Common use of Payment for the Shares Clause in Contracts

Payment for the Shares. Payment of the purchase price for the Shares shall be made by the Investors by wire transfer in immediately available funds to a bank account designated by the Fund, upon delivery of the Shares through the facilities of The Depository Trust Company, to the Investors, and shall be registered in such name or names and shall be in such denominations, as the Investors may request at least one business day before the Closing Time.

Appears in 5 contracts

Samples: Placement Agency Agreement (Tortoise Energy Capital Corp), Placement Agency Agreement (Tortoise Energy Infrastructure Corp), Placement Agency Agreement (Tortoise Energy Infrastructure Corp)

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