Common use of DELIVERY OF SHARES; CLOSING Clause in Contracts

DELIVERY OF SHARES; CLOSING. Certificates in definitive form for the Shares to be purchased by each Underwriter hereunder, and in such denominations and registered in such names as Raymxxx Xxxex & Xssociates, Inc. may request upon at least 48 hours prior notice to the Company, shall be delivered by or on behalf of the Company to the Underwriters for the respective account of each such Underwriter, against payment by such Underwriter on its behalf as provided herein. Payment shall be made (i) with respect to the purchase price for the Firm Shares and any Optional Shares purchased from the Company if any Optional Shares are purchased hereunder, to the Company by official bank check or checks payable to the order of, or by wire transfer to the account of, the Company, in same day available funds against delivery of the certificates for the Firm Shares or Optional Shares purchased from the Company, as the case may be. The closing of the sale and purchase of the Shares shall be held at the offices of Raymxxx Xxxex & Xssociates, Inc., 880 Xxxxxxxx Xxxxxxx, Xx. Xxxxxxxxxx, Xxxxxxx 00000, xxcept that physical delivery of certificates for the Shares shall be made at the office of ChaseMellon Shareholder Services, L.L.C., 120 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx at such other location designated by Raymxxx Xxxex & Xssociates, Inc. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., local time, on the third (or if the Firm Shares are priced as contemplated by Rule 15c6-1(c) of the Commission, after 4:30 p.m., Washington, D.C. time, the fourth) full business day after this Agreement is executed or at such other time and date as the Underwriters and the Company may agree upon in writing, and, with respect to the Optional Shares, 10:00 a.m., local time, on the date specified by the Underwriters in the written notice given by the Underwriters of the Underwriters' election to purchase all or part of such Optional Shares, or at such other time and date as the Underwriters and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," and such time and date for delivery of any Optional Shares, if not the First Time of Delivery, is herein called the "Subsequent Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." The Company will make certificates for the Shares available for checking and packaging at least 24 hours prior to each Time of Delivery at the office of The Depository Trust Company, 55 Wxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 xx at such other location in New York, New York specified by the Underwriters in writing at least 48 hours prior to such Time of Delivery.

DELIVERY OF SHARES; CLOSING. Certificates in definitive form for the Shares to be purchased by each Underwriter hereunder, and in such denominations and registered in such names as Raymxxx Xxxex & Xssociates, Inc. the Representative may request upon at least 48 hours prior notice to the Company, Company shall be delivered by or on behalf of the Company to the Underwriters you for the respective your account of each such Underwriter, against payment by such Underwriter on its behalf as provided herein. Payment shall be made (i) with respect to you of the purchase price for the Firm Shares and any Optional Shares purchased from the Company if any Optional Shares are purchased hereunder, to the Company by official bank check or checks payable to the order of, or therefor by wire transfer of immediately available funds to the an account of, designated by the Company, in same day available funds against delivery of the certificates for the Firm Shares or Optional Shares purchased from the Company, as the case may be. The closing of the sale and purchase of the Shares shall be held at the offices of Raymxxx Xxxex Smith, Anderson, Blount, Dorsett, Xxxxxxxx & XssociatesXxxxxxxx, Inc.L.L.P., 880 Xxxxxxxx 0000 Xxxxx Xxxxx Xxxxxxx Xxxxxx, Xxxxxxx, XxXxxxx Xxxxxxxx 00000. Xxxxxxxxxx, Xxxxxxx 00000, xxcept that physical delivery of certificates for the Shares shall be made at the office of ChaseMellon Shareholder Services, L.L.C., 120 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx at such other location designated by Raymxxx Xxxex & Xssociates, Inc. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., local Charlotte, North Carolina time, on the third 3rd (or if the Firm Shares are priced priced, as contemplated by Rule 15c6-1(c) of under the CommissionExchange Act, after 4:30 p.m., Washington, D.C. time, the fourth4th) full business day after the execution of this Agreement is executed or at such other legally permissible time and date as the Underwriters you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., local Charlotte, North Carolina time, on the date specified by the Underwriters you in the written notice given by the Underwriters you of the Underwriters' election to purchase all or part of such Optional Sharesoptional shares, or at such other time and date as the Underwriters you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," and such time and date for delivery of any the Optional Shares, if not the First Time of Delivery, is herein called the a "Subsequent Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." The Company will make such certificates for the Shares available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the office of The Depository Trust Company, 55 Wxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 xx at address set forth above or such other location in New Yorkdesignated by you to the Company. If the Representative so elects, New York specified delivery of the Firm Shares and the Optional Shares, if any, may be made by credit through full fast transfer to the accounts at the Depositary Trust Company designated by the Underwriters in writing at least 48 hours prior to such Time of DeliveryRepresentative.

