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 New York City against delivery to the nominee of such Firm Shares The Depository Trust Company ("DTC"), for the respective accounts account of the several Underwriters at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, May 24, 2018, or at such other time on the same or such other date, not later than the fifth business day thereafter,... as shall may 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 The Securities 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 global form, as 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 you, 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 Securities 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 Underwriters. The Purchase Price payable in connection with the transfer of the Shares to by the Underwriters duly paid, against payment of the Purchase Price therefor. shall be reduced by any withholding required by law. 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 New York City against delivery of such Firm Shares Securities for the respective accounts of the several Underwriters Initial Purchasers at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, November 17, 2017, or at such other time on the same or such other date, not later than the fifth business day thereafter, November 27, 2017, as sha...ll 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 Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares Securities for the respective accounts of the several Underwriters Initial Purchasers 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 last day thereafter, of the Option Closing Period, as shall be designated in writing by you. the Representative. The Firm Shares and Additional Shares Securities shall be in global form, and 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. 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 to be sold by the Company 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 at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, January 8, 2021, or at such other time on the same or such other date, not later than the fifth business day thereafter, January 14, 2021, as shall be designated i...n 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. 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 of the several Underwriters, with any transfer taxes Underwriters. The Purchase Price payable in connection with the transfer of the Shares to by the Underwriters duly paid, against payment of the Purchase Price therefor. shall be reduced by any withholding required by law. View More
Payment and Delivery. Payment for the Firm Shares to be sold by the Company shall be made to the Company in Federal or other funds by wire transfer of immediately available in New York City funds to a bank account designated by the Company against delivery of such Firm Shares for the respective accounts of the several Underwriters Underwriters. Payment of the purchase price for, and delivery of, the Firm Shares shall be made at the offices of Hogan Lovells US LLP, Park Place II, Ninth Floor, 7930 Jones Branch Drive, ...McLean, VA 22102, or at such other place as shall be agreed upon by the Representatives and the Company, at 10:00 a.m., Eastern Time, on the closing date and time set forth in Schedule I hereto, January 14, 2013, or at such other time on the same or such other date, not later than the fifth business day thereafter, January 21, 2013, as shall be designated in writing by you. the Representatives. 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 by wire transfer of immediately available in New York City funds to a bank account designated by the Company against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, Eastern Time, on the date specified in the corresponding notice described in Section 2 hereof or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, February 20, 2013, as shall be designated in writing by you. the Representatives. It is understood that each Underwriter has authorized the Representatives, for its account, to accept delivery of and receipt for and to make payment of the purchase price for the Firm Shares and the Additional Shares, if any, which it has agreed to purchase. The Representatives, individually and not as a representative of the Underwriters, may, but shall not be obligated to, make payment of the purchase price for the Firm Shares or the Additional Shares, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or the applicable Option Closing Date, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you the Representatives shall request in writing not later than one two full business day days prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Payment for the Firm Shares and Additional Shares Shares, as the case may be, shall be delivered made against delivery to you 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 paid by the Company. Delivery of the Purchase Price therefor. Firm Shares and Additional Shares, as the case may be, shall be made through the facilities of The Depository Trust Company ("DTC") unless the Representatives otherwise instruct. The certificates for the Firm Shares and Additional Shares, as the case may be, if any, will be made available for inspection and packaging by the Representatives at the office of DTC or its designated custodian not later than 1:00 p.m., Eastern Time, on the business day prior to the Closing Date or Option Closing Date, as the case may be. View More
Payment and Delivery. Payment for the Firm Shares shall be made to the Company in Company, by wire transfer of Federal or other funds immediately available in New York City funds, against delivery of such Firm Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, [●], 2019, or at such other time on the same or such other date, not later than the fifth business day thereafter, [●], 2019 as shall be designated in wr...iting by you. the Representative. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 The Company shall notify the Underwriters in writing at least one (1) business day in advance of the Closing Date of the account to which funds shall be transferred pursuant to the foregoing. Payment for any Additional Shares shall be made to the Company in Company, by wire transfer of Federal or other funds immediately available in New York City funds, 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, [●], 2019 as shall be designated in writing by you. the Representative. The Company shall notify the Underwriters in writing at least one (1) business day in advance of the Option Closing Date of the account to which funds shall be transferred pursuant to the foregoing. The Firm Shares and Additional Shares, including in each case such Shares delivered at the Representative's request in the form of SDRs in accordance with Section 2, 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. The Firm Shares and Additional Shares, including in each case such Shares delivered at the Representative's request in the form of SDRs in accordance with Section 2, 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, 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
