Common use of Delayed Deliveries Clause in Contracts

Delayed Deliveries. In the event that Sellers are delayed in their ability to deliver any of the Shares at Closing, they will deliver such Shares to the Company as soon thereafter as practicable, and the Company may withhold the pro-rata portion of the Purchase Price applicable to such Shares until they are delivered.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Milstein Paul), Stock Purchase Agreement (Andal Corp)

Delayed Deliveries. In the event that Sellers are Seller is delayed in their its ability to deliver any of the Shares at Closing, they it will deliver such Shares to the Company as soon thereafter as practicable, and the Company may withhold the pro-rata portion of the Purchase Price applicable to such Shares until they are delivered.

Appears in 1 contract

Sources: Stock Purchase Agreement (Andal Corp)