Payment and Delivery Clause Example with 4 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 Units to be sold by the Partnership shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Firm Units for the respective accounts of the several Underwriters at 10:00 a.m., Central Time, on October 19, 2016, or at such other time on the same or such other date, not later than October 19, 2016, as shall be designated in writing by Raymond James. The ti...me and date of such payment are hereinafter referred to as the "Closing Date." Payment for any Additional Units shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Additional Units for the 20 respective accounts of the several Underwriters at 10:00 a.m., Central 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 November 25, 2016, as shall be designated in writing by Raymond James. The Firm Units and Additional Units shall be registered in such names and in such denominations as Raymond James 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 Units and Additional Units shall be delivered to Raymond James 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 Units to the Underwriters duly paid, against payment of the Purchase Price therefor. Delivery of the Units shall be made through the facilities of The Depository Trust Company ("DTC") for the accounts of the Underwriters. View More

Variations of a "Payment and Delivery" Clause from Business Contracts

Payment and Delivery. Payment for the Firm Units to be sold by the Partnership shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Firm Units for the respective accounts of the several Underwriters at 10:00 a.m., Central Time, on October November 19, 2016, 2014, or at such 26 other time on the same or such other date, not later than October 19, 2016, November 26, 2014, as shall be designate...d in writing by Raymond James. Baird. The time and date of such payment are hereinafter referred to as the "Closing Date." Payment for any Additional Units shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Additional Units for the 20 respective accounts of the several Underwriters at 10:00 a.m., Central 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 November 25, 2016, December 29, 2014, as shall be designated in writing by Raymond James. Baird. The Firm Units and Additional Units shall be registered in such names and in such denominations as Raymond James Baird 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 Units and Additional Units shall be delivered to Raymond James Baird 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 Units to the Underwriters duly paid, against payment of the Purchase Price therefor. Delivery of the Units shall be made through the facilities of The Depository Trust Company ("DTC") for the accounts of the Underwriters. View More
Payment and Delivery. Payment for the Firm Units to be sold by the Partnership shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Firm Units for the respective accounts of the several Underwriters at 10:00 a.m., Central Time, on October 19, August 8, 2016, or at such other time on the same or such other date, not later than October 19, August 8, 2016, as shall be designated in writing by R...aymond James. UBS. The time and date of such payment are hereinafter referred to as the "Closing Date." Payment for any Additional Units shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Additional Units for the 20 respective accounts of the several Underwriters at 10:00 a.m., Central 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 November 25, September 19, 2016, as shall be designated in writing by Raymond James. UBS. 18 The Firm Units and Additional Units shall be registered in such names and in such denominations as Raymond James UBS 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 Units and Additional Units shall be delivered to Raymond James UBS 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 Units to the Underwriters duly paid, against payment of the Purchase Price therefor. Delivery of the Units shall be made through the facilities of The Depository Trust Company ("DTC") for the accounts of the Underwriters. View More
Payment and Delivery. Payment for the Firm Units to be sold by the Partnership shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Firm Units for the respective accounts of the several Underwriters at 10:00 a.m., Central Time, on October 19, 2016, April 2, 2018, or at such other time on the same or such other date, not later than October 19, 2016, April 2, 2018, as shall be designated in wr...iting by Raymond James. The time and date of such payment are hereinafter referred to as the "Closing Date." Payment for any Additional Units shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Additional Units for the 20 respective accounts of the several Underwriters at 10:00 a.m., Central 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 November 25, 2016, May 7, 2018, as shall be designated in writing by Raymond James. The Firm Units and Additional Units shall be registered in such names and in such denominations as Raymond James 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 Units and Additional Units shall be delivered to Raymond James 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 Convertible Units to the Underwriters duly paid, against payment of the Purchase Price therefor. Delivery of the Convertible Units shall be made through the facilities of The Depository Trust Company ("DTC") for the accounts of the Underwriters. View More
Payment and Delivery. Payment for the Firm Units to be sold by the Partnership shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Firm Units for the respective accounts of the several Underwriters at 10:00 a.m., Central Time, on October 19, 2016, May 20, 2015, or at such other time on the same or such other date, not later than October 19, 2016, May 27, 2015, as shall be designated in writ...ing by Raymond James. The time and date of such payment are hereinafter referred to as the "Closing Date." Payment for any Additional Units shall be made to the Partnership in Federal same day funds by wire transfer to a bank account reasonably acceptable to the Partnership and the Underwriters against delivery of such Additional Units for the 20 respective accounts of the several Underwriters at 10:00 a.m., Central 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 November 25, 2016, June 23, 2015, as shall be designated in writing by Raymond James. The Firm Units and Additional Units shall be registered in such names and in such denominations as Raymond James shall request in writing not later than one full 21 business day prior to the Closing Date or the applicable Option Closing Date, as the case may be. The Firm Units and Additional Units shall be delivered to Raymond James 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 Units to the Underwriters duly paid, against payment of the Purchase Price therefor. Delivery of the Units shall be made through the facilities of The Depository Trust Company ("DTC") for the accounts of the Underwriters. View More