Payment and Delivery Instructions. In some securities markets, securities deliveries and payments therefor may not be or are not customarily made simultaneously. Accordingly, the Client agrees that, notwithstanding the Client's instruction to deliver Securities against payment or to pay for Securities against delivery, the Custodian or a Subcustodian may make or accept payment for or delivery of Securities at such time and in such form and manner as shall be in accordance with relevant local law and practice or with the customs prevailing in the relevant market among securities dealers. The Client shall bear the risk that (i) the recipient of Securities may fail to make payment, return such Securities or hold such Securities or the proceeds of their sale in trust for the Client and (ii) the recipient of payment for Securities may fail to deliver the Securities (such failure to include, without limitation, delivery of forged or stolen Securities) or to return such payment, in each case whether such failure is total or partial or merely a failure to perform on a timely basis. Neither the Custodian nor any Subcustodian shall be liable to the Client for any loss resulting from any of the foregoing events.
Payment and Delivery Instructions. Client stipulates and acknowledges that in some securities markets, securities deliveries and payments may not be, or are not customarily, made simultaneously. Accordingly, Client agrees that, notwithstanding the giving of Authorized Instructions to deliver Securities against payment or to pay for
Payment and Delivery Instructions. 3 1.5 Tax Treatment of Transaction................................................................. 3
Payment and Delivery Instructions. In some securities markets, securities deliveries and payments therefor may not be, or are not customarily, made simultaneously. Accordingly, notwithstanding the Client’s Instruction to deliver Securities against payment or to pay for Securities against delivery, the Bank will process Securities deliveries and receipts on a delivery-versus-payment or receipt-versus-payment basis as appropriate to the extent that it is the established market practice to do so. In some Local Jurisdictions, it may be that, in accordance with the market practice, Securities deliveries are made free of payment and not against Cash payment. Accordingly, notwithstanding anything to the contrary in this Agreement, the Client will bear the risk that the recipient of Securities may fail to make payment or return such Securities or the proceeds of their sale to the Client, and that the recipient of payment for Securities may fail to deliver the Securities (such failure to include without limitation delivery of forged or stolen Securities) or to return such payment, in each case whether such failure is total or partial or merely a failure to perform on a timely basis. The Bank will not be liable to the Client for any Losses it suffers as a result of any of the foregoing events. Notwithstanding the Client’s Instruction to deliver securities against payment or to pay for Securities against delivery, the Bank may make or accept payment for, or delivery of, Securities at such time and in such form and manner as is in accordance with New York law and the customs of New York Securities market
Payment and Delivery Instructions. Schnall, for himself and the Schnall Trust, and Fierro, for himself xxx xxx Fierro Trust, shall exxx xxxvide written xxxxxuctions to the Acquirex xx xeast 48 hours prior to the Closing setting out delivery instructions for the delivery of the shares of Common Stock issuable pursuant to Section 1.2(a), Section 1.2(b), Section 1.2(c) and Section 1.2(d), respectively.
