Payment for the Bonds Clause Samples
Payment for the Bonds. Payment for the Bonds shall be made at the Closing Date by wire transfer of immediately available funds to the order of the Company. It is understood that the Representatives have been authorized, for their own accounts and for the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Bonds that the Underwriters have agreed to purchase. The Representatives may (but shall not be obligated to) make payment for any Bonds to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.
Payment for the Bonds. The Bonds have been issued under and are secured as provided in the Indenture, and the Bonds have the terms and be subject to redemption as set forth in the Indenture. Payment for the Bonds shall be made by wire transfer of immediately available funds to the Trustee for deposit in the Remarketing Proceeds Account established under the Indenture.
Payment for the Bonds. Against such delivery the Global Co-ordinator will pay or cause to be paid to the Issuer the net subscription moneys for the Bonds less the amounts specified in Clauses 5 and 6.1. Such payment shall be made in Euro same day settlement funds for value on the Closing Date to such Euro account as shall have been notified by the Issuer to the Global Co-ordinator not later than five days prior to the Closing Date, evidence of such payment taking the form of a confirmation from the paying bank that it has made such payment.