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

Delivery of the Units and Payment Therefor. (a) Delivery to the Initial Purchasers of and payment for the Units shall be made at the office of Lathxx & Xatkxxx, 005 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, xx 9:00 A.M., New York City time, on January 20, 1999 (the "CLOSING DATE"). The place of closing for the Units and the Closing Date may be varied by agreement between the Initial Purchasers and the Company. (b) The Units will be delivered to the Initial Purchasers against payment of the purchase price therefor in immediately available funds. The Units will be evidenced by one or more global securities in definitive form (the "GLOBAL UNIT") and/or by additional definitive securities, and will be registered, in the case of the Global Unit, 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 the Initial Purchasers shall request prior to 9:30 A. M., New York City time, on the second business day preceding the Closing Date. The Units to be delivered to the Initial Purchasers shall be made available to the Initial Purchasers in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date. (c) Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Initial Purchaser hereunder.

Delivery of the Units and Payment Therefor. (a) Delivery to the Initial Purchasers Purchaser of and payment for the Units shall be made at the office of Lathxx Xxxxxxxx & XatkxxxXxxxx, 005 Xxxxx 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx, xx at 9:00 A.M., New York City time, on January 20November 30, 1999 (the "CLOSING DATE"). The place of closing for the Units and the Closing Date may be varied by agreement between the Initial Purchasers Purchaser and the CompanyIssuers. (b) The Units will be delivered to the Initial Purchasers Purchaser against payment of the purchase price therefor in immediately available funds. The Units will be evidenced by one or more global securities in definitive form (the "GLOBAL UNIT") and/or by additional definitive securities, and will be registered, in the case of the Global Unit, 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 the Initial Purchasers Purchaser shall request prior to 9:30 A. M., New York City time, on the second business day preceding the Closing Date. The Units to be delivered to the Initial Purchasers Purchaser shall be made available to the Initial Purchasers Purchaser in New York City for inspection and packaging not later than 9:30 A.M., New York City time, on the business day next preceding the Closing Date. (c) Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of the Initial Purchaser hereunder.