Transactions at the First Closing Sample Clauses

Transactions at the First Closing. Subject to the terms and conditions of this Agreement, the Parent shall at the First Closing cause DEGI to do and perform the following actions HALLIBURTON COMPANY AGREEMENT AND PLAN OF RECAPITALIZATION and to deliver the following documents, and the Acquiror shall do and perform the following actions and deliver the following documents. At the First Closing, the following events shall occur, each event being (i) conditioned on the occurrence or waiver of each other event and (ii) deemed to occur simultaneously with each other event:
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Transactions at the First Closing. At the First Closing, subject to the terms and conditions of this Agreement the Initial Purchasers severally (and not jointly) shall purchase and acquire from the Company, and the Company shall issue and sell to the Initial Purchasers an aggregate of 250,000 shares of shares of Series B Preferred Stock for an aggregate purchase price of $5,000,000 (the "First Purchase Price"). At the First Closing, the Company shall deliver to the Initial Purchasers duly executed certificates representing 250,000 shares of Series B Preferred Stock, registered in the name of the Initial Purchasers or their nominees, against payment by the Initial Purchasers of the First Purchase Price payable in respect thereof by wire transfer of immediately available funds to an account designated in a notice delivered by the Company.
Transactions at the First Closing. At the First Closing, (a) the Sellers will sell, transfer, assign, convey and deliver to General Dynamics all right, title and interest in and to the shares of Common Stock held by them and indicated on Schedule 3.3 and will deliver to General Dynamics stock certificates representing such shares of Common Stock, each such certificate endorsed in blank or accompanied by duly executed assignment documents, (b) the Optionholders, pursuant to the provisions of the Option Exercise Agreements, will exercise in full all Stock Options held by them, will sell, transfer, assign, convey and deliver to General Dynamics all right, title and interest in and to the shares of Common Stock acquired by them upon such exercise, and will deliver to General Dynamics stock certificates representing such shares of Common Stock, each such certificate endorsed in blank or accompanied by duly executed assignment documents, and (c) General Dynamics will deliver to each Seller and Optionholder, by cashier's or certified check or by wire transfer of immediately available funds, the portion of the Purchase Price payable to such Seller or Optionholder as determined in accordance with the provisions of this Agreement and the Option Exercise Agreements.
Transactions at the First Closing. At the First Closing, ------------------------------------ subject to the terms and conditions of this Agreement, each of the Initial Purchasers severally (and not jointly) shall purchase and acquire from the Company, and the Company shall issue and sell to each Initial Purchaser, such number of shares of Series A Preferred Stock as are set forth opposite such Initial Purchaser's name on Schedule 2.2 for an aggregate purchase price of ------------- $5,000,000 (the "First Purchase Price"). At the First Closing, the Company shall deliver to each Initial Purchaser duly executed certificates representing the number of shares of Series A Preferred Stock set forth opposite such Initial Purchaser's name on Schedule 2.2 hereto, each registered in the name of such ------------ Initial Purchaser or its nominees, with appropriate issue stamps, if any, affixed at the expense of the Company, free and clear of any Lien, against payment by each Initial Purchaser of the portion of the First Purchase Price payable in respect thereof as set forth opposite such Initial Purchaser's name on Schedule 2.2 hereto by wire transfer of immediately available funds to an ------------ account designated in a notice delivered by the Company not later than one Business Day prior to the First Closing Date.
Transactions at the First Closing. Subject to the terms and conditions of this Agreement, the Parent shall at the First Closing cause DEGI to do and perform the following actions HALLIBURTON COMPANY AGREEMENT AND PLAN OF RECAPITALIZATION

Related to Transactions at the First Closing

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • The First Closing Date Delivery of certificates for the Firm Shares to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxxxxx & Xxxxxxx LLP (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on [•], or such other time and date not later than 1:30 p.m. New York City time, on [•] as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Representatives may provide notice to postpone the First Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representatives to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.

  • Transactions at Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Actions at the Closing At the Closing:

  • Transactions to be Effected at the Closing (a) At the Closing, Buyer shall:

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Conditions to Purchasers’ Obligations at the Closing Purchasers’ obligation to purchase the Shares at the Closing are subject to the satisfaction, at or prior to the Closing Date, of the following conditions:

  • First Closing The First Closing shall have occurred.

  • Conditions Precedent at Closing Date The obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

  • Actions at Closing At the Closing, the following actions will take place:

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