Common use of PURCHASE BY THE UNDERWRITERS Clause in Contracts

PURCHASE BY THE UNDERWRITERS. The Offered Securities to be purchased by the Underwriters pursuant to the Underwriting Agreement relating thereto in such authorized denominations and registered in such names as the Underwriters may request upon three full Business Days prior notice to BVDC, shall be delivered by or on behalf of BVDC to the Representatives for the account of such Underwriters, against payment by such Underwriters or on such Underwriters' behalf of the purchase price therefor (i) by wire transfer or by certified or official bank check or checks, payable to the order of BVDC in immediately available funds, or (ii) by such other means and in such other form as is specified in the Underwriting Agreement, all at the place, time, and date specified in the Underwriting Agreement or at such other place, time, and date as the Underwriters and BVDC may agree upon in writing, such time and date being herein called the "Closing Date" for such Offered Securities. The Underwriters' commitment to purchase the Offered Securities pursuant to this Agreement shall be deemed to have been made on the basis of the representations and warranties of BVDC and BVAC herein contained and shall be subject to the terms and conditions herein set forth. BVDC agrees to have the Offered Securities available for inspection, checking, and packaging by the Representatives in New York, New York (or such other location as may be specified by the Representatives) not later than 10:00 A.M. on the Business Day prior to the Closing Date.

PURCHASE BY THE UNDERWRITERS. The Offered Securities to be purchased ---------------------------- by the Underwriters pursuant to the Underwriting Agreement relating thereto in such authorized denominations and registered in such names as the Underwriters may request upon three full Business Days prior notice to BVDCBVSC, shall be delivered by or on behalf of BVDC BVSC to the Representatives for the account of such Underwriters, against payment by such Underwriters or on such Underwriters' behalf of the purchase price therefor (i) by wire transfer or by certified or official bank check or checks, payable to the order of BVDC BVSC in immediately available funds, or (ii) by such other means and in such other form as is specified in the Underwriting Agreement, all at the place, time, and date specified in the Underwriting Agreement or at such other place, time, and date as the Underwriters and BVDC BVSC may agree upon in writing, such time and date being herein called the "Closing Date" for such Offered Securities. The Underwriters' commitment to purchase the Offered Securities pursuant to this Agreement shall be deemed to have been made on the basis of the representations and warranties of BVDC and BVAC herein contained and shall be subject to the terms and conditions herein set forth. BVDC ------------ BVSC agrees to have the Offered Securities available for inspection, checking, and packaging by the Representatives in New York, New York (or such other location as may be specified by the Representatives) not later than 10:00 A.M. on the Business Day prior to the Closing Date.

PURCHASE BY THE UNDERWRITERS. The Offered Securities to be purchased by the Underwriters pursuant to the Underwriting Agreement relating thereto in such authorized denominations and registered in such names as the Underwriters may request upon three full Business Days prior notice to BVDC, shall be delivered by or on behalf of BVDC to the Representatives for the account of such Underwriters, against payment by such Underwriters or on such Underwriters' ’ behalf of the purchase price therefor (i) by wire transfer or by certified or official bank check or checks, payable to the order of BVDC in immediately available funds, or (ii) by such other means and in such other form as is specified in the Underwriting Agreement, all at the place, time, and date specified in the Underwriting Agreement or at such other place, time, and date as the Underwriters and BVDC may agree upon in writing, such time and date being herein called the "“Closing Date" ” for such Offered Securities. The Underwriters' ’ commitment to purchase the Offered Securities pursuant to this Agreement shall be deemed to have been made on the basis of the representations and warranties of BVDC and BVAC herein contained and shall be subject to the terms and conditions herein set forth. BVDC agrees to have the Offered Securities available for inspection, checking, and packaging by the Representatives in New York, New York (or such other location as may be specified by the Representatives) not later than 10:00 A.M. on the Business Day prior to the Closing Date.