Certificates and Payment. Upon execution of this Agreement, the Company will deliver to the Purchaser a certificate or certificates representing the number of Shares purchased hereunder against delivery to the Company by the Purchaser of a check in the amount of the purchase price therefor, payable to the Company’s order, or a wire transfer to the Company’s bank account per the Company’s instructions.
Certificates and Payment. 24A.1 Preliminary Payment and First Payment
Certificates and Payment. Contractor to include Sub- Contractor’s payment application 26.1 The Sub-Contractor shall at such intervals agreed with the Contractor, submit complete details and particulars to the Contractor to consider and ascertain the amount to be included in the payment application under the Main Contract. Any failure by the Sub- Contractor to submit a payment application within the agreed time shall be deemed to be a waiver of his contractual entitlement for that interim payment. Sub- Contractor’s payment 26.2 The Sub-Contractor’s payment application shall, subject to any agreement between the parties as to stage payments, be the total value of work properly executed and include the percentage of the value of materials and goods stated in Appendix ‘C’. The materials and goods must be for incorporation into the permanent works and have been delivered to and properly stored at the Site and be protected against loss, damage or deterioration, and be in accordance with the Sub-Contract. The payment application shall only include the value of materials and goods which are reasonably, properly and not prematurely brought to the Site. Sub- Contractor’s payment and Contractor’s entitlement to set-off 26.3 When issuing any payment certificates under Clause 30.1 of the Main Contract Conditions, the Architect shall also indicate separately any amount due to the Sub- Contractor under the Sub-Contract. The payment by the Contractor to the Sub- Contractor shall be made within seven (7) Days after the Period of Honouring Certificates, less any Retention Fund which may be retained by the Contractor in accordance with the Main Contract Conditions, and less the amounts previously certified under the Sub-Contract Conditions. The Contractor shall be entitled to separately withhold and/or deduct from any payment due to the Sub-Contractor any set-off which the Contractor is expressly entitled to make under the Sub-Contract.
Certificates and Payment. 5.1 As soon as practicable following the later of the Effective Date and the surrender to the Depositary for cancellation of a certificate or certificates (as applicable) which, immediately prior to the Effective Time, represented outstanding ESI Shares, together with a duly completed and executed Letter of Transmittal and such additional documents and instruments as the Depositary may reasonably require, ESI Shareholders, represented by such surrendered certificate(s), shall be entitled to receive in exchange therefor, and the Depositary shall deliver to such holder, the New ESI Shares which such holder has the right to receive under this Plan of Arrangement for such ESI Shares, or, if requested by such former holder in the applicable Letter of Transmittal, make available for pick up at its offices during normal business hours, share certificate(s) representing the New ESI Shares.
Certificates and Payment. Payment application and issuance of Architect’s certificate 30.1 The Contractor shall submit a payment application at the Interim Claim Interval stated in the Appendix with complete details and particulars as required by the Architect and Quantity Surveyor, to enable them to consider and ascertain the amount to be included in an Interim Certificate. Upon receipt of the Contractor's details and particulars, the Architect after having received the payment valuation from the Quantity Surveyor shall, within twenty one (21) Days from the date of receipt of the Contractor’s application, issue an Interim Certificate to the Employer with a copy to the Contractor, and the Employer shall thereafter pay the amount certified to the Contractor within the Period of Honouring Certificates. Any failure by the Contractor to submit a payment application shall be deemed to be a waiver of his contractual entitlement for that Interim Certificate, and the Architect may or may not issue an Interim Certificate under the circumstances. After the issuance of the Certificate of Practical Completion, Interim Certificates shall be issued as and when further amounts are ascertained by the Architect and Quantity Surveyor as payable to the Contractor by the Employer.
Certificates and Payment
