Common use of Payment and Delivery of Securities Clause in Contracts

Payment and Delivery of Securities. Payment of the purchase price for, and delivery of certificates for, the Initial Securities shall be made at the offices of Pillsbury Winthrop LLP, New York, New York, or at such other place as shall be agreed upon by the Underwriters and the Company, at 9:00 a.m. (New York City time) on the fourth business day after the date hereof, or such other time not later than ten business days after such date as shall be agreed upon by the Underwriters and the Company (such time and date of payment and delivery being herein called the Closing Date). In addition, in the event that any or all of the Option Securities are purchased by the Underwriters, payment of the purchase price for, and delivery of certificates for, such Option Securities shall be made at the above-mentioned offices, or at such other place as shall be agreed upon by the Underwriters and the Company, on each Date of Delivery as specified in the written notice from the Underwriters to the Company. Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, against delivery to X.X. Xxxxxx Securities Inc. Incorporated for the respective accounts of the Underwriters of certificates for the Securities to be purchased by them in book-entry form through the facilities of The Depository Trust Company (DTC). It is understood that each Underwriter has authorized X.X. Xxxxxx Securities Inc. to execute this Agreement on its behalf, to the extent applicable, and, for its account, to accept delivery of, receipt for, and make payment of the purchase price for, the Initial Securities and the Option Securities, if any, which it has agreed to purchase. X.X. Xxxxxx Securities Inc., individually and not as representative of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Initial Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or any Date of Delivery, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Securities to be purchased by each Underwriter hereunder will be represented by one or more definitive global Securities in book-entry form, which will be deposited by or on behalf of the Company with DTC or its designated custodian. The certificates for the Initial Securities and the Option Securities, if any, will be made available for examination and packaging by the Underwriters in New York City not later than 10:00 a.m. (New York City time) on the business day prior to the Closing Date or any Date of Delivery, as the case may be.

Payment and Delivery of Securities. Payment of the purchase price for, and delivery of certificates for, for the Initial Securities shall to be made at the offices of Pillsbury Winthrop LLP, New York, New York, or at such other place as shall be agreed upon sold by the Underwriters and the Company, at 9:00 a.m. (New York City time) on the fourth business day after the date hereof, or such other time not later than ten business days after such date as shall be agreed upon by the Underwriters and the Company (such time and date of payment and delivery being herein called the Closing Date). In addition, in the event that any or all of the Option Securities are purchased by the Underwriters, payment of the purchase price for, and delivery of certificates for, such Option Securities shall be made at the above-mentioned offices, or at such other place as shall be agreed upon by the Underwriters and the Company, on each Date of Delivery as specified in the written notice from the Underwriters to the Company. Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, Company against delivery to X.X. Xxxxxx of such Initial Securities Inc. Incorporated for the respective accounts of the Underwriters several Underwriters. Payment of certificates the purchase price for, and delivery of, the Initial Securities shall be made at the offices of Sidley Austin LLP, 700 0xx Xxxxxx, Xxx Xxxx, Xxx Xxxx, 00000, or at such other place as shall be agreed upon by the Representatives and the Company, at 10:00 a.m., Eastern time, on January 12, 2021, or at such other time on the same or such other date, not later than January 12, 2021, as shall be designated in writing by the Representatives. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Option Securities shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company against delivery of such Option Securities for the Securities to respective accounts of the several Underwriters at 10:00 a.m., Eastern time, on the date specified in the corresponding notice described in this Section 2 or at such other time on the same or on such other date, in any event not later than January 20, 2021, as shall be purchased designated in writing by them in book-entry form through the facilities of The Depository Trust Company (DTC)Representatives. It is understood that each Underwriter has authorized X.X. Xxxxxx Securities Inc. to execute this Agreement on its behalf, to the extent applicable, andRepresentatives, for its account, to accept delivery of, of and receipt for, for and to make payment of the purchase price for, for the Initial Securities and the Option Securities, if any, which it has agreed to purchase. X.X. Xxxxxx Securities Inc.The Representatives, individually and not as a representative of the Underwriters, may (may, but shall not be obligated to) , make payment of the purchase price for the Initial Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or any Date of Deliverythe applicable Option Closing Date, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Securities to be purchased by each Underwriter hereunder will be represented by one or more definitive global Securities in book-entry form, which will be deposited by or on behalf of the Company with DTC or its designated custodian. The certificates for the Initial Securities and the Option Securities, if any, will be made available for examination and packaging by the Underwriters in New York City not later than 10:00 a.m. (New York City time) on the business day prior to the Closing Date or any Date of Delivery, as the case may be.

