Common use of Delivery of and Payment for the Shares Clause in Contracts

Delivery of and Payment for the Shares. Delivery to the Underwriter of and payment for the Shares shall be made, subject to Section 7, at the office of Xxxxxx & Xxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or on the fourth full business day if this Agreement is executed after the daily closing time of the New York Stock Exchange, or at such other date or place as shall be determined by agreement between the Underwriter and the Company. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriter for the account of the Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer or, at the Company's election, by certified or official bank check or checks payable in same day funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriter shall request in writing not less than two full business days prior to the First Delivery Date. For the purpose of expediting the checking and packaging of the certificates for the Shares, the Company shall make the certificates representing the Shares available for inspection by the Underwriter in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the First Delivery Date.

Appears in 1 contract

Samples: Underwriting Agreement (Prentiss Properties Trust/Md)

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Delivery of and Payment for the Shares. Delivery to the Underwriter of and payment for the Shares shall be made, made subject to Section 7, at the office of Xxxxxx & Xxxxx LLPXxxxxxx and Xxxxxx, 000 Xxxx Xxxxxx Xxxxxx, Xxx XxxxXxxxxxx, Xxx Xxxx Xxxxxxxx 00000, at 10:00 A.M., New York City Chicago time, on the third full business day following the date of this Agreement or on the fourth full business day if this Agreement is executed after the daily closing time of the New York Stock Exchange, or at such other date or place as shall be determined by agreement between the Underwriter and the Company. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriter for the account of the Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer or, at the Company's election, by certified or official bank check or checks payable in same day funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriter shall request in writing not less than two full business days prior to the First Delivery Date. For the purpose of expediting the checking and packaging of the certificates for the Shares, the Company shall make the certificates representing the Shares available for inspection by the Underwriter in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the First Delivery Date.

Appears in 1 contract

Samples: Prentiss Properties Trust/Md

Delivery of and Payment for the Shares. Delivery to the Underwriter of and payment for the Shares shall be made, subject to Section 7, made at the office of Xxxxxx Skadden, Arps, Slate, Xxxxxxx & Xxxxx Xxxx LLP, 000 Xxxx Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, or at such other date or place as shall be determined by agreement between the Representatives and the Company, at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or on (unless postponed in accordance with the fourth full business day if this Agreement is executed after the daily closing time provisions of the New York Stock Exchange, or at such other date or place as shall be determined by agreement between the Underwriter and the CompanySection 15). This date and time are sometimes referred to as the "First Delivery “Closing Date." On the First Delivery Closing Date, the Company shall deliver or cause to be delivered certificates or book-entry credits representing the Shares to the Underwriter Representatives for the account of the Underwriter Underwriters against payment to or upon the order of the Company of the purchase price by wire transfer or, at the Company's election, by certified or official bank check or checks payable in same of same-day funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Underwriter Underwriters hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriter Representatives shall request in writing not less than two full business days prior to the First Delivery Closing Date. For the purpose of expediting the checking and packaging of the certificates for the Shares, if any, the Company shall make the any such certificates representing the Shares available for inspection by the Underwriter Representatives in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the First Delivery Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Sl Green Realty Corp)

Delivery of and Payment for the Shares. Delivery to the Underwriter of and payment for the Shares shall be made, subject to Section 7, made at the office of Xxxxxx & Xxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or on the fourth full business day if this Agreement is executed after the daily closing time of the New York Stock Exchange, or at such other date or place as shall be determined by agreement between the Underwriter and the Company. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriter for the account of the Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer or, at the Company's election, by certified or official bank check or checks payable in same day funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriter shall request in writing not less than two full business days prior to the First Delivery Date. For the purpose of expediting the checking and packaging of the certificates for the Shares, the Company shall make the certificates representing the Shares available for inspection by the Underwriter in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the First Delivery Date.

Appears in 1 contract

Samples: Underwriting Agreement (Prentiss Properties Trust/Md)

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Delivery of and Payment for the Shares. (a) Delivery to the Underwriter of and payment for the Firm Shares shall be made, subject to Section 7, made at the office of Xxxxxx Xxxxxxx Xxxxxxx & Xxxxx Xxxxxxxx LLP, 000 Xxxx Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M.a.m. (New York City time) on the second full business day (or on the third full business day if the pricing of the Shares occurs after 4:30 p.m., New York City time, on the third full business day date hereof) following the date of this Agreement or on the fourth full business day if this Agreement is executed after the daily closing time of the New York Stock ExchangeAgreement, or at such other date or place as shall be determined by agreement between among the Underwriter Underwriters and the Company. This Company (such date and time are sometimes referred to as of delivery of and payment for the "Firm Shares, the “First Delivery Date." ”). On the First Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriter Underwriters for the account of the each Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer or, at the Company's election, by certified or official bank check or checks payable in same day immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the each Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriter Representatives shall request in writing not less than two full business days prior to the First Delivery Date. For If the purpose of expediting the checking and packaging Representatives so elect, delivery of the certificates for Firm Shares may be made by credit through full fast transfer to the Shares, the accounts at The Depository Trust Company shall make the certificates representing the Shares available for inspection designated by the Underwriter in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the First Delivery DateRepresentatives.

Appears in 1 contract

Samples: Reinsurance Group of America Inc

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