Brokerage Account. The Company must have a brokerage account with the Underwriter prior to the date on which the Company delivers a Capital Demand Notice, into which account the proceeds of any sale of Common Stock, net of any amounts payable under Section 2.4(d), shall be deposited.
Appears in 3 contracts
Samples: Common Stock Underwriting Agreement (Axonyx Inc), Common Stock Underwriting Agreement (Triangle Pharmaceuticals Inc), Common Stock Underwriting Agreement (Onyx Software Corp/Wa)
Brokerage Account. The Company must have a brokerage ----------------- account with the Underwriter prior to the date on which the Company delivers a the first Capital Demand Notice, into which account the daily gross proceeds of any sale sales of Common Stock, net of any amounts payable under Section 2.4(d), Stock hereunder shall be depositeddeposited on each Closing Date in a Capital Demand Period. The Company may request that money be wired to any account it specifies at any time after the applicable Settlement Date; provided, -------- however, that the Underwriter shall not be obligated to wire monies more often ------- than once per any five consecutive Trading Days.
Appears in 1 contract
Samples: Us Concrete Inc
Brokerage Account. The Company must have a brokerage account with the Underwriter prior to the date on which the Company delivers a Capital Demand Notice, into which account the proceeds of any sale of Common Stock, net of any amounts payable under Section 2.4(d), shall be deposited. The Company may request that money be wired to any account it specifies at any time; provided, however, that the Underwriter shall not be obligated to wire monies more often than once per 10 Trading Day period.
Appears in 1 contract
Samples: Common Stock Underwriting Agreement (Mgi Pharma Inc)