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

Delivery of and Payment for the Units. (a) Delivery of and payment for the Units shall be made at the offices of Wachtell, Lipton, Rose▇ & ▇atz, ▇▇w York, New York, or at such other place as shall be agreed upon by the Purchasers and the Company, at 3:30 p.m., New York City time, on November 12, 1999, or at such other time or date, not later than seven full business days thereafter, as shall be agreed upon by the Purchasers, Holdings and the Company (such date and time of payment and delivery being referred to herein as the "Closing Date"). On the Closing Date, Holdings and the Company will deliver to the Purchasers certificates evidencing an aggregate of 144,552 Units consisting of $144,552,000 aggregate principal amount at maturity of the Notes duly executed and authenticated by the Company and 144,552 Warrants duly executed by Holdings and registered in the names of the Purchasers and in the amounts set forth on Schedule 1 (and in such denominations requested by each such Purchaser not later than two business days prior to the Closing Date). (b) On the Closing Date, payment of the purchase price for the Units shall be made to the Company by wire or book-entry transfer of same-day funds to such account or accounts as Holdings and the Company shall specify prior to the Closing Date or by such other means as the parties hereto shall agree prior to the Closing Date against delivery to the Purchasers of the certificates evidencing the Units. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligations of the Purchasers hereunder. On the Closing Date, the Company shall deliver to each Purchaser, against payment of the purchase price therefor,

Delivery of and Payment for the Units. (a) Delivery of and payment ------------------------------------- for the Units shall be made at the offices of Wachtell, Lipton, Rose▇▇▇▇▇▇▇▇ & ▇atz, ▇▇w ▇▇, New York, New York, or at such other place as shall be agreed upon by the Initial Purchasers and the CompanyIssuers, at 3:30 p.m.10:00 A.M., New York City time, on November 12August 6, 1999, or at such other time or date, not later than seven full business days thereafter, as shall be agreed upon by the Purchasers, Holdings Initial Purchasers and the Company Issuers (such date and time of payment and delivery being referred to herein as the "Closing Date"). On the Closing Date, Holdings and the Company will deliver to the Purchasers certificates evidencing an aggregate of 144,552 Units consisting of $144,552,000 aggregate principal amount at maturity of the Notes duly executed and authenticated by the Company and 144,552 Warrants duly executed by Holdings and registered in the names of the Purchasers and in the amounts set forth on Schedule 1 (and in such denominations requested by each such Purchaser not later than two business days prior to the Closing Date).------------ (b) On the Closing Date, payment of the purchase price for the Units shall be made to the Company and Holdings by wire or book-entry transfer of same-day funds to such account or accounts as Holdings and the Company and Holdings shall specify prior to the Closing Date or by such other means as the parties hereto shall agree prior to the Closing Date against delivery to the Initial Purchasers of the certificates evidencing the Units, the Notes and the Warrants. Time shall be of the essence, and delivery at the time and place specified pursuant to this Agreement is a further condition of the obligations of the Initial Purchasers hereunder. On Upon delivery, the Units, the Notes and the Warrants shall be in global form, registered in such names and in such denominations as CSI on behalf of the Initial Purchasers shall have requested in writing not less than two full business days prior to the Closing Date. The Issuers agree to make one or more global certificates evidencing the Units, the Company shall deliver to each Purchaser, against payment Notes and the Warrants available for inspection by CSI on behalf of the purchase price therefor,Initial Purchasers in New York, New York at least 24 hours prior to the Closing Date.