Common use of Delivery of the Debentures and Payment Therefor Clause in Contracts

Delivery of the Debentures and Payment Therefor. Delivery to the Underwriters of and payment for the Firm Debentures shall be made at the office of Smitx Xxxxxx Xxx., 388 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx 10:00 A.M., New York City time, on March 14, 1997 (the "Closing Date"). The place of closing for the Firm Debentures and the Closing Date may be varied by agreement between you and the Company. Delivery to the Underwriters of and payment for any Additional Debentures to be purchased by the Underwriters shall be made at the aforementioned office of Smitx Xxxxxx Xxx. at such time on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters to the Company of the Underwriters' determination to purchase a principal amount, specified in such notice, of Additional Debentures. The place of closing for any Additional Debentures and the Option Closing Date for such Debentures may be varied by agreement between you and the Company. The Firm Debentures and any Additional Debentures to be purchased hereunder shall be registered in such names and in such denominations as you shall request prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date or any Option Closing Date, as the case may be. The Debentures to be delivered to the Underwriters shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., New

Delivery of the Debentures and Payment Therefor. Delivery to the Underwriters of and payment for the Firm Debentures shall be made at the office of Smitx Xxxxxx Xxx.Smith Barney Inc., 388 Xxxxxxxxx XxxxxxGreenwich Street, New York, NY 10013, at 10:00 X.X., Xxx Xxxx, Xxx Xxxx 00000Xxrk City xxxx, xx 10:00 A.M.Xxxxx 00, New York City time, on March 14, 1997 0000 (the xxx "Closing DateXxxxxxx Xate"). The place of closing for the Firm Debentures and the Closing Date may be varied by agreement between you and the Company. Delivery to the Underwriters of and payment for any Additional Debentures to be purchased by the Underwriters shall be made at the aforementioned office of Smitx Xxxxxx Xxx. Smith Barney Inc. at such time on such date (the "Option Closing Date"), which may xxxxx xxx be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters to the Company of the Underwriters' determination to purchase a principal amountamount at maturity, specified in such notice, of Additional Debentures. The place of closing for any Additional Debentures and the Option Closing Date for such Debentures may be varied by agreement between you and the Company. The Firm Debentures and any Additional Debentures which the Underwriters may elect to purchase will be purchased hereunder shall be delivered to you for the accounts of the several Underwriters against payment of the purchase price therefor in immediately available funds and registered in such names and in such denominations as you shall request in writing prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date or any the Option Closing Date, as the case may be. The Debentures to be delivered to the Underwriters shall be made available to you in New York City for inspection and packaging not later than 9:30 A.M., NewNew York City time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be.

Delivery of the Debentures and Payment Therefor. Delivery to the Underwriters Initial Purchasers of and payment for the Firm Debentures shall be made at the office of Smitx Xxxxx Xxxxxx Xxx.Inc., 388 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx at 10:00 A.M., New York City time, on March 1420, 1997 1998 (the "Closing Date"). The place of closing for the Firm Debentures and the Closing Date may be varied by agreement between you the Initial Purchasers and the Company. Delivery to the Underwriters Initial Purchasers of and payment for any Additional Debentures to be purchased by the Underwriters Initial Purchasers shall be made at the aforementioned office of Smitx Xxxxx Xxxxxx Xxx. Inc. at such time on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two three nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters Initial Purchasers to the Company of the UnderwritersInitial Purchasers' determination to purchase a the principal amount, amount of Additional Debentures specified in such notice, of Additional Debentures. The place of closing for any Additional Debentures and the Option Closing Date for such Additional Debentures may be varied by agreement between you the Initial Purchasers and the Company. The Firm Debentures and any Additional Debentures which the Initial Purchasers may elect to purchase will be purchased hereunder shall delivered to the Initial Purchasers against payment of the purchase price therefor by federal or other immediately available funds. The Debentures will be registered evidenced by a single global security in definitive form (the "Global Debenture") and/or by additional definitive securities, and will be registered, in the case of the Global Debenture, in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), and in the other cases, in such names and in such denominations as you the Initial Purchasers shall request prior to 9:30 A.M.1:00 p.m., New York City time, on the second third business day preceding the Closing Date or any Option Closing Date, as the case may be. The Debentures to be delivered to the Underwriters Initial Purchasers shall be made available to you the Initial Purchasers in New York City for inspection and packaging not later than 9:30 A.M.a.m., NewNew York City time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be.

Delivery of the Debentures and Payment Therefor. (a) Delivery to the Underwriters of and payment for the Firm Debentures shall be made against payment therefor at the office of Smitx Xxxxxx Xxx.7:00 a.m., 388 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx 10:00 A.M., New York City California time, on March 14February __, 1997 1996 (the "Closing Date")) at the offices of Xxxxxx, Xxxxxxxxxx & Xxxxxxxxx, 000 Xxxxx Xxxxxxxx Xxxxxx, Los Angeles, California 90017. The place of the closing for the Firm Debentures and the Closing Date may be varied by agreement between you among the Underwriters and the Company. . (b) Delivery to the Underwriters of and payment for any Additional Option Debentures to be purchased by the several Underwriters shall be made in Los Angeles, California against payment therefor at the aforementioned office offices of Smitx Xxxxxx Xxx. Xxxxxx, Xxxxxxxxxx & Xxxxxxxxx at such time and on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten three business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters to the Company of the Underwriters' determination to purchase a Option Debentures in such principal amount, amount as specified in such said notice, . Said notice may be given at any time within 30 days after the date of Additional Debenturesthe execution of this Agreement. The place of the closing for any Additional Debentures and the Option Closing Date for such Debentures may be varied by agreement between you the Underwriters and the Company. The . (c) Certificates for the Firm Debentures and any Additional for the Option Debentures to be purchased hereunder shall be registered in such names and in such denominations as you the Underwriters shall request prior to 9:30 A.M.9:00 a.m., New York City California time, on the second full business day preceding the Closing Date or any the Option Closing Date, as the case may be. Such certificates shall be made available to the Underwriters at the office of The Depository Trust Company, New York, New York, for inspection and packaging not later than 9:00 a.m., California time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Debentures to and the Option Debentures shall be delivered to the Underwriters shall be made available on the Closing Date or the Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, against payment of the purchase price therefor by certified or official bank checks payable in Los Angeles Clearing House or other next day funds to you in New York City for inspection the order of the Company, subject to change by written agreement of the Company and packaging not later than 9:30 A.M., Newthe Underwriters.

