Common use of Commitment, Closing Date Clause in Contracts

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Obligors agree to issue and sell to each Purchaser, and each Purchaser agrees to purchase from the Obligors, 1995 Notes of the Obligors in the aggregate principal amount and of the tranche set forth opposite such Purchaser’s name in Schedule I, at a price of 100% of the principal amount thereof on the Closing Date hereinafter mentioned. Delivery of the 1995 Notes will be made at the offices of ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, against payment therefor in Federal or other funds current and immediately available at the principal office of M&I ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Bank, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ABA # ▇▇▇-▇▇▇-▇▇▇ Account No. 27-8823 in the amount of the purchase price at 10:00 A.M., Chicago time, on September 28, 1995 or such later date (not later than September 29, 1995) as the Obligors shall specify by not less than five Business Days’ prior written notice to each Purchaser (the “Closing Date”). The 1995 Notes delivered to each Purchaser on the Closing Date will be delivered to each Purchaser in the form of a single registered Note of the appropriate tranche and for the full amount of each Purchaser’s purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser’s name or in the name of such nominee as such Purchaser may specify and in substantially the form attached hereto as Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, respectively, as the case may be, all as such Purchaser may specify at any time prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Obligors agree Company agrees to issue and sell to each Purchaser, and each Purchaser agrees to purchase from the ObligorsCompany, 1995 Notes of the Obligors Debentures in the aggregate aggregated principal amount and of the tranche set forth opposite such Purchaser’s name in Schedule I, $4,000,000 at a price of 100% of the principal amount thereof on the Closing Date hereinafter mentionedthereof. Delivery of the 1995 Notes Debentures will be made at the offices of Sherrard & Roe, PLC, 424 Church Street, Suite 2000, ▇▇▇▇▇▇▇ and ▇le, ▇▇nnessee ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇, against payment therefor in Federal or other funds current and immediately available at the principal office of M&I ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Bank, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ABA # ▇▇▇-▇▇▇-▇▇▇ Account No. 27-8823 ansfer in immediately available funds and to the accounts and in the amount of amounts in accordance with the purchase price Company's wire instructions set forth on Exhibit B hereto, at 10:00 A.M., Chicago Nashville time, on September 28March 27, 1995 1997, or such later date (not later than September 29, 1995) as the Obligors Company and Purchaser shall specify by not less than five Business Days’ prior written notice to each Purchaser agree (the “"Closing Date”"). The 1995 Notes Debentures delivered to each Purchaser on the Closing Date will be delivered to each Purchaser in the form of a single registered Note of the appropriate tranche and Debenture for the full amount of each Purchaser’s such purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser’s 's name or in the name of such nominee as such Purchaser may specify and and, with appropriate insertions, in substantially the form attached hereto as Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, respectively, as the case may beA, all as such Purchaser may specify at any time least 24 hours prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, (i) the Obligors agree Company agrees to issue and sell to each PurchaserTandem, and each Purchaser Tandem agrees to purchase from the ObligorsCompany, 1995 Notes of the Obligors Debentures in the aggregate principal amount of $2,000,000, and (ii) the Company agrees to issue and sell to Argosy, and Argosy agrees to purchase from the Company, Debentures in the aggregate principal amount of the tranche set forth opposite such Purchaser’s name $500,000, in Schedule I, each case at a price of 100% of the principal amount thereof on the Closing Date hereinafter mentionedthereof. Delivery of the 1995 Notes Debentures will be made at the offices of ▇▇▇▇▇▇▇▇ and ▇▇▇& ▇▇▇, ▇▇▇ ▇PLC, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, against payment therefor in Federal or other funds current and immediately available at the principal office of M&I ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Bank, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ABA # ▇▇▇-▇▇▇-▇▇▇ Account No. 27-8823 against payment therefor by federal funds wire transfer in immediately available funds and to the accounts and in the amount of amounts in accordance with the purchase price Company's wire instructions set forth on Exhibit B hereto, at 10:00 A.M., Chicago Nashville time, on September 28January 2, 1995 1998, or such later date (not other date, but no later than September 29January 30, 1995) 1998, as the Obligors Company shall specify by not less than five Business Days’ determine, upon two (2) business days prior written notice to each Purchaser Purchasers (the “"Closing Date”"). The 1995 Notes Debentures delivered to each Purchaser Purchasers on the Closing Date will be delivered to each Purchaser Purchasers in the form of a single registered Note of the appropriate tranche and Debenture as to each Purchaser for the full amount of each Purchaser’s such purchase (unless different denominations are specified by such Purchaser), registered in such the respective Purchaser’s 's name or in the name of such nominee as such each Purchaser may specify and and, with appropriate insertions, in substantially the form attached hereto as Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, respectively, as the case may beA-1, all as such each Purchaser may specify at any time least 24 hours prior to the date fixed for delivery.