Delivery of the Shares and Payment Therefor Clause Samples
The "Delivery of the Shares and Payment Therefor" clause sets out the procedures and timing for transferring shares from the seller to the buyer and for the buyer to make the corresponding payment. Typically, this clause specifies when and how the shares will be delivered—such as through electronic transfer or physical certificates—and outlines the method and timing of payment, whether by wire transfer, check, or other means. Its core function is to ensure a clear, coordinated exchange of shares and payment, minimizing the risk of disputes or delays during the closing of a transaction.
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Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of and payment for the Shares shall be made at the office of Skadden, Arps, Slate, ▇▇▇▇▇▇▇ & ▇▇▇▇ LLP, ▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, or through the facilities of the Depository Trust Company or another mutually agreeable facility, at 9:30 A.M., New York City time, on June [ ], 2002 (the "Closing Date"). The place of closing for the Shares and the Closing Date may be varied by agreement between you and the Trust. Certificates for the Shares purchased hereunder shall be registered in such names and in such denominations as you shall request prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date. Such certificates shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date. The certificates evidencing the Shares purchased hereunder shall be delivered to you on the Closing Date, through the facilities of The Depository Trust Company, against payment of the purchase price therefor in immediately available funds.
Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of the Firm Shares and payment therefor shall be made at the offices of Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, ▇▇▇▇▇d▇ ▇▇ 10:00 a.m., St. Peter▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ the date of this Agreement (the "Closing Date"). The place of closing for the Firm Shares and the Closing Date may be varied by agreement between the Representatives and the Company. Delivery to the Underwriters of and payment for any Additional Shares to be purchased by the Underwriters shall be made at the offices of Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, ▇▇▇▇▇d▇, ▇▇ 10:00 a.m., St. Pete▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇ (the "Additional Closing Date") (which may be the same as the Closing Date, but shall in no event be earlier than the Closing Date nor earlier than three nor later than ten business days after the giving of the notice hereinafter referred to) as shall be specified in a written notice, from the Representatives on behalf of the Underwriters to the Company, of the Underwriters' determination to purchase a number, specified in such notice, of Additional Shares. Such notice may be given at any time within 30 days after the date of the Prospectus. The place of closing for the Additional Shares and the Additional Closing Date may be varied by agreement between you and the Company. Certificates for the Firm Shares and for any Additional Shares to be purchased hereunder shall be registered in such names and in such denominations as you shall request prior to 1:00 p.m., St. Petersburg, Florida time, not later than the second full business day preceding the Closing Date or the Additional Closing Date, as the case may be. Such certificates shall be made available to you in St. Petersburg, Florida for inspection and packaging not later than 9:30 a.m., St. Petersburg, Florida time, on the business day immediately preceding the Closing Date or the Additional Closing Date, as the case may be. The certificates evidencing the Firm Shares and any Additional Shares to be purchased hereunder shall be delivered to you on the Closing Date or the Additional Closing Date, as the case may be, against payment of the purchase price therefore by wire transfer of immediately available funds to an account specified in writing, not later than the close of business on the business day next preceding the Closing Date or the Additional Closing Date, as the case may be, by the Company....
Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of and payment for the Firm Shares shall be made at the offices of ▇▇▇▇▇ ▇▇▇▇▇▇ Inc., ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, at 10:00 A.M., New York City time, on , 1997 (the "Closing Date"). The place of closing for the Firm Shares and the Closing Date may be varied by agreement between you and the Company. Delivery to the Underwriters of and payment for any Additional Shares to be purchased by the Underwriters shall be made at the aforementioned offices of ▇▇▇▇▇ ▇▇▇▇▇▇ Inc. at such time on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters to the Company of the Underwriters' determination to purchase a number, specified in such notice, of Additional Shares. The place of closing for any Additional Shares and the Option Closing Date for such Shares may be varied by agreement between you and the Company. Certificates for the Firm Shares and for any Additional Shares to be purchased hereunder shall be registered in such names and in such denominations as you shall request by written notice, it being understood that a facsimile transmission shall be deemed written notice, prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date or any Option Closing Date, as the case may be. Such certificates shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Shares and any Additional Shares to be purchased hereunder shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, against payment of the purchase price therefor in immediately available funds.
Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of and payment for the Shares shall be made at the office of Simp▇▇▇ ▇▇▇▇▇▇▇ & ▇art▇▇▇▇, ▇▇5 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇ 9:30 A.M., New York City time, on December __, 1999 (the "Closing Date"). The place of closing for the Shares and the Closing Date may be varied by agreement between you and the Trust. Certificates for the Shares shall be registered in such names and in such denominations as you shall request prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date. Such certificates shall be made available to you in New York City for inspection not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date. The certificates evidencing the Shares shall be delivered to you on the Closing Date, through the facilities of The Depository Trust Company, against payment of the purchase price therefor in immediately available funds.
Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of the Firm Shares shall be made through the facilities of the Depository Trust Company (“DTC”) against payment of the purchase price therefore by wire transfer of immediately available funds to an account specified in writing at 10:00 a.m., St. Petersburg, Florida time, on July 20, 2021, or such other place, time and date not later than 1:30 p.m., St. Petersburg, Florida time, on July 20, 2021 as the Representative shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”). The place of closing for the Firm Shares and the Closing Date may be varied by agreement between the Representative and the Company. Delivery to the Underwriters of any Additional Shares to be purchased by the Underwriters shall be made through the facilities of DTC against payment of the purchase price therefore by wire transfer of immediately available funds to an account specified in writing at 10:00 a.m., St. Petersburg, Florida time, on such date or dates (the “Additional Closing Date”) (which may be the same as the Closing Date, but shall in no event be earlier than the Closing Date nor earlier than three nor later than ten business days after the giving of the notice hereinafter referred to) as shall be specified in a written notice, from the Representative on behalf of the Underwriters to the Company, of the Underwriters’ determination to purchase a number, specified in such notice, of Additional Shares. Such notice may be given at any time within 30 days after the date of the Prospectus and must set forth (i) the aggregate number of Additional Shares as to which the Underwriters are exercising the option and (ii) the names and denominations in which the certificates for which the Additional Shares are to be registered. The place of closing for the Additional Shares and the Additional Closing Date may be varied by agreement between you and the Company. Electronic transfer of the Shares shall be made at the time of purchase in such names and in such denominations as the Representative shall specify. It is understood that the Representative has been authorized, for its own account and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price per Share for the Firm Shares and the Additional Shares, if any, that the Underwriters have agreed to purchase. R▇▇▇▇▇▇ J▇▇▇▇ and Associates, Inc., individually and not as Representative of the Underwriter...
Delivery of the Shares and Payment Therefor. Delivery of and payment for the Shares shall be made at 10:00 a.m., New York City time, on June 15, 2021, or at such time on such later date not more than three (3) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Company (such date and time of delivery and payment for the Shares being herein called the “Closing Date”) or on the applicable Option Closing Date (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Company may agree in writing). Delivery of the Shares shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Company by wire transfer payable in immediately available funds to an account specified by the Company. The Shares will be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”), and the Company will make electronic transfer of the Shares in such names and denominations as the Representatives request.
Delivery of the Shares and Payment Therefor. (a) Delivery to the Underwriter of the Firm Shares shall be made against payment therefor at 9:00 a.m., Chicago, Illinois time, on the third full business day following the date of the Pricing Agreement (the "Closing Date") at the offices of McDe▇▇▇▇▇, ▇▇ll & Emer▇, ▇▇icago, Illinois. The place of the closing and the Closing Date may be varied by agreement among the Underwriter, the Company and the Selling Stockholder.
(b) Delivery to the Underwriter of any Additional Shares to be purchased by the Underwriter shall be made in Chicago, Illinois against payment therefor at the offices of McDe▇▇▇▇▇, ▇▇ll & Emer▇ ▇▇ such time on such date (the "Option Closing Date"), which may be the same as the Closing Date, but shall in no event be earlier than the Closing Date nor earlier than three nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in written notice from the Underwriter to the Company and the Selling Stockholder of the determination to purchase a number, specified in said notice, of Additional Shares. Said notice may be given at any time within 30 days after the date of the execution of the Pricing Agreement. The place of the closing and the Option Closing Date may be varied by agreement among the Underwriter, the Company and the Selling Stockholder.
(c) If the Underwriter and the Selling Stockholder have elected to enter into the Pricing Agreement after the Registration Statement is effective, the Purchase Price per Share to be paid by the Underwriter for the Shares shall be an amount equal to the public offering price, less an amount to be determined by agreement between the Underwriter and the Selling Stockholder. The public offering price per Share of the Shares shall be a fixed price to be determined by agreement between the Underwriter and the Selling Stockholder. The public offering price and the Purchase Price per Share, when so determined, shall be set forth in the Pricing Agreement. If such prices have not been agreed upon and the Pricing Agreement has not been executed and delivered by all parties thereto by the close of business on the fourth business day following the date of this Agreement, this Agreement shall terminate forthwith, without liability of any party to any other party, unless otherwise agreed to by the Company, the Selling Stockholder and the Underwriter and except as otherwise provided in Section 5 hereof. If the Underwriter and the Selling Stockholder have elected to e...
Delivery of the Shares and Payment Therefor. Delivery to the Underwriters of and payment for the Shares shall be made at the office of Simpson Thacher & Bartlett, 425 Lexington Avenue, New York, NY 10017, at ▇:▇▇ ▇.▇., ▇▇▇ Yo▇▇ ▇▇▇▇ ti▇▇, ▇▇ ▇▇▇▇▇▇▇▇ __, ▇▇▇▇ (▇▇▇ "▇▇▇▇▇▇▇ ▇ate"). The place of closing for the Shares and the Closing Date may be varied by agreement between the Representative and the Fund. The certificate evidencing the Shares shall be delivered to and registered at The Depository Trust Company, against payment of the purchase price therefor in immediately available funds.
Delivery of the Shares and Payment Therefor. Delivery to the Managers ------------------------------------------- of and payment for the Shares shall be made at the office of ▇▇▇▇▇ ▇▇▇▇▇▇ Inc., ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, at 10:00 A.M., New York City time, on June [ ], 1997 (the "Closing Date"). The place of closing for the Shares and the Closing Date may be varied by agreement among you, the Company and the Selling Stockholders. Certificates for the Shares shall be registered in such names and in such denominations as you shall request prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date. Such certificates shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date. The certificates evidencing the Shares and shall be delivered to you on the Closing Date, against payment of the purchase price therefor in immediately available funds.
Delivery of the Shares and Payment Therefor. Delivery to the Underwriter of and payment for the Shares shall be made at the office of Credit Suisse First Boston LLC, Eleven ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, at 10:00 A.M., New York City time, on October 25, 2004 (the “Closing Date”). The place of closing for the Shares and the Closing Date may be varied by agreement between you and the Company. Certificates for the Shares shall be registered in such names and in such denominations as you shall request prior to 1:00 P.M., New York City time, on the second business day preceding the Closing Date. Such certificates shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day immediately preceding the Closing Date. The certificates evidencing the Shares to be purchased hereunder shall be delivered to you on the Closing Date against payment of the purchase price therefor by wire transfer of immediately available funds to the order of the Company.