Common use of Delayed Delivery Fee Clause in Contracts

Delayed Delivery Fee. If the closing of the purchase and sale of any Accepted Note is delayed for any reason beyond the original Closing Day for such Accepted Note, the Company will pay to the Purchaser of such Accepted Note on the Cancellation Date or actual closing date of such purchase and sale a fee (the "DELAYED DELIVERY FEE") calculated as follows: (BEY - MMY) X DTS/360 X PA

Appears in 2 contracts

Samples: Uncommitted Master Shelf Agreement (Pinnacle West Capital Corp), Master Shelf Agreement (Layne Christensen Co)

AutoNDA by SimpleDocs

Delayed Delivery Fee. If the closing of the purchase and sale of any Accepted Note is delayed for any reason beyond the original Closing Day for such Accepted Note, the Company will pay to the each Purchaser of which shall have agreed to purchase such Accepted Note on the Cancellation Date or actual closing date of such purchase and sale a fee (the "DELAYED DELIVERY FEE") calculated as follows: (BEY - MMY) X DTS/360 X PANotes:

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Franklin Electric Co Inc)

AutoNDA by SimpleDocs

Delayed Delivery Fee. If the closing of the purchase and sale of any Accepted Note is delayed for any reason beyond the original Closing Day for such Accepted Note, the Company or Electronic (as applicable) will pay to the Purchaser of such Accepted Note Prudential (i) on the Cancellation Date or actual closing date of such purchase and sale a fee (herein called the "DELAYED DELIVERY FEE") calculated as follows: (BEY - MMY) X DTS/360 DTS/365 X PA

Appears in 1 contract

Samples: Private Shelf Agreement (Zero Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!