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. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005 at 10:00 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 26, 2018, or at such other time or place on the same or such other date, not ...later than the fifth business day thereafter, as shall be designated the Representative and the Company may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 (b) Payment for any Additional Shares the Securities shall be made by wire transfer in immediately available funds to the account(s) specified by the Company in Federal or other funds immediately available in New York City to the Representative against delivery to the nominee of such Additional 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 Initial Purchasers, of one or more global notes representing the date specified in Securities (collectively, the corresponding notice described in Section 2 or at such "Global Note" and, together with any other time on Global Note, 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, "Global Notes"), with any transfer taxes payable in connection with the transfer sale of the Shares Securities duly paid by the Company. The Global Notes will be made available for inspection by the Representative not later than 1:00 P.M., New York City time, on the business day prior to the Underwriters duly paid, against payment of the Purchase Price therefor. Closing Date. View More
Payment and Delivery. Payment for the Firm Shares Securities shall be made to the Company Issuers in Federal or other funds immediately available in New York City against delivery of such Firm Shares the Notes 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, March 28, 2013, or at such other time on the same or such other date, not later than the fifth business day thereafter, April 4, 2013, as sha...ll be designated in writing by you. Morgan Stanley & Co. LLC. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares Time shall be made of the essence, and delivery at the time and place specified in this Agreement is a condition to the Company in Federal or other funds immediately available in obligations of the Initial Purchasers. The closing of the sale of the Securities shall occur at the offices of Cahill Gordon & Reindel LLP, 80 Pine St, New York, New York City against delivery 10005 (or such other place as may be agreed to by the Issuers and Morgan Stanley & Co. LLC). The Issuers hereby acknowledge that circumstances under which Morgan Stanley & Co. LLC may provide notice to postpone the Closing Date as originally scheduled include, but are in no way limited to, any determination by the Issuers or the Initial Purchasers to recirculate to investors copies of such Additional Shares for an amended or supplemented Offering Memorandum or a delay as contemplated by the respective accounts provisions of the several Underwriters at 10:00 a.m., New York City time, on the date specified Section 10 hereof. The Notes shall be in global form, with separate global Notes representing Notes sold pursuant to Rule 144A and Notes sold pursuant to Regulation S, and registered in the corresponding notice described in Section 2 name of DTC 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 its nominee 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 Date. Such Global Notes shall be delivered to you the Trustee, as custodian for DTC, on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, Initial Purchasers as beneficial owners of such Securities, 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. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Cahill Gordon & Reindel LLP at 10:00 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, May 30, 2019 or at such other time or place on the same or such other date, not later than the fifth business day thereafter,... as shall be designated the Initial Purchaser and the Issuer may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 Payment for any Additional Shares shall be made to Date" and the Company in Federal or other funds immediately available in New York City against delivery time 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, is referred to herein as the case may be, "Closing." (b) Payment for the respective accounts Securities shall be made by payment of the several Underwriters, Purchase Price to the account or accounts specified by the Issuer by wire transfer in immediately available funds against delivery to the nominee of The Depository Trust Company ("DTC"), for the account of the Initial Purchaser, of one or more global notes representing the Securities (collectively, the "Global Note"), with any transfer taxes payable in connection with the transfer sale of the Shares Securities duly paid by the Issuer. The Global Note will be made available for inspection by the Initial Purchaser not later than 1:00 P.M., New York City time, on the business day prior to the Underwriters duly paid, against payment of the Purchase Price therefor. Closing Date. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, New York 10017 at 10:00 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 1, 2020, or at such other time or place on the same or such other dat...e, not later than the fifth business day thereafter, as shall be designated the Representative and the Company may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 (b) Payment for any Additional Shares the Securities shall be made by wire transfer in immediately available funds to the account(s) specified by the Company in Federal or other funds immediately available in New York City to the Representative against delivery to the nominee of such Additional 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 Initial Purchasers, of one or more global notes representing the date specified in Securities (collectively, 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, "Global Note"), with any transfer taxes payable in connection with the transfer sale of the Shares to Securities duly paid by the Underwriters duly paid, against payment of the Purchase Price therefor. Company. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Notes will be made to at the Company in Federal or other funds immediately available in offices of Simpson Thacher & Bartlett LLP, 425 Lexington Avenue, New York, New York, 10017, at 10:00 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, October 4, 2017, or at such other time or place on the same or such other dat...e, not later than the fifth third business day thereafter, as shall be designated the Representatives and the 3 Company may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 Date". (b) Payment for any Additional Shares the Notes shall be made by wire transfer in immediately available funds to the account(s) specified by the Company in Federal or other funds immediately available in New York City to the Representatives against delivery of such Additional Shares to the Depositary, for the respective accounts account of the several Underwriters, of global notes representing the Notes purchased by the Underwriters at 10:00 a.m., (collectively, the "Global Notes"). The Global Notes will be made available for inspection by the Representatives not later than 1:00 p.