Delivery and Payment Clause Example with 5 Variations from Business Contracts
This page contains Delivery and Payment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Delivery and Payment. (a) Payment for the Firm Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the second business day (unless postponed in accordance with the provisions of Section 10) foll...owing the date hereof or at such other date, time or location as otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the Firm Securities and Additional Securities shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. The Firm Securities and the Additional Securities shall be registered in the form of one or more global certificates in the name of Cede & Co. or in such other names, and in such denominations, as you may request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities available for inspection by you electronically, not later than 5:00 p.m., New York time, on the business day prior to the Closing Date or the applicable Option Closing Date. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price for, the Securities that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price for the Securities to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time.View More
Variations of a "Delivery and Payment" Clause from Business Contracts
Delivery and Payment. (a) Payment for the Firm Securities Shares shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities Shares shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the second business day (unless postponed in accordance with the provisions of Se...ction 10) following the date hereof or at such other date, time or location as otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities Shares shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities Shares shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the The Firm Securities Shares and Additional Securities shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. The Firm Securities and the Additional Securities Shares shall be registered in the form of one or more global certificates in the name of Cede & Co. or in such other names, names and in such denominations, denominations as you may the Representatives shall request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities available for inspection by you electronically, not later than 5:00 p.m., New York time, on the one full business day prior to the Closing Date or the applicable Option Closing Date. Date, as the case may be. The Firm Shares and Additional Shares shall be delivered to the Representatives on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, with any transfer taxes payable in connection with the transfer of the Shares to the Underwriters duly paid, against payment of the Purchase Price therefor. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price for, the Securities Shares that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price for the Securities Shares to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time. View More
Delivery and Payment. (a) Payment of the purchase price for any Notes to be purchased by the Firm Securities Underwriters shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities Notes shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the second third business... day (unless postponed in accordance with the provisions of Section 10) following the date hereof or at such other date, time or location as otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the Firm Securities and Additional Securities Notes shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price purchase price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. funds. The Firm Securities and the Additional Securities Notes shall be registered in the form of one or more a single global certificates certificate in the name of Cede & Co. or in such other names, and in such denominations, as you may request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities Notes available for inspection by you electronically, not later than 5:00 p.m., New York time, on the business day prior to the Closing Date or the applicable Option Closing Date. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price purchase price for, the Securities Notes that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price purchase price for the Securities Notes to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time. View More
Delivery and Payment. (a) Payment of the purchase price for any Notes to be purchased by the Firm Securities Underwriters shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities Notes shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the second third business... day (unless postponed in accordance with the provisions of Section 10) following the date hereof or at such other date, time or location as 12 otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the Firm Securities and Additional Securities Notes shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price purchase price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. funds. The Firm Securities and the Additional Securities Notes shall be registered in the form of one or more global certificates in the name of Cede & Co. or in such other names, and in such denominations, as you may request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities Notes available for inspection by you electronically, not later than 5:00 p.m., New York time, on the business day prior to the Closing Date or the applicable Option Closing Date. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price purchase price for, the Securities Notes that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price purchase price for the Securities Notes to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time. View More
Delivery and Payment. (a) Payment of the purchase price for any Notes to be purchased by the Firm Securities Underwriters shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities Notes shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 12 9:00 a.m., New York time, on the second third busin...ess day (unless postponed in accordance with the provisions of Section 10) following the date hereof or at such other date, time or location as otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the Firm Securities and Additional Securities Notes shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price purchase price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. funds. The Firm Securities and the Additional Securities Notes shall be registered in the form of one or more global certificates in the name of Cede & Co. or in such other names, and in such denominations, as you may request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities Notes available for inspection by you electronically, not later than 5:00 p.m., New York time, on the business day prior to the Closing Date or the applicable Option Closing Date. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price purchase price for, the Securities Notes that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price purchase price for the Securities Notes to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time. View More
Delivery and Payment. (a) Payment of the purchase price for any Notes to be purchased by the Firm Securities Underwriters shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Firm Securities Notes shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the second third business... day (unless postponed in accordance with the provisions of Section 10) following the date hereof or at such other date, time or location as otherwise shall be agreed upon by you and the Company (such time being referred to as the "Closing Time" and such date being referred to as the "Closing Date"). Payment for any Additional Securities shall be made by wire transfer to such bank account in the United States as the Company may designate to you. The closing of the offering of the Additional Securities shall occur at the offices of Vinson & Elkins L.L.P., 2001 Ross Avenue, Suite 3900, Dallas, Texas 75201, or at such other place as shall be agreed upon by you and the Company, at 9:00 a.m., New York time, on the Option Closing Date specified in the corresponding notice described in Section 2 or at such other date, time or location as otherwise shall be agreed upon by you and the Company. Unless otherwise specified, delivery of the Firm Securities and Additional Securities Notes shall be made to The Depository Trust Company for your account against payment by you to the Company of the Purchase Price purchase price thereof by wire transfer of Federal funds or other immediately available funds on the Closing Date or the 9 applicable Option Closing Date. funds. The Firm Securities and the Additional Securities Notes shall be registered in the form of one or more global certificates in the name of Cede & Co. or in such other names, and in such denominations, as you may request in writing at least two business days prior to the Closing Date or the applicable Option Closing Date. The Company agrees to have a form of the global certificate or certificates representing the Firm Securities and the Additional Securities Notes available for inspection by you electronically, not later than 5:00 p.m., New York time, on the business day prior to the Closing Date or the applicable Option Closing Date. (b) It is understood that each Underwriter has authorized you, on its behalf and for its account, to accept delivery of, receipt for, and make payment of the Purchase Price purchase price for, the Securities Notes that it has agreed to purchase. You, individually and not as a representative, may (but shall not be obligated to) make payment of the Purchase Price purchase price for the Securities Notes to be purchased by any Underwriter whose check or checks shall not have been received by the Closing Time. View More
