Common use of Transactions on the Closing Date Clause in Contracts

Transactions on the Closing Date. (a) At the Closing the Exchanging Stockholders and HTR, as the case may be, shall deliver to the Acquirors the following: (i) the Certificate of Merger executed by HTR; (ii) stock certificates, evidencing all of the HTR Shares, in each case endorsed in blank or with an executed blank stock power attached, and with all necessary stock transfer tax stamps attached thereto; and (iii) each of the certificates, instruments and other documents and agreements contemplated by Article 8 hereof. (b) At the Closing the Acquirors shall deliver to the Exchanging Stockholders and HTR, as the case may be, the following: (i) the Certificate of Merger executed by HTR Acquisition; (ii) (A) an irrevocable instruction letter to UOL's transfer agent, instructing it promptly to issue stock certificates and (B) either (1) promissory notes or (2) cash payments evidencing the Merger Consideration set forth in Section 2.4(b); and (iii) each of the certificates, instruments and other documents and agreements contemplated by Article 7 hereof.

Appears in 1 contract

Sources: Merger Agreement (Uol Publishing Inc)

Transactions on the Closing Date. (a) At the Closing the Exchanging Stockholders Stockholder and HTRISC, as the case may be, shall deliver to the Acquirors the following: : (i) the Certificate executed Articles of Merger executed by HTR; Merger; (ii) stock certificates, evidencing all of the HTR ISC Shares, in each case endorsed in blank or with an executed blank stock power attached, and with all necessary stock transfer tax stamps attached thereto; and (iii) each of the certificates, instruments and other documents and agreements contemplated by Article 8 hereof. (b) At the Closing the Acquirors shall deliver to the Exchanging Stockholders and HTR, as the case may be, the following: (i) the Certificate of Merger executed by HTR Acquisition; (ii) (A) an irrevocable instruction letter to UOL's transfer agent, instructing it promptly to issue stock certificates and (B) either (1) promissory notes or (2) cash payments evidencing the Merger Consideration set forth in Section 2.4(b); and (iii) each of the certificates, instruments and other documents and agreements contemplated by Article 7 hereof. (b) At the Closing, the Acquirors shall deliver to the Exchanging Stockholder and ISC, as the case may be, the following: (i) the executed Articles of Merger; (ii) instructions to SDC's Transfer Agent to issue the stock certificates evidencing the Merger Shares; and (iii) each of the certificates, instruments and other documents and agreements contemplated by Article 7 hereof.

Appears in 1 contract

Sources: Merger Agreement (Software Developers Co Inc/De/)