Common use of Currency and Payment Obligations Clause in Contracts

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 2 contracts

Samples: Share and Unit Purchase Agreement (Viad Corp), Share Purchase Agreement (Viad Corp)

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Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. (Eastern Time) on the due date at the payee’s address for notice under Section 9.3 14.1 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Acquisition Agreement (Darling International Inc)

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; ; (b) unless otherwise indicated, any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 10.3 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; the lawful currency of Canada; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 4:00 p.m. on the due date at the payee’s address for notice under Section 9.3 or such other place as the payee may have specified in writing to the payor in respect of a particular payment payment, and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement (Cadre Holdings, Inc.)

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 7.4 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Asset Purchase Agreement (Merrimac Industries Inc)

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 12.5 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement (Wesco International Inc)

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Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s 's address for notice under Section 9.3 10.2 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement (Electrameccanica Vehicles Corp.)

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement and its Schedules are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 Article 11.1 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Membership Agreement

Currency and Payment Obligations. Except as otherwise expressly provided in this Agreement: : (a) all dollar amounts referred to in this Agreement and its Schedules are stated in Canadian Dollars; ; (b) any payment contemplated by this Agreement shall be made by wire transfer of immediately available funds to an account specified by the payee, by cash, by certified cheque or by any other method that provides immediately available funds; and and (c) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received by and be available to the payee not later than 2:00 p.m. on the due date at the payee’s address for notice under Section 9.3 Article 11.3 or such other place as the payee may have specified in writing to the payor in respect of a particular payment and any payment made after that time shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Membership Agreement

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