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 29, 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 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, 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 28, 2020, 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 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 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, 2022, 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 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 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, November 16, 2020, or at such other time or place on the same or such other d...ate, not later than the fifth third business day thereafter, as shall be designated the Representatives 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 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 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, December 1, 2021 or at such other time or place on the same or such other date, not later than the fifth business day thereaf...ter, as shall be designated the Representatives 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 (b) Payment for any Additional Shares the Securities shall be made by wire transfer of immediately available funds by deposit of the Purchase Price of the Securities into the account(s) specified by the Issuer to the Company in Federal or other funds immediately available in New York City Representatives against delivery to the nominee of such Additional Shares The Depository Trust Issuer ("DTC"), for the respective accounts account of the several Underwriters at 10:00 a.m., New York City time, on Underwriters, 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 to the Underwriters duly paid, against payment of paid by the Purchase Price therefor. Issuer. The Global Note will be made available for inspection by the Representatives not later than 5:00 P.M., New York City time, on the business day prior to the Closing Date. 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, October 29, 2021, or at such other time on the same or such other date, not later than the fifth business day thereafter, November 5, 2021, as shall... 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 Such delivery and payment shall be made at the offices of Simpson Thacher & Bartlett LLP (or such other place as may be agreed to by the Company and Morgan Stanley). The Company hereby acknowledges that circumstances under which Morgan Stanley may provide notice to postpone the Closing Date as originally scheduled include, but are in Federal no way limited to, any determination by the Company or other funds immediately available in New York City against delivery the Initial Purchasers to recirculate to investors copies of such Additional Shares for an amended or supplemented Time of Sale Memorandum or Final 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 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 10 hereof. The Securities shall be designated in writing definitive form or global form, as specified by you. The Firm Shares Morgan Stanley, and Additional Shares shall be registered in such names and in such denominations as you Morgan Stanley 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 Representatives 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. Time shall be of the essence, and delivery at the time and place specified in this Agreement is a condition to the obligations of the Initial Purchasers. 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, [____________], 2021, or at such other time on the same or such other date, not later than the fifth business day thereafter, [_________], 2021, as shall be design...ated 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 and the Selling Shareholders 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. 19 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. (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 Cravath, Swaine & Moore LLP, 825 Eighth Avenue, New York, New York 10019 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 23, 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 Date". 3 (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 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 Cravath, Swaine & Moore LLP, 825 Eighth Avenue, New York, New York 10019 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, June 7, 2016, 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 Date". (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 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. 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, December 10, 2019, or at such other time on the same or such other date, not later than the fifth business day thereafter, date as shall be designat...ed in writing by you. J.P. Morgan Securities LLC. The time and date of such payment are hereinafter referred to as the "Closing Date." 15 Payment for any Additional Shares Such delivery and payment shall be made at the offices of Cahill Gordon & Reindel llp, Eighty Pine Street, New York, New York 10005 (or such other place as may be agreed to by the Company and J.P. Morgan Securities LLC). The Company hereby acknowledges that circumstances under which J.P. Morgan Securities LLC may provide notice to postpone the Closing Date as originally scheduled include, but are in Federal no way limited to, any determination by the Company or other funds immediately available in New York City against delivery 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 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 10 hereof. -15- The Securities shall be designated in writing definitive form or global form, as specified by you. The Firm Shares the 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 and unpaid interest, if any, from August 1, 2019 to the date of payment and delivery. Time shall be of the essence, and delivery at the time and place specified in this Agreement is a condition to the obligations of the Initial Purchasers. View More