Common use of Option Shares Clause in Contracts

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 8 contracts

Samples: Underwriting Agreement (ConnectOne Bancorp, Inc.), Underwriting Agreement (HomeStreet, Inc.), Underwriting Agreement (HomeStreet, Inc.)

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Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 6 contracts

Samples: Underwriting Agreement (Quanta Capital Holdings LTD), Underwriting Agreement (Pacific Premier Bancorp Inc), Underwriting Agreement (Allied Healthcare International Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 6 contracts

Samples: Underwriting Agreement (Northstar Realty), Underwriting Agreement (Northstar Realty), Underwriting Agreement (Rait Investment Trust)

Option Shares. Any Option Shares to be purchased by each Underwriter the Underwriters hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Underwriters may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeUnderwriters, including, at the option of the RepresentativeUnderwriters, through the facilities of DTC for the account of such any Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Underwriters by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 10:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 4 contracts

Samples: Underwriting Agreement (Rait Investment Trust), Underwriting Agreement (Rait Investment Trust), Rait Investment Trust

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing. The time at which such payment and delivery are actually made is hereinafter sometimes called the “Option Closing Time.

Appears in 4 contracts

Samples: Underwriting Agreement (Aames Investment Corp), Underwriting Agreement (Aames Investment Corp), Underwriting Agreement (Aames Investment Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight 48 hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative Representatives by the Company upon at least forty-eight 48 hours’ prior notice. The Upon request of the Representatives, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 3 contracts

Samples: Underwriting Agreement (CapLease, Inc.), Underwriting Agreement (CapLease, Inc.), Underwriting Agreement (CapLease, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior written notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior written notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Officethereto. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 3 contracts

Samples: America First Mortgage Investments Inc, American Mortgage Acceptance Co, America First Mortgage Investments Inc

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The To the extent the Option Shares exist in definitive form, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 3 contracts

Samples: Underwriting Agreement (Rhodium Enterprises, Inc.), Underwriting Agreement (Stronghold Digital Mining, Inc.), Underwriting Agreement (Stronghold Digital Mining, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 3 contracts

Samples: Underwriting Agreement (Imperial Holdings, LLC), Underwriting Agreement (Patriot Risk Management, Inc.), Underwriting Agreement (CastlePoint Holdings, Ltd.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight (48) hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company Company, upon at least forty-eight (48) hours’ prior notice. The Company will cause the certificates certificates, if any, representing the Option Shares to be made available for checking and packaging at least twenty-four (24) hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 3 contracts

Samples: Underwriting Agreement (Horsehead Holding Corp), Underwriting Agreement (Horsehead Holding Corp), Underwriting Agreement (Horsehead Holding Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight (48) hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight (48) hours’ prior notice. The Company will cause the certificates representing the Option Shares to be sold by it to be made available for checking and packaging inspection at least twenty-four (24) hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Northstar Realty Finance Corp.), Underwriting Agreement (Northstar Realty Finance Corp.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company Company, upon at least forty-eight hours’ prior notice. The To the extent the Option Shares exist in definitive form, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Pacific DataVision, Inc.), Underwriting Agreement (Pacific DataVision, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ (48) hours prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative Representatives by the Company upon at least forty-eight (48) hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four (24) hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Ashford Hospitality Trust Inc), Underwriting Agreement (Ashford Hospitality Trust Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Levitt Corp), Underwriting Agreement (Thomas Properties Group Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior two full business days' notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such UnderwriterUnderwriters, against payment by or on behalf of such Underwriter Underwriters of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative by the Company upon at least forty-eight hours’ two full business days' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Highland Hospitality Corp), Feldman Mall Properties, Inc.

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ (48) hours prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative Representatives by the Company upon at least forty-eight (48) hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-twenty four (24) hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Ashford Hospitality Trust Inc), Underwriting Agreement (Ashford Hospitality Trust Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, form and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ (48) hours prior notice to the Company Company, shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal federal (same-day) funds to the account specified to the Representative by the Company Company, upon at least forty-eight hours’ (48) hours prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four (24) hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on at such other time and date as the Company and the Representative may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Bimini Mortgage Management Inc), Underwriting Agreement (Bimini Mortgage Management Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight (48) hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight (48) hours’ prior notice. The Company will cause the certificates representing the Option Shares to be sold by it to be made available for checking and packaging at least twenty-four (24) hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Northstar Realty), Underwriting Agreement (Northstar Realty)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 2 contracts

