Purchase Sale and Delivery of the Securities Clause Example with 25 Variations from Business Contracts

This page contains Purchase Sale and Delivery of the Securities 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.
Purchase Sale and Delivery of the Securities. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, at a purchase price of 98.808% of the principal amount of the Notes and accrued interest, if any, from May 20, 2015 to, but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set fo...rth opposite the names of the Underwriters in Exhibit A hereto. The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives at the office of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, at 10:00 a.m., New York time, on May 20, 2015, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection at the above office of Davis Polk & Wardwell LLP at least 24 hours prior to the Closing Date. View More Arrow

Variations of a "Purchase Sale and Delivery of the Securities" Clause from Business Contracts

Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, the principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.800% of the principal amount thereof, in the case of the 2026 Notes purchased by such Underw...riter, and accrued interest, if any, from May 20, 2015 to, but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names 99.700% of the Underwriters principal amount thereof, in Exhibit A hereto. the case of the 2028 Notes purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Moore LLP at 10:00 a.m., New York time, on May 20, 2015, November 4, 2022, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, the principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.600% of the principal amount of the Notes and accrued interest, if any, from May 20, 2015 to..., but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. thereof purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Moore LLP at 10:00 a.m., New York time, on May 20, 2015, August 4, 2022, or at such other time not later than seven full business 10 days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, the principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.700% of the principal amount of the Notes and accrued interest, if any, from May 20, 2015 to..., but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. thereof purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Moore 10 LLP at 10:00 a.m., New York time, on May 20, 2015, November 18, 2021, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, the 10 respective principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.700% of the principal amount of the Notes and accrued interest, if any, from M...ay 20, 2015 to, but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell Moore LLP, 450 Lexington Avenue, New York, NY 10017, on the Closing Date. The time and date of such delivery and payment shall be at 10:00 a.m., New York time, on May 20, 2015, 15, 2017, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, Company the respective principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.448% of the respective principal amount of the Notes and accrued interest..., if any, from May 20, 2015 to, but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell Moore LLP, 450 Lexington Avenue, New York, NY 10017, on the Closing Date. The time and date of such delivery and payment shall be at 10:00 a.m., New York time, on May 20, 2015, December 15, 2014, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds 10 and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees Issuers agree to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, Issuers at a purchase price of 98.808% 99.469% of the principal amount of the 2027 Notes and plus accrued interest, if any, and 97.611% of the principal amount of the 2052 Notes plus accrued interest, if any, both f...rom May 20, 2015 February 28, 2022 to, but excluding the Closing Date (as hereinafter defined) (the "Purchase Price"), the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. The Company Issuers will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price Purchase Price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives at through the office offices of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, at 10:00 a.m., New York time, on May 20, 2015, February 28, 2022, or at such other time not later than seven full business days thereafter as the Representatives and the Company Issuers determine, such time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection at the above office of Davis Polk & Wardwell LLP at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. (a) On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, the principal amount of Securities set forth opposite such Underwriter's name in Schedule I hereto at a purchase price of 98.808% 99.306% of the principal amount of the Notes and accrued interest, if any, from May 20, 2015 to..., but excluding the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. thereof purchased by such Underwriter. (b) The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives drawn to the order of the Company at the office of Davis Polk Cravath, Swaine & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Moore LLP at 10:00 a.m., New York time, on May 20, 2015, March 3, 2021, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such date and time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection checking at the above office of Davis Polk & Wardwell LLP the Depository Trust Company ("DTC") or its designated custodian at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, at a purchase price of 98.808% 98.689% of the principal amount of the Additional Notes plus accrued interest of $2,756,250 from May 28, 2014 to, but excluding August 19, 2014 and accrued interest, if any, from May 20, 2015 August... 19, 2014 to, but excluding 7 the Closing Date (as hereinafter defined) the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives at the office of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, at 10:00 a.m., New York time, on May 20, 2015, August 19, 2014, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection at the above office of Davis Polk & Wardwell LLP at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, at a purchase price of 98.808% 98.896% of the principal amount of the Notes and Securities, plus accrued interest, if any, interest from May 20, 2015 to, but excluding 14, 2014 to the Closing Date (as hereinafter defined) the res...pective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. The Company will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives at the office of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, 99 Gresham Street, London EC2R 7, United Kingdom, at 10:00 a.m., New York London time, on May 20, 2015, 14, 2014, or at such other time not later than seven full business days thereafter as the Representatives and the Company determine, such time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection at the above office of Davis Polk & Wardwell LLP at least 24 hours prior to the Closing Date. View More Arrow
Purchase Sale and Delivery of the Securities. On the basis of the representations, warranties and agreements and subject to the terms and conditions set forth herein, the Company agrees Issuers agree to sell to the several Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company, Issuers at a purchase price of 98.808% 99.372% of the principal amount of the Notes and plus accrued interest, if any, from May 20, 2015 September 12, 2022 to, but excluding the Closing Date (as hereinafter defined)... (the "Purchase Price"), the respective principal amounts of Securities set forth opposite the names of the Underwriters in Exhibit A hereto. The Company Issuers will deliver the Securities to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price Purchase Price by the Underwriters in Federal (same day) funds by wire transfer to an account at a bank acceptable to the 7 Representatives at through the office offices of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, at 10:00 a.m., New York time, on May 20, 2015, September 12, 2022, or at such other time not later than seven full business days thereafter as the Representatives and the Company Issuers determine, such time being herein referred to as the "Closing Date". For purposes of Rule 15c6-1 under the Exchange Act, the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of securities for all the Securities sold pursuant to the offering. The Securities so to be delivered or evidence of their issuance will be made available for inspection at the above office of Davis Polk & Wardwell LLP at least 24 hours prior to the Closing Date. View More Arrow