Common use of Delivery of the Firm Shares and the Optional Shares Clause in Contracts

Delivery of the Firm Shares and the Optional Shares. Designated Shares to be purchased by each Underwriter pursuant to the Pricing Agreement relating thereto, in the form specified in such Pricing Agreement, and in such authorized denominations and registered in such names as the Underwriters may request upon at least 24 hours’ prior notice to the Company, will be delivered by or on behalf of the Company to the Underwriters for the account of such Underwriters, against payment by such Underwriters or on their behalf of the purchase price therefor by wire transfer in federal or other same day funds, payable to the order of the Company in the funds specified in such Pricing Agreement, (i) with respect to the Firm Shares all in the manner and at the place and time and date specified in such Pricing Agreement or at such other place and time and date as the Underwriters and the Company may agree upon in writing, such time and date being herein called the “First Time of Delivery” and (ii) with respect to the Optional Shares, if any, in the manner and at the time and date specified pursuant to the applicable Pricing Agreement by the Underwriters in the written notice given by the Underwriters of the Underwriters’ election to purchase 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, if not the First Time of Delivery, herein called a “Subsequent Time of Delivery”. Each such time and date for delivery is herein called a “Time of Delivery”.

Appears in 2 contracts

Samples: Underwriting Agreement (Brandywine Operating Partnership, L.P.), Underwriting Agreement (Brandywine Operating Partnership, L.P.)

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Delivery of the Firm Shares and the Optional Shares. Designated Shares to be purchased by each Underwriter pursuant to the Pricing Agreement relating thereto, in the form specified in such Pricing Agreement, and in such authorized denominations and registered in such names as the Underwriters Representatives may request upon at least 24 hours’ prior notice to the Company, will be delivered by or on behalf of the Company to the Underwriters Representatives for the account of such UnderwritersUnderwriter, against payment by such Underwriters Underwriter or on their its behalf of the purchase price therefor by wire transfer in federal or other same day funds, payable to the order of the Company in the funds specified in such Pricing Agreement, (i) with respect to the Firm Shares all in the manner and at the place and time and date specified in such Pricing Agreement or at such other place and time and date as the Underwriters Representatives and the Company may agree upon in writing, such time and date being herein called the “First Time of Delivery” and (ii) with respect to the Optional Shares, if any, in the manner and at the time and date specified pursuant to the applicable Pricing Agreement pricing agreement by the Underwriters Representatives in the written notice given by the Underwriters Representatives of the Underwriters’ election to purchase such Optional Shares, or at such other time and date as the Underwriters Representatives and the Company may agree upon in writing, such time and date, if not the First Time of Delivery, herein called a “Subsequent Time of Delivery”. .” Each such time and date for delivery is herein called a “Time of Delivery..

Appears in 1 contract

Samples: Underwriting Agreement (Brandywine Operating Partnership, L.P.)

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Delivery of the Firm Shares and the Optional Shares. Designated Shares to be purchased by each Underwriter pursuant to the Pricing Agreement relating thereto, in the form specified in such Pricing Agreement, and in such authorized denominations and registered in such names as the Underwriters Representatives may request upon at least 24 hours’ prior notice to the Company, will be delivered by or on behalf of the Company to the Underwriters Representatives for the account of such UnderwritersUnderwriter, against payment by such Underwriters Underwriter or on their its behalf of the purchase price therefor by wire transfer in federal or other same day funds, payable to the order of the Company in the funds specified in such Pricing Agreement, (i) with respect to the Firm Shares all in the manner and at the place and time and date specified in such Pricing Agreement or at such other place and time and date as the Underwriters Representatives and the Company may agree upon in writing, such time and date being herein called the “First Time of Delivery” and (ii) with respect to the Optional Shares, if any, in the manner and at the time and date specified pursuant to the applicable Pricing Agreement by the Underwriters Representatives in the written notice given by the Underwriters Representatives of the Underwriters’ election to purchase such Optional Shares, or at such other time and date as the Underwriters Representatives and the Company may agree upon in writing, such time and date, if not the First Time of Delivery, herein called a “Subsequent Time of Delivery”. Each such time and date for delivery is herein called a “Time of Delivery”.

Appears in 1 contract

Samples: Underwriting Agreement (Brandywine Realty Trust)

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