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 shall be made to the Company or the Selling Shareholder, as applicable, 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, [●], 2017, or at such other time on the same or such other date, not later than the fifth business day thereafter, [●], 2017, as shall be designat...ed 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 or the Selling Shareholder, as applicable, 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., 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, [●], 2017, 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 through the facilities of DTC 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 paid and (ii) any withholding required by law. The Closing Date and any Option Closing Date are each sometimes referred to herein as a "Delivery Date." Deliveries of the Purchase Price therefor. documents described in Section 6 hereof with respect to the purchase of the Shares shall be made at the offices of Baker Botts L.L.P. at One Shell Plaza, 910 Louisiana Street, Houston, Texas 77002, at 9:00 A.M., New York City time, on the Closing Date or the applicable Option Closing Date, as the case may be. 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, [•], 2018, 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 writi...ng by you. 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 Seller shall be made to the Company such Seller 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, [•], 2018, as shall be designated in writing by you. 15 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 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
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 at approximately 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, February 19, 2019 or at such other time on the same or such other date, not later than the fifth business day thereafter, February 19, 2019 as shall be designated in writing b...y 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 approximately 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, March 15, 2019 as shall be designated in writing by you. the Representative. 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. 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 Underwriters. The Purchase Price payable by the Underwriters shall be reduced by (i) any transfer taxes paid or payable 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. and (ii) any withholding required by law. View More
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 at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, , 2018 or at such other time on the same or such other date, not later than the fifth business day thereafter, 1, 2018, as shall be designated in writing by you. the Representatives. The ti...me 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, 2, 2018, as shall be designated in writing by you. the Representatives. The Firm Shares and Additional Shares shall be registered in delivered to such names DTC accounts of the Underwriters, and in such denominations 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 DTC accounts notified by the Underwriters in accordance 1 To be five business days after the scheduled closing date. 2 To be ten business days after the expiration of the several Underwriters, greenshoe option. 15 with this Section 4, with any amounts in respect of any transfer taxes payable by the Underwriters 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 Company by the Underwriters. View More
Payment and Delivery. Payment for the Firm Shares shall be made to the Company in Federal or other funds by the wire transfer of immediately available in New York City funds to the order of the Company against delivery of such Firm Shares through the facilities of DTC 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, June 17, 2019, or at such other time on the same or such other date, not no later than three (3) busi...ness days after the fifth business day thereafter, date of this Agreement as shall be designated the Underwriters and the Company may agree upon in writing by you. writing. 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 the wire transfer of immediately available in New York City funds to the order of the Company against delivery of such Additional Shares through the facilities of DTC 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 17, 2019, as shall be designated in writing by you. The the Representatives. Certificates for the Firm Shares and the Additional Shares shall be transferred electronically and 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 certificates evidencing the Firm Shares and the Additional Shares shall be delivered to you on the Closing Date or an the Option Closing Date, as the case may be, for the respective accounts account 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. The Firm Shares and Additional Shares shall be delivered through the facilities of The Depository Trust Company. 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 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, after the date of such notice, as shall may be designated in writing by you. The time and date of such paymen...t 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 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, after the date of such notice, as shall may be designated in writing by you. The Firm Shares Securities and the Additional Shares Securities 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 11 payable in connection with the transfer of the Shares Securities to the Underwriters duly paid, against payment of the Purchase Price therefor. View More
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 at 10:00 a.m., New York City time, on the closing date and time set forth in Schedule I hereto, July [·], 2018, or at such other time on the same or such other date, not later than the fifth business day thereafter, July [·], 2018, as shall be designated in writing by you. The time an...d 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, July [·], 2018, 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 13 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 shall be made to the Company Selling Stockholders, in each case, 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, April [●], 2021, or at such other time on the same or such other date, not later than the fifth business day thereafter, April [●], 2021, as shall be des...ignated in writing by you. Morgan Stanley. 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 Custodian for the benefit of the Selling Stockholders, in each case, 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, May [●], 2021, as shall be designated in writing by you. the Representatives. 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 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 Seller] shall be made to the Company [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 shal...l be designated in writing by you. Morgan Stanley. 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, [•], 2021, as shall be designated in writing by you. the Representatives. 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 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 Delivery of 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 Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives in Federal or of funds immediately available in New York City to the account specified by the Company at 10:00 a.m., New York City time, on the closing date and time set forth in Schedu...le I hereto, January [•], 2018, or at such other time on the same or such other date, not later than the fifth business day thereafter, January [•], 2018, 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 Delivery of any Additional Shares shall be made to the Company in Federal or other funds immediately available in New York City against delivery payment 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, February [•], 2018, 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. Delivery of the Shares shall be made through the Facilities of The Depository Trust Company unless the Representatives shall otherwise instruct. View More
