Common use of Closing and Payment Clause in Contracts

Closing and Payment. The Securities to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representatives may request upon at least 48 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 Representatives shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor to the Company in funds specified on Schedule B hereto, all in the manner and at the place and time and date [with respect to each of the Firm Securities and the Optional Securities] specified on Schedule B hereto (or at such other place and time and date as the Representatives and the Company may agree upon in writing ([with respect to the Firm Securities, such place and time and date being referred to herein as ]the "[First] Closing Time" [and with respect to the Optional Securities, the "Second Closing Time"]). The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to [each of] the [relevant] Closing Time[s] with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). It is understood and agreed that each Closing Time under this Agreement shall occur simultaneously with each Closing Time under the International Underwriting Agreement.]

Appears in 1 contract

Sources: Underwriting Agreement (Xo Communications Inc)

Closing and Payment. The Securities Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representatives may request upon at least 48 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 Representatives shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor to the Company in funds specified on Schedule B hereto, all in the manner and at the place and time and date [with respect to each of the Firm Securities Shares and the Optional SecuritiesShares] specified on Schedule B hereto (or at such other place and time and date as the Representatives and the Company may agree upon in writing (writing) [with respect to the Firm SecuritiesShares, such place and time and date being referred to herein as ]as] (the "[First] Closing Time" ") [and with respect to the Optional SecuritiesShares, the "Second Closing Time"]). 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 [each of] the [relevant] Closing Time[s] with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). [It is understood and agreed that each Closing Time under this Agreement shall occur simultaneously with each Closing Time under the International U.S. Underwriting Agreement.]

Appears in 1 contract

Sources: Underwriting Agreement (Xo Communications Inc)

Closing and Payment. The Securities Shares to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representatives may request upon at least 48 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 Representatives shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor to the Company in funds specified on Schedule B hereto, all in the manner and at the place and time and date [with respect to each of the Firm Securities Shares and the Optional SecuritiesShares] specified on Schedule B hereto (or at such other place and time and date as the Representatives and the Company may agree upon in writing (writing) [with respect to the Firm SecuritiesShares, such place and time and date being referred to herein as ]as] (the "[First] Closing Time" ") [and with respect to the Optional SecuritiesShares, the "Second Closing Time"]). 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 [each of] the [relevant] Closing Time[s] with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). [It is understood and agreed that each Closing Time under this Agreement shall occur simultaneously with each Closing Time under the International Underwriting Agreement.]

Appears in 1 contract

Sources: Underwriting Agreement (Xo Communications Inc)

Closing and Payment. The Securities to be purchased by each Underwriter hereunder, in definitive form, and in such authorized denominations and registered in such names as the Representatives may request upon at least 48 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 Representatives shall otherwise instruct) for the account of such Underwriter, against payment by or on behalf of such Underwriter of the purchase price therefor to the Company in funds specified on Schedule B hereto, all in the manner and at the place and time and date [with respect to each of the Firm Securities and the Optional Securities] specified on Schedule B hereto (or at such other place and time and date as the Representatives and the Company may agree upon in writing ([with respect to the Firm Securities, such place and time and date being referred to herein as ]the "[First] Closing Time" [and with respect to the Optional Securities, the "Second Closing Time"]). The Company will cause the certificates representing the Securities to be made available for checking and packaging at least twenty-four hours prior to [each of] the [relevant] Closing Time[s] with respect thereto at the offices of DTC or its designated custodian (the "Designated Office"). It is understood and agreed that each Closing Time under this Agreement shall occur simultaneously with each Closing Time under the International U.S. Underwriting Agreement.]

Appears in 1 contract

Sources: Underwriting Agreement (Xo Communications Inc)