Delivery of the Debentures and Payment Therefor. Delivery to the Underwriters Initial Purchasers of and payment for the Firm Debentures shall be made at the office of Smitx Xxxxx Xxxxxx Xxx.Inc., 388 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx XX 00000, xx at 10:00 A.M., New York City time, on March 14December 11, 1997 1996 (the "Closing Date"). The place of closing for the Firm Debentures and the Closing Date may be varied by agreement between you the Initial Purchasers and the Company. Delivery to the Underwriters Initial Purchasers of and payment for any Additional Debentures to be purchased by the Underwriters Initial Purchasers shall be made at the aforementioned office of Smitx Xxxxx Xxxxxx Xxx. Inc. at such time on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters Initial Purchasers to the Company of the UnderwritersInitial Purchasers' determination to purchase a the principal amount, amount of Additional Debentures specified in such notice, of Additional Debentures. The place of closing for any Additional Debentures and the Option Closing Date for such Additional Debentures may be varied by agreement between you the Initial Purchasers and the Company. The Firm Debentures and any Additional Debentures which the Initial Purchasers may elect to purchase will be purchased hereunder shall delivered to the Initial Purchasers against payment of the purchase price therefor in immediately available funds. Debentures being sold by the Initial Purchasers in Exempt Resales to Qualified Institutional Buyers in reliance on Rule 144A will be initially evidenced by one or more global securities, and will be registered in such names the name of Cede & Co. ("Cede") as nominee of The Depository Trust Company ("DTC"). Debentures being sold by the Initial Purchasers in Exempt Resales to certain persons in offshore transactions in reliance on Regulation S will be initially evidenced by one or more global securities which will be deposited with, or on behalf of DTC, and registered in such denominations the name of Cede as you shall request prior to 9:30 A.M.DTC's nominee, for the account of Xxxxxx Guaranty Trust Company of New York City timeYork, on the second business day preceding the Closing Date or any Option Closing DateBrussels office, as operator of the case may be. Euroclear System and Cedel, S.A. The Debentures to be delivered to the Underwriters Initial Purchasers shall be made available to you the Initial Purchasers in New York City for inspection and packaging not later than 9:30 A.M.a.m., NewNew York City time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be.

Delivery of the Debentures and Payment Therefor. Delivery to the Underwriters Initial Purchasers of and payment for the Firm Debentures shall be made at the office of Smitx Xxxxxx Xxx., 388 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx XX 00000, xx 10:00 A.M., New York City time, on March 14December 18, 1997 1996 (the "Closing Date"). The place of closing for the Firm Debentures and the Closing Date may be varied by agreement between you the Initial Purchasers and the Company. Delivery to the Underwriters Initial Purchasers of and payment for any Additional Debentures to be purchased by the Underwriters Initial Purchasers shall be made at the aforementioned office of Smitx Xxxxxx Xxx. at such time on such date (the "Option Closing Date"), which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor earlier than two nor later than ten business days after the giving of the notice hereinafter referred to, as shall be specified in a written notice from you on behalf of the Underwriters Initial Purchasers to the Company of the UnderwritersInitial Purchasers' determination to purchase a the principal amount, amount of Additional Debentures specified in such notice, of Additional Debentures. The place of closing for any Additional Debentures and the Option Closing Date for such Additional Debentures may be varied by agreement between you the Initial Purchasers and the Company. The Firm Debentures and any Additional Debentures which the Initial Purchasers may elect to purchase will be purchased hereunder shall delivered to the Initial Purchasers against payment of the purchase price therefor in immediately available funds. Debentures being sold by the Initial Purchasers in Exempt Resales to Qualified Institutional Buyers in reliance on Rule 144A will be initially evidenced by a global security and will be registered in such names and in such denominations as you shall request prior to 9:30 A.M., New York City time, on the second business day preceding the Closing Date or any Option Closing Datename of Cede & Co. ("Cede"), as nominee of The Depository Trust Company ("DTC"). Debentures being sold by the case may beInitial Purchasers in Exempt Resales to certain persons in offshore transactions in reliance on Regulation S will be initially evidenced by a global security which will be deposited with, or on behalf of, DTC and registered in the name of Cede as DTC's nominee, for the accounts of Morgxx Xxxranty Trust Company of New York, Brussels office, or Citibank, N.A., as operators of the Euroclear System and Cedel, S.A., respectively. The Debentures to be delivered to the Underwriters Initial Purchasers shall be made available to you the Initial Purchasers in New York City for inspection and packaging not later than 9:30 A.M.a.m., NewNew York City time, on the business day next preceding the Closing Date or the Option Closing Date, as the case may be.