Mechanics of Sales Sample Clauses

Mechanics of Sales. (a) The Borrower shall give notice to RIHT of its desire to purchase or receive deliveries of Precious Metal on a deferred payment basis. Upon receiving such request, RIHT shall quote payment terms to the Borrower for the requested amount and type of Precious Metal. If the Borrower agrees to pay on RIHT's payment terms, RIHT will then send via telecopier a written confirmation of the sale to the Borrower which written confirmation (the "Confirmation Order") will include the following items: (i) the quantity and fineness of the Precious Metal sold; (ii) the payment terms for the Precious Metal sold; (iii) the amount of any applicable premiums (which shall be established for each order by RIHT in its sole discretion), delivery charges, shipping insurance charges or other related items applicable to such order of Precious Metals; and (iv) the manner of payment. In each case, Deferred Payment Sale Interest will accrue on a daily basis and will be payable within 10 days after RIHT sends to the Borrower its monthly invoice. (b) Following a request by the Borrower for the delivery of a specified quantity of Precious Metals, the agreement of RIHT to deliver such Precious Metals, and the agreement of the Borrower and RIHT on pricing and other terms for such delivery, the Borrower shall be obligated to pay the Purchase Price on each Deferred Payment Date with respect to such Precious Metals.
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Mechanics of Sales. The Rights of First Refusal of each Preferred Holder shall expire as to particular New Securities if such Preferred Holder shall not have delivered a New Securities Exercise Notice or Remaining Shares Exercise Notice, respectively, to the Company within the thirty (30) day period provided in Section 6(d) or the ten (10) day period provided in Section 6(e), respectively. In the event that Preferred Holders fail to agree to purchase all of a proposed issue of New Securities within the periods provided above, the Corporation may sell, or enter into a binding agreement to sell, any New Securities that the Preferred Holders have not agreed to purchase at a price and upon general terms no more favorable to the purchasers than those specified in the Notice of Intent with regard to such New Securities, at any time during (and only during) the 180 days following the expiration of the thirty (30) day period provided in Section 6(d) above or, if a Remaining Shares Notice was required as to such New Securities, the ten (10) day period provided in Section 6(e) above (provided, in the case of a binding agreement to sell, that the sale pursuant to such agreement is closed within ninety (90) days after the execution of such agreement). If not all of a proposed issue of New Securities is committed to be purchased, by Preferred Holders or others, within such 180-day period, the Company shall not be bound to sell any of such New Securities. The sale of any New Securities to Preferred Holders shall be closed at the same place as and simultaneously with the sale of such New Securities to any other purchasers or, if Preferred Holders are purchasing the entire issue of New Securities, at the principal office of the Company 45 days after Preferred Holders have agreed to buy all of such New Securities, or such other place or date as the parties to such transaction may mutually agree.
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Mechanics of Sales 
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Related to Mechanics of Sales

  • Bills of Sale Bills of sale to Buyer and/or its designated Lessee, conveying title to the tangible Personal Property (other than the alcoholic beverage inventories, which, at Buyer’s election, shall be transferred by Seller to the Manager as holder of the Liquor Licenses required for operation of the Hotel).

  • Bxxx of Sale The Bxxx of Sale covering the Personal Property, in the form attached hereto as Exhibit D.

  • Xxxx of Sale The Xxxx of Sale, duly executed by Purchaser; and

  • Bill of Sale This Bill of Sale is made and entered into as of this day of [ ], 2023 (the "Effective Date") by and between THE BOARD OF TRUSTEES, WESTERN NORTH CAROLINA CONFERENCE, UNITED METHODIST CHURCH, INC., a North Carolina non-profit corporation (the "Seller") and [ ], a North Carolina [ ] (the "Buyer”).

  • Additional Requirements for Sleeping Rooms The Contractor shall provide departing Attendees a secured area for storing belongings.

  • Payroll Records Contractors and Subcontractors must keep original payrolls or transcripts subscribed and affirmed as true under the penalties of perjury as required by law. For public works contracts over $25,000 where the Contractor maintains no regular place of business in New York State, such records must be kept at the work site. For building services contracts, such records must be kept at the work site while work is being performed.

  • Terms of Sale The Purchase Price for all Partnership Interests purchased pursuant to Section 8.5 or Section 8.6 shall be paid at the Closing in immediately available United States funds; provided, however: (a) If the purchaser is the Partnership, the Partnership, at its election and after consultation with counsel, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows: (i) to the extent that the Partnership elects to pay the Purchase Price in Class A Shares, the Partnership shall deliver to the Selling Partner or Former Partner such number of Class A Shares as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares, divided by (B) the Applicable Class A Closing Price Average; provided, however, that if the Partnership owns Class A Shares of more than one Company, the Partnership must deliver Class A Shares of each such Company in the same proportion as the Partnership’s ownership of Class A Shares of such Companies prior to such purchase; and (ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares. (b) If the purchaser is a Partner, such Partner, at its election, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows: (i) to the extent that the Partner elects to pay the Purchase Price in Class A Shares of a Company, such Partner shall deliver to the Selling Partner or Former Partner such number of Class A Shares of that Company as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares of that Company, divided by (B) the Applicable Class A Closing Price Average (and the Partner may pay with Class A Shares of more than one Company in which event this calculation shall be made with respect to the Class A Shares of each Company whose Class A Shares are being used for payment); and (ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Proceeds of Sale The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows: (a) First, to the payment of all costs, reasonable expenses and charges of the Pledgee and to the reimbursement of the Pledgee for the prior payment of such costs, reasonable expenses and charges incurred in connection with the care and safekeeping of the Collateral (including, without limitation, the reasonable expenses of any sale or any other disposition of any of the Collateral), the expenses of any taking, attorneys' fees and reasonable expenses, court costs, any other fees or expenses incurred or expenditures or advances made by Pledgee in the protection, enforcement or exercise of its rights, powers or remedies hereunder; (b) Second, to the payment of the Indebtedness, in whole or in part, in such order as the Pledgee may elect, whether or not such Indebtedness is then due; (c) Third, to such persons, firms, corporations or other entities as required by applicable law including, without limitation, Section 9-504(1)(c) of the UCC; and (d) Fourth, to the extent of any surplus to the Pledgors or as a court of competent jurisdiction may direct. In the event that the proceeds of any collection, recovery, receipt, appropriation, realization or sale are insufficient to satisfy the Indebtedness, each Pledgor shall be jointly and severally liable for the deficiency plus the costs and fees of any attorneys employed by Pledgee to collect such deficiency.

  • Sub-Contractors Transfer Agent may, without further consent on the part of Customer, subcontract with other subcontractors for telephone and mailing services as may be required from time to time; provided, however, that the Transfer Agent shall be as fully responsible to the Customer for the acts and omissions of any subcontractor as it is for its own acts and omissions.

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