Common use of Delivery of and Payment for Firm ADSs Clause in Contracts

Delivery of and Payment for Firm ADSs. Delivery of and payment for the Firm ADSs shall be made at 10:00 A.M., Eastern time, on the third (3rd) business day following the Applicable Time, or at such time as shall be agreed upon by the Representative and the Company, at a place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Representative and the Company. The hour and date of delivery of and payment for the Firm ADSs is called the “Closing Date.” The closing of the payment of the purchase price for, and delivery of certificates representing the Firm ADSs, is referred to herein as the “Closing.” Payment for the Firm ADSs shall be made on the Closing Date by wire transfer in Federal (same day) funds upon delivery to the Underwriters of certificates (in form and substance reasonably satisfactory to the Underwriters) representing the Firm ADSs (or if uncertificated through the full fast transfer facilities of the Depository Trust Company (the “DTC”)) for the account of the Underwriters. The Firm ADSs shall be registered in such names and in such denominations as the Underwriters may request in writing at least two business days prior to the Closing Date. If certificated, the Company will permit the Underwriters to examine and package the Firm ADSs for delivery at least one full business day prior to the Closing Date. The Company shall not be obligated to sell or deliver the Firm ADSs except upon tender of payment by the Underwriters for all the Firm ADSs.

Appears in 3 contracts

Samples: Deposit Agreement (Xiao-I Corp), Underwriting Agreement (Xiao-I Corp), Underwriting Agreement (Xiao-I Corp)

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Delivery of and Payment for Firm ADSs. Delivery of and payment for the Firm ADSs shall be made at 10:00 A.M., Eastern time, on the third (3rd) business day Business Day following the Applicable Time, or at such time as shall be agreed upon by the Representative and the Company, at a the offices of the Representative’s counsel or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Representative and the Company. The hour and date of delivery of and payment for the Firm ADSs is called the “Closing Date.” The closing of the payment of the purchase price for, and delivery of certificates representing the Firm ADSs, is referred to herein as the “Closing.” Payment for the Firm ADSs shall be made on the Closing Date by wire transfer in Federal (same day) funds upon delivery to the Underwriters of certificates (in form and substance reasonably satisfactory to the Underwriters) representing the Firm ADSs (or if uncertificated through the full fast transfer facilities of the Depository Trust Company (the “DTC”)) for the account of the Underwriters. The Firm ADSs shall be registered in such names and in such denominations as the Underwriters may request in writing at least two business days Business Days prior to the Closing Date. If certificated, the Company will permit the Underwriters to examine and package the Firm ADSs for delivery at least one full business day Business Day prior to the Closing Date. The Company shall not be obligated to sell or deliver the Firm ADSs except upon tender of payment by the Underwriters for all the Firm ADSs.

Appears in 2 contracts

Samples: Lock Up Agreement (Jinxin Technology Holding Co), Lock Up Agreement (Jinxin Technology Holding Co)

Delivery of and Payment for Firm ADSs. Delivery of and payment for the Firm ADSs shall be made at 10:00 A.M., Eastern time, on the third second (3rd2nd) business day Business Day following the Applicable Timeeffective date of the Registration Statement (“Effective Date”), or at such time as shall be agreed upon by the Representative Underwriter and the Company, at a the offices of Loeb & Loeb LLP (the “Underwriter’s Counsel”) or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Representative Underwriter and the Company. The hour and date of delivery of and payment for the Firm ADSs is called the “Closing Date.” The closing of the payment of the purchase price forfor the Firm ADSs, and delivery of certificates representing the Firm ADSsShares, is referred to herein as the “Closing.” Payment for the Firm ADSs shall be made on the Closing Date by wire transfer in Federal federal (same day) funds upon as a condition to the delivery to the Underwriters Underwriter of certificates (in form and substance reasonably satisfactory to the Underwriters) representing the Firm ADSs (or if uncertificated and the Firm Shares through the full fast transfer facilities of the Depository Trust Company (the “DTC”)) for the account of the UnderwritersUnderwriter. The Firm ADSs shall be registered in such names and in such denominations as the Underwriters Underwriter may request in writing at least two business days prior to the Closing Date. If certificated, the Company will permit the Underwriters to examine and package the Firm ADSs for delivery at least one full business day (2) Business Days prior to the Closing Date. The Company shall not be obligated to sell or deliver the Firm ADSs except upon tender of payment by the Underwriters Underwriter for all the Firm ADSs.

Appears in 1 contract

Samples: Underwriting Agreement (Warrantee Inc.)

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Delivery of and Payment for Firm ADSs. Delivery of and payment for the Firm ADSs shall be made at 10:00 A.M., Eastern time, on the second (2nd) Business Day following the third (3rd) business day Business Day following the Applicable Time, effective date of the Registration Statement (“Effective Date”) or at such time as shall be agreed upon by the Representative and the Company, at a the offices of VCL Law LLP (the “Underwriters’ Counsel”) or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Representative Underwriters and the Company. The hour and date of delivery of and payment for the Firm ADSs is called the “Closing Date.” The closing of the payment of the purchase price forfor the Firm ADSs, and delivery of certificates representing the Firm ADSsShares, is referred to herein as the “Closing.” Payment for the Firm ADSs shall be made on the Closing Date by wire transfer in Federal (same day) funds upon delivery to the Underwriters Representative of certificates (in form and substance reasonably satisfactory to the UnderwritersRepresentative) representing the Firm ADSs Shares (or if uncertificated through the full fast transfer facilities of the Depository Trust Company (the “DTC”)) for the account of the Underwriters. The Firm ADSs Shares shall be registered in such names and in such denominations as the Underwriters may request in writing at least two business days (2) Business Days prior to the Closing Date. If certificated, the Company will permit the Underwriters Representative to examine and package the Firm ADSs Shares for delivery at least one (1) full business day Business Day prior to the Closing Date. The Company shall not be obligated to sell or deliver the Firm ADSs except upon tender of payment by the Underwriters for all the Firm ADSs.

Appears in 1 contract

Samples: Underwriting Agreement (Hywin Holdings Ltd.)

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