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 each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Transferor, the principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto at the purchase price of 99.587% of the principal amount of such Certificates with respect to the Class A Certificates and 99.642% of the principal amount of such Certificates with respect to the Class B Certificates. Delivery of and payment for the Certificates will be made at the offices of Skadden, Arps, Slate, Meagxxx & Xlom XXX, 919 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx August 21, 1997 (the "Closing Date"), or at such other time thereafter or other place as you and the Transferor shall agree upon. Delivery of such Certificates shall be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwriters, through the Representative of the purchase price thereof by one or more wires of funds immediately available at Closing to an account designated by the Transferor. Delivery of the Certificates shall be made through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTC.

Appears in 1 contract

Samples: Underwriting Agreement (Proffitts 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 each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Transferor, the principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto at the purchase price of 99.58799.59% of the principal amount of such Certificates with respect to the Class A Certificates and 99.64299.52% of the principal amount of such Certificates with respect to the Class B Certificates. Delivery of and payment for the Certificates will be made at the offices of SkaddenXxxxxx & Bird LLP, Arps, Slate, Meagxxx & Xlom XXX, 919 Xxxxx 0000 X. Xxxxxxxxx Xxxxxx, Xxx XxxxXxxxxxx, Xxx Xxxx Xxxxxxx 00000-0000, xx August on May 21, 1997 1998 (the "Closing Date"), or at such other time thereafter or other place as you and the Transferor shall agree upon. Delivery of such Certificates shall be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwriters, through the Representative of the purchase price thereof by one or more wires of funds immediately available at Closing to an account designated by the Transferor. Delivery of the Certificates shall be made through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTC.

Appears in 1 contract

Samples: Underwriting Agreement (Proffitts Credit 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 each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Transferor, the principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto at the purchase price of 99.58799.70% of the principal amount of such Certificates with respect to the Class A Certificates and 99.64299.65% of the principal amount of such Certificates with respect to the Class B Certificates. Delivery of and payment for the Certificates will be made at the offices of SkaddenXxxxxx & Bird LLP, Arps, Slate, Meagxxx & Xlom XXX, 919 Xxxxx 0000 X. Xxxxxxxxx Xxxxxx, Xxx XxxxXxxxxxx, Xxx Xxxx 00000Xxxxxxx 00000- 3424, xx August on July 21, 1997 1999 (the "Closing Date"), or at such other time thereafter or other place as you the Representative and the Transferor shall agree upon. Delivery of such Certificates shall be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwriters, through the Representative of the purchase price thereof by one or more wires of funds immediately available at Closing to an account designated by the Transferor. Delivery of the Certificates shall be made through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTC.

Appears in 1 contract

Samples: Underwriting Agreement (Saks Credit Corp)

Purchase, Sale and Delivery of Certificates. (a) On the basis of the representations, warranties and agreements herein containedcontained in this Underwriting Agreement and in the Terms Agreement for a particular offering of Certificates, but subject to the terms and conditions herein set forthforth in this Underwriting Agreement and subject to the execution of such Terms Agreement, the Transferor agrees to sell to each Underwriter, severally and not jointly, and each Underwriter agreesUnderwriter, severally and not jointly, agrees to purchase from the Transferor, the respective original principal amounts of the related Certificates set forth in the related Terms Agreement opposite the name of such Underwriter, plus any additional original principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto which such Underwriter may be obligated to purchase pursuant to Section 12 hereof, at the purchase price of 99.587% therefor set forth in such Terms Agreement. (b) Against payment of the principal amount of such Certificates with respect purchase price specified in the applicable Terms Agreement in same day funds drawn to the Class A Certificates and 99.642% order of the principal amount Transferor (or paid by such other manner as may be agreed upon by the Transferor and the Representative), the Transferor will deliver the related Certificates of such Certificates with respect a Series to the Class B Certificates. Delivery of and payment for the Certificates will be made Underwriters at the offices of SkaddenXxxxx, ArpsXxxxx Xxxx & Maw, Slate, Meagxxx & Xlom XXX, 919 000 Xxxxx XxXxxxx Xxxxxx, Xxx XxxxXxxxxxx, Xxx Xxxx 00000, xx August 21, 1997 (the "Closing Date")Xxxxxxxx 00000 at such time as shall be specified in such Terms Agreement, or at such other place and time thereafter or other place as you the Representative and the Transferor shall agree upon. Delivery , each such time being herein referred to as a "Closing Date." The Certificates of such Certificates shall each Series will initially be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwritersin definitive, through the Representative of the purchase price thereof by one fully registered form or more wires of funds immediately available at Closing to an account designated by the Transferor. Delivery of the Certificates shall will be made maintained through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered Company, as indicated in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTCapplicable Prospectus Supplement.

Appears in 1 contract

Samples: Underwriting Agreement (CDF Financing LLC)

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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 each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Transferor, the principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto at the purchase price of 99.587_____% of the principal amount of such Certificates with respect to the Class A Certificates and 99.642_________% of the principal amount of such Certificates with respect to the Class B Certificates, plus, in each case, accrued interest, if any, from and including August __, 1997 through and including the day prior to the Closing Date. Delivery of and payment for the Certificates will be made at the offices of Skadden, Arps, Slate, Meagxxx & Xlom XXX, 919 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, xx August 21__, 1997 (the "Closing Date"), or at such other time thereafter or other place as you and the Transferor shall agree upon. Delivery of such Certificates shall be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwriters, through the Representative of the purchase price thereof by one or more wires of funds immediately available at Closing funds to an account designated by the Transferor. Delivery of the Certificates shall be made through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTC.

Appears in 1 contract

Samples: Underwriting Agreement (Proffitts Credit 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 each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Transferor, the principal amount of the Certificates set forth opposite each Underwriter's name in Schedule I hereto at the purchase price of 99.58799.70% of the principal amount of such Certificates with respect to the Class A Certificates and 99.64299.65% of the principal amount of such Certificates with respect to the Class B Certificates. Delivery of and payment for the Certificates will be made at the offices of SkaddenXxxxxx & Bird LLP, Arps, Slate, Meagxxx & Xlom XXX, 919 Xxxxx 0000 X. Xxxxxxxxx Xxxxxx, Xxx XxxxXxxxxxx, Xxx Xxxx 00000Xxxxxxx 00000- 3424, xx August 21on July 17, 1997 2001 (the "Closing Date"), or at such other time thereafter or other place as you the Representative and the Transferor shall agree upon. Delivery of such Certificates shall be made by the Transferor to the Representative for the respective accounts of the several Underwriters against payment by the several Underwriters, through the Representative of the purchase price thereof by one or more wires of funds immediately available at Closing to an account designated by the Transferor. Delivery of the Certificates shall be made through the facilities of The Depository Trust Company ("DTC"). The Certificates so to be delivered shall be global certificates registered in the name of Cede & Co., as nominee for DTC. The number and denomination of definitive certificates so delivered shall be specified by DTC.

Appears in 1 contract

Samples: Underwriting Agreement (Saks Credit Corp)

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