Common use of At or before Closing Clause in Contracts

At or before Closing. (a) the Vendor shall deliver to the Escrow Agent: (i) the share certificates representing the Sale Shares or an indemnity, in a form reasonably acceptable to the Buyer, for any lost certificates; (ii) duly executed instrument of transfer in favour of the Buyer in respect of the Sale Shares; (iii) duly executed sold note in favour of the Buyer in respect of the Sale Shares; (iv) a cheque in favour of “The Government of the Hong Kong Special Administrative Region” on account of the Vendor’s share of the Hong Kong stamp duty in the amount of HK$22,310.5 payable by the Vendor upon the sale and purchase of the Sale Shares (v) certified copy of the resolutions of the Board of Directors of the Vendor authorising the entry into and execution of this Agreement, and approving all matters contemplated under this Agreement; (vi) certified copy of the resolutions of the Board of Directors of the Company approving the transfer of the Sale Shares as contemplated under this Agreement; and (b) the Buyer shall deliver to the Escrow Agent: (i) the instrument of transfer duly executed by the Buyer in respect of the Sale Shares; (ii) the bought note duly executed by the Buyer in respect of the Sale Shares; and (iii) certified copy of the resolutions of the Board of Directors of the Buyer authorising the entry into and execution of this Agreement, and approving all matters contemplated under this Agreement.

At or before Closing. (a) the Vendor shall deliver to the Escrow Agent: (i) the share certificates representing the Sale Shares or an indemnity, in a form reasonably acceptable to the Buyer, for any lost certificates; (ii) duly executed instrument of transfer in favour of the Buyer in respect of the Sale Shares; (iii) duly executed sold note in favour of the Buyer in respect of the Sale Shares; (iv) a cheque in favour of “The Government of the Hong Kong Special Administrative Region” on account of the Vendor’s share of the Hong Kong stamp duty in the amount of HK$22,310.5 HK$23,324.5 payable by the Vendor upon the sale and purchase of the Sale Shares; (v) certified copy of the resolutions of the Board of Directors of the Vendor authorising the entry into and execution of this Agreement, and approving all matters contemplated under this Agreement; (vi) certified copy of the resolutions of the Board of Directors of the Company approving the transfer of the Sale Shares as contemplated under this Agreement; and (b) the Buyer shall deliver to the Escrow Agent: (i) the instrument of transfer duly executed by the Buyer in respect of the Sale Shares; (ii) the bought note duly executed by the Buyer in respect of the Sale Shares; and (iii) certified copy of the resolutions of the Board of Directors of the Buyer authorising the entry into and execution of this Agreement, and approving all matters contemplated under this Agreement.