Common use of Additional Deliveries and Conditions for Acceptance Clause in Contracts

Additional Deliveries and Conditions for Acceptance. The offer, sale and issuance of the Purchased Securities is subject to the following conditions, each of which may be waived, in whole or in part, by the Issuer in its sole discretion: 3.1 The Purchaser shall complete, sign and return to the Issuer, two Business Days before the Closing Date: (a) one completed and executed copy of this Subscription Agreement; (b) one completed and executed copy of Schedule A to this Subscription Agreement; (c) any other document required by applicable Securities Laws (as defined herein) which the Issuer requests. The Purchaser acknowledges and agrees that such documents, when executed and delivered by the Purchaser, will form part of and will be incorporated into this Subscription Agreement with the same effect as if each constituted a representation and warranty or covenant of the Purchaser hereunder in favour of the Issuer. The Purchaser acknowledges and agrees that this offer, the Purchase Price and any other documents delivered in connection herewith will be held by the Issuer until such time as the conditions set out in this Subscription Agreement are satisfied.

Appears in 2 contracts

Samples: Subscription Agreement (Orbimed Advisors LLC), Subscription Agreement (Orbimed Advisors LLC)

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Additional Deliveries and Conditions for Acceptance. The offer, sale and issuance of the Purchased Securities is subject to the following conditions, each of which may be waived, in whole or in part, by the Issuer in its sole discretion: 3.1 The Purchaser shall complete, sign and return to the Issuer, two Business Days before the Closing Date: (a) one completed and executed copy of this Subscription Agreement;; and (b) one completed and executed copy of Schedule A to this Subscription Agreement; (c) any other document required by applicable Securities Laws (as defined herein) which the Issuer requests. The Purchaser acknowledges and agrees that such documents, when executed and delivered by the Purchaser, will form part of and will be incorporated into this Subscription Agreement with the same effect as if each constituted a representation and warranty or covenant of the Purchaser hereunder in favour of the Issuer. The Purchaser acknowledges and agrees that this offer, the Purchase Price and any other documents delivered in connection herewith will be held by the Issuer until such time as the conditions set out in this Subscription Agreement are satisfied.

Appears in 2 contracts

Samples: Subscription Agreement (Orbimed Advisors LLC), Subscription Agreement (Response Biomedical Corp)

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