DELIVERY OF SHARES; CLOSING. Certificates in definitive form for the Shares to be purchased by each Underwriter hereunder, and in such denominations and registered in such names as Raymxxx Xxxex & Xssociates, Inc. Interstate/Johnxxx Xxxe Xxxporation may request upon at least 48 hours prior notice to the Company, Company shall be delivered by or on behalf of the Company to the Underwriters you for the respective your account of each such Underwriter, against payment by such Underwriter on its behalf as provided herein. Payment shall be made (i) with respect to you of the purchase price for the Firm Shares and any Optional Shares purchased from the Company if any Optional Shares are purchased hereunder, to the Company therefor by official bank check or checks (payable in next day funds unless closing is on a Friday in which case it shall be payable in same day funds) drawn on an Atlanta, Georgia bank, payable to the order of, or by wire transfer to the account of, of the Company, in same day available funds against delivery of the certificates for the Firm Shares or Optional Shares purchased from the Company, as the case may be. The closing of the sale and purchase of the Shares shall be held at the offices of Raymxxx Xxxex & XssociatesTrouxxxx Xxxdxxx XXX, Inc.Atlanta, 880 Xxxxxxxx Xxxxxxx, XxGeorgia. Xxxxxxxxxx, Xxxxxxx 00000, xxcept that physical delivery of certificates for the Shares shall be made at the office of ChaseMellon Shareholder Services, L.L.C., 120 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx at such other location designated by Raymxxx Xxxex & Xssociates, Inc. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., local Atlanta time, on the third 3rd (or if the Firm Shares are priced priced, as contemplated by Rule 15c6-1(c) of under the CommissionExchange Act, after 4:30 p.m., Washington, D.C. time, the fourth4th) full business day after the execution of this Agreement is executed or at such other legally permissible time and date as the Underwriters you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., local Atlanta time, on the date specified by the Underwriters you in the written notice given by the Underwriters you of the Underwriters' election to purchase all or part of such Optional Shares, or at such other time and date as the Underwriters you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," and such time and date for delivery of any the Optional Shares, if not the First Time of Delivery, is herein called the a "Subsequent Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." The Company will make such certificates for the Shares available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the office of The Depository Trust Company, 55 Wxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 xx at address set forth above or such other location in New Yorkdesignated by you to the Company. If the Representative so elects, New York specified delivery of the Firm Shares and the Optional Shares, if any, may be made by credit through full fast transfer to the accounts at the Depositary Trust Company designated by the Underwriters in writing at least 48 hours prior to such Time of DeliveryRepresentative.