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, March 9, 2020, or at such other time on the same or such other date, not later than the fifth business da...y thereafter, March 16, 2020, 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 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 Additional Shares for the respective accounts account of the several Underwriters Underwriter at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 3 or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, April 17, 2020, as shall be designated in writing by you. the Underwriter. The Firm Shares and Additional Shares shall be registered in such names and in such 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. 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 account 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
Payment and Delivery. Payment for the Firm Shares shall be made to the Company in Company, by wire transfer of Federal or other funds immediately available in New York City funds, against delivery of such Firm Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, May 28, 2019, or at such other time on the same or such other date, not later than the fifth business day thereafter, June 4, 2019 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 The Company shall notify the Underwriters in writing at least one (1) business day in advance of the Closing Date of the account to which funds shall be transferred pursuant to the foregoing. Payment for any Additional Shares shall be made to the Company in Company, by wire transfer of Federal or other funds immediately available in New York City funds, 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, July 8, 2019 as shall be designated in writing by you. the Representative. The Company shall notify the Underwriters in writing at least one (1) business day in advance of the Option Closing Date of the account to which funds shall be transferred pursuant to the foregoing. The Firm Shares and Additional Shares, including in each case such Shares delivered at the Representative's request in the form of SDRs in accordance with Section 2, 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. The Firm Shares and Additional Shares, including in each case such Shares delivered at the Representative's request in the form of SDRs in accordance with Section 2, 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, 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
Payment and Delivery. Payment for the Firm Shares to be sold by the Company shall be made to the Company in Federal or other funds by wire transfer of immediately available in New York City funds to a bank account designated by the Company against delivery of such Firm Shares for the respective accounts of the several Underwriters Underwriters. Payment of the purchase price for, and delivery of, the Firm Shares shall be made at the offices of Hogan Lovells US LLP, Park Place II, Ninth Floor, 7930 Jones Branch Drive, ...McLean, VA 22102, or at such other place as shall be agreed upon by the Representatives and the Company, at 10:00 a.m., Eastern Time, on the closing date and time set forth in Schedule I hereto, March 20, 2013, or at such other time on the same or such other date, not later than the fifth business day thereafter, March 27, 2013, as shall be designated in writing by you. the Representatives. 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 by wire transfer of immediately available in New York City funds to a bank account designated by the Company against delivery of such Additional Shares for the respective accounts of the several Underwriters at 10:00 a.m., New York City time, Eastern Time, on the date specified in the corresponding notice described in Section 2 hereof or at such other time on the same or on such other date, in any event not later than the tenth business day thereafter, April 26, 2013, as shall be designated in writing by you. the Representatives. It is understood that each Underwriter has authorized the Representatives, for its account, to accept delivery of and receipt for and to make payment of the purchase price for the Firm Shares and the Additional Shares, if any, which it has agreed to purchase. The Representatives, individually and not as a representative of the Underwriters, may, but shall not be obligated to, make payment of the purchase price for the Firm Shares or the Additional Shares, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or the applicable Option Closing Date, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Firm Shares and Additional Shares shall be registered in such names and in such denominations as you the Representatives shall request in writing not later than one two full business day days prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Payment for the Firm Shares and Additional Shares Shares, as the case may be, shall be delivered made against delivery to you 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 paid by the Company. Delivery of the Purchase Price therefor. Firm Shares and Additional Shares, as the case may be, shall be made through the facilities of The Depository Trust Company ("DTC") unless the Representatives otherwise instruct. The certificates for the Firm Shares and Additional Shares, as the case may be, if any, will be made available for 20 inspection and packaging by the Representatives at the office of DTC or its designated custodian not later than 1:00 p.m., Eastern Time, on the business day prior to the Closing Date or Option Closing Date, as the case may be. View More
Payment and Delivery. Payment for the Firm Shares to be sold by the Company shall be made to the Company in Federal or other funds immediately available in New York City Minneapolis, Minnesota against delivery of such Firm Shares for the respective accounts of the several Underwriters at 10:00 a.m. Central Time, on the closing date and time set forth in Schedule I hereto, October 16, 2013 or at such other time on the same or such other date, not later than the fifth business day thereafter, October 22, 2013, 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 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 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 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, 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
Payment and Delivery. Payment for the Firm Shares Securities shall be made to the Company in Federal or other funds Partnership by wire transfer of immediately available in New York City against delivery of such Firm Shares for the respective accounts of the several Underwriters funds 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 may 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. 13 The Firm Shares and Additional Shares Securities shall be registered in such names and in such denominations as you shall request in writing not later than one two full business day days 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. View More