Payment for Class Sample Clauses

Payment for Class. C Shares purchased by you is to be made by certified or official bank check at the office of Merr▇▇▇ ▇▇▇c▇ ▇▇▇ds Distributor, Inc., P.O. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, ▇▇ such date as we may advise, in New York Clearing House funds payable to the order of Merr▇▇▇ ▇▇▇c▇ ▇▇▇ds Distributor, Inc., or by federal funds wire transfer, against delivery by us of non-negotiable share deposit receipts ("Receipts") issued by Merr▇▇▇ ▇▇▇c▇ ▇▇▇ancial Data Services, Inc., as shareholder servicing agent, acknowledging the deposit with it of the Class C Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class C Shares you will issue appropriate written transfer instructions to the Corporation or to the shareholder servicing agent as to the purchasers to whom you sold the Class C Shares.

Payment for Class. A Certificates shall be made to the Company or to its order by wire transfer of same day funds at the office of Skadden, Arps, Slate, Meag▇▇▇ & ▇lom ▇▇▇, 919 ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇ 9:00 A.M., New York City time, on November [], 1996 (the "Closing Date"), or at such other time on the same or such other date, not later than the fifth Business Day thereafter, as the Representatives and the Company may agree upon in writing. As used herein, the term "Business Day" means any day other than a day on which banks are permitted or required to be closed in New York City. Payment for the Class A Certificates shall be made against delivery to the Representatives for the respective accounts of the several Underwriters of the Class A Certificates registered in the name of Cede & Co. as nominee of The Depository Trust Company and in such denominations, as permitted by the Pooling and Servicing Agreement, as the Representatives shall request in writing not later than two full Business Days prior to the Closing Date, with any transfer taxes payable in connection with the transfer to the Underwriters of the Class A Certificates duly paid by the Company. The certificates for the Class A Certificates will be made available for inspection and packaging by the Representatives at the office of Skadden, Arps, Slate, Meag▇▇▇ & ▇lom ▇▇▇, 919 ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ later than 1:00 P.M., New York City time, on the Business Day prior to the Closing Date.

Payment for Class. B Nonvoting shares offered by ▇▇▇▇▇ family shareholders or their estates to other ▇▇▇▇▇ family shareholders or the Company, shall be in cash within sixty (60) days of the acceptance of such offer(s). However, the offering party may, at its sole discretion, arrange with the purchasing party, for an alternative method of payment.