DATE OF FIRST PAYMENT. We will make the first payment under Option 1 at the end of the first payment interval. We will make the first payment under Option 2, 3, 4 or 5 on the date on which the Option takes effect.
DATE OF FIRST PAYMENT Sample Clauses
Related to DATE OF FIRST PAYMENT
Default Exceeding 10% of Firm Units In the event that the default addressed in Section 6.1 above relates to more than 10% of the Firm Units, the Representative may, in its discretion, arrange for it or for another party or parties to purchase such Firm Units to which such default relates on the terms contained herein. If within one (1) Business Day after such default relating to more than 10% of the Firm Units the Representative do not arrange for the purchase of such Firm Units, then the Company shall be entitled to a further period of one (1) Business Day within which to procure another party or parties satisfactory to the Representative to purchase said Firm Units on such terms. In the event that neither the Representative nor the Company arrange for the purchase of the Firm Units to which a default relates as provided in this Section 6, this Agreement may be terminated by the Representative or the Company without liability on the part of the Company (except as provided in Sections 3.10, 5, and 9.3 hereof) or the several Underwriters (except as provided in Section 5 hereof); provided that nothing herein shall relieve a defaulting Underwriter of its liability, if any, to the other several Underwriters and to the Company for damages occasioned by its default hereunder.
The First Closing Date Delivery of certificates or electronic book entries, as applicable, for the Firm Shares to be subscribed for by the Underwriters and payment therefor shall be made at the offices of Xxxxxxxxx & Xxxxxxx LLP (or such other place as may be agreed to by the Company and the Representative) at 9:00 a.m. New York City time, on [—], or such other time and date not later than 1:30 p.m. New York City time, on [—] as the Representative shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Representative may provide notice to postpone the First Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representative to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.
Notice of Dividends; Fixing of Record Date for Holders of Receipts Whenever any cash dividend or other cash distribution shall become payable, any distribution other than cash shall be made, or any rights, preferences or privileges shall at any time be offered, with respect to the deposited Preferred Stock, or whenever the Depositary shall receive notice of (i) any meeting at which holders of such Preferred Stock are entitled to vote or of which holders of such Preferred Stock are entitled to notice or (ii) any election on the part of the Company to redeem any shares of such Preferred Stock, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred Stock) (the “record date”) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, to give instructions for the exercise of voting rights at any such meeting or to receive notice of such meeting or whose Depositary Shares are to be so redeemed.
Redemption or Repurchase Within Seven Days If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.
April a candidate for promotion shall give written notice to the Chair of the DRC and her Xxxx that an application is to be made. Within two weeks, the Xxxx shall forward a list of candidates for promotion to the Vice-President (Academic).
Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.
Default Not Exceeding 10% of Firm Units If any Underwriter or Underwriters shall default in its or their obligations to purchase the Firm Units and if the number of the Firm Units with respect to which such default relates does not exceed in the aggregate 10% of the number of Firm Units that all Underwriters have agreed to purchase hereunder, then such Firm Units to which the default relates shall be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.
Liability for Payment in Advance of Receipt of Securities Purchased In any and every case where payment for the purchase of Securities for the Fund is made by the Custodian in advance of receipt of the Securities purchased and in the absence of specified Written Instructions to so pay in advance, the Custodian shall be liable to the Fund for such payment.
Interest Payment Date 5 Maturity................................................... 5
November Sun Mon Tue Wed Thur Fri Sat 1 2 3 4 flw 5 flw 6 rdo 7 PH 8 rdo 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 DECEMBER Sun Mon Tue Wed Thu Fri Sat 3 4 PD 5 6 7 8 9 10 11 12 13 14 15 16 24 25 PH 26 PH 27 rdo 28 rdo 29 rdo 30 A/L = minimum agreed Xmas Closedown. PD = Picnic Day rdo = Rostered Day Off flw = Fixed Long Weekend(i.e. ne regular overtime) PH = Public Holiday (incl. days in lieu of Public Holidays) Xmas Closedown – 23/12/06 to 14/1/07 (7 RDO’s, 5 A/L) BUILDING INDUSTRY WORKING DAY CALENDAR 2007 JANUARY 7 8 A/L 9 A/L 10 Rdo 11 rdo 12 Rdo 13 28 29 rdo 30 31 flw FEBRUARY 11 12 rdo 13 14 15 16 17 25 26 27 28 MARCH flw 11 flw 12 PH 13 rdo 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 APRIL Sun Mon Tue Wed Thu Fri Sat 8 flw 9 PH 10 Ro 11 Rdo 12 rdo 13 Rdo 14 flw 22 23 24 25 PH 26 27 28 29 30 XXX 6 7 rdo 8 9 10 11 12 13 14 15 16 17 18 19 20 21 rdo 22 23 24 25 26 27 28 29 30 31 JUNE Sun Mon Tue Wed Thu Fri Sat 1 2 10 flw 11 PH 12 rdo 13 14 15 16 24 25 26 27 28 29 30 JULY Sun Mon Tue Wed Thu Fri Sat 8 9 rdo 10 11 12 13 14 22 23 rdo 24 25 26 27 28 29 30 31 AUGUST Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 5 6 rdo 7 8 9 10 11 12 13 14 15 16 17 18 19 20 rdo 21 22 23 24 25 26 27 28 29 30 31 SEPTEMBER Sun Mon Tue Wed Thu Fri Sat 30 flw 1 2 3 rdo 4 5 6 7 8 9 10 11 12 13 14 15 16 17 rdo 18 19 20 21 22 23 24 25 26 27 28 29 flw OCTOBER 7 8 9 10 11 12 13 28 29 30 31
