Common use of Purchasers Deliverables Clause in Contracts

Purchasers Deliverables. At the Closing, subject to the terms and conditions hereof, Purchaser will deliver, or cause to be delivered, to Optimer: (a) Payment of the Purchase Price by wire transfer of immediately available funds to the account designated by Optimer to Purchaser on or prior to the date hereof; and (b) A cross-receipt executed by an appropriate officer of Purchaser and delivered to Optimer certifying that Purchaser has received its Purchased Shares as of the date hereof.

Appears in 2 contracts

Sources: Series a Convertible Preferred Stock Purchase Agreement (Cubist Pharmaceuticals Inc), Series a Convertible Preferred Stock Purchase Agreement (Optimer Pharmaceuticals Inc)