Payment and Delivery Clause Example with 667 Variations from Business Contracts
This page contains Payment and Delivery 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.
Payment and Delivery. Payment for the Firm Shares shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts of the several Underwriters on the closing date and time set forth in Schedule I hereto, or at such other time on the same or such other date, not later than the fifth business day thereafter, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the "Closing ...Date." 15 Payment for any Additional Shares shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Firm Shares and Additional Shares shall be delivered to you 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.View More
Variations of a "Payment and Delivery" Clause from Business Contracts
Payment and Delivery. Payment for the Firm Shares Securities shall be made to the Company in Federal or other funds immediately available in the City of New York City against delivery of such Firm Shares Securities for the respective accounts of the several Underwriters Initial Purchasers at the offices of Shearman & Sterling LLP, 599 Lexington Avenue, New York, New York 10022 (or such other place as may be agreed to by the Company and the Representative) at 9:00 a.m., New York City time, on the closing date and time... set forth in Schedule I hereto, June 8, 2015, or at such other time on the same or such other date, not later than the fifth business day thereafter, June 15, 2015, as shall be designated in writing by you. the Representative. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares The Securities shall be made to in definitive form or global form, as specified by the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. The Firm Shares Representative, and Additional Shares shall be registered in such names and in such denominations as you the Representative shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares Securities shall be delivered to you the Representative on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, Initial Purchasers, with any transfer taxes payable in connection with the transfer of the Shares Securities to the Underwriters Initial Purchasers duly paid, against payment of the Purchase Price therefor. therefor plus accrued interest, if any, to the date of payment and delivery. View More
Payment and Delivery. Payment for the Firm Shares Securities shall be made to the Company in Federal or other funds immediately available in available. The time and date of such delivery and payment shall be, with respect to the Firm Securities, 9:30 a.m., New York City against delivery of such Firm Shares for the respective accounts of the several Underwriters time, on the closing date and time set forth in Schedule I hereto, September 16, 2016 or at such other time and on the same or such other date, not later than... the fifth business day thereafter, as shall be designated the Representatives and the Company may agree upon in writing by you. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares shall be made writing, and, with respect to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 Optional Securities, 9:30 a.m., New York City time, on the date specified by the Representatives in the corresponding written notice described in Section 2 given by the Representatives of the Underwriters' election to purchase such Optional Securities, or at such other time and on the same or on such other date, date as the Representatives and the Company may agree upon in any event writing. Such time and date for delivery of and payment for the Firm Securities is herein called the "First Closing Date", such time and date for delivery of and payment for the Optional Securities, if not later than the tenth business day thereafter, as First Closing Date, is herein called the "Second Closing Date", and each such time and date for delivery and payment is herein called a "Closing Date." 14 Payment for the Securities shall be designated in writing by you. The Firm Shares and Additional Shares shall be made against delivery to you on the First Closing Date, and, if applicable, the Second Closing Date, for the respective accounts of the several Underwriters of the Securities registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Firm Shares and Additional Shares shall be delivered to you 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 Securities to the Underwriters duly paid, against payment of the Purchase Price therefor. paid. View More
Payment and Delivery. Payment for the Firm Shares Securities shall be made to the Company in Federal or other funds immediately available in available. The time and date of such delivery and payment shall be, with respect to the Firm Securities, 9:30 a.m., New York City against delivery of such Firm Shares for the respective accounts of the several Underwriters time, on the closing date and time set forth in Schedule I hereto, April 28, 2016 or at such other time and on the same or such other date, not later than the... fifth business day thereafter, as shall be designated the Representatives and the Company may agree upon in writing by you. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares shall be made writing, and, with respect to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 Optional Securities, 9:30 a.m., New York City time, on the date specified by the Representatives in the corresponding written notice described in Section 2 given by the Representatives of the Underwriters' election to purchase such Optional Securities, or at such other time and on the same or on such other date, date as the Representatives and the Company may agree upon in any event writing. Such time and date for 13 delivery of and payment for the Firm Securities is herein called the "First Closing Date", such time and date for delivery of and payment for the Optional Securities, if not later than the tenth business day thereafter, as First Closing Date, is herein called the "Second Closing Date", and each such time and date for delivery and payment is herein called a "Closing Date." Payment for the Securities shall be designated in writing by you. The Firm Shares and Additional Shares shall be made against delivery to you on the First Closing Date, and, if applicable, the Second Closing Date, for the respective accounts of the several Underwriters of the Securities registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Firm Shares and Additional Shares shall be delivered to you 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 Securities to the Underwriters duly paid, against payment of the Purchase Price therefor. paid. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Shareholder shall be made to the Company such Selling Shareholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, August 5, 2015 or at such other time on the same or such other date, not later than the fifth business da...y thereafter, August 7, 2015, as shall be designated in writing mutually agreed by you. you and the Selling Shareholders. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as Date. The Purchase Price payable by the case may be, for the respective accounts of the several Underwriters, with Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Shareholder shall be made to the Company such Selling Shareholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, November 14, 2019 or at such other time on the same or such other date, not later than the fifth business... day thereafter, November 19, 2019, as shall be designated in writing by you. the Underwriter. