Common use of Funding Instructions Clause in Contracts

Funding Instructions. At least five Business Days prior to the date of the Closing, such Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (i) the name and address of the transferee bank, (ii) such transferee bank’s ABA number and (iii) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with Section 4.10 at least five Business Days prior to the date of such Closing and (iv) the name, telephone number and email address of a Responsible Officer of the Company responsible for verifying receipt of the funds. Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five Business Days prior to the date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming directing the information specified in Section 3 including manner of the payment of the purchase price for the Notes and setting forth (ia) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (iib) such transferee bank’s ABA number and number, (iiic) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with Section 4.10 at least five Business Days prior to the date of such Closing deposited and (ivd) the name, name and telephone number and email address of a Responsible Officer of the Company responsible for (i) verifying receipt of the fundsfunds and (ii) verifying the information set forth in the instructions. Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five Business Days prior to the date of the ClosingClosing Date, such Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming directing the information specified in Section 3 including manner of the payment of the purchase price for the Notes and setting forth (ia) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (iib) such transferee bank’s ABA number and number, (iiic) the account name and number into which the purchase price for the Notes to be purchased is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with Section 4.10 at least five Business Days prior to the date of such Closing deposited and (ivd) the name, name and telephone number and email address of a Responsible Officer of the Company responsible for (1) verifying receipt of the fundsfunds and (2) verifying the information set forth in the instructions. Each Purchaser has the right, but not the obligation, upon written notice (which may be by emaile-mail) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two Business Days prior to Closingthe Closing Date. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closingthe Closing Date. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five Business Days prior to the date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (i) the name and address of the transferee bank, (ii) such transferee bank’s ABA number and (iii) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section 4.10 at least five Business Days prior to the date of such the Closing and (iv) the name, telephone number and email e-mail address of a Responsible Officer of the Company responsible for verifying receipt of the funds. Each Purchaser has the right, but not the obligation, upon written notice (which may be by emaile-mail) to the Company, to elect to deliver a micro deposit (less than $€51.00) to the account identified in the written instructions no later than two 2 Business Days prior to the Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to the Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five Business Days prior to the date of the Closing, such Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (i) the name and address of the transferee bank, (ii) such transferee bank’s ABA number and (iii) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with Section 4.10 at least five Business Days prior to the date of such Closing and (iv) the name, telephone number and email address of a Responsible Officer of the Company responsible for verifying receipt of the funds. Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five Business Days prior to the date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming directing the information specified in Section 3 including manner of the payment of the purchase price for the Notes and setting forth (ia) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (iib) such transferee bank’s ABA number and number, (iiic) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with Section 4.10 at least five Business Days prior to the date of such Closing deposited and (ivd) the name, name and telephone number and email address of a Responsible Officer of the Company responsible for (i) verifying receipt of the fundsfunds and (ii) verifying the information set forth in the instructions. Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the ClosingSection 4.11.

Funding Instructions. At least five (5) Business Days prior to the date of the Closing, such each Purchaser shall have received written instructions (via e-mail) signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (ia) the name and address of the transferee bank, (iib) such transferee bank’s ABA number and number, (iiic) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section 4.10 at least five three (3) Business Days prior to the date of such the Closing and (ivd) the name, contact details (email and telephone number and email address number) of a Responsible Officer and an appropriate Person at the Company who can verify the account details. An identifiable Responsible Officer of the Company responsible for verifying receipt shall confirm the written instructions by either a live videoconference or conference call made available to the Purchasers no later than two (2) Business Days prior to the date of the fundsClosing (or such shorter period as may be agreed by each applicable Purchaser). Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to DB1/ 133878806.7 the account identified in the written instructions no later than two (2) Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.

Funding Instructions. At least five (5) Business Days prior to the date of the Closing, such each Purchaser shall have received written instructions (via e-mail) signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (ia) the name and address of the transferee bank, (iib) such transferee bank’s ABA number and number, (iiic) the account name and number into which the purchase price for the Notes is to be deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section 4.10 at least five three (3) Business Days prior to the date of such the Closing and (ivd) the name, contact details (email and telephone number and email address number) of a Responsible Officer and an appropriate Person at the Company who can verify the account details. An identifiable Responsible Officer of the Company responsible for verifying receipt shall confirm the written instructions by either a live videoconference or conference call made available to the Purchasers no later than two (2) Business Days prior to the date of the fundsClosing (or such shorter period as may be agreed by each applicable Purchaser). Each Purchaser has the right, but not the obligation, upon written notice (which may be by email) to the Company, to elect to deliver a micro deposit (less than $51.00) to the account identified in the written instructions no later than two (2) Business Days prior to Closing. If a Purchaser delivers a micro deposit, a Responsible Officer must verbally verify the receipt and amount of the micro deposit to such Purchaser on a telephone call initiated by such Purchaser prior to Closing. The Company shall not be obligated to return the amount of the micro deposit, nor will the amount of the micro deposit be netted against the Purchaser’s purchase price of the Notes. If requested by one or more Purchasers, an identifiable Responsible Officer of the Company shall confirm the written instructions by one live videoconference Madison Gas and Electric Company Note Purchase Agreement made available to the Purchasers no later than 2 Business Days prior to the date of the Closing.