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

Delivery of and Payment for the Stock. Delivery of and payment for the Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Underwriter and the Selling Stockholder. This date and time are sometimes referred to as the “Delivery Date.” Delivery of the Stock shall be made to the Underwriter against payment by the Underwriter of the purchase price of the Stock being sold by the Selling Stockholder to or upon the order of the Selling Stockholder of the purchase price by wire transfer in immediately available funds to an account specified by the Selling Stockholder. 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. The Selling Stockholder shall deliver the Stock through the facilities of DTC unless the Underwriter shall otherwise instruct.

Appears in 4 contracts

Samples: Hanger Orthopedic (Hanger Orthopedic Group Inc), Underwriting Agreement (Ares Corporate Opportunities Fund Lp), Underwriting Agreement (Ares Corporate Opportunities Fund Lp)

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Delivery of and Payment for the Stock. Delivery of and payment for the Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Underwriter and the Selling StockholderCompany. This date and time are sometimes referred to as the “Delivery Date.” Delivery of the Stock shall be made to the account of the Underwriter against payment by the Underwriter and of the aggregate purchase price of the Stock being sold by the Selling Stockholder Company to or upon the order of the Selling Stockholder Company of the purchase price by wire transfer in immediately available funds to an account the accounts specified by the Selling StockholderCompany. 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. The Selling Stockholder Company shall deliver the Stock through the facilities of DTC unless the Underwriter shall otherwise instruct.

Appears in 1 contract

Samples: Underwriting Agreement (Jazz Pharmaceuticals Inc)

Delivery of and Payment for the Stock. Delivery of and payment for the Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Underwriter and the Selling StockholderCompany. This date and time are sometimes referred to as the “Delivery Date.” Delivery of the Stock shall be made to the Underwriter for the account of the Underwriter against payment by the Underwriter of the respective aggregate purchase price prices of the Stock being sold by the Selling Stockholder to or upon the order of the Selling Stockholder of the purchase price by wire transfer in immediately available funds to an account the accounts specified by the Company and the Selling Stockholder. 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. The Selling Stockholder shall deliver Delivery of the Stock shall be made through the facilities of DTC DWAC unless the Underwriter shall otherwise instruct.

Appears in 1 contract

Samples: Underwriting Agreement (Rent a Center Inc De)

Delivery of and Payment for the Stock. Delivery of and payment for the Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Underwriter and the Selling StockholderCompany. This date and time are sometimes referred to as the “Delivery Date.” Delivery of the Stock shall be made to the Underwriter against payment by the Underwriter of the aggregate purchase price of the Stock being sold by the Selling Stockholder to or upon the order of the Selling Stockholder of the purchase price by wire transfer in immediately available funds to an account the accounts specified by the Selling Stockholder. 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. The Selling Stockholder Company shall deliver the Stock through the facilities of DTC unless the Underwriter shall otherwise instruct.

Appears in 1 contract

Samples: Underwriting Agreement (Centene Corp)

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Delivery of and Payment for the Stock. Delivery of and payment for the Stock shall be made at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between the Underwriter and the Selling StockholderCompany. This date and time are sometimes referred to as the “Delivery Date.” Delivery of the Stock shall be made to the Underwriter for the account of the Underwriter against payment by the Underwriter of the purchase price of the Stock being sold by the Selling Stockholder Company to or upon the order of the Selling Stockholder Company of the purchase price by wire transfer in immediately available funds to an the account specified by the Selling StockholderCompany. 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. The Selling Stockholder Company shall deliver the Stock through the facilities of DTC unless the Underwriter shall otherwise instruct.

Appears in 1 contract

Samples: Underwriting Agreement (Netflix Inc)

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