Common use of Delivery of and Payment for the Units Clause in Contracts

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP beginning at 8:30 a.m., Houston, Texas time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Firm Units pursuant to the Full Fast Delivery Program of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option granted in Section 2 will expire thirty (30) days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. Such notice shall set forth the aggregate number of Option Units as to which the Option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc., when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option shall have been exercised nor later than the fifth business day after the date on which the Option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. and the Partnership) beginning at 8:30 a.m., Houston, Texas time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Option Units pursuant to the Full Fast Delivery Program of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Sunoco Logistics Partners Lp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP beginning Vinson & Elkins L.L.P. at 8:30 a.m._______ A.M., Houston, Texas time, on the fourth full business day following the date of this Agreement or at such _______, ▇▇▇3 o▇ ▇▇ ▇uch other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representative and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to the Representative for the account of each Underwriter in book entry form through Full Fast Delivery Program of the facilities of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representative. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representative, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a the "Second Delivery Date," and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representative and the Partnership) beginning at 8:30 a.m.9:00 A.M., Houston, Texas time, on such the Second Delivery Date. On such the Second Delivery DateD▇▇▇▇▇▇▇ ▇▇▇▇, the Partnership ▇▇▇ ▇artnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program of the DTC Representative for the account of each Underwriter in book entry form through the facilities of the DTC against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunderUnderwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Enterprise Products Operating L P)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP Ledgewood, P.C. beginning at 8:30 9:30 a.m., HoustonNew York, Texas New York time, on the fourth third full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriter and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to the Full Fast Delivery Program Underwriter for its own account in book entry form through the facilities of The the Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each the Underwriter hereunder. The Option granted in Section 2 will expire thirty (30) days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Underwriter. Such notice shall set forth the aggregate number of Option Units as to which the Option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Underwriter, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option shall have been exercised nor later than the fifth business day after the date on which the Option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriter and the Partnership) beginning at 8:30 9:30 a.m., HoustonNew York, Texas New York time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program Underwriter for its own account in book entry form through the facilities of the DTC for the account of each Underwriter Depository Trust Company against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each the Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Atlas Pipeline Partners Lp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇V▇▇▇▇▇ & E▇▇▇▇▇ LLP beginning L.L.P. at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Firm Units pursuant to the Full Fast Delivery Program of The Depository Trust Company ("DTC") for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representatives. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representatives, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "the “Second Delivery Date" ,” and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership) beginning at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Option Units pursuant to the Full Fast Delivery Program of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Penn Virginia Resource Partners L P)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ & ▇▇▇▇▇ LLP beginning L.L.P. at 8:30 a.m.9:00 A.M., Houston, Texas time, on the fourth full business day following the date of this Agreement August 11, 2003 or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriter and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to the Full Fast Delivery Program Underwriter in book entry form through the facilities of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each the Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Underwriter. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Underwriter, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a the "Second Delivery Date," and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriter and the Partnership) beginning at 8:30 a.m.9:00 A.M., Houston, Texas time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program Underwriter in book entry form through the facilities of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunderthe Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Valero L P)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP LLP, ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, beginning at 8:30 a.m., Houston, Texas time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representative and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue of the Firm Units pursuant shall be made to the Full Fast Delivery Program Representative for the account of The Depository Trust Company ("DTC") each Underwriter against payment by the several Underwriters through the Representative of the respective aggregate purchase price of the Firm Units being sold by the Partnership to or upon the order of the Partnership of the purchase price by wire transfer in immediately available fundsfunds to the accounts specified by the Partnership. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Partnership shall deliver the Firm Units through the facilities of The Depository Trust Company (“DTC”) unless the Representative shall otherwise instruct. The Option granted in Section 2 will expire thirty (30) days after the date of this Agreement and may be exercised in whole or in part from time to time in part by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representative; provided that if such date falls on a day that is not a business day, the option granted in Section 2 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of Option Units as to which the Option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representative, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option shall have been exercised nor later than the fifth business day after the date on which the Option shall have been exercised. The Each date and time the Option Units are delivered are is sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of the Option Units by the Partnership and payment for the Option Units by the several Underwriters through the Representative shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representative and the Partnership) beginning at 8:30 a.m., Houston, Texas time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue of the Option Units pursuant shall be made to the Full Fast Delivery Program of the DTC Representative for the account of each Underwriter against payment by the several Underwriters through the Representative of the respective aggregate purchase price of the Option Units being sold by the Partnership to or upon the order of the Partnership of the purchase price by wire transfer in immediately available fundsfunds to the accounts specified by the Partnership. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Partnership shall deliver the Option Units through the facilities of DTC unless the Representative shall otherwise instruct.

