Delivery and Payment Clause Example with 75 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. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made on the date and at the time specified in Schedule I hereto or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by agreement between ...the Representatives and the Company or as provided in Section 9 hereof (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless the Representatives shall otherwise instruct. If the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof.View More
Variations of a "Delivery and Payment" Clause from Business Contracts
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made on the date and at the time specified in Schedule I hereto or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by agreement agreed b...etween the Representatives Underwriter and the Company or as provided in Section 9 hereof Selling Stockholder (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters Underwriter against payment by the several Underwriters through the Representatives Underwriter of the aggregate purchase price thereof of the Securities being sold by the Selling Stockholder to or upon the order of the Company Selling Stockholder by wire transfer payable in same-day funds to an the account specified by the Company. Selling Stockholder. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless Company. The Selling Stockholder will pay all applicable state transfer taxes, if any, involved in the Representatives shall otherwise instruct. If transfer to the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense Underwriter of the Company) Securities to be purchased by it from the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, Selling Stockholder and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. Underwriter will pay any additional stock transfer taxes involved in further transfers. View More
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at 9:00 a.m., New York City time, on the date and at the time specified in Schedule I hereto June 16, 2016 or at such time on such later date not more than three Business Days after the foregoing date as the Representatives Underwriters shall designat...e, which date and time may be postponed by agreement between among the Representatives Underwriters, the Company and the Company or as provided in Section 9 hereof Selling Stockholders (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives each Underwriter for the respective accounts account of the several Underwriters such Underwriter against payment by the several Underwriters through the Representatives such Underwriter of the respective aggregate purchase price thereof prices of the Securities being sold by each of the Selling Stockholders to or upon the order of the Company Selling Stockholders by wire transfer payable in same-day funds to an account the accounts specified by the Company. Selling Stockholders. Delivery of the Underwritten Securities and the Option Securities purchased by each Underwriter shall be made 16 through the facilities of The Depository Trust Company unless the Representatives such Underwriter shall otherwise instruct. If Each Selling Stockholder will pay all applicable state transfer taxes, if any, involved in the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense transfer to each Underwriter of the Company) Securities to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified be purchased by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire it from such Selling Stockholder and such Underwriter will pay any additional stock transfer payable taxes involved in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. further transfers. View More
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at 10:00 AM, New York City time, on the date and at the time specified in Schedule I hereto December 6, 2018, or at such time on such later date not more than three two Business Days after the foregoing date as the Representatives Underwriter shall de...signate, which date and time may be postponed by agreement between among the Representatives Underwriter, the Company and the Company or as provided in Section 9 hereof Selling Shareholder (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters Underwriter against payment by the several Underwriters through the Representatives Underwriter of the purchase price of the Securities being sold by the Selling Shareholder thereof to or upon the order of the Company Selling Shareholder by wire transfer payable in same-day funds to an account specified by the Company. Selling Shareholder. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless the Representatives Underwriter shall otherwise instruct. If The Selling Shareholder will pay all applicable state transfer taxes, if any, involved in the option provided transfer to the Underwriter of the Securities to be purchased by the Underwriter from the Selling Shareholder and the Underwriter will pay any additional stock transfer taxes involved in further transfers. Subject to the sale of the Shares to the Underwriter in compliance with the terms of this Agreement, payment for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, Repurchase Shares shall be made by the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company Underwriter by wire transfer payable in same-day funds to an account specified by the Company. If settlement Underwriter against delivery of such Repurchase Shares for the Option Securities occurs after account of the Company at the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. Date. View More
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at 9:00 a.m., New York City time, on the date and at the time specified in Schedule I hereto February 10, 2016 or at such time on such later date not more than three Business Days after the foregoing date as the Representatives Underwriter shall desig...nate, which date and time may be postponed by agreement between among the Representatives Underwriter, the Company and the Company or as provided in Section 9 hereof Selling Stockholders (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives Underwriter for the respective accounts account of the several Underwriters Underwriter against payment by the several Underwriters through the Representatives Underwriter of the respective aggregate purchase price thereof prices of the Securities being sold by each of the Selling Stockholders to or upon the order of the Company Selling Stockholders by wire transfer payable in same-day funds to an account the accounts specified by the Company. Selling Stockholders. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless the Representatives Underwriter shall otherwise instruct. If In addition, subject to the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense sale of the Company) Securities to the Representatives, through Underwriter in compliance with the facilities terms of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against this Agreement, payment by the several Underwriters through the Representatives of the purchase price thereof to for, and delivery of, the Repurchased Shares shall be made at the above mentioned offices, or at such other place as shall be agreed upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, Underwriter and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered Company, on the Closing Date pursuant or at such later time as shall be agreed upon by the Underwriter and the Company. Each Selling Stockholder will pay all applicable state transfer taxes, if any, involved in the transfer to Section 6 hereof. the Underwriter of the Securities to be purchased by it from such Selling Stockholder and the Underwriter will pay any additional stock transfer taxes involved in further transfers. View More
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at 10:00 AM, New York City time, on the date and at the time specified in Schedule I hereto November 21, 2016, or at such time on such later date not more than three Business Days after the foregoing date as the Representatives Underwriters shall desi...gnate, which date and time may be postponed by agreement between the Representatives Underwriters and the Company and the Selling Stockholders or as provided in Section 9 hereof (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives Underwriters for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives Underwriters of the respective aggregate purchase price thereof prices of the Securities being sold by the Company and each of the Selling Stockholders to or upon the order of the Company and the Selling Stockholders by wire transfer payable in same-day funds to an account the accounts specified by the Company. Company and the Selling Stockholders. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company DTC unless the Representatives Underwriters shall otherwise instruct. If the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof.View More
Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at 10:00 AM, New York City time, on the date and at the time specified in Schedule I hereto May 13, 2016, or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, which date ...and time may be postponed by agreement between among the Representatives Representatives, the Company and the Company Selling Stockholders or as provided in Section 9 10 hereof (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives of the aggregate purchase price thereof of the Securities being sold by each of the Selling Stockholders to or upon the order of the Company Selling Stockholders by wire transfer payable in same-day funds to an account specified by the Company. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless the Representatives shall otherwise instruct. If Each Selling Stockholder will pay all applicable state transfer taxes, if any, involved in the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) transfer to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof Securities to or upon the order of the Company be purchased by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, them from such Selling Stockholder and the obligation of the respective Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. will pay any additional stock transfer taxes involved in further transfer. View More
Delivery and Payment. Delivery of of, and payment for for, the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) Notes shall be made at the office, on the date and at the time specified in Schedule I hereto or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, II hereto, which date and ti...me may be postponed by agreement between the Representatives Representatives, on the one hand, and the Company Company, on the other hand, or as provided in Section 9 8 hereof (such date and time of delivery and payment for the Securities Notes being herein called the "Closing Date"). Delivery of the Securities Notes to be purchased on the Closing Date shall be made to the Representatives for the respective accounts of the several Underwriters Underwriters, with any transfer taxes payable in connection with the sale of such Notes duly paid by the Company, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon in the order of the Company by wire transfer payable manner set forth in same-day funds to an account specified by the Company. Schedule II hereto. Delivery of the Underwritten Securities and the Option Securities shall Notes will be made 16 through the facilities of Euroclear Bank S.A./N.V. ("Euroclear"), Clearstream Banking société anonyme ("Clearstream") and The Depository Trust Company ("DTC"), unless the Representatives shall otherwise instruct. If the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof.View More
Delivery and Payment. Delivery of of, and payment for for, the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) Notes shall be made at the office, on the date and at the time specified in Schedule I hereto or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, II hereto, which date and ti...me may be postponed by agreement between the Representatives Underwriter and the Company or as provided in Section 9 8 hereof (such date and time of delivery and payment for the Securities Notes being herein called the "Closing Date"). Delivery of the Securities Notes to be purchased on the Closing Date shall be made to the Representatives for Underwriter, with any transfer taxes payable in connection with the respective accounts sale of such Notes duly paid by the several Underwriters Company, against payment by the several Underwriters through the Representatives Underwriter of the purchase price thereof to or upon in the order of the Company by wire transfer payable manner set forth in same-day funds to an account specified by the Company. Schedule II hereto. Delivery of the Underwritten Securities and the Option Securities shall Notes will be made 16 through the facilities of The Depository Trust Company ("DTC"), unless the Representatives Underwriter shall otherwise instruct. If the option provided for in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof.View More
Delivery and Payment. Delivery of of, and payment for for, the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) Notes shall be made at the office, on the date and at the time specified in Schedule I hereto or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, II hereto, which date and ti...me may be postponed by agreement between the Representatives and the Company or as provided in Section 9 10 hereof (such date and time of delivery and payment for the Securities Notes being herein called the "Closing Date"). Delivery of the Securities Notes to be purchased on the Closing Date shall be made to the Representatives for the respective accounts of the several Underwriters Underwriters, with any transfer taxes payable in connection with the sale of such Notes duly paid by the Company, against 7 payment by the several Underwriters through the Representatives of the purchase price thereof to or upon in the order of the Company by wire transfer payable manner set forth in same-day funds to an account specified by the Company. Schedule II hereto. Delivery of the Underwritten Securities and the Option Securities shall Notes will be made 16 through the facilities of The Depository Trust Company unless the Representatives shall otherwise instruct. If the option provided for as set out in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. Schedule II. View More
Delivery and Payment. Delivery of and payment for the Underwritten Purchased Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day immediately preceding the Closing Date) shall be made at the office, on the date and at the time specified in Schedule I hereto or at such time on (or such later date not more later than three Business Days five business days after the foregoing such specified date as the Representatives shall ...designate, designate), which date and time may be postponed by agreement between the Representatives and the Company or as provided in Section 9 9 hereof (such date and time of delivery and payment for the Securities being herein called the "Closing Date"). Delivery of a global certificate (the "Global Note") representing the Purchased Securities shall be made to the Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in of same-day funds funds. The Global Note to an account specified by the Company. Delivery of the Underwritten Securities and the Option Securities shall be made 16 through the facilities of The Depository Trust Company unless delivered to the Representatives shall otherwise instruct. If the option provided for be delivered in Section 2(b) hereof is exercised after the third Business Day immediately preceding the Closing Date, the Company will deliver the Option Securities (at the expense book-entry form through a common depositary or its nominee on behalf of the Company) to the Representatives, through the facilities of The Depository Trust Company, unless the Representatives shall otherwise instruct, on the date specified by the Representatives (which Clearstream Banking, société anonyme, and Euroclear Bank S.A./N.V. Notes in definitive form shall be within three Business Days after exercise of said option) for the respective accounts of the several Underwriters, against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to an account specified by the Company. If settlement for the Option Securities occurs after the Closing Date, the Company will deliver to the Representatives on the settlement date for the Option Securities, and the obligation of the Underwriters to purchase the Option Securities shall be conditioned upon receipt of, supplemental opinions, certificates and letters confirming as of such date the opinions, certificates and letters delivered on the Closing Date pursuant to Section 6 hereof. available only under limited circumstances. View More