Samples: Underwriting Agreement (Customers Bancorp, Inc.), Underwriting Agreement (Customers Bancorp, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive book-entry form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, Representatives through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company Company, upon at least forty-eight hours’ prior notice. The To the extent the Option Shares are delivered in certificated form and not in book-entry form through the facilities of DTC, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Clipper Realty Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hourstwo business days’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hourstwo business days’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least one business day, but in no event less than twenty-four hours hours, prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Midwest Banc Holdings Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunderhereunder shall be delivered by or on behalf of the Company to the Representatives, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty24-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeCompany, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company Company, upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (DiamondRock Hospitality Co)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment Additional Closing Date shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Meridian Resource Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight 48 hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative Representatives by the Company upon at least forty-eight 48 hours' prior notice. The Upon request of the Representatives, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Capital Lease Funding Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior written notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours' prior written notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Officethereto. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Entertainment Properties Trust

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior written notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours' prior written notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Officethereto. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: One Liberty Properties Inc

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hourstwo full business days’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative by the Company upon at least forty-eight hourstwo full business days’ prior notice. The Company will use commercially reasonable efforts to cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours one full business days’ prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Midlantic Office Trust, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Underwriters may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the RepresentativeUnderwriters, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Underwriters may agree upon in writingagree.

Appears in 1 contract

Samples: Underwriting Agreement (Jameson Inns Inc)

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Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight 48 hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight 48 hours’ prior notice. The Company will cause the certificates certificates, if any, representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Cadence Financial Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may reasonably request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City Eastern time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Legacy Housing Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight 48 hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Orion Marine Group Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-twenty- four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Bankatlantic Bancorp Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company Company, upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Century Communities, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the each Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Meruelo Maddux Properties, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Annaly Mortgage Management Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates certificates, if any, representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Polar Star Realty Trust Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representative[s] may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentative[s], including, at the option of the RepresentativeRepresentative[s], through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representative[s] by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representative[s] in the notice given by the Representative Representative[s] to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representative[s] may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Energy Hunter Resources, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company Company, shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Brillian Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at -3- the option of the Representative, through the facilities of DTC for the account of such Underwriterthe Representative, against payment by or on behalf of such Underwriter the Representative of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company Company, upon at least forty-eight hours' prior notice. The Unless otherwise agreed with the Representative, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters' election to purchase such Option Shares Shares, such date and notice to be in compliance with Section 1(b), or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Wca Waste Corp)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company Company, upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (NMI Holdings, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: America First Mortgage Investments Inc

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative by the Company upon at least forty-eight hours’ prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 10:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (American Mortgage Acceptance Co)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours’ prior notice. The To the extent the Option Shares exist in definitive form, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Telos Corp)

Option Shares. Any The Option Shares Shares, if any, to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Integrated Alarm Services Group Inc)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative may request upon at least forty-eight 48 hours’ prior notice to the Company shall be delivered by or on behalf of the Company to the Representative, including, at the option of the Representative, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified in writing to the Representative by the Company upon at least forty-eight 48 hours’ prior notice. The Upon request of the Representative, the Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four 24 hours prior to the Option Closing Time with respect thereto at the Designated Office. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative in the notice given by the Representative to the Company of the Underwriters’ election to purchase such Option Shares or on such other time and date as the Company and the Representative may agree upon in writing.

Appears in 1 contract

Samples: Underwriting Agreement (CapLease, Inc.)

Option Shares. Any Option Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representative Representatives may request upon at least forty-eight hours' prior written notice to the Company shall be delivered by or on behalf of the Company to the RepresentativeRepresentatives, including, at the option of the RepresentativeRepresentatives, through the facilities of DTC for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representative Representatives by the Company upon at least forty-eight hours' prior written notice. The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time Date of Delivery with respect thereto at the Designated Officethereto. The time and date of such delivery and payment shall be 9:30 a.m., New York City time, on the date specified by the Representative Representatives in the notice given by the Representative Representatives to the Company of the Underwriters' election to purchase such Option Shares or on such other time and date as the Company and the Representative Representatives may agree upon in writing.

Appears in 1 contract

Samples: America First Mortgage Investments Inc

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