Common use of Purchase, Sale and Delivery of Certificates Clause in Contracts

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, at a purchase price of 99.60729% of the principal amount thereof, the respective principal amounts of Certificates set forth opposite the names of the Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Certificates in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATES") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Brothers by the Transferor or the Company at 10:00 a.m. (New York time), on August 12, 1998, or at such other time not later than seven full business days thereafter as Salomon Brothers and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx Xxxxxx, Xxx York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Dayton Hudson Receivables Corp)

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Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, at a purchase price of 99.60729__________% of the principal amount thereof, the respective principal amounts of Certificates set forth opposite the names of the Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Certificates in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATESGlobal Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Brothers the [Lead Underwriter] by the Transferor or the Company at 10:00 a.m. (New York time), on August 12__________, 19982000, or at such other time not later than seven full business days thereafter as Salomon Brothers the [Lead Underwriter] and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACTExchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx XxxxxxFour Times Square, Xxx New York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Target Receivables Corp)

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, at a purchase price of 99.6072999.725% of the principal amount thereof, the respective principal amounts of Certificates set forth opposite the names of the Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Certificates in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATESGlobal Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Brothers the Lead Underwriter by the Transferor or the Company at 10:00 a.m. (New York time), on August 12July 2, 19982002, or at such other time not later than seven full business days thereafter as Salomon Brothers the Lead Underwriter and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACTExchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx XxxxxxFour Times Square, Xxx New York, New York, at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Target Receivables Corp)

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, Transferor (i) at a purchase price of 99.6072999.80% of the principal amount thereofof the Class A Certificates, the respective principal amounts of Certificates Class A Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto and (ii) at a purchase price of 99.75% of the principal amount of the Class B Certificates, the principal amounts of Class B Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Class A Certificates and Class B Certificates, each in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATESGlobal Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Brothers Credit Suisse First Boston by the Transferor or the Company at 10:00 a.m. (New York time), on August 12September 21, 19981999, or at such other time not later than seven full business days thereafter as Salomon Brothers the Representatives and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Class A Certificates and Class B Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended 1934 (the "EXCHANGE ACTExchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices office of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx Xxxxxx, Xxx York, New York, LLP at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Wachovia Credit Card Master Trust)

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Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, at a purchase price of 99.6072999.48553% of the principal amount thereof, the respective principal amounts of Certificates set forth opposite the names of the Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Certificates in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATESGlobal Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Brothers by the Transferor or the Company at 10:00 a.m. (New York time), on August 12October 15, 19981997, or at such other time not later than seven full business days thereafter as Salomon Brothers and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACTExchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx Xxxxxx, Xxx YorkXxxx, New YorkXxx Xxxx, at xx least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Dayton Hudson Receivables Corp)

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Transferor, Transferor at a purchase price of 99.6072999.725% of the principal amount thereofof the Certificates, the respective principal amounts of Certificates Certificates, set forth opposite the names of the applicable Underwriters in Schedule A hereto. The Transferor will deliver against payment of the purchase price the Certificates Certificates, each in the form of one or more permanent global securities in definitive form (the "GLOBAL CERTIFICATESGlobal Certificates") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global securities will be held only in book-entry form through DTC, except in the limited circumstances described in the Prospectus. Payment for the Certificates shall be made by the Underwriters in Federal (same day) funds by wire transfer to an account previously designated to Salomon Xxxxxx Brothers by the Transferor or the Company at 10:00 a.m. (New York time), on August 121, 19982000, or at such other time not later than seven full business days thereafter as Salomon Brothers the Representatives and the Transferor determine, such time being herein referred to as the "Closing Date," against delivery to the Trustee as custodian for DTC of the Global Certificates representing all of the Certificates. For purposes of Rule 15c6-1 under the Securities Exchange Act of 1934, as amended 1934 (the "EXCHANGE ACTExchange Act"), the Closing Date (if later than the otherwise applicable settlement date) shall be the settlement date for payment of funds and delivery of the Certificates. The Global Certificates will be made available for checking at the above offices office of Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, 000 Xxxxx Xxxxxx, Xxx York, New York, LLP at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (First National Bank of Atlanta)

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