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 the Representative may request upon at least 48 hours prior notice to the Company shall be delivered by or on behalf of the Company to you for your account against payment by you of the purchase price therefor by wire transfer of immediately available funds to an account designated by the Company. The closing of the sale and purchase of the Shares shall be held at the offices of Smitx Xxxmx Xxxliss & Moorx, X.L.P., Charlotte, North Carolina. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., Charlotte, North Carolina time, on the 3rd (or if the Firm Shares are priced, as contemplated by Rule 15c6-1(c) under the Exchange Act, after 4:30 p.m., Washington, D.C. time, the 4th) full business day after the execution of this Agreement or at such other legally permissible time and date as you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., Charlotte, North Carolina time, on the date specified by you in the written notice given by you of the Underwriters' election to purchase all or part of such optional shares, or at such other time and date as 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," such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called 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 available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the address set forth above or such other location designated by you to the Company. If the Representative so elects, 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 Representative.

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 the Representative Interstate/Johnxxx Xxxe Xxxporation may request upon at least 48 hours prior notice to the Company shall be delivered by or on behalf of the Company to you for your account against payment by you of the purchase price therefor by wire transfer 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 immediately available funds to an account designated by the Company. The closing of the sale and purchase of the Shares shall be held at the offices of Smitx Xxxmx Xxxliss Smith, Anderson, Blount, Dorsett, Mitcxxxx & MoorxXernxxxx, X.L.P., CharlotteXxleigh, North Carolina. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., Charlotte, North Carolina Charlotte time, on the 3rd (or if the Firm Shares are priced, as contemplated by Rule 15c6-1(c) under the Exchange Act, after 4:30 p.m., Washington, D.C. time, the 4th) ____ full business day after the execution of this Agreement or at such other legally permissible time and date as you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., Charlotte, North Carolina Charlotte time, on the date specified by you in the written notice given by you of the Underwriters' election to purchase all or part of such optional sharesOptional Shares, or at such other time and date as 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," such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called 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 available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the address set forth above or such other location designated by you to the Company. If the Representative so elects, 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 Representative.

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 the Representative Interstate/Johnxxx Xxxe Xxxporation may request upon at least 48 hours prior notice to the Company shall be delivered by or on behalf of the Company to you for your account against payment by you of the purchase price therefor by wire transfer 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 immediately available funds to an account designated by the Company. The closing of the sale and purchase of the Shares shall be held at the offices of Smitx Xxxmx Xxxliss Smith, Anderson, Blount, Dorsett, Mitcxxxx & MoorxXernxxxx, X.L.P., CharlotteXxleigh, North Carolina. The time and date of such delivery and payment shall be, with respect to the Firm Shares, at 10:00 a.m., Charlotte, North Carolina Charlotte time, on the 3rd (or if the Firm Shares are priced, as contemplated by Rule 15c6-1(c) under the Exchange Act, after 4:30 p.m., Washington, D.C. time, the 4th) fourth full business day after the execution of this Agreement or at such other legally permissible time and date as you and the Company may agree upon in writing, and, with respect to the Optional Shares, at 10:00 a.m., Charlotte, North Carolina Charlotte time, on the date specified by you in the written notice given by you of the Underwriters' election to purchase all or part of such optional sharesOptional Shares, or at such other time and date as 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," such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called 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 available for checking and packaging at least 24 hours prior to each Time of Delivery at your office at the address set forth above or such other location designated by you to the Company. If the Representative so elects, 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 Representative.