DELIVERY OF SHARES; CLOSING. Certificates in definitive form for the Shares to be purchased by each Underwriter hereunder, and in such denominations and registered in such names as Raymxxx Xxxex & Xssociates, Inc. the Representative may request upon at least 48 hours prior notice to the Company, Company shall be delivered by or on behalf of the Company to the Underwriters you for the respective your account of each such Underwriter, against payment by such Underwriter on its behalf as provided herein. Payment shall be made (i) with respect to you of the purchase price for the Firm Shares and any Optional Shares purchased from the Company if any Optional Shares are purchased hereunder, to the Company therefor by official bank check or checks (payable in same day funds) drawn on a Charlotte, North Carolina bank, payable to the order of, or by wire transfer to the account of, of the Company, in same day available funds against delivery of the certificates for the Firm Shares or Optional Shares purchased from the Company, as the case may be. The closing of the sale and purchase of the Shares shall be held at the offices of Raymxxx Xxxex Moorx & Xssociates, Inc., 880 Xxxxxxxx Xxxxxxx, Xx. Xxxxxxxxxx, Xxxxxxx 00000, xxcept that physical delivery of certificates for the Shares shall be made at the office of ChaseMellon Shareholder Services, L.L.C., 120 Xxxxxxxx, 00xx Xan Xxxxx, Xxx XxxxXXLC, Xxx Xxxx 00000Charlotte, xx at such other location designated by Raymxxx Xxxex & Xssociates, Inc. North Carolina. The time and date of such delivery and payment shall be, with respect to the Firm Shares and the Standby Shares, at 10:00 a.m., local Charlotte time, on the third (or if the Firm Shares are priced as contemplated by Rule 15c6-1(c) of the Commission, after 4:30 p.m., Washington, D.C. time, the fourth) fourth full business day after the execution of this Agreement is executed or at such other time and date as the Underwriters you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., local Charlotte time, on the date specified by the Underwriters you in the written notice given by the Underwriters you of the Underwriters' election to purchase all or part of such Optional Shares, or at such other time and date as the Underwriters you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," and such time and date for delivery of any the Optional Shares, if not the First Time of Delivery, is herein called the a "Subsequent Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." The Company will make such certificates for the Shares available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the office of The Depository Trust Company, 55 Wxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 xx at address set forth above or such other location in New York, New York specified designated by you to the Underwriters in writing at least 48 hours prior to such Time of DeliveryCompany.

DELIVERY OF SHARES; CLOSING. Certificates in definitive form for the Shares to be purchased by each the Underwriter hereunder, and in such denominations and registered in such names as Raymxxx Xxxex & Xssociates, Inc. the Underwriter may request upon at least 48 hours prior notice to the Company, Company shall be delivered by or on behalf of the Company to the Underwriters you for the respective your account of each such Underwriter, against payment by such Underwriter on its behalf as provided herein. Payment shall be made (i) with respect to you of the purchase price for the Firm Shares and any Optional Shares purchased from the Company if any Optional Shares are purchased hereunder, to the Company therefor by official bank check or checks (payable in next day funds unless closing is on a Friday in which case it shall be payable in same day funds) drawn on a Charlotte, North Carolina bank, payable to the order of, or by wire transfer to the account of, of the Company, in same day available funds against delivery of the certificates for the Firm Shares or Optional Shares purchased from the Company, as the case may be. The closing of the sale and purchase of the Shares shall be held at a location to be agreed upon by the offices of Raymxxx Xxxex & Xssociates, Inc., 880 Xxxxxxxx Xxxxxxx, XxCompany and the Underwriter. Xxxxxxxxxx, Xxxxxxx 00000, xxcept that physical delivery of certificates for the Shares shall be made at the office of ChaseMellon Shareholder Services, L.L.C., 120 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx at such other location designated by Raymxxx Xxxex & Xssociates, Inc. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., local Charlotte time, on the third (or if the Firm Shares are priced as contemplated by Rule 15c6-1(c) of the Commission, after 4:30 p.m., Washington, D.C. time, the fourth) fourth full business day after the execution of this Agreement is executed or at such other time and date as the Underwriters you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., local Charlotte time, on the date specified by the Underwriters you in the written notice given by the Underwriters you of the Underwriters' your election to purchase all or part of such Optional Shares, or at such other time and date as the Underwriters you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," and such time and date for delivery of any the Optional Shares, if not the First Time of Delivery, is herein called the a "Subsequent Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." The Company will make such certificates for the Shares available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the office of The Depository Trust Company, 55 Wxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 xx at address set forth above or such other location in New York, New York specified designated by you to the Underwriters in writing at least 48 hours prior to such Time of DeliveryCompany.