Common use of Currency and Payment Clause in Contracts

Currency and Payment. In this Agreement, unless specified otherwise: (a) references to dollar amounts or “$” are to Canadian dollars; (b) any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) 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 and available by 2:00 p.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ehave, Inc.)

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Currency and Payment. In this Agreement, unless specified otherwise: (a1) references to dollar amounts or “$” are to Canadian dollars; (b2) any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) agreed by the Purchaser and the Vendor reach acting reasonably, that provides immediately available funds; and (c3) except in the case of any payment due on the Closing Date, any payment due on a particular day must be received and available by 2:00 p.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement

Currency and Payment. In this Agreement, unless specified otherwise: (a) : references to dollar amounts or “$” are to Canadian dollars; (b) ; any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) that provides immediately available funds; and (c) and except in the case of any payment due on the Closing Date, any payment due on a particular day must be received and available by 2:00 p.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Asset Purchase Agreement

Currency and Payment. In this Agreement, unless specified otherwise: (a) references to dollar amounts or “$” are to Canadian dollars; (b) any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) 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 and available by 2:00 p.m. 9:00 a.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement

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Currency and Payment. In this Agreement, unless specified otherwise: (a) references to dollar amounts or "$" are to Canadian dollars; (b) any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) 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 and available by 2:00 p.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement (EPIRUS Biopharmaceuticals, Inc.)

Currency and Payment. In this Agreement, unless specified otherwise: (a) references to dollar amounts or "$" are to Canadian dollars; (b) any payment is to be made by an official bank draft drawn on a Canadian chartered bank, wire transfer or any other method (other than cash payment) 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 and available by 2:00 5:00 p.m. on the due date and any payment received and available after that time is deemed to have been made and received on the next succeeding Business Day.

Appears in 1 contract

Samples: Share Purchase Agreement

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