Example ContractsClausesDelivery and Payment
Delivery and Payment
Delivery and Payment contract clause examples

Payment and Delivery. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the respective accounts of the several Initial Purchasers at approximately 10:00 a.m., New York City time, on December 17, 2020, or at such other time on the same or such other date, not later than December 24, 2020, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.”

Delivery and Payment. Delivery of and payment for the Securities shall be made at 10:00 A.M., New York City time, on June 22, 2021, or at such time on such later date not more than three Business Days after the foregoing date as the Representative shall designate, which date and time may be postponed by agreement between the Representative and the Company or as provided in [Section 9] hereof (such date and time of delivery and payment for the Securities being herein called the “Closing Date”). As used herein, “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust companies are authorized or obligated by law to close in The City of New York. Delivery of the Securities shall be made to the Representative for the respective accounts of the several Initial Purchasers against payment by the several Initial Purchasers through the Representative of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to the account specified by the Company. Delivery of the Securities shall be made through the facilities of The Depository Trust Company unless the Representative shall otherwise instruct.

The Purchaser agrees that the following must be delivered to the Company, care of Dorsey & Whitney LLP, Suite 4310, 161 Bay Street, Toronto, Ontario [[Unknown Identifier]] 2S1, Attention: Richard Raymer, email [[Email]], fax number [[Phone]], not later than 10:00 a.m. (Toronto time) on the date that is one day prior to the Closing Date:

The Purchaser agrees that the following must be delivered to the Company, care of Dorsey & Whitney LLP, Suite 4310, 161 Bay Street, Toronto, Ontario [[Unknown Identifier]] 2S1, Attention: Richard Raymer, email [[Email]], fax number [[Phone]], not later than 10:00 a.m. (Toronto time) on the date that is one day prior to the Closing Date:

The Purchaser agrees that the following must be delivered to the Company, care of Dorsey & Whitney LLP, Suite 4310, 161 Bay Street, Toronto, Ontario [[Unknown Identifier]] 2S1, Attention: Richard Raymer, email [[Email]], fax number [[Phone]], not later than 10:00 a.m. (Toronto time) on the date that is one day prior to the Closing Date:

Delivery and Payment. Delivery of and payment for the Underwritten Securities and the Option Securities (if the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day (as defined herein) immediately preceding the Closing Date) shall be made at 10:00 AM, Eastern Standard Time, on November 20, 2017, or at such time on such later date not more than three Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by agreement between the Representatives and the Issuer or as provided in Section 9 hereof (such date and time of delivery and payment for the Securities being herein called the “Closing Date”). For purposes herein, “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust companies are authorized or obligated by law to close in [[Address A:Address]]. Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Issuer by wire transfer payable in same-day funds to an account specified by the Issuer. Delivery of the Underwritten Securities and the Option Securities shall be made through the facilities of The Depository Trust Company unless the Representatives shall otherwise instruct.

Delivery Payment. Upon Delivery of the Vessel in accordance with [Section 13.12], Owner shall pay Builder the Delivery Payment indicated in [Exhibit O], subject to the following adjustments:

Delivery of Payment. The Grantee herewith delivers to the Company the full Exercise Price for the Shares.

Delivery of Payment. Purchaser herewith delivers to the Company the full purchase price of the Shares and any required tax withholding to be paid in connection with the exercise of the Option.

Delivery of Payment. The Grantee herewith delivers to the Company the full Exercise Price for the Shares, which, to the extent selected, shall be deemed to be satisfied by use of the broker-dealer sale and remittance procedure to pay the Exercise Price provided in Section 3(e) of the Option Agreement.

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