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. Date. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in New York City against delivery offices 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 payme...nt 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 Cahill Gordon & Reindel LLP at 10:00 a.m., New York City time, on the date specified in the corresponding notice described in Section 2 May 22, 2015, or at such other time or place on the same or on such other date, in any event not later than date as 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 shall request the Issuers may agree upon in writing not later than the fifth business day thereafter. The time and date of such payment and delivery is referred to herein as the "Closing Date." (b) Payment for the Securities shall be made by wire transfer in immediately available funds to the account(s) specified by the Issuers to the Representative against delivery to the nominee of The Depository Trust Company ("DTC"), for the account of the Initial Purchasers, of one full or more global notes representing the Securities (collectively, the "Global Note"), with any transfer and other stamp, excise or similar taxes payable in connection with the sale of the Securities duly paid by the Issuers. The Global Note will be made available for inspection by the Representative not later than 1:00 p.m., New York City time, on the 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. Date. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005 at 10:00 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, October 26, 2018, or at such other time or place on the same or such other date, no...t later than the fifth business day thereafter, as shall be designated the Representative and the Company may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 (b) Payment for any Additional Shares the Securities shall be made by wire transfer in immediately available funds to the account(s) specified by the Company in Federal or other funds immediately available in New York City to the Representative against delivery to the nominee of such Additional 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 Initial Purchasers, of one or more global notes representing the date specified in Securities (collectively, 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, "Dollar Global Notes"), with any transfer taxes payable in connection with the transfer sale of the Shares Securities duly paid by the Company. The Dollar Global Notes will be made available for inspection by the Representative not later than 1:00 P.M., New York City time, on the business day prior to the Underwriters duly paid, against payment of the Purchase Price therefor. Closing Date. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Cahill Gordon & Reindel LLP at 10:00 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, February 18, 2016, or at such other time or place on the same or such other date, not later than the fifth business day there...after, as shall be designated the Representative and the Escrow Issuer may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 (b) Payment for any Additional Shares the Securities shall be made by wire transfer in immediately available funds of the net proceeds of the offering of the Securities into the Escrow Account against delivery to the nominee of The Depository Trust Company in Federal or other funds immediately available in New York City against delivery of such Additional Shares ("DTC"), for the respective accounts account of the several Underwriters at 10:00 a.m., New York City time, on Initial Purchasers, of one or more global notes representing the date specified in Securities (collectively, 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, "Global Note"), with any transfer taxes payable in connection with the transfer sale of the Shares Securities duly paid by the Company. The Global Note will be made available for inspection by the Representative not later than 1:00 p.m., New York City time, on the business day prior to the Underwriters duly paid, against payment of the Purchase Price therefor. Closing Date. View More
Payment and Delivery. (a) Payment for and delivery of the Firm Shares shall Securities will be made to at the Company in Federal or other funds immediately available in offices of Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005 at 10:00 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, October 25, 2019, or at such other time or place on the same or such other date, no...t later than the fifth business day thereafter, as shall be designated the Representative and the Company may agree upon in writing by you. writing. The time and date of such payment are hereinafter and delivery is referred to herein as the "Closing Date." 15 (b) Payment for any Additional Shares the Securities shall be made by wire transfer in immediately available funds to the account(s) specified by the Company in Federal or other funds immediately available in New York City to the Representative against delivery to the nominee of such Additional 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 Initial Purchasers, of one or more global notes representing the date specified in Securities (collectively, 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, "Dollar Global Notes"), with any transfer taxes payable in connection with the transfer sale of the Shares Securities duly paid by the Company. The Dollar Global Notes will be made available for inspection by the Representative not later than 1:00 P.M., New York City time, on the business day prior to the Underwriters duly paid, against payment of the Purchase Price therefor. Closing Date. View More
Payment and Delivery. Payment for the Firm Shares to be sold by each Seller shall be made to the Company such Seller 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, [____________], 2021, or at such other time on the same or such other date, not later than the fifth business day thereafter, [_________], 2021, as sha...ll 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 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 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, [_______], 2021, as shall be designated in writing by you. the Representatives. 20 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 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 Representatives on the Closing Date or an Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, with Underwriters. The Purchase Price payable by the Underwriters shall be reduced by (i) any transfer taxes payable paid by, or on behalf of, the Underwriters in connection with the transfer of the Shares to the Underwriters duly paid, against payment of the Purchase Price therefor. paid and (ii) any withholding required by law. View More