Payment and Delivery of Securities. Payment of the purchase price for, and delivery of certificates for, the Initial Securities shall be made at the offices of Pillsbury Winthrop Thelen Reid & Priest LLP, New York, New York, or at such other place as shall be xx xxxxx xx agreed upon by the Underwriters and the Company, at 9:00 a.m. (New York City time) on the fourth third business day after the date hereof, or such other time not later than ten business days after such date as shall be agreed upon by the Underwriters and the Company (such time and date of payment and delivery being herein called the Closing DateCLOSING DATE). In addition, in the event that any or all of the Option Securities are purchased by the Underwriters, payment of the purchase price for, and delivery of certificates for, such Option Securities shall be made at the above-mentioned offices, or at such other place as shall be agreed upon by the Underwriters and the Company, on each Date of Delivery as specified in the written notice from the Underwriters to the Company. Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, against delivery to X.X. Xxxxxx Securities Inc. Incorporated Goldman, Sachs & Co. for the respective accounts of the Underwriters of certificates xx xxxxificates for the Securities to be purchased by them in book-entry form through the facilities of The Depository Trust Company (DTC). It is understood that each Underwriter has authorized X.X. Xxxxxx Securities Inc. Goldman, Sachs & Co. to execute this Agreement on its behalf, to the extent applicable, behalf and, for its accountxxx xxcoxxx, to accept delivery of, receipt for, and make payment of the purchase price for, the Initial Securities and the Option Securities, if any, which it has agreed to purchase. X.X. Xxxxxx Securities Inc.Goldman, Sachs & Co., individually and not as representative of the UnderwritersUxxxxxxxters, may (but shall not be obligated to) make payment of the purchase price for the Initial Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or any Date of Delivery, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Securities to be purchased by each Underwriter hereunder will be represented by one or more definitive global Securities in book-entry form, which will be deposited by or on behalf of the Company with DTC or its designated custodian. The certificates for the Initial Securities and the Option Securities, if any, will be made available for examination and packaging by the Underwriters in New York City not later than 10:00 a.m. (New York City time) on the business day prior to the Closing Date or any Date of Delivery, as the case may be.

Payment and Delivery of Securities. Payment of the purchase price for, and delivery of certificates for, the Initial Securities shall be made at the offices of Pillsbury Winthrop LLPLLP (UNDERWRITERS' COUNSEL), New YorkXxx Xxxxxxx Xxxx Xxxxx, New YorkXxx Xxxx, Xxx Xxxx 00000, or at such other place as shall be agreed upon by the Underwriters and the Company, at 9:00 a.m. (New York City time) on the fourth third (fourth, if the pricing occurs after 4:30 p.m. (New York City time) on any given day) business day after the date hereof, or such other time not later than ten business days after such date as shall be agreed upon by the Underwriters and the Company (such time and date of payment and delivery being herein called the Closing DateCLOSING DATE). In addition, in the event that any or all of the Option Securities are purchased by the Underwriters, payment of the purchase price for, and delivery of certificates for, such Option Securities shall be made at the above-mentioned offices, or at such other place as shall be agreed upon by the Underwriters and the Company, on each Date of Delivery as specified in the written notice from the Underwriters to the Company. Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, against delivery to X.X. Xxxxxx Securities Inc. Incorporated ______________ for the respective accounts of the Underwriters of certificates for the Securities to be purchased by them in book-entry form through the facilities of The Depository Trust Company (DTC)them. It is understood that each Underwriter has authorized X.X. Xxxxxx Securities Inc. ____________ to execute this Agreement on its behalf, to the extent applicable, behalf and, for its account, to accept delivery of, receipt for, and make payment of the purchase price for, the Initial Securities and the Option Securities, if any, which it has agreed to purchase. X.X. Xxxxxx Securities Inc._______________, individually and not as representative of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Initial Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Date or any Date of Delivery, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder. The Certificates for the Initial Securities to and the Option Securities, if any, shall be purchased by each Underwriter hereunder will be represented by in such denominations and registered in such names as the Underwriters may request in writing at least one full business day before the Closing Date or more definitive global Securities in book-entry formany Date of Delivery, which will be deposited by or on behalf of as the Company with DTC or its designated custodiancase may be. The certificates for the Initial Securities and the Option Securities, if any, will be made available for examination and packaging by the Underwriters in New York City not later than 10:00 a.m. (New York City time) on the business day prior to the Closing Date or any Date of Delivery, as the case may be.