Common use of Delivery of and Payment for Securities Clause in Contracts

Delivery of and Payment for Securities. (i) Delivery of the stock and warrant certificates representing the securities comprising the Firm Units shall be made to the Underwriter at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, or such other location as you shall determine and advise the Company upon at least two (2) full business days' notice in writing, against payment therefor by certified or bank cashier's check drawn in New York clearing house funds or similar next day funds payable to the order of the Company, at 10:00 A.M., Eastern Time, on ____________ ___, 1998, or at such other time and business day (Saturdays, Sundays, and legal holidays in New York, New York not being considered business days for the purposes of this Agreement), not later than the 10th business day following the Effective Date, as shall be agreed upon by you and the Company, which time and date are herein called the "Closing Date." (ii) Delivery of certificates for the Common Stock and Warrants comprising the Units shall be made in registered form in such name or names and in such denominations as you shall specify to the Company upon at least two (2) full business days' notice in writing prior to the Closing Date or the Option Closing Date, as the case may be. The Company will make the certificates available to the Underwriter for examination at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, Attention: Xxxxxx X. Xxxxx, Chairman, or at such other location as you shall specify to the Company, not later than 2:00 P.M., Eastern Time, on the business day immediately preceding the Closing Date or the Option Closing Date, as the case may be.

Delivery of and Payment for Securities. (i) Delivery of the stock and warrant certificates representing the securities comprising the Firm Units shall be made to the Underwriter at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, or such other location as you shall determine and advise the Company upon at least two (2) full business days' notice in writing, against payment therefor by certified or bank cashier's check drawn in New York clearing house funds or similar next day funds or by wire transfer payable to the order of the Company, at 10:00 A.M., Eastern Time, on ____________ ___, 19981999, or at such other time and business day (Saturdays, Sundays, and legal holidays in New York, New York not being considered business days for the purposes of this Agreement), not later than the 10th business day following the Effective Date, as shall be agreed upon determined by you and the CompanyUnderwriter, which time and date are herein called the "Closing Date." (ii) Delivery of certificates for the Common Stock and Warrants comprising the Units shall be made in registered form in such name or names and in such denominations as you shall specify to the Company upon at least two (2) full business days' notice in writing prior to the Closing Date or the Option Closing Date, as the case may be. The Company will make the certificates available to the Underwriter for examination at the offices of Xxxxxthe Underwriter, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, Attention: Xxxxxx X. Xxxxx, Chairman, or at such other location as you shall specify to the Company, not later than 2:00 P.M., Eastern Time, on the business day immediately preceding the Closing Date or the Option Closing Date, as the case may be. At the request of the Underwriter, delivery of the Common Stock and Warrants comprising the Units shall be made through the facilities of Depository Trust Company ("DTC").

Delivery of and Payment for Securities. (i) Delivery of the stock and warrant certificates representing the securities comprising the Firm Units shall be made to the Underwriter at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, or such other location as you shall determine and advise the Company upon at least two (2) full business days' notice in writing, against payment therefor by certified or bank cashier's check drawn in New York clearing house funds or similar next day funds payable to the order of the Company, at 10:00 A.M., Eastern Time, on ____________ ___November , 1998, or at such other time and business day (Saturdays, Sundays, and legal holidays in New York, New York not being considered business days for the purposes of this Agreement), not later than the 10th business day following the Effective Date, as shall be agreed upon by you and the Company, which time and date are herein called the "Closing Date." (ii) Delivery of certificates for the Common Stock and Warrants comprising the Units shall be made in registered form in such name or names and in such denominations as you shall specify to the Company upon at least two (2) full business days' notice in writing prior to the Closing Date or the Option Closing Date, as the case may be. The Company will make the certificates available to the Underwriter for examination at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, Attention: Xxxxxx X. Xxxxx, Chairman, or at such other location as you shall specify to the Company, not later than 2:00 P.M., Eastern Time, on the business day immediately preceding the Closing Date or the Option Closing Date, as the case may be.

Delivery of and Payment for Securities. (i) Delivery of the stock and warrant certificates representing the securities comprising the Firm Units shall be made to the Underwriter Underwriters at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, or such other location as you shall determine and advise the Company upon at least two (2) full business days' notice in writing, against payment therefor by certified or bank cashier's check drawn in New York clearing house funds or similar next day funds or by wire transfer payable to the order of the Company, at 10:00 A.M., Eastern Time, on ____________ ___, 19981999, or at such other time and business day (Saturdays, Sundays, and legal holidays in New York, New York not being considered business days for the purposes of this Agreement), not later than the 10th business day following the Effective Date, as shall be agreed upon determined by you and the CompanyRepresentatives, which time and date are herein called the "Closing Date." (ii) Delivery of certificates for the Common Stock and Warrants comprising the Units shall be made in registered form in such name or names and in such denominations as you shall specify to the Company upon at least two (2) full business days' notice in writing prior to the Closing Date or the Option Closing Date, as the case may be. The Company will make the certificates available to the Underwriter Underwriters for examination at the offices of Xxxxx, 00 Xxxxxxxxxx Xxxx, Xxxxx Xxxx, Xxx Xxxx 00000, Attention: Xxxxxx X. Xxxxx, Chairman, or at such other location as you shall specify to the Company, not later than 2:00 P.M., Eastern Time, on the business day immediately preceding the Closing Date or the Option Closing Date, as the case may be. At the request of the Representatives, delivery of the Common Stock and Warrants comprising the Units shall be made through the facilities of Depository Trust Company ("DTC").