Common use of Purchase and Delivery Clause in Contracts

Purchase and Delivery. The Issuers hereby agree to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers the number of Units set forth in Schedule II hereto opposite their names at a purchase price of $970.00 per Unit. Payment for the Units shall be made against delivery of the Units at a closing (the "Closing") to be held at the offices of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 A.M., local time, on October 3, 1996, or at such other time on the same or such other date, not later than October 15, 1996, as shall be designated in writing by you (the "Closing Date"). Payment for the Units shall be made to the Note Issuer for itself (with respect to the Notes) and on behalf of Holdings (with respect to the Warrants) in Federal or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered on the Closing Date as you shall request, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: RSL Communications PLC

AutoNDA by SimpleDocs

Purchase and Delivery. The Issuers ITC hereby agree agrees to sell to the --------------------- several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from ITC the Issuers the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97% of the principal amount thereof plus accrued interest, if any, from June 3, 1997 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 9:00 A.M., local time, on October June 3, 19961997, or at such other time on the same or such other date, not later than October 15June 17, 19961997, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made to ITC (which will immediately deposit such funds as required by the Note Issuer for itself (with respect to the Notes) Pledge and on behalf of Holdings (with respect to the WarrantsSecurity Agreement) in Federal federal funds or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Itc Deltacom Inc

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the --------------------- several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97.50% of the principal amount thereof plus accrued interest, if any, from November 5, 1998 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 9:00 A.M., local time, on October 3November 5, 19961998, or at such other time on the same or such other date, not later than October 15November 19, 19961998, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made to the Note Issuer for itself (with respect to the Notes) and on behalf of Holdings (with respect to the Warrants) Company in Federal federal funds or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Registration Rights Agreement (Itc Deltacom Inc)

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number of Units set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 508.43 per UnitUnit plus accrued amortization of original issue discount on the Notes, if any, from March 6, 1997 to the date of payment and delivery. Payment for the Units shall be made against delivery of the Units at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 9:00 A.M., local time, on October 3March 6, 19961997, or at such other time on the same or such other date, not later than October 15March 20, 19961997, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units shall be made to the Note Issuer for itself (with respect to the Notes) and on behalf of Holdings (with respect to the Warrants) Company in Federal federal funds or other funds immediately available in New York City. Certificates for the Global Units, the Notes (as defined in and the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Units, the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Placement Agreement (McCaw International LTD)

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97% of the principal amount thereof plus accrued interest, if any, from December 19, 1996 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman Xxxxxx Xxxxxxx & SterlingCo. Incorporated, 000 Xxxxxxxxx Xxxxxx0000 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 A.M., local time, on October 3December 19, 1996, or at such other time on the same or such other date, not later than October 15January 6, 19961997, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made to or as directed by the Note Issuer for itself (with respect to the Notes) and on behalf of Holdings (with respect to the Warrants) Company in Federal or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Placement Agreement (Lodgenet Entertainment Corp)

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97.054% of the principal amount thereof plus accrued interest, if any, from December 22, 1998 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 599 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 A.M.xx 9:00 a.m., local New York City time, on October 3December 22, 19961998, or at such other time on the same or such other date, not later than October 15December 29, 19961998, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made by wire transfer to an account previously designated to the Note Issuer for itself (with respect to Placement Agents by the Notes) and on behalf of Holdings (with respect to the Warrants) Company in Federal or other funds immediately available in New York Cityfunds. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Metrocall Inc

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the --------------------- several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97.4025% of the principal amount thereof plus accrued interest, if any, from March 3, 1998 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 9:00 A.M., local time, on October March 3, 19961998, or at such other time on the same or such other date, not later than October 15March 17, 19961998, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made to the Note Issuer for itself (with respect to the Notes) and on behalf of Holdings (with respect to the Warrants) Company in Federal federal funds or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Itc Deltacom Inc

AutoNDA by SimpleDocs

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Securities set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97% of the principal amount thereof. Payment for the Units Securities shall be made against delivery of the Units Securities at a closing (the "Closing") to be held at the offices office of Shearman & SterlingHaynxx xxx Boonx, 000 Xxxxxxxxx XXP, 3100 Nations Bank Plaza, 901 Xxxx Xxxxxx, Xxx XxxxXxxxxx, Xxx XxxxXxxxx, at xx 10:00 A.M., local time, on October 3November 19, 1996, 1997 or at such other time on the same or such other date, not later than October 15December 19, 1996, 1997 as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Securities shall be made by wire transfer of immediately available funds to the Note Issuer for itself (with respect to respective bank accounts designated in writing by the Notes) and on behalf of Holdings (with respect to the Warrants) in Federal Company. One or other funds immediately available in New York City. Certificates more certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) Securities shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one two full business day days prior to the Closing Date. The certificates evidencing the Notes and the Warrants Securities shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants Securities to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Kitty Hawk Inc

Purchase and Delivery. The Issuers Company, upon the basis of the representations and warranties of the Placement Agents herein contained, hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amount of Units Notes set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit97.25% of the principal amount thereof plus accrued interest, if any, from September 22, 1997 to the date of payment and delivery. Payment for the Units Notes shall be made against delivery of the Units Notes at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx599 Lexington Avenue, Xxx New York, Nxx Xxxx, Xxx Xxxxxx 0:00 X.X., at 10:00 A.M.xxxxx xxxx, local timexx Xxptember 22, on October 3, 19961997, or at such other time on the same or such other date, not later than October 156, 19961997, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Notes shall be made to the Note Issuer for itself Company (which will immediately deposit such proceeds with respect the Trustee pursuant to the Notes) and on behalf of Holdings (with respect to the WarrantsPledge Agreement) in Federal federal funds or other funds immediately available in New York City. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. The certificates evidencing the Notes and the Warrants shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Placement Agreement (Bti Telecom Corp)

Purchase and Delivery. The Issuers Company hereby agree agrees to sell to the several Placement Agents, and the Placement Agents, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agree, severally and not jointly, to purchase from the Issuers Company the number respective principal amounts of Units Securities set forth in Schedule II I hereto opposite their names at a purchase price of $970.00 per Unit96.5% of the principal amount thereof plus accrued interest, if any, from June 15, 1997 to the Closing Date. Payment for the Units Securities shall be made against delivery of the Units Securities at a closing (the "Closing") to be held at the offices office of Shearman & Sterling, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, at 10:00 A.M., local time, on October 3September 30, 19961997, or at such other time on the same or such other date, not later than October 1510, 19961997, as shall be designated in writing by you (you. The time and date of such payment are herein referred to as the "Closing Date"). Payment for the Units Securities shall be made to the Note Issuer for itself (with respect to the Notes) and on behalf by wire transfer of Holdings (with respect to the Warrants) in Federal or other funds immediately available in New York Cityfunds to an account designated by the Company. Certificates for the Global Notes (as defined in the Memorandum) shall be in bearer form and in such denominations as you shall request in writing not less than one full business day prior to the Closing Date. Certificates for the Global Warrants (as defined in the Memorandum) Securities shall be in definitive form and registered in such names and in such denominations as you shall request in writing not less than one three full business day days prior to the Closing Date. The certificates evidencing the Notes and the Warrants Securities shall be delivered to you on the Closing Date as you shall requestfor the respective accounts of the several Placement Agents, with any transfer taxes payable in connection with the transfer of the Units, the Notes or the Warrants Securities to the Placement Agent Agents duly paid, against payment of the purchase price therefor.

Appears in 1 contract

Samples: Envirosource Inc

Time is Money Join Law Insider Premium to draft better contracts faster.