Payment and Delivery Instructions. Payment of the Purchase Price calculated pursuant to Item 2 above shall be made by wire transfer ONLY of immediately available funds. YOUR BENEFICIAL HOLDER SUBSCRIPTION FORM (WITH ACCOMPANYING IRS FORM W-9 OR APPROPRIATE IRS FORM W-8, AS APPLICABLE) MUST BE RECEIVED BY THE SUBSCRIPTION AGENT AND THE UNDERLYING PREPETITION NOTES MUST BE DELIVERED INTO ATOP BY THE SUBSCRIPTION EXPIRATION DEADLINE OR THE SUBSCRIPTION REPRESENTED BY YOUR BENEFICIAL HOLDER SUBSCRIPTION FORM WILL NOT BE RECOGNIZED, AND THE ASSOCIATED SUBSCRIPTION RIGHTS WILL BE DEEMED FOREVER RELINQUISHED AND WAIVED. IF YOU HOLD YOUR PREPETITION NOTES THROUGH A NOMINEE, PLEASE NOTE THAT, UNLESS OTHERWISE DIRECTED BY YOUR NOMINEE, THE BENEFICIAL HOLDER SUBSCRIPTION FORM (WITH ACCOMPANYING IRS FORM W-9 OR APPROPRIATE IRS FORM W-8, AS APPLICABLE) MUST BE RECEIVED BY YOUR NOMINEE IN SUFFICIENT TIME TO ALLOW SUCH NOMINEE TO PROCESS AND DELIVER YOUR UNDERLYING PREPETITION NOTES THROUGH ATOP TO THE SUBSCRIPTION AGENT BY THE SUBSCRIPTION EXPIRATION DEADLINE OR THE SUBSCRIPTION REPRESENTED BY YOUR BENEFICIAL HOLDER SUBSCRIPTION FORM WILL NOT BE RECOGNIZED, AND THE ASSOCIATED SUBSCRIPTION RIGHTS WILL BE DEEMED FOREVER RELINQUISHED AND WAIVED. NOTEHOLDERS WHO ARE NOT BACKSTOP PARTIES MUST DELIVER FULL PAYMENT OF THE PURCHASE PRICE SO AS TO BE RECEIVED BY THE SUBSCRIPTION AGENT BY THE SUBSCRIPTION EXPIRATION DEADLINE OR THE SUBSCRIPTION REPRESENTED BY SUCH NOTEHOLDER’S BENEFICIAL HOLDER SUBSCRIPTION FORM WILL NOT BE RECOGNIZED, AND THE ASSOCIATED SUBSCRIPTION RIGHTS WILL BE DEEMED FOREVER RELINQUISHED AND WAIVED. NOTEHOLDERS WHO ARE BACKSTOP PARTIES MUST DELIVER THE PURCHASE PRICE IN ACCORDANCE WITH THE INSTRUCTIONS IN THE FUNDING NOTICE. Nominees (or Noteholders that are instructed by their Nominees to return the Beneficial Holder Subscription Form directly to the Subscription Agent) must return the Beneficial Holder Subscription Form and the appropriate IRS tax form by no later than the Subscription Expiration Deadline to the following: Weatherford Rights Offering c/o Prime Clerk LLC One Grand Central Place 00 Xxxx 00xx Xxxxxx, Xxxxx 0000 Xxx Xxxx, XX 00000 Email: xxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx Only choose one method of return. If you choose to return the applicable documents via email, do not follow up with hard copies. For Noteholders other than Backstop Parties, payment of the Purchase Price calculated in Item 2 above shall be made by wire transfer ONLY in accordance with the following instruc...
Payment and Delivery Instructions. Please check one of the options listed below and provide any information corresponding to your selection.
Payment and Delivery Instructions. Client stipulates and acknowledges that in some securities markets, securities deliveries and payments may not be, or are not customarily, made simultaneously. Accordingly, Client agrees that, notwithstanding the giving of Authorized Instructions to deliver Securities against payment or to pay for 14 Securities against delivery, Custodian may make or accept payment for, or may deliver, Securities in such form, at such time and in such manner as shall be in accordance with the customs prevailing in the relevant market or among professional custodians engaged in the banking or trust company industry and having professional expertise in financial and securities processing transactions and custody services.
Payment and Delivery Instructions. Please deliver a cheque, money order or bank draft for the full amount of the subscription proceeds, payable to "AP Capital Mortgage Investment Corporation" together with the fully completed and executed forms to either of the addresses set forth below: AP Capital Mortgage Investment Corporation 1601 – 000 Xxxx Xxxxxx Xxxxxx Vancouver, BC V6B 1R8 Attention: Investor Relations TERMS AND CONDITIONS OF SUBSCRIPTION FOR CLASS "B" COMMON SHARES Terms of the Offering
Payment and Delivery Instructions. The Holder understands that delivery of a wire transfer representing the Holder’s portion of the Cash Consideration will be made at or promptly after the Closing and after the delivery of this Letter of Transmittal and any other necessary documents completed in acceptable form. The Holder understands that the amount of any wire transfer representing any portion of the Merger Consideration will be reduced by any applicable withholding taxes. No interest shall accrue on any cash payments to be delivered hereunder.
