Sale and Delivery of the Shares. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company and the Manager agree that the Company may from time to time seek to sell Shares through the Manager, acting as sales agent, or directly to the Manager acting as principal, as follows:
Sale and Delivery of the Shares. On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company and the Bank hereby employ Trident as their agent to utilize its best efforts in assisting the Company with the Company's sale of the Shares in the Subscription Offering and Community Offering. If the Conversion is not consummated for any reason, or if the Conversion is consummated without using the services of Trident, Trident shall be entitled to retain the fees received up to the time that the Conversion is terminated or Trident's services no longer are utilized. Under the agreement with Trident, the Savings Bank is also obligated to indemnify Trident against certain liabilities and expenses, including legal fees, to which Trident may become subject in connection with its engagement. In the event the Company is unable to sell a minimum of 93,500 Shares (or such lesser amount as the Commissioner with the FDIC may permit) within the period herein provided, this Agreement shall terminate, and the Company and the Bank shall refund promptly to any persons who have subscribed for any of the Shares, the full amount which it may have received from them, together with interest as provided in the Prospectus, and no party to this Agreement shall have any obligation to the other party hereunder, except as set forth in Sections 6, 8 and 9 hereof. Appropriate arrangements for placing the funds received from subscriptions for Shares in interest-bearing accounts with the Bank until all Shares are sold and paid for were made prior to the commencement of the Subscription and Community Offerings, with provision for prompt refund to the purchasers as set forth above, or for delivery to the Company if all Shares are sold. If all conditions precedent to the consummation of the Conversion are satisfied, including the sale of all Shares required by the Plan to be sold, the Company agrees to issue or have issued such Shares and to release for delivery certificates to subscribers thereof for such Shares on or promptly after the Closing Date against payment to the Company by any means authorized pursuant to the Prospectus, at the principal office of the Company at 000 X. Xxxxx Xxxxxx, Xxxxx Xxxxx, Illinois 61818 or at such other place as shall be agreed upon between the parties hereto. The date upon which Trident is paid the compensation due hereunder is herein called the "Closing Date." Trident agrees either (a) upon receipt of an executed or...
Sale and Delivery of the Shares. Subject to the terms and conditions of this Agreement hereinafter set forth, the Purchaser agrees to purchase at the Closing, and the Seller agrees to sell and deliver to the Purchaser at the Closing, the Shares at a purchase price of one hundred eighteen thousand three hundred fourteen dollars and eighty-seven cents ($118,314.87) (the "Purchase Price") in cash, which represents a purchase price of $.05086624 per share for each of the Shares described above.
Sale and Delivery of the Shares to the Underwriters. ---------------------------------------------------
Sale and Delivery of the Shares. Pursuant to the terms, and subject to the conditions set forth herein, PSGS hereby agrees to purchase from the Stockholders, and the Stockholders hereby agree to sell to PSGS, the Shares for the consideration set forth in Section 1.3.
Sale and Delivery of the Shares. Pursuant to the terms and subject to the conditions set forth herein, the Buyer hereby agrees to purchase from the Sellers, and the Sellers hereby agree to sell to the Buyer, the Shares, which constitute all of the issued and outstanding equity interests of the Company, for the consideration set forth in Section 1.3.
Sale and Delivery of the Shares. (a) The Company agrees to issue and sell the Underwritten Shares to the several Underwriters as provided in this Agreement, and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase from the Company the respective number of Underwritten Shares set forth opposite such Underwriter’s name in Schedule 1 hereto at a price per share (the “Purchase Price”) of $11.
Sale and Delivery of the Shares. Pursuant to the terms of, and subject to the conditions set forth in, this Agreement, CNET hereby agrees to purchase from the Sellers, and the Sellers hereby agree to sell to CNET, all of their respectively owned outstanding capital stock of the Company for the consideration set forth in Section 1.3.
Sale and Delivery of the Shares. Upon the terms contained herein, the Seller hereby sells, assigns, conveys, transfers and delivers to the Buyer, and the Buyer hereby purchases from the Seller, all of the Shares, for the consideration set forth in Section 1.2.
Sale and Delivery of the Shares. Subject to the terms and conditions herein set forth, at the Closing (hereafter defined) Seller shall sell, assign, transfer and deliver to Buyer the Shares, and Buyer agrees to purchase, receive, and accept delivery of and to pay Seller for the Shares.
