Agreement to Advance Funds. The Investor agrees to advance the amount specified in the Advance Notice to the Company after the completion of each of the following conditions and the other conditions set forth in this Agreement: (a) the execution and delivery by the Company, and the Investor, of this Agreement, and the Exhibits hereto; (b) the Escrow Agent shall have received the shares of Common Stock applicable to the Advance in accordance with Section 2.3. Such shares shall be free of restrictive legends.
Appears in 2 contracts
Samples: Standby Equity Distribution Agreement (U.S. Helicopter CORP), Standby Equity Distribution Agreement (Capozzi John)
Agreement to Advance Funds. The Investor agrees to advance the amount specified in the Advance Notice to the Company after the completion of each of the following conditions and the other conditions set forth in this Agreement:
(a) the execution and delivery by the Company, and the Investor, of this Agreement, and the Exhibits hereto;
(b) the Escrow Agent shall have received the shares of Common Stock applicable to the Advance in accordance with Section 2.3. Such shares shall be free of restrictive legends.
Appears in 2 contracts
Samples: Committed Equity Facility Agreement (Solar Wind Energy Tower, Inc.), Committed Equity Facility Agreement (Worthington Energy, Inc.)
Agreement to Advance Funds. (a) The Investor agrees to advance the amount specified in the Advance Notice to the Company after the completion of each of the following conditions and the other conditions set forth in this Agreement:
(ai) the execution and delivery by the Company, and the Investor, of this Agreement, and the Exhibits hereto;
(bii) the Escrow Agent Investor's Counsel shall have received the shares of Common Stock applicable to the Advance in accordance with Section 2.3. Such shares shall be free of restrictive legends.2.2(c) hereof;
Appears in 1 contract
Samples: Equity Line of Credit Agreement (Smartire Systems Inc)
Agreement to Advance Funds. (a) The Investor agrees to advance the amount specified in the Advance Notice to the Company after the completion of each of the following conditions and the other conditions set forth in this Agreement:
(ai) the execution and delivery by the Company, and the Investor, of this Agreement, Agreement and the Exhibits hereto;
(b) the Escrow Agent shall have received the shares of Common Stock applicable to the Advance in accordance with Section 2.3. Such shares shall be free of restrictive legends.
Appears in 1 contract
Samples: Standby Equity Distribution Agreement (Intrepid Technology & Resource Inc)
