Delivery and Payments. On the first Business Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Initial Number of Shares to the Purchaser, upon payment by the Purchaser of (i) an amount equal to the Purchase Price to the Seller and (ii) the Contract Fee to X.X. Xxxxxx Securities Inc.; provided that if the Seller is unable to borrow or otherwise acquire a number of shares of Common Stock equal to the Initial Number of Shares for delivery to the Purchaser on the Initial Settlement Date, the Initial Number of Shares shall be reduced to such number of shares of Common Stock as the Seller is able to borrow or otherwise acquire and any amounts payable by the Purchaser pursuant to this Article 2 shall be reduced correspondingly. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
Delivery and Payments. In the event of a Spot Trade, you will pay the Sale Currency in full into the Client Nominated Account for value no later than 2 working days after the transaction was made In the event of a Forward Trade, you will immediately (in the normal course of events within 24 hours after the Order is placed unless otherwise agreed) pay into the Margin Nominated Account in cleared funds a Margin as determine in accordance with clause
Delivery and Payments. On the first Business Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Number of Shares to the Purchaser, upon payment by the Purchaser of (i) an amount equal to the Initial Purchase Price to the Seller and (ii) the Initial Purchase Commission to the Seller, in connection with the Purchaser’s purchase of the Number of Shares. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
Delivery and Payments. On the third Trading Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Initial Number of Shares to the Purchaser, upon payment by the Purchaser of (i) an amount equal to the Purchase Price to the Seller and (ii) the Contract Fee to X.X. Xxxxxx Securities LLC; provided that if the Seller is unable to borrow or otherwise acquire a number of shares of Common Stock equal to the Initial Number of Shares for delivery to the Purchaser on the Initial Settlement Date, the Initial Number of Shares shall be reduced to such number of shares of Common Stock as the Seller is able to borrow or otherwise acquire and any amounts payable by the Purchaser pursuant to this Article 2 shall be reduced correspondingly. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures, which shall be commercially reasonable.
Delivery and Payments. On the second Business Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Initial Number of Shares to the Purchaser, upon payment by the Purchaser of an amount equal to the Purchase Price to the Seller; provided that if the Seller is unable, using commercially reasonable efforts, to borrow or otherwise acquire a number of shares of Common Stock equal to the Exhibit 10.1 Initial Number of Shares for delivery to the Purchaser on the Initial Settlement Date, the Initial Number of Shares shall be reduced to such number of shares of Common Stock as the Seller is able to borrow or otherwise acquire in order to establish a commercially reasonable hedge position. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
Delivery and Payments. 4.1 In the event of a Spot Trade, you will pay the Sale Currency in full into the Client Nominated Account for value no later than the close of business the following business day or time specified by MFX before entering a transaction.
4.2 In the event of a Forward Trade, you will immediately (in the normal course of events within 24 hours after the Order is placed unless otherwise agreed) pay into the Margin Nominated Account in cleared funds a Margin of 10% of the full amount of the Sold Currency, or such other percentage as we may specify at our sole discretion and will pay any outstanding balance of the Sale Currency into the Nominated Account not later than one Working Day before the Value Date of the particular Forward Trade. Any margin held by MERCURY ASIA LIMITED will be lodged against the forward position of the client and subjected to market condition.
Delivery and Payments. On the first Business Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Initial Number of Shares to the Purchaser, upon payment by the Purchaser of an amount equal to the Purchase Price to the Seller; provided that if the Seller is unable to borrow or otherwise acquire a number of shares of Common Stock equal to the Initial Number of Shares for delivery to the Purchaser on the Initial Settlement Date, the Initial Number of Shares shall be reduced to such number of shares of Common Stock as the Seller is able to borrow or otherwise acquire and any amounts payable by the Purchaser pursuant to this Article 2 shall be reduced correspondingly. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
Delivery and Payments. On the first Business Day immediately following the Effective Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Number of Shares to the Purchaser, upon payment by the Purchaser of (i) an amount equal to the Initial Purchase Price to the Seller and (ii) a commission in the amount per share specified in the Pricing Supplement (the “Initial Commission”) to J.X. Xxxxxx Securities Inc., in connection with the Purchaser’s purchase of the Number of Shares; provided that Seller may deliver the Number of Shares to be delivered on the Initial Settlement Date at two or more times; and provided further that the aggregate number of Shares that Seller shall deliver to Purchaser hereunder in all such deliveries shall equal the Number of Shares. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
Delivery and Payments. (a) On the first Business Day immediately following the Trade Date (such day, the “Initial Settlement Date”), the Seller shall deliver the Number of Shares to the Purchaser, upon payment by the Purchaser of an amount equal to the Initial Purchase Price to the Seller. Such delivery and payment shall be effected in accordance with the Seller’s customary procedures.
(b) Notwithstanding Section 2.02(a), the Seller may deliver the Number of Shares to be delivered on the Initial Settlement Date at two or more times or on two or more dates, each time on delivery-versus-payment basis; provided that (i) the first of such deliveries will be on the Initial Settlement Date, (ii) the last of such deliveries will be no later than on the tenth (10th) Trading Day following the Initial Settlement Date, and (iii) the aggregate number of shares of Common Stock that the Seller shall deliver to the Purchaser hereunder in all such deliveries shall equal the Number of Shares.
Delivery and Payments. 8.1 Upon InterWorld's receipt of the this Agreement executed by End User and the Exhibit E from the reseller, InterWorld shall deliver the applicable Software and Documentation to End User by physical medium, electronically or otherwise.
8.2 Unless otherwise specified in writing signed by both parties, payment is due upon the execution of this Agreement. End User shall pay all applicable shipping charges and sales, use, personal property or similar taxes, tariffs or governmental charges, exclusive of InterWorld's income and corporate franchise taxes. End User shall reimburse InterWorld for all costs incurred (including reasonable attorneys' fees) in collecting past due amounts.
8.3 End User must purchase a support and maintenance plan ("Support") from InterWorld for the first year for all Software licensed hereunder. End User will be invoiced for first year Support upon execution of this Agreement. Support shall commence on the date of invoice. Fees for Support in subsequent years shall be subject to increase by InterWorld and billed annually in advance ("Support Fees"). Unless End User notifies InterWorld in writing of its desire not to renew Support sixty (60) days prior to the end of the existing Support period, End User will be invoiced one month prior to the end of the existing Support period for Support for the following year. The renewal invoices will be due net thirty (30) days from the invoice date. In the event that End User is thirty (30) days past due in remitting fees Support fees, InterWorld shall have the right to immediately terminate Support to End User without any liability to End User. End User may reinstate lapsed Support for any then currently supported Software by paying all Support Fees in arrears and InterWorld's professional services costs (on a time and materials basis) plus all travel expenses incurred by InterWorld in updating the Software to the current version.
