Delivery of and Payment for the Stock Clause Example with 6 Variations from Business Contracts

This page contains Delivery of and Payment for the Stock 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 of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Representatives and the Company. This date and time are sometimes referred to as the "Initial Delivery Date." Delivery of the Firm Stock shall be made to the Representatives for the account of each Underwriter against payment by the several Underwriters through... the Representatives of the respective aggregate purchase prices of the Firm Stock being sold by the Company to or upon the order of the Company of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Firm Stock through the facilities of DTC unless the Representatives shall otherwise instruct. The option granted in Section 2 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company by the Representatives; provided that if such date falls on a day that is not a business day, the option granted in Section 2 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options shall have been exercised nor later than the fifth business day after the date on which the options shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Delivery of the Option Stock by the Company and payment for the Option Stock by the several Underwriters through the Representatives shall be made at 10:00 A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between the Representatives and the Company. On the Option Stock Delivery Date, the Company shall deliver or cause to be delivered the Option Stock to the Representatives for the account of each Underwriter against payment by the several Underwriters through the Representatives of the respective aggregate purchase prices of the Option Stock being sold by the Company to or upon the order of the Company of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Option Stock through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow

Variations of a "Delivery of and Payment for the Stock" Clause from Business Contracts

Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 A.M., a.m., New York City time, on the third full business day following the date of this Agreement April 15, 2016 or at such other date or place as shall be determined by agreement between the Representatives Underwriter and the Company. This date and time are sometimes referred to as the "Initial Delivery Date." Date". Delivery of the Firm Stock shall be made to the Representatives Underwriter for the account of each the Underwr...iter against payment by the several Underwriters through the Representatives of the respective aggregate purchase prices of the Firm Stock being sold by the Company Underwriter to or upon the order of the Company and the Selling Stockholder of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Company and the Selling Stockholder. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each the Underwriter hereunder. The Company shall deliver the Firm Stock through the facilities of DTC unless the Representatives Underwriter shall otherwise instruct. The option granted in Section 2 3 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company and the Selling Stockholder by the Representatives; Underwriter; provided that if such date falls on a day that is not a business day, the option granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, Underwriter, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options option shall have been exercised nor later than the fifth business day after the date on which the options option shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," Date", and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Date". 16 Delivery of the Option Stock by the Company Selling Stockholder and payment for the Option Stock by the several Underwriters through the Representatives Underwriter shall be made at 10:00 A.M., a.m., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between the Representatives Underwriter and the Company. Selling Stockholder. On the each Option Stock Delivery Date, the Company Selling Stockholder shall deliver or cause to be delivered the Option Stock to the Representatives Underwriter for the account of each the Underwriter against payment by the several Underwriters through the Representatives Underwriter and of the respective aggregate purchase prices price of the Option Stock being sold by the Company Selling Stockholder to or upon the order of the Company Selling Stockholder of the purchase price by wire transfer in immediately available funds to the accounts account specified by the Company. Selling Stockholder. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each the Underwriter hereunder. The Company Selling Stockholder shall deliver the Option Stock through the facilities of DTC unless the Representatives Underwriter shall otherwise instruct. View More Arrow
Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Representatives and the Company. Selling Stockholders. This date and time are sometimes referred to as the "Initial Delivery Date." Date". Delivery of the Firm Stock shall be made to the Representatives for the account of each Underwriter against payment by the... several Underwriters through the Representatives and of the respective aggregate purchase prices price of the Firm Stock being sold by the Company Selling Stockholders to or upon the order of the Company Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company Selling Shareholders shall deliver the Firm Stock through the facilities of DTC unless the Representatives shall otherwise instruct. The option options granted in Section 2 3 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company Company, the Oaktree Stockholders and the Advance Stockholders by the Representatives; provided that if such date falls on a day that is not a business day, the option options granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is options are being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options shall have been exercised nor later than the fifth business day after the date on which the options shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," Date", and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Date". Delivery of the Option Stock by the Company certain Selling Stockholders and payment for the Option Stock by the several Underwriters through the Representatives shall be made at 10:00 A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement 17 between the Representatives and the Company. such Selling Stockholders. On the each Option Stock Delivery Date, the Company such Selling Stockholders shall deliver deliver, or cause to be delivered delivered, the Option Stock Stock, to the Representatives for the account of each Underwriter Underwriter, against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Option Stock being sold by the Company such Selling Stockholders to or upon the order of the Company such Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. such Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company Such Selling Stockholders shall deliver the Option Stock through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow
Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Representatives and the Company. This date and time are sometimes referred to as the "Initial Delivery Date." Date". Delivery of the Firm Stock shall be made to the Representatives for the account of each Underwriter against payment by the several Underwriters ...through the Representatives and of the respective aggregate purchase prices of the Firm Stock being sold by the Company and the Selling Stockholders to or upon the order of the Company and the Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Company and the Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Firm Stock through the facilities of DTC unless the Representatives shall otherwise instruct. The option granted in Section 2 3 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company and the Selling Stockholders by the Representatives; provided that if such date falls on a day that is not a business day, the option options granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options option shall have been exercised nor later than the fifth business day after the date on which the options option shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," Date", and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Date". Delivery of the Option Stock by the Company Selling Stockholders and payment for the Option Stock by the several Underwriters through the Representatives shall be made at 10:00 A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between the Representatives Representatives, the Company and the Company. Selling Stockholders. On the each Option Stock Delivery Date, the Company Selling Stockholders shall deliver deliver, or cause to be delivered delivered, the Option Stock Stock, to the Representatives for the account of each Underwriter Underwriter, against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Option Stock being sold by the Company Selling Stockholders to or upon the order of the Company Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company Selling Stockholders shall deliver the Option Stock through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow
Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock Shares shall be made at 10:00 A.M., New York City time, on the third fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Representatives and the Company. Company or as provided in Section 9 hereof. This date and time are sometimes referred to as the "Initial Delivery Date." Delivery of the Firm Stock Shares shall be made to the Representatives for the account of eac...h Underwriter against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Firm Stock Shares being sold by the Company to or upon the order of the Company of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Firm Stock Shares through the facilities of DTC unless the Representatives shall otherwise instruct. 13 The option options granted in Section 2 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company by the Representatives; provided that if such date falls on a day that is not a business day, the option options granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock Shares as to which the option is options are being exercised, the names in which the shares of Option Stock Shares are to be registered, the denominations in which the shares of Option Stock Shares are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock Shares are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options shall have been exercised nor later than the fifth business day after the date on which the options shall have been exercised. exercised or as provided in Section 9 hereof. Each date and time the shares of Option Stock Shares are delivered is sometimes referred to as an "Option Stock Shares Delivery Date," and the Initial Delivery Date and any Option Stock Shares Delivery Date are sometimes each referred to as a "Delivery Date." 18 Delivery of the Option Stock Shares by the Company and payment for the Option Stock Shares by the several Underwriters through the Representatives shall be made at 10:00 A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between the Representatives and the Company. On the Option Stock Shares Delivery Date, the Company shall deliver or cause to be delivered the Option Stock Shares to the Representatives for the account of each Underwriter against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Option Stock Shares being sold by the Company to or upon the order of the Company of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Option Stock Shares through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow
Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 A.M., New York City time, on the third [third] full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Representatives and the Company. This date and time are sometimes referred to as the "Initial Delivery Date." Date". Delivery of the Firm Stock shall be made to the Representatives for the account of each Underwriter against payment by the several Under...writers through the Representatives and of the respective aggregate purchase prices of the Firm Stock being sold by the Company and the Selling Stockholders to or upon the order of the Company and the Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Company and the Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Firm Stock through the facilities of DTC unless the Representatives shall otherwise instruct. The option granted in Section 2 3 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being 16 given to the Company and the Selling Stockholders by the Representatives; provided that if such date falls on a day that is not a business day, the option options granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is options are being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options shall have been exercised nor later than the fifth business day after the date on which the options shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," Date", and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Date". Delivery of the Option Stock by the Company Selling Stockholders and payment for the Option Stock by the several Underwriters through the Representatives shall be made at 10:00 A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between the Representatives and the Company. On the each Option Stock Delivery Date, the Company Selling Stockholders shall deliver deliver, or cause to be delivered delivered, the Option Stock Stock, to the Representatives for the account of each Underwriter Underwriter, against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Option Stock being sold by the Company Selling Stockholders to or upon the order of the Company Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company Selling Stockholders shall deliver the Option Stock through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow
Delivery of and Payment for the Stock. Delivery of and payment for the Firm Stock shall be made at 10:00 [10:00] A.M., New York City time, on the third full business day following the date of this Agreement [•], 2016 or at such other date or place as shall be determined by agreement between the Representatives and the Company. This date and time are sometimes referred to as the "Initial Delivery Date." Delivery of the Firm Stock shall be made to the Representatives for the account of each Underwriter against payment by the several Un...derwriters through the Representatives of the respective aggregate purchase prices price of the Firm Stock being sold by the Company to or upon the order of the Company of the purchase price by wire transfer in immediately available funds to the accounts account specified by the Company. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company shall deliver the Firm Stock through the facilities of DTC unless the Representatives shall otherwise instruct. The option granted in Section 2 3 will expire 30 days after the date of this Agreement and may be exercised in whole or from time to time in part by written notice being given to the Company and the Selling Stockholders by the Representatives; provided that if such date falls on a day that is not a business day, the option granted in Section 2 3 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of shares of Option Stock as to which the option is being exercised, the names in which the shares of Option Stock are to be registered, the denominations in which the shares of Option Stock are to be issued and the date and time, as determined by the Representatives, when the shares of Option Stock are to be delivered; provided, however, that this date and time shall not be earlier than the Initial Delivery Date nor earlier than the second business day after the date on which the options option shall have been exercised nor later than the fifth business day after the date on which the options option shall have been exercised. Each date and time the shares of Option Stock are delivered is sometimes referred to as an "Option Stock Delivery Date," and the Initial Delivery Date and any Option Stock Delivery Date are sometimes each referred to as a "Delivery Date." 18 Delivery of the Option Stock by the Company and the Selling Stockholders and payment for the Option Stock by the several Underwriters through the Representatives shall be made at 10:00 [10:00] A.M., New York City time, on the date specified in the corresponding notice described in the preceding paragraph or at such other date or place as shall be determined by agreement between among the Representatives Representatives, the Company and the Company. Selling Stockholders. On the each Option Stock Delivery Date, the Company and the Selling Stockholders shall deliver deliver, or cause to be delivered delivered, the Option Stock Stock, to the Representatives for the account of each Underwriter Underwriter, against payment by the several Underwriters through the Representatives and of the respective aggregate purchase prices of the Option Stock being sold by the Company and the Selling 19 Stockholders to or upon the order of the Company and Selling Stockholders of the purchase price by wire transfer in immediately available funds to the accounts specified by the Company. Company and the Selling Stockholders. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Company and the Selling Stockholders shall deliver the Option Stock through the facilities of DTC unless the Representatives shall otherwise instruct. View More Arrow