Second Time of Delivery Clause Samples
The 'Second Time of Delivery' clause defines the procedures and obligations that apply if a second attempt at delivering goods or services is required after an initial delivery was unsuccessful. Typically, this clause outlines the conditions under which a second delivery will occur, such as who bears the costs, how and when the new delivery date is set, and any responsibilities of the buyer or seller to facilitate the process. Its core practical function is to ensure clarity and fairness in handling failed deliveries, minimizing disputes and delays by establishing a clear protocol for subsequent delivery attempts.
Second Time of Delivery. Upon the terms and subject to the conditions of this Agreement, Purchaser shall deliver to Seller the Additional Purchase Price at the Second Time of Delivery at the offices of Sull▇▇▇▇ & ▇rom▇▇▇▇, ▇▇5 ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇ at such other place as shall be agreed upon by Purchaser and Seller, paid by wire transfer to an account designated by Seller, in Federal (immediately available) funds.
Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Common Stock are not held in certificated form but is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.
Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price, at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such Class A Common Stock are not held in certificated form but are held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.
Second Time of Delivery. Effective upon and subject to the receipt by the Pledgor of the Additional Purchase Price, at the Second Time of Delivery, the Pledgor shall deliver to the Collateral Agent in pledge hereunder one or more certificates in registered form representing in the aggregate Common Stock representing the Additional Share Base Amount of Common Stock, together with undated stock powers with respect thereto duly endorsed in blank.
Second Time of Delivery. Effective upon and subject to the receipt by Pledgor of the Additional Purchase Price at the Second Time of Delivery, Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates representing in the aggregate at least the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers duly endorsed in blank, or (2) if such shares of Class A Common Stock are not held in certificated form but is held in book-entry form by The Depository Trust Company or any other comparable depositary, transfer such shares of Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of Pledgor) designated by the Collateral Agent with The Depository Trust Company or such other depositary, as applicable.
Second Time of Delivery. Effective upon and subject to the receipt by the Pledgor of the Additional Purchase Price, at the Second Time of Delivery, the Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates in registered form repre senting in the aggregate Class A Common Stock representing the Additional Share Base Amount of Class A Common Stock, together with undated stock powers with respect thereto duly endorsed in blank, or (2) if such shares of Class A Common Stock are not held in certificated form but are held in book entry form by The Depository Trust Company or other comparable depositary, transfer such number of shares of Class A Common Stock representing the Additional Share Base Amount of Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of the Pledgor) designated by the Collateral Agent with the Depositary Trust Company or such other depositary, as applicable.
Second Time of Delivery. Effective upon and subject to the receipt by the Pledgor of the Additional Purchase Price, at the Second Time of Delivery, the Pledgor shall either (1) deliver to the Collateral Agent in pledge hereunder one or more certificates in registered form representing in the aggregate Class A Common Stock representing the Additional Share Base Amount of Class A Common Stock, registered in the name of the Collateral Agent or its nominee or duly endorsed in blank or accompanied by undated stock powers with respect thereto duly endorsed in blank, or (2) if such shares of Class A Common Stock are not held in certificated form but are held in book entry form by The Depository Trust Company or other comparable depositary, transfer such number of shares of Class A Common Stock representing the Additional Share Base Amount of Class A Common Stock to an account of the Collateral Agent or to an account (other than an account of the Pledgor) designated by the Collateral Agent with The Depositary Trust Company or such other depositary, as applicable.