Common use of Payment for Securities Clause in Contracts

Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on March 22, 2010 or at such other time on the same or such other date, not later than March 29, 2010, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, not later than April 12, 2010, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” Certificates for the Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Securities and Additional Securities shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, for the account of the several Initial Purchasers, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers duly paid, against payment of the Purchase Price therefor plus accrued interest, if any, to the date of payment and delivery.

Appears in 1 contract

Samples: Group 1 Automotive Inc

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Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on March 22September 19, 2010 2005, or at such other time on the same or such other date, not later than March 29September 26, 20102005, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, in any event not later than April October 12, 20102005, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” Certificates for the Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Securities and Additional Securities shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, for the account of the several Initial Purchasers, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers duly paid, against payment of the Purchase Price therefor plus accrued interest, if any, to the date of payment and delivery.

Appears in 1 contract

Samples: Purchase Agreement (Encore Capital Group Inc)

Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers Purchaser at 10:00 a.m., New York City time, on March 22February 14, 2010 or at such other time on the same or such other date, not later than March 29, 2010, as shall be designated in writing by you2006. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers Purchaser at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, in any event not later than April 12February 21, 20102006, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” Certificates for the Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Securities and Additional Securities shall be delivered to you the Initial Purchaser on the Closing Date or and the Option Closing Date, as the case may berespectively, for the account of the several Initial PurchasersPurchaser’s account, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers Purchaser duly paid, against payment of the Purchase Price therefor plus accrued interest, if any, to the date of payment and delivery.

Appears in 1 contract

Samples: Pier 1 Imports Inc/De

Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on March 22June 26, 2010 2006 or at such other time on the same or such other date, not later than March 29July 3, 20102006, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, not later than April 12July 11, 20102006, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” Certificates for the Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing Date, as the case may be. The certificates evidencing the Firm Securities and Additional Securities shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, for the account of the several Initial Purchasers, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers duly paid, against payment of the Purchase Price therefor plus accrued interest, if any, to the date of payment and delivery.

Appears in 1 contract

Samples: Purchase Agreement (Group 1 Automotive Inc)

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Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on March 22November 13, 2010 2006 or at such other time on the same or such other date, not later than March 29November 13, 20102006, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, not later than April 12December 7, 20102006, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” Certificates for the The Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing DateSecurities, as the case may be, to be purchased by each Initial Purchaser hereunder will be represented by one or more definitive global certificates in book-entry form which will be deposited by or on behalf of the Company with The Depository Trust Company (“DTC”) or its designated custodian. The certificates evidencing Company will deliver the Firm Securities and or the Additional Securities shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, to Xxxxxxxxx & Company, Inc., for the account of the several each Initial Purchasers, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers duly paidPurchaser, against payment by or on behalf of such Initial Purchaser of the Purchase Price purchase price therefor plus accrued interestby wire transfer to the account of the Company of same day funds, if anyby causing DTC to credit the Firm Securities or the Additional Securities, as the case may be, to the date account of payment and deliveryXxxxxxxxx & Company, Inc. at DTC.

Appears in 1 contract

Samples: Purchase Agreement (Hornbeck Offshore Services Inc /La)

Payment for Securities. Payment for the Firm Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Firm Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on March 22May 17, 2010 2007 or at such other time on the same or such other date, not later than March 29May 31, 20102007, as shall be designated agreed upon in writing by the Company and you. The time and date of such payment are hereinafter referred to as the “Closing Date"CLOSING DATE." Payment for any Additional Securities shall be made to the Company in Federal or other funds immediately available in New York City against delivery of such Additional Securities for the account of the several Initial Purchasers at 10:00 a.m., New York City time, on the date specified in the notice described in Section 1 or at such other time on the same or on such other date, not later than April 12June 16, 20102007, as shall be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Option Closing Date"OPTION CLOSING DATE.” Certificates for the " The Firm Securities and Additional Securities shall be in definitive form or global form, as specified by you, and registered in such names and in such denominations as you shall request in writing not later than one (1) full business day prior to the Closing Date or the Option Closing DateSecurities, as the case may be, to be purchased by each Initial Purchaser hereunder will be represented by one or more definitive global certificates in book-entry form which will be deposited by or on behalf of the Company with The Depository Trust Company ("DTC") or its designated custodian. The certificates evidencing Company will deliver the Firm Securities and or the Additional Securities shall be delivered to you on the Closing Date or the Option Closing Date, as the case may be, to Bear, Stearns & Co. Inc., for the account of the several each Initial PurchasersPurchaser, with any transfer taxes payable in connection with the transfer againxx xxxxent by or on behalf of such Initial Purchaser of the Securities purchase price therefor by wire transfer to the Initial Purchasers duly paid, against payment account of the Purchase Price therefor plus accrued interestCompany of same day funds, if anyby causing DTC to credit the Firm Securities or the Additional Securities, as the case may be, to the date account of payment and deliveryBear, Stearns & Co. Inc. at DTC.

Appears in 1 contract

Samples: L-1 Identity Solutions, Inc.

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