Appears in 1 contract

Sources: Underwriting Agreement (Sunoco Logistics Partners Lp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇ & ▇▇▇▇▇ LLP beginning L.L.P. at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on the fourth full business day following the date of this Agreement March 16, 2005 or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriters, the Selling Unitholder and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership and the Selling Unitholder shall deliver or cause its transfer agent to deposit as original issue be delivered certificates representing the Firm Units pursuant to the Full Fast Delivery Program Underwriters for the account of The Depository Trust Company ("DTC") the Underwriters against payment to or upon the order of the Partnership and the Selling Unitholder of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 3 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Underwriters. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued purchased and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Underwriters, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "the “Second Delivery Date" ,” and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 5 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriters and the Partnership) beginning at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered certificates representing the Option Units pursuant to the Full Fast Delivery Program of the DTC Underwriters for the account of each Underwriter the Underwriters against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Penn Virginia Resource Partners L P)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of A▇▇▇▇▇▇ ▇▇▇▇▇ LLP beginning LLP, 600 Travis, Suite 4200, Houston, Texas 77002 at 8:30 a.m.9:00 A.M., Houston, Texas time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. among the Representatives and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to the Full Fast Delivery Program Representatives for the account of each Underwriter in book entry form through the facilities of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available fundsfunds to the accounts specified by the Partnership. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representatives; provided that if such date falls on a day that is not a business day, the Option granted in Section 2 will expire on the next succeeding business day. Such notice shall set forth the aggregate number of Option Units as to which the Option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representatives, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option shall have been exercised nor later than the fifth business day after the date on which the Option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. among the Representatives and the Partnership) beginning at 8:30 a.m.9:00 A.M., Houston, Texas time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program of the DTC Representatives for the account of each Underwriter in book entry form through the facilities of DTC against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available fundsfunds to the account specified by the Partnership. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Williams Partners L.P.)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices office of ▇▇▇▇▇▇ & ▇▇▇▇▇ LLP beginning L.L.P. at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Firm Units pursuant to the Full Fast Delivery Program of The Depository Trust Company ("DTC") for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representatives. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representatives, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a the "Second Delivery Date," and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership) beginning at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Option Units pursuant to the Full Fast Delivery Program of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Penn Virginia Resource Partners L P)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇ & ▇▇▇▇▇ LLP beginning L.L.P. at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Firm Units pursuant to the Full Fast Delivery Program of The Depository Trust Company ("DTC") for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representatives. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representatives, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a the "Second Delivery Date," and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership) beginning at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Option Units pursuant to the Full Fast Delivery Program of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Penn Virginia Corp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇ & ▇▇▇▇▇ LLP beginning at 8:30 a.m.L.L.P., Houston, Texas Texas, at 10:00 A.M., Houston time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriters and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Firm Units pursuant to the Full Fast Delivery Program of The Depository Trust Company ("DTC") for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Underwriters. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Underwriters, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Underwriters and the Partnership) beginning at 8:30 a.m.10:00 A.M., Houston, Texas New York City time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall cause its transfer agent to deposit as original issue the Option Units pursuant to the Full Fast Delivery Program of the DTC for the account of each Underwriter against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Stonemor Partners Lp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP Ledgewood, P.C. beginning at 8:30 9:30 a.m., HoustonNew York, Texas New York time, on the fourth full business day following the date of this Agreement or at such other date or place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to the Full Fast Delivery Program Representatives for the account of each of the Underwriters in book entry form through the facilities of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option granted in Section 2 will expire thirty (30) days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by ▇▇▇▇▇▇ Brothers Inc. the Representatives. Such notice shall set forth the aggregate number of Option Units as to which the Option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by ▇▇▇▇▇▇ Brothers Inc.the Representatives, when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option shall have been exercised nor later than the fifth business day after the date on which the Option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "Second Delivery Date" and the First Delivery Date and any Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇▇▇▇▇▇ Brothers Inc. the Representatives and the Partnership) beginning at 8:30 9:30 a.m., HoustonNew York, Texas New York time, on such Second Delivery Date. On such Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program of the DTC Representatives for the account of each Underwriter in book entry form through the facilities of The Depository Trust Company against payment to or upon the order of the Partnership of the purchase price by wire transfer in immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Atlas Pipeline Partners Lp)

Delivery of and Payment for the Units. Delivery of and payment for the Firm Units shall be made at the offices of ▇▇V▇▇▇▇▇ & E▇▇▇▇▇ LLP beginning L.L.P. in Houston, Texas at 8:30 9:00 a.m., Houston, Texas time, on the fourth full business day following the date of this Agreement June 30, 2004 or at such other date or place as shall be determined by agreement between ▇among Citigroup Global Markets Inc., L▇▇▇▇▇ Brothers Inc. and the Partnership. This date and time are sometimes referred to as the "First Delivery Date." On the First Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Firm Units pursuant to Citigroup Global Markets Inc. and L▇▇▇▇▇ Brothers Inc. for the Full Fast Delivery Program account of each Underwriter in book entry form through the facilities of The Depository Trust Company ("DTC") against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder. The Option option granted in Section 2 will expire thirty (30) 30 days after the date of this Agreement and may be exercised in whole or in part from time to time by written notice being given to the Partnership by Citigroup Global Markets Inc. and L▇▇▇▇▇ Brothers Inc. Such notice shall set forth the aggregate number of Option Units as to which the Option option is being exercised, the names in which the Option Units are to be registered, the denominations in which the Option Units are to be issued and the date and time, as determined by Citigroup Global Markets Inc. and L▇▇▇▇▇ Brothers Inc., when the Option Units are to be delivered; provided, however, that this date and time shall not be earlier than the First Delivery Date nor earlier than the second business day after the date on which the Option option shall have been exercised nor later than the fifth business day after the date on which the Option option shall have been exercised. The date and time the Option Units are delivered are sometimes referred to as a "the “Second Delivery Date" ,” and the First Delivery Date and any the Second Delivery Date are sometimes each referred to as a "Delivery Date." Delivery of and payment for the Option Units shall be made at the place specified in the first sentence of the first paragraph of this Section 4 (or at such other place as shall be determined by agreement between ▇among Citigroup Global Markets Inc., L▇▇▇▇▇ Brothers Inc. and the Partnership) beginning at 8:30 9:00 a.m., Houston, Texas time, on such the Second Delivery Date. On such the Second Delivery Date, the Partnership shall deliver or cause its transfer agent to deposit as original issue be delivered the Option Units pursuant to the Full Fast Delivery Program of the DTC Citigroup Global Markets Inc. and L▇▇▇▇▇ Brothers Inc. for the account of each Underwriter in book entry form through the facilities of the DTC against payment to or upon the order of the Partnership of the purchase price by wire transfer in of immediately available funds. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligation of each Underwriter hereunder.

Appears in 1 contract

Sources: Underwriting Agreement (Energy Transfer Partners Lp)