Common use of Timing of Acceptance Clause in Contracts

Timing of Acceptance. (a) (Means of acceptance): The Trustee will, if so directed by the Manager in writing, accept the offer contained in a Sale Notice at any time after 10.00 a.m. and before 3.30 p.m. (or between such other times as may be agreed by the Trustee and the Relevant Seller) on the Closing Date by, and only by, the Trustee paying, or causing payment of, the Consideration to the Relevant Seller in cleared and immediately available funds. (b) (No further acts required): The Trustee is not required to do any further act, matter or thing to accept the offer contained in the Sale Notice.

Appears in 2 contracts

Sources: Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD)

Timing of Acceptance. (a) (Means of acceptance): The Trustee will, if so directed by the Manager in writing, accept the offer contained in a Sale Notice at any time after 10.00 a.m. and before 3.30 p.m. (or between such other times as may be agreed by the Trustee and the Relevant relevant Seller) on the Closing Date by, and only by, the Trustee paying, or causing payment of, the Consideration to the Relevant relevant Seller in cleared and immediately available funds. (b) (No further acts required): The Trustee is not required to do any further act, matter or thing to accept the offer contained in the that Sale Notice.

Appears in 1 contract

Sources: Series Supplement (Securitisation Advisory Services Pty LTD)

Timing of Acceptance. (a) (Means of acceptanceMEANS OF ACCEPTANCE): The Trustee will, if so directed by the Manager in writing, accept the offer contained in a Sale Notice at any time after 10.00 a.m. and before 3.30 p.m. (or between such other times as may be agreed by the Trustee and the Relevant relevant Seller) on the Closing Date by, and only by, the Trustee paying, or causing payment of, the Consideration to the Relevant relevant Seller in cleared and immediately available funds. (b) (No further acts requiredNO FURTHER ACTS REQUIRED): The Trustee is not required to do any further act, matter or thing to accept the offer contained in the that Sale Notice.

Appears in 1 contract

Sources: Series Supplement (Securitisation Advisory Services Pty LTD)