Common use of PAYMENT FOR INTERESTS Clause in Contracts

PAYMENT FOR INTERESTS. Payment for the Interests shall be received by the Company from the undersigned by wire transfer of immediately available funds or other means approved by the Company at least three business days prior to the Closing Date, in the aggregate amount as set forth in the signature page hereto. The Interests will be issued in book-entry form and will bear an appropriate legend referring to the fact that the Interests were sold in reliance upon an exemption from registration under the Securities Act.

Appears in 2 contracts

Sources: Private Placement Subscription Agreement (Bally's Chicago, Inc.), Private Placement Subscription Agreement (Bally's Chicago, Inc.)