Free Deliveries; Advances Sample Clauses

Free Deliveries; Advances. Pledgor and Secured Party each covenant and agree that any transfer of Collateral in the form of a security or other investment property which it makes or directs to or from the Account, including any transfer in connection with a substitution of Collateral pursuant to Section 3 of this Article III, is and will be made free of payment (i.e. not against payment or other consideration). It is understood and agreed that Securities Intermediary shall not be required to comply with any Written Instructions otherwise permitted hereunder to purchase or to make payment on or against delivery of any such securities or other investment property which is not free of payment (whether or not as a regular pattern, Securities Intermediary makes funds available to Pledgor or Secured Party in anticipation of final payment) and Pledgor and Secured Party acknowledge and agree that any such transfer which is not free of payment may fail to settle. Notwithstanding the foregoing, Securities Intermediary may in its sole discretion, agree to facilitate the settlement of a delivery versus payment or receive versus payment transaction and in doing so, may extend credit, provided, however that it shall not have any obligation to do so or incur any liability for failing to do so.
Sample 1
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Related to Free Deliveries; Advances

  • Seller’s Deliveries At the Closing, Seller shall deliver to Buyer:

  • Buyer’s Deliveries At the Closing, Buyer shall deliver the following to Seller:

  • Closing Deliveries (a) On or prior to the Closing, the Company shall issue, deliver or cause to be delivered to each Purchaser the following (the “Company Deliverables”):

  • Deliveries at Closing At the Closing:

  • Required Acceptance of Daily Load Deliveries and Notification If the State is harmed by purchaser’s refusal to accept up to 10 truck deliveries of any one sort per day, Purchaser will be in breach of contract and subject to damages as per the D-026.2 and D-027.2 clauses. A truck delivery is all the wood delivered including sorts on super trucks, mule trains and pups brought to the delivery point by a single truck. The Purchaser shall notify the Contract Administrator at least 48 hours in advance if:

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Repayment of Advances If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 by the predecessor Servicer.

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Cash Advances An Finance Charge will be imposed on cash advances from the date made or from the first day of billing cycle in which the cash advance is posted to your account, whichever is later, and will continue to accrue until the date of payment.

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