Common use of Manner of Purchase Clause in Contracts

Manner of Purchase. The purchase of the Class A Shares described in Section 5.2(a) shall be effected (i) by Wynn International or its designee in the manner prescribed in the Option Agreement, or (ii) by the Company or its designee giving Notice to the outgoing Executive Director or such Person’s estate after the occurrence of an event described in Section 5.2(a), specifying the place, date, and time at which payment shall be made to the outgoing Executive Director or such Person’s estate, personal representative or successor in interest, as the case may be, for the Class A Shares. On that date, and at that place and time, Wynn International, the Company or the relevant designee, who shall be designated as the replacement Executive Director, shall deliver the purchase price for the Class A Shares, determined in the manner provided in Section 5.2(b), to the outgoing Executive Director or such Person’s estate, personal representative or successor in interest, as the case may be, in cash or by registered or certified check, and all of the Class A Shares, together with all stock powers and other signed documents deemed by Wynn International, the Company or the relevant designee, as the case may be, to be necessary to transfer the Class A Shares, shall be delivered to Wynn International, the Company or the relevant designee, as the case may be, by the outgoing Executive Director or such Person’s estate, personal representative or successor in interest.

Manner of Purchase. The purchase of the Class A Shares described in Section 5.2(a) shall be effected (i) by Wynn W▇▇▇ International or its designee in the manner prescribed in the Option Agreement, or (ii) by the Company or its designee giving Notice to the outgoing former Executive Director or such Person’s his estate within ninety (90) days after the occurrence of an event described in Section 5.2(a), specifying the place, datedate (within ninety (90) days after the date of such Notice), and time at which payment shall be made to the outgoing former Executive Director or such Person’s his estate, personal representative representative, or successor in interest, as the case may be, for the Class A Shares. On that date, and at that place and time, Wynn W▇▇▇ International, the Company Company, or the relevant designee, who shall be designated as the replacement Executive Director, shall deliver the purchase price for the Class A Shares, determined in the manner provided in Section 5.2(b), to the outgoing former Executive Director or such Person’s his estate, personal representative representative, or successor in interest, as the case may be, in cash or by registered or certified check, and all of the Class A Shares, together with all stock powers and other signed documents deemed by Wynn W▇▇▇ International, the Company Company, or the relevant designee, as the case may be, to be necessary to transfer the Class A Shares, shall be delivered to Wynn W▇▇▇ International, the Company Company, or the relevant designee, as the case may be, by the outgoing former Executive Director or such Person’s his estate, personal representative representative, or successor in interest.