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

Delivery of and Payment for the Shares. Delivery of and payment for the Shares shall be made at such place as shall be determined by agreement between the Underwriters and the Company at 10:00 A.M., New York City time, on the fourth full business day following the date of this Agreement or at such other date as shall be determined by agreement between the Underwriters and the Company. This date and time are sometimes referred to as the "Delivery Date." On the Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriters against payment to or upon the order of the Company of the purchase price by wire transfer in federal or 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 each Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters shall request in writing not less than two full business days prior to the 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 Underwriters in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the Delivery Date.

Appears in 1 contract

Samples: Underwriting Agreement (Centerpoint Properties Trust)

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Delivery of and Payment for the Shares. Delivery of and payment for the Shares shall be made at such place as shall be determined by agreement between the Underwriters and the Company office of Xxxxxx & Xxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M., New York City time, on the fourth 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 Underwriters 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 Underwriters 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 federal or 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 each the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters 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 Underwriters 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)

Delivery of and Payment for the Shares. (a) Delivery of and payment for the Firm Shares shall be made at the office of Xxxxxxx Xxxxxxx & Xxxxxxxx LLP, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 a.m. (New York City time) on the third full business day (or on the fourth full business day if the pricing of the Shares occurs after 4:30 p.m., New York City time, on the date hereof) following the date of this Agreement, or at such other date or place as shall be determined by agreement between the Underwriters and the Company at 10:00 A.M., New York City time, on the fourth full business day following the date of this Agreement or at (such other date as shall be determined by agreement between the Underwriters and the Company. This 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 Underwriters for the account of each Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer in federal or 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 each Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters 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 Underwriters in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the Delivery DateRepresentatives.

Appears in 1 contract

Samples: Reinsurance Group of America Inc

Delivery of and Payment for the Shares. (a) Delivery of and payment for the Firm Shares shall be made at the office of King & Spalding LLP, 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 a.m. (New York City time) on the third full business day (or on the fourth full business day if the pricing of the Shares occurs after 4:30 p.m., New York City time, on the date hereof) following the date of this Agreement, or at such other date or place as shall be determined by agreement between the Underwriters and the Company at 10:00 A.M., New York City time, on the fourth full business day following the date of this Agreement or at (such other date as shall be determined by agreement between the Underwriters and the Company. This date and time are sometimes referred to as of delivery of and payment for the Firm Shares, the "Delivery Date." FIRST DELIVERY DATE"). On the First Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriters for the account of each Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer in federal or 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 each Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters 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 Underwriters in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the Delivery DateRepresentatives.

Appears in 1 contract

Samples: Reinsurance Group of America Inc

Delivery of and Payment for the Shares. (a) Delivery of and payment for the Firm Shares shall be made at such place as shall be determined by agreement between the Underwriters and the Company office of Xxxxxxx Xxxxxxx & Xxxxxxxx LLP, 000 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 fourth full business day date hereof) following the date of this Agreement Agreement, or at such other date or place as shall be determined by agreement between among the 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 Underwriters for the account of each Underwriter against payment to or upon the order of the Company of the purchase price by wire transfer in federal or 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 each Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters 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 Underwriters in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the Delivery DateRepresentatives.

Appears in 1 contract

Samples: Reinsurance Group of America Inc

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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 such place as shall be determined by agreement between the Underwriters office of Xxxxxxx and the Company Xxxxxx, 000 Xxxx Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000, at 10:00 A.M., New York City Chicago time, on the fourth 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 Underwriters Underwriter and the Company. This date and time are sometimes referred to as the "Delivery Date." On the Delivery Date, the Company shall deliver or cause to be delivered certificates representing the Shares to the Underwriters 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 federal or 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 each the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters Underwriter shall request in writing not less than two full business days prior to the 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 Underwriters Underwriter in New York, New York, not later than 2:00 P.M., New York City time, on the business day prior to the 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 made, subject to Section 7, at such place as shall be determined by agreement between the Underwriters and the Company office of Xxxxxx & Xxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M., New York City time, on the fourth 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 Underwriters 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 Underwriters 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 federal or 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 each the Underwriter hereunder. Upon delivery, the Shares shall be registered in such names and in such denominations as the Underwriters 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 Underwriters 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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