offices of Buyer, care of Banc of America Securities LLC, 9 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, or at such other place as shall be agreed upon by Buyer and Seller, paid in immediately available funds by wire transfer to an account designated by Seller.
Payment for and Delivery of Shares. (a) The Investor shall pay the Purchae Price for the Investor Shares by check payable to the Company or by wire transfer in accordance with the transfer instructions set forth on the signature page. The Investor Shares shall be deemed to have been paid for upon the clearance of such check (or upon its delivery if it is a bank cashier’s check or certified check) or upon the delivery of payment by such wire transfer (the “Payment Date”). On the Payment Date, and by virtue of payment for the Investor Shares, they shall be issued to the Investor and the Company shall cause its transfer agent to register the Shares in book entry form in the name of the Investor and promptly deliver to the Investor evidence of such registration of ownership in book entry form in the name of the Investor.
Payment for and Delivery of Shares reasonably acceptable to PSC.
Payment for and Delivery of Shares. 5.1.1 The Settlement Manager will pay to the Company the requisite payment for the International Offer Shares purchased under the International Underwriting Agreement, and upon the request of the Global Coordinator, each International Underwriter will pay, or procure that there shall be paid, to the Settlement Manager not later than the close of business on the same day of such request the requisite payment for the International Offer Shares purchased or to be purchased by such International Underwriter under the International Underwriting Agreement. Such payment shall be made in such currency and to such accounts and at such times and places as may be specified in such request.
