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Common use of Payment and Transfer Clause in Contracts

Payment and Transfer. Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. As used herein with respect to Securities, "transfer" is intended to have the same meaning as when used in Section 8-313 of the Massachusetts Uniform Commercial Code or, where applicable, in any federal regulation governing transfers of the Securities.

Appears in 14 contracts

Samples: Master Repurchase Agreement (Thermo Fibergen Inc), Master Repurchase Agreement (Thermo Bioanalysis Corp /De), Master Repurchase Agreement (Thermolase Corp)

Payment and Transfer. Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. As used herein with respect to Securities, "transfer" is intended to have 3PAGE the same meaning as when used in Section 8-313 of the Massachusetts Uniform Commercial Code or, where applicable, in any federal regulation governing transfers of the Securities.

Appears in 8 contracts

Samples: Master Repurchase Agreement (Thermo Vision Corp), Master Repurchase Agreement (Thermo Instrument Systems Inc), Master Repurchase Agreement (Thermo Sentron Inc)

Payment and Transfer. Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. As used herein with respect to Securities, "transfer" is intended to have the same meaning as when used in Section 8-313 of the Massachusetts Uniform Commercial Code or, where applicable, in any federal regulation governing transfers of the Securities.. 3PAGE

Appears in 1 contract

Samples: Master Repurchase Agreement (Randers Group Inc)