Common use of Deliveries on the Closing Date Clause in Contracts

Deliveries on the Closing Date. On the Closing Date, the Parties shall deliver the following, which shall be true, correct, and complete in all respects where applicable: (a) By the Sellers: (i) stock powers with medallion signature guarantee acceptable to the Transfer Agent, representing the Deferred Shares, endorsed in blank; (b) By the Purchasers: (i) the Deferred Consideration.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Southwest Iowa Renewable Energy, LLC), Stock Purchase Agreement (Smsa Gainesville Acquisition Corp.)