1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 of Shares and Warrants. Each Purchaser shall deliver to the Company via wire transfer or a certified check of immediately available funds equal to such Purchaser's Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares and a Warrant, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of WS or such other location as the parties shall mutually agree.
Appears in 1 contract
Samples: Securities Purchase Agreement (Worldwide Energy & Manufacturing Usa Inc)
1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 21,052,632 in principal amount of Shares the Debentures and the Warrants. Each Purchaser shall deliver to the Company Company, via wire transfer or a certified check of immediately available funds equal to such Purchaser's ’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares Debenture and a Warrant, as determined pursuant to Section 2.2(a)Warrants, and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections Section 2.2 and Section 2.3, the Closing shall occur at the offices of WS Xxxxxx and Xxxxx or such other location as the parties shall mutually agree.
Appears in 1 contract
Samples: Securities Purchase Agreement (22nd Century Group, Inc.)
1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 10.0 million of Shares and Warrants. Each Purchaser shall deliver to the Company Escrow Agent, via wire transfer or a certified check of transfer, immediately available funds equal to such Purchaser's ’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares and a WarrantWarrants, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of WS the Placement Agent or such other location as the parties shall mutually agree..
Appears in 1 contract
Samples: Securities Purchase Agreement (NeuroBo Pharmaceuticals, Inc.)
1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 1,300,000 Investor Shares together with shares of Shares Preferred Stock and WarrantsWarrants as set forth in Section 2.2(a) below. Each Purchaser shall deliver to the Company Company, via wire transfer or a certified check of check, immediately available funds equal to such Purchaser's its Subscription Amount as set forth on the signature page hereto executed by such PurchaserAmount, and the Company shall deliver to each Purchaser its respective shares of Preferred Stock, Investor Shares and a WarrantWarrants, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of WS EGS or such other location as the parties shall mutually agree..
Appears in 1 contract
Samples: Securities Purchase Agreement (Timber Pharmaceuticals, Inc.)
1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 of Shares and Warrants. Each Purchaser shall deliver to the Company via wire transfer or a certified check of immediately available funds equal to such Purchaser's Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver <PAGE> to each Purchaser its respective Shares and a Warrant, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of WS or such other location as the parties shall mutually agree.
Appears in 1 contract
Samples: Securities Purchase Agreement (Worldwide Energy & Manufacturing Usa Inc)
1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $8,000,000 ______ of Shares and WarrantsPreferred Investment Options. Each Purchaser shall deliver to the Company Escrow Agent, via wire transfer or a certified check of check, immediately available funds equal to such Purchaser's ’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares and a WarrantPreferred Investment Option, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of WS EGS or such other location as the parties shall mutually agree.
Appears in 1 contract
Samples: Securities Purchase Agreement (NRX Pharmaceuticals, Inc.)