Common use of Purchase, Sale and Delivery of Certificates Clause in Contracts

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) at a purchase price of 99.80% of the principal amount of the Class A Certificates, the principal amounts of Class A Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston by the Transferor at 10:00 a.m. (New York time), on September 21, 1999, or at such other time not later than seven full business days thereafter as the Representatives and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 (the "Exchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Wachovia Credit Card Master Trust

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Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) Transferor, at a purchase price of 99.80__________% of the principal amount of the Class A Certificatesthereof, the respective principal amounts of Class A Certificates, Certificates set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston the [Lead Underwriter] by the Transferor or the Company at 10:00 a.m. (New York time), on September 21__________, 19992000, or at such other time not later than seven full business days thereafter as the Representatives [Lead Underwriter] and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 1934, as amended (the "Exchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP LLP, Four Times Square, New York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Target Receivables Corp

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) Transferor, at a purchase price of 99.8099.60729% of the principal amount of the Class A Certificatesthereof, the respective principal amounts of Class A Certificates, Certificates set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global CertificatesGLOBAL CERTIFICATES") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston Salomon Brothers by the Transferor or the Company at 10:00 a.m. (New York time), on September 21August 12, 19991998, or at such other time not later than seven full business days thereafter as the Representatives Salomon Brothers and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 1934, as amended (the "Exchange ActEXCHANGE ACT"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP LLP, 000 Xxxxx Xxxxxx, Xxx York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Dayton Hudson Receivables Corp

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) Transferor, at a purchase price of 99.8099.725% of the principal amount of the Class A Certificatesthereof, the respective principal amounts of Class A Certificates, Certificates set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston the Lead Underwriter by the Transferor or the Company at 10:00 a.m. (New York time), on September 21July 2, 19992002, or at such other time not later than seven full business days thereafter as the Representatives Lead Underwriter and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 1934, as amended (the "Exchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP LLP, Four Times Square, New York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Target Receivables Corp)

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Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) at a purchase price of 99.8099.725% of the principal amount of the Class A Certificates, the principal amounts of Class A Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston Xxxxxx Brothers by the Transferor at 10:00 a.m. (New York time), on September 21August 1, 19992000, or at such other time not later than seven full business days thereafter as the Representatives and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 (the "Exchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: First National Bank of Atlanta

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor (i) Transferor, at a purchase price of 99.8099.48553% of the principal amount of the Class A Certificatesthereof, the respective principal amounts of Class A Certificates, Certificates set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "Global Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Credit Suisse First Boston Salomon Brothers by the Transferor or the Company at 10:00 a.m. (New York time), on September 21October 15, 19991997, or at such other time not later than seven full business days thereafter as the Representatives Salomon Brothers and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934 1934, as amended (the "Exchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the office above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP at LLP, 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, xx least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Dayton Hudson Receivables Corp

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