By Wire Transfer Clause Samples
The "By Wire Transfer" clause specifies that payments under the agreement must be made via electronic funds transfer directly between bank accounts. In practice, this means that all monetary transactions, such as fees, deposits, or other payments, are to be completed using secure wire transfer methods rather than checks or cash. This clause ensures prompt, traceable, and secure payment processing, reducing the risk of lost payments and providing clear records for both parties.
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By Wire Transfer. To make an Advance, Lender shall wire funds, as applicable, upon compliance by Borrower with the terms of this Agreement; provided, however, that Lender shall not wire funds to any Closing Agent or warehouse lender that is not an Approved Payee unless such Lender has waived such condition pursuant to Section 3.7(iii). The wiring of funds by Lender to any Closing Agent or warehouse lender that is not an Approved Payee shall not make such Closing Agent or warehouse lender an Approved Payee. Any funds disbursed by Lender to Borrower or its Approved Payee by wire transfer shall be subject to all applicable federal, state and local laws and regulations and policy of the Board of Governors of the Federal Reserve System on Reduction of Payments System Risk as such policy may be changed or amended from time to time. Borrower acknowledges that as a result of such applicable law and policy, the transmission of a disbursement by wire transfer may be delayed.
By Wire Transfer. Forward this Subscription Agreement to the address listed above. Wiring instructions are as set forth on in the instructions to this Subscription Agreement.
By Wire Transfer. ETC Texas Pipeline, Ltd.
By Wire Transfer. Forward this Subscription Agreement to the address listed above. Wiring instructions are as set forth in the instructions to this Subscription Agreement. ☐ Custodial Accounts – Forward this Subscription Agreement directly to the custodian
By Wire Transfer. All documents executed by both Seller and Buyer shall be executed within the State of Louisiana. The Closing Date shall occur on or before May 29, 1998, (except to the extent that an additional time for closing may be allowed as provided in Section 4.02) or such date as the parties may mutually agree upon. With the exception of section 3.01 (B), if all of such conditions and contingencies to Buyer's obligations have not been satisfied or waived in writing on or before May 29, 1998, (or the expiration of any additional time allowed for closing, as provided in Section 4.02), then either party may (provided the non-fulfillment of the condition is not attributable to its fault), without penalty, terminate this Agreement, whereupon each party shall be relieved of all obligations hereunder. For the purposes of this paragraph, if documents are transmitted by facsimile they shall be transmitted to the Seller in care of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ whose facsimile number is ▇▇▇-▇▇▇-▇▇▇▇ with original documents being transmitted to Seller in care of Mr. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. As to Buyer, documents shall be transmitted in care of ▇▇. ▇. ▇. ▇▇▇▇▇▇▇▇▇, Jr., by facsimile at ▇▇▇-▇▇▇-▇▇▇▇ with original documents being transmitted in care of ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇.