By Wire Transfer Clause Samples

The "By Wire Transfer" clause specifies that payments under the agreement must be made via electronic funds transfer directly between bank accounts. In practice, this means that all monetary transactions, such as fees, deposits, or other payments, are to be completed using secure wire transfer methods rather than checks or cash. This clause ensures prompt, traceable, and secure payment processing, reducing the risk of lost payments and providing clear records for both parties.
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By Wire Transfer. To make an Advance, Lender shall wire funds, as applicable, upon compliance by Borrower with the terms of this Agreement; provided, however, that Lender shall not wire funds to any Closing Agent or warehouse lender that is not an Approved Payee unless such Lender has waived such condition pursuant to Section 3.7(iii). The wiring of funds by Lender to any Closing Agent or warehouse lender that is not an Approved Payee shall not make such Closing Agent or warehouse lender an Approved Payee. Any funds disbursed by Lender to Borrower or its Approved Payee by wire transfer shall be subject to all applicable federal, state and local laws and regulations and policy of the Board of Governors of the Federal Reserve System on Reduction of Payments System Risk as such policy may be changed or amended from time to time. Borrower acknowledges that as a result of such applicable law and policy, the transmission of a disbursement by wire transfer may be delayed.
By Wire Transfer. ETC Texas Pipeline, Ltd.
By Wire Transfer. Forward this Subscription Agreement to the address listed above. Wiring instructions are as set forth on in the instructions to this Subscription Agreement.
By Wire Transfer. All documents executed by both Seller and Buyer shall be executed within the State of Louisiana. The Closing Date shall occur on or before May 29, 1998, (except to the extent that an additional time for closing may be allowed as provided in Section 4.02) or such date as the parties may mutually agree upon. With the exception of section 3.01 (B), if all of such conditions and contingencies to Buyer's obligations have not been satisfied or waived in writing on or before May 29, 1998, (or the expiration of any additional time allowed for closing, as provided in Section 4.02), then either party may (provided the non-fulfillment of the condition is not attributable to its fault), without penalty, terminate this Agreement, whereupon each party shall be relieved of all obligations hereunder. For the purposes of this paragraph, if documents are transmitted by facsimile they shall be transmitted to the Seller in care of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ whose facsimile number is ▇▇▇-▇▇▇-▇▇▇▇ with original documents being transmitted to Seller in care of Mr. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. As to Buyer, documents shall be transmitted in care of ▇▇. ▇. ▇. ▇▇▇▇▇▇▇▇▇, Jr., by facsimile at ▇▇▇-▇▇▇-▇▇▇▇ with original documents being transmitted in care of ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇.

Related to By Wire Transfer

  • Wire Transfer All settlements in accordance with this Agreement shall be made by wire transfer of immediately available funds on the due date, or if such day is not a Business Day, on the next day which is a Business Day, pursuant to the following wire transfer instructions: [ ]. Payment may be made by check payable in immediately available funds in the event the party entitled to receive payment has failed to provide wire transfer instructions.

  • Wire Transfers Notwithstanding any other provision to the contrary in this Indenture, the Company may make any payment of moneys required to be deposited with the Trustee on account of principal of, or premium, if any, or interest on the Securities (whether pursuant to optional or mandatory redemption payments, interest payments or otherwise) by wire transfer of immediately available funds to an account designated by the Trustee on or before the date and time such moneys are to be paid to the Holders of the Securities in accordance with the terms hereof.

  • Payments by Wire-Transfer All payments under this Single Family Shared-Loss Agreement shall be made by wire-transfer in accordance with the wire-transfer instructions on Exhibit 4.

  • Payment by Wire Transfer So long as any Purchaser or its nominee shall be the holder of any Note, and notwithstanding anything contained in Section 14.1 or in such Note to the contrary, the Company will pay all sums becoming due on such Note for principal, Make-Whole Amount, if any, interest and all other amounts becoming due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule, or by such other method or at such other address as such Purchaser shall have from time to time specified to the Company in writing for such purpose, without the presentation or surrender of such Note or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Prior to any sale or other disposition of any Note held by a Purchaser or its nominee, such Purchaser will, at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Note to the Company in exchange for a new Note or Notes pursuant to Section 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Note as the Purchasers have made in this Section 14.2.

  • Wire Transfer Instructions I will wire funds from my outside account according to the “Subscription Instructions” Page. ____ I will wire funds from my Aegis Capital Account. ____The funds for this investment are rolled over, tax deferred from __________ within the allowed 60 day window.