Common use of Funding Instructions Clause in Contracts

Funding Instructions. At least five Business Days prior to such Closing Date, such Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number, (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited and (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (2) Business Days prior to such Closing Date. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-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 such 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 such 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.

Funding Instructions. At least five Business Days prior to such the Closing Date, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth the wiring instructions specified in Section 3, including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number, number and (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date Bonds is to be deposited and deposited. At the written request (dwhich may be by email) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An any Purchaser, an identifiable Responsible Officer of the Company, or an employee of the Company under the supervision of a Responsible Officer, shall confirm the such written instructions by a live videoconference made available to the Purchasers no later than two (2) Business Days prior to such Closing Datethe Closing. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) to the Company, to elect to deliver a micro deposit (less than $51.0050.00) to the account identified in the such written instructions no later than two Business Days prior to such Closing Datethe Closing. If a Purchaser delivers a micro deposit, a Responsible Officer Officer, or an employee of the Company under the supervision of 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 such Closing Datethe 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 such Purchaser’s purchase price of the NotesBonds to be purchased by such Purchaser at the Closing as specified in the Purchaser Schedule.

Funding Instructions. At least five (5) Business Days prior to such the Closing Date, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth information specified in Section 3 including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number/Swift Code/IBAN, and (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section at least five (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to such the Closing Date. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) 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 such the 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 such the 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.

Funding Instructions. At least five (5) Business Days prior to such Closing Datethe date of each Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth information specified in Section 3 including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number/Swift Code/IBAN, and (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section at least five (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to the date of such Closing DateClosing. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) 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 date of such Closing DateClosing. 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 date of such Closing DateClosing. 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.. South Jersey Industries, Inc. Note Purchase Agreement

Funding Instructions. At least five (5) Business Days prior to such Closing Datethe date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth information specified in Section 3 including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number, number and (c) the account name and number into which the purchase price for the Notes to be purchased on such sold at the Closing Date is to be deposited which account shall be fully opened and able to receive micro deposits in accordance with this Section at least five (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to such Closing Datethe date of the Closing. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) to the Company, to elect to deliver a micro deposit (less than $51.0050.00) to the account identified in the written instructions no later than two (2) Business Days prior to such Closing Datethe 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 such Closing Datethe 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.

Funding Instructions. At least five Business Days prior to such Closing Datethe date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number, (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited and (d) the name and telephone number of a Responsible Officer of the Company responsible for (1i) verifying receipt of the funds and (2ii) verifying the information set forth in the instructions. An At the request of any Purchaser (which may be by email), an identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (2) three Business Days prior to such Closing Datethe date of the Closing. Each Purchaser also has the right, but not the obligation, upon written notice (which may be by e-mailemail) 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 such Closing DateClosing. 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 such Closing DateClosing. 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. Section 4.11.

Funding Instructions. At least five three Business Days prior to such Closing Datethe date of the Closing, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date bank and setting forth account information specified in Section 3, including (ai) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (bii) such transferee bank’s ABA number, number and (ciii) the account name and number into which the purchase price for the Series 2023 Notes to be purchased on such Closing Date 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 (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to the date of such Closing Dateand (iv) contact information of a representative at the transferee bank and a representative of the Company. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) to the Company, to elect to deliver a micro deposit (less than $51.0050.00) to the account identified in the written instructions no later than two (2) Business Days prior to such Closing DateClosing. 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 such Closing DateClosing. 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. At least two Business Days prior to the date of such Closing, if requested by a Purchaser, a Responsible Officer of the Company shall have confirmed the aforementioned written instructions in a live video conference call made available to the Purchasers.

Funding Instructions. At least five (5) Business Days prior to such Closing Date, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth information specified in Section 3 including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number/Swift Code/IBAN, and (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section at least five (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to such Closing Date. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) 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 such 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 such 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. Following the reasonable request of a Purchaser, an identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to such requesting Purchaser(s) no later than two (2) Business Days prior to Closing. Section 4.12.

Funding Instructions. At least five Business Days prior to such the Closing Date, such Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number, (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited and (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (2) Business Days prior to such the Closing Date. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-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 such the 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 such the 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.

Funding Instructions. At least five (5) Business Days prior to such Closing Date, such each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company directing confirming the manner of the payment of the purchase price for the Notes to be purchased on such Closing Date and setting forth information specified in Section 3 including (a) the name and address of the transferee bank and the name and telephone number of a contact person at such bank, (b) such transferee bank’s ABA number/Swift Code/IBAN, and (c) the account name and number into which the purchase price for the Notes to be purchased on such Closing Date is to be deposited deposited, which account shall be fully opened and able to receive micro deposits in accordance with this Section at least five (d) the name and telephone number of a Responsible Officer responsible for (1) verifying receipt of the funds and (2) verifying the information set forth in the instructions. An identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to the Purchasers no later than two (25) Business Days prior to such Closing Date. Each Purchaser has the right, but not the obligation, upon written notice (which may be by e-mailemail) 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 such 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 such 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. Following the reasonable request of a Purchaser, an identifiable Responsible Officer of the Company shall confirm the written instructions by a live videoconference made available to such requesting Purchaser(s) no later than two (2) Business Days prior to Closing.