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional 16 The Shares shall be made delivered to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts DTC account of the several Underwriters at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. The Firm Shares and Additional Shares shall be registered in such names Underwriter, and in such denominations denominations, as you the Underwriter shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you the Underwriter on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts DTC account notified by the Underwriter in accordance with this Section 5, with any amounts in respect of the several Underwriters, with any transfer taxes payable by the Underwriter in connection with the transfer of the Shares to the Underwriters such delivery, if any, duly paid, against payment of deducted from the Purchase Price therefor. payable to the Selling Shareholders by the Underwriter. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Stockholder shall be made to the Company such Selling Stockholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter prior to 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, December 4, 2018 or at such other time on the same or such other date, not later than the fifth bus...iness day thereafter, date as shall be designated in writing mutually agreed by you. the Underwriter and the Selling Stockholders. The time and date of such payment are hereinafter referred to as the "Closing Date." The procedures for payment and delivery of the Shares to be sold by each Selling Stockholder shall be as set forth in Schedule I. 15 Payment Subject to the sale of the Shares to the Underwriter in compliance with the terms of this Agreement, payment for any Additional the Repurchase Shares shall be made by the Company to the Company Underwriter in Federal or other funds immediately available in New York City against delivery of such Additional Repurchase Shares for the respective accounts account of the several Underwriters Company at 10:00 a.m., New York City time, on the date specified Closing Date as set forth in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. Schedule I. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as Date. The Purchase Price payable by the case may be, for the respective accounts of the several Underwriters, with Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Stockholder shall be made to the Company such Selling Stockholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter prior to 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, November 30, 2017 or at such other time on the same or such other date, not later than the fifth bu...siness day thereafter, date as shall be designated in writing mutually agreed by you. the Underwriter and the Selling Stockholders. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment The procedures for any Additional payment and delivery of the Shares to be sold by each Selling Stockholder shall be as set forth in Schedule I. Subject to the sale of the Shares to the Underwriter in compliance with the terms of this Agreement, payment for the Repurchase Shares shall be made by the Company to the Company Underwriter in Federal or other funds immediately available in New York City against delivery of such Additional Repurchase Shares for the respective accounts account of the several Underwriters Company at 10:00 a.m., New York City time, on the date specified Closing Date as set forth in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. Schedule I. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as Date. The Purchase Price payable by the case may be, for the respective accounts of the several Underwriters, with Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Stockholder shall be made to the Company such Selling Stockholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter prior to 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, June 15, 2018 or at such other time on the same or such other date, not later than the fifth busine...ss day thereafter, date as shall be designated in writing mutually agreed by you. the Underwriter and the Selling Stockholders. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment The procedures for any Additional payment and delivery of the Shares to be sold by each Selling Stockholder shall be as set forth in Schedule I. Subject to the sale of the Shares to the Underwriter in compliance with the terms of this Agreement, payment for the Repurchase Shares shall be made by the Company to the Company Underwriter in Federal or other funds immediately available in New York City against delivery of such Additional Repurchase Shares for the respective accounts account of the several Underwriters Company at 10:00 a.m., New York City time, on the date specified Closing Date as set forth in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. Schedule I. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as Date. The Purchase Price payable by the case may be, for the respective accounts of the several Underwriters, with Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Stockholder shall be made to the Company such Selling Stockholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account of the several Underwriters Underwriter prior to 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, September 19, 2017 or at such other time on the same or such other date, not later than the fifth b...usiness day thereafter, date as shall be designated in writing mutually agreed by you. the Underwriter and the Selling Stockholders. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment The procedures for any Additional payment and delivery of the Shares to be sold by each Selling Stockholder shall be as set forth in Schedule I. Subject to the sale of the Shares to the Underwriter in compliance with the terms of this Agreement, payment for the Repurchase Shares shall be made by the Company to the Company Underwriter in Federal or other funds immediately available in New York City against delivery of such Additional Repurchase Shares for the respective accounts account of the several Underwriters Company at 10:00 a.m., New York City time, on the date specified Closing Date as set forth in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. Schedule I. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as Date. The Purchase Price payable by the case may be, for the respective accounts of the several Underwriters, with Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Selling Shareholder shall be made to the Company such Selling Shareholder in Federal or other funds immediately available in New York City against delivery of such Firm Shares for the respective accounts account(s) of the several Underwriters Underwriter at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, February 19, 2013, or at such other time on the same or such other date, not later than the fifth busi...ness day thereafter, February 26, 2013, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, as shall be designated in writing by you. 16 The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. Date. The Firm Shares and Additional Shares shall be delivered to you on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts account(s) of the several Underwriters, with Underwriter. The Purchase Price payable by the Underwriter shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriter in connection with the transfer of the Shares to the Underwriters Underwriter duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
