Common use of Closing and Payment Clause in Contracts

Closing and Payment. (i) The Securities to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Underwriters, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available (same day) funds. The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be 10:00 a.m. on _______ _, 1997 or such other time and date as Salomon Brothers and the Company may agree upon in writing, such time and date for delivery of the Securities is herein "Closing Time". (ii) The documents to be delivered at the Closing Time by or on behalf of the parties hereto pursuant to Section 5 hereof, including the cross receipt for the Securities and any additional documents requested by the Underwriters pursuant to Section 5(k) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities will be delivered at the Designated Office, all at the Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available for

Closing and Payment. (i) The Securities to be purchased by each Underwriter Initial Purchaser hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Inc. may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the UnderwritersInitial Purchasers, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters Initial Purchasers shall otherwise instruct) for the account of such UnderwriterInitial Purchaser, against payment by or on behalf of such Underwriter Initial Purchaser of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available (same day) funds. The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be be, with respect to the Firm Securities, 10:00 a.m. on _______ _March 31, 1997 1998 (the "Closing Date"), or such other time and date as Salomon Brothers ▇▇▇▇▇ ▇▇▇▇▇▇ Inc. and the Company may agree upon in writing, and, with respect to the Optional Securities, 10:00 a.m. on the date specified by ▇▇▇▇▇ ▇▇▇▇▇▇ Inc. in the written notice given by ▇▇▇▇▇ ▇▇▇▇▇▇ Inc. of the Initial Purchaser's election to purchase such Optional Securities, or such other time and date as ▇▇▇▇▇ ▇▇▇▇▇▇ Inc. and the Company may agree upon in writing. Such time and date for delivery of the Firm Securities is herein called the "First Closing Time", such time and date for delivery of the Securities Optional Securities, if not the First Closing Time, is herein called the "Second Closing Time", and each such time and date for delivery is herein called a "Closing Time". (ii) The documents to be delivered at the each Closing Time by or on behalf of the parties hereto pursuant to Section 5 6 hereof, including the cross receipt for the Securities and any additional documents requested by the Underwriters Initial Purchasers pursuant to Section 5(k6(j) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities will be delivered at the Designated Office, all at the such Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available forfor review by the parties hereto. For the purposes of this Section 2, "New York Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.

Closing and Payment. (i) The Securities to be purchased by each Underwriter Initial Purchaser hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Salomon Brothers Inc may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the UnderwritersInitial Purchasers, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters Initial Purchasers shall otherwise instruct) for the account of such UnderwriterInitial Purchaser, against payment by or on behalf of such Underwriter Initial Purchaser of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available (same day) funds. The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be 10:00 a.m. on _______ _March 3, 1997 1998 (the "Closing Date"), or such other time and date as Salomon Brothers Inc and the Company may agree upon in writing, such time and date for delivery of the Securities is herein "Closing Time". (ii) The documents to be delivered at the Closing Time by or on behalf of the parties hereto pursuant to Section 5 6 hereof, including the cross receipt for the Securities and any additional documents requested by the Underwriters Initial Purchasers pursuant to Section 5(k6(j) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities will be delivered at the Designated Office, all at the Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available forfor review by the parties hereto. For the purposes of this Section 2, "New York Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.

Closing and Payment. (i) The Securities Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ may request upon at least forty-eight hours' prior notice to the Company and the Selling Stockholders shall be delivered by or on behalf of the Company and the Selling Stockholders to the Underwriters▇▇▇▇▇▇▇ ▇▇▇▇▇ Barney, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters Representatives shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company and the Custodian, as their interests may appear, in immediately available (same day) funds. The Company will cause the certificates representing the Securities Shares to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be be, with respect to the Firm Shares, 10:00 a.m. on _______ ___, 1997 1999 or such other time and date as Salomon Brothers ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, the Company and the Selling Stockholders may agree upon in writing, and, with respect to the Optional Shares, 10:00 a.m. on the date specified by ▇▇▇▇▇▇▇ ▇▇▇▇▇ Barney in the written notice given by ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ of the Underwriters' election to purchase such Optional Shares, or such other time and date as ▇▇▇▇▇▇▇ ▇▇▇▇▇ Barney and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Closing Time", such time and date for delivery of the Securities Optional Shares, if not the First Closing Time, is herein called the "Second Closing Time", and each such time and date for delivery is herein called a "Closing Time". (ii) The documents to be delivered at the each Closing Time by or on behalf of the parties hereto pursuant to Section 5 hereof, including the cross receipt for the Securities Shares and any additional documents requested by the Underwriters pursuant to Section 5(k5(m) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities Shares will be delivered at the Designated Office, all at the such Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the such Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available forfor review by the parties hereto. For the purposes of this Section 2 and Section 3(a)(iii) below, "New York Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.

Closing and Payment. (i) The Securities to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the Underwriters, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available (same day) funds. The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be be, with respect to the Firm Securities, 10:00 a.m. on _______ __, 1997 1999 or such other time and date as Salomon Brothers ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ and the Company may agree upon in writing, and, with respect to the Optional Securities, 10:00 a.m. on the date specified by ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ in the written notice given by ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ of the Underwriters' election to purchase such Optional Securities, or such other time and date as ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ and the Company may agree upon in writing. Such time and date for delivery of the Firm Securities is herein called the "First Closing Time", such time and date for delivery of the Securities Optional Securities, if not the First Closing Time, is herein called the "Second Closing Time", and each time and date for delivery is herein called a "Closing Time". (ii) The documents to be delivered at the Closing Time by or on behalf of the parties hereto pursuant to Section 5 hereof, including the cross receipt for the Securities and any additional documents requested by the Underwriters pursuant to Section 5(k) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities will be delivered at the Designated Office, all at the Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available forfor review by the parties hereto. For the purposes of this Section 2 and Section 3(a)(iii) below, "New York Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.

Closing and Payment. (i) The Securities to be purchased by each Underwriter Initial Purchaser hereunder, in definitive form, and in such authorized denominations and registered in such names as ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Salomon Brothers Inc may request upon at least forty-eight hours' prior notice to the Company shall be delivered by or on behalf of the Company to the UnderwritersInitial Purchasers, through the facilities of the Depository Trust Company ("DTC") (unless the Underwriters Initial Purchasers shall otherwise instruct) for the account of such UnderwriterInitial Purchaser, against payment by or on behalf of such Underwriter Initial Purchaser of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available (same day) funds. The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to the Closing Time (as defined below) with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). The time and date of such delivery and payment shall be 10:00 a.m. on _______ _April 1, 1997 1998 (the "Closing Date"), or such other time and date as Salomon Brothers Inc and the Company may agree upon in writing, such time and date for delivery of the Securities is herein "Closing Time". (ii) The documents to be delivered at the Closing Time by or on behalf of the parties hereto pursuant to Section 5 6 hereof, including the cross receipt for the Securities and any additional documents requested by the Underwriters Initial Purchasers pursuant to Section 5(k6(j) hereof, will be delivered at the offices of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Closing Location"), and the Securities will be delivered at the Designated Office, all at the Closing Time. A meeting will be held at the Closing Location at 2:00 p.m. on the New York Business Day next preceding the Closing Time, at which meeting the final drafts of the documents to be delivered pursuant to the preceding sentence will be available forfor review by the parties hereto. For the purposes of this Section 2, "New York Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close.