Common use of MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK Clause in Contracts

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. a. First Sale. Upon confirmation by the Investor of transfer of funds due to the Company pursuant to the First Sale, the Transfer Agent shall deliver to the Investor by overnight courier certificates representing Common Stock as promptly as practicable, but in no event later than three business days after the Closing Date relating to the First Sale.

Appears in 1 contract

Sources: Stock Purchase Agreement (Practice Works Inc)

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. a. First Sale. Upon confirmation by the Company or the Investor of transfer of the funds due to the Company pursuant to the First Sale, the Transfer Agent shall deliver to the Investor by overnight courier certificates representing Common Stock as promptly as practicable, but in no event later than three business days after the Closing Date relating to the First Sale.

Appears in 1 contract

Sources: Stock Purchase Agreement (Fibercore Inc)