Common use of Delivery of the Offered Shares Clause in Contracts

Delivery of the Offered Shares. The delivery of the Firm Shares and, if applicable, the Optional Shares shall be made through the facilities of DTC unless the Representatives shall otherwise instruct. The Company shall deliver, or cause to be delivered to the Representatives for the accounts of the several Underwriters the Firm Shares to be sold by them at the First Closing Date, against release of a wire transfer of immediately available funds for the amount of the purchase price therefor to an account specified by the Company to the Representatives. The Company shall also deliver, or cause to be delivered to the Representatives for the accounts of the several Underwriters, the Optional Shares the Underwriters have agreed to purchase from them at the First Closing Date or the applicable Option Closing Date, as the case may be, against the release of a wire transfer of immediately available funds for the amount of the purchase price therefor to an account specified by the Company to the Representatives.

Delivery of the Offered Shares. The delivery of the Firm Shares and, if applicable, the Optional Shares shall be made through the facilities of DTC unless the Representatives shall otherwise instruct. The Company shall deliver, or cause to be delivered to the Representatives for the accounts of the several Underwriters the Firm Shares to be sold by them at the First Closing Date, against release following receipt by the Company of the amount of the purchase price therefor delivered by a wire transfer of immediately available funds for the amount of the purchase price therefor to an account specified by the Company to the Representatives. The Company shall also deliver, or cause to be delivered to the Representatives for the accounts of the several Underwriters, the Optional Shares the Underwriters have agreed to purchase from them at the First Closing Date or the applicable Option Closing Date, as the case may be, against following receipt by the release Company of the amount of the purchase price therefor delivered by a wire transfer of immediately available funds for the amount of the purchase price therefor to an account specified by the Company to the Representatives.