Capital Increase Account. The Company confirms that it has opened with (i) UBS AG, bank clearing no. referenced in Schedule 2(d) hereto (the “Capital Increase Bank”), a blocked account for the capital increase (Kapitaleinzahlungskonto) set forth in Schedule 2(d) hereto made out to “AURIS MEDICAL HOLDING AG KAPITALERHÖHUNG” (the “Capital Increase Account”), and (ii) UBS AG, ABA no. referenced in Schedule 2(d) hereto (the “General Account Bank”), an account for the capital surplus, account no. set forth in Schedule 2(d) hereto made out to “AURIS MEDICAL HOLDING AG” (the “General Account”), and each of the Capital Increase Account and General Account shall remain open until the earlier of (i) the consummation of the transactions contemplated by this Agreement and (ii) the date on which this Agreement is properly terminated pursuant to and in accordance with Section 11 and the Purchase Price is released in full to and received by the Investor.
Capital Increase Account. The Company confirms that it has opened with (i) UBS AG, bank clearing no. referenced in Schedule 2(e) hereto (the “Capital Increase Bank”), a blocked account for the capital increase (Kapitaleinzahlungskonto) set forth in Schedule 2(e) hereto made out to “AURIS MEDICAL HOLDING AG KAPITALERHÖHUNG” (the “Capital Increase Account”), and (ii) UBS AG, ABA no. referenced in Schedule 2(e) hereto (the “General Account Bank”), an account for the capital surplus, account no. set forth in Schedule 2(e) hereto made out to “AURIS MEDICAL HOLDING AG” (the “General Account”). The Company may replace the then current Capital Increase Account with another account with the Capital Increase Bank by giving written notice of such change to the Investor, at which point such new account shall become the Capital Increase Account. A Capital Increase Account shall remain open until the earlier of (i) the Maturity Date and (ii) the date on which this Agreement is properly terminated pursuant to and in accordance with Section 11 and the full amount of any then remaining Capital Increase Amount therein that is not subject to any then pending Regular Purchase Notice or Additional Purchase Notice is returned to the Investor and the Investor has confirmed receipt thereof in full.
Capital Increase Account. The Company confirms that prior to the date of each Placement Notice hereunder it will open with UBS AG or any other reputable bank in Switzerland (the “Capital Increase Bank”), a blocked account for each Capital Increase contemplated by this Agreement (the “Capital Increase Account”) and shall provide the Agent with written wire instructions for depositing funds for each Capital Increase as contemplated in this Agreement. A Capital Increase Account shall remain open until the date on which this Agreement is properly terminated pursuant to and in accordance with Section 12 and the full amount of any then remaining Net Proceeds therein that is not subject to any then pending Placement Notice is returned to the Agent in accordance with the terms hereof and the Agent has confirmed receipt thereof in full. The funds deposited in the Capital Increase Account in respect of Placement Shares to be settled on a particular Settlement Date shall remain so deposited for the account of the Company and shall not be transferred to a separate account of the Company or used for any other purpose other than in connection with the issuance and delivery of such Placement Shares to the Agent pursuant to and in accordance with this Section 5 until all of all of such Placement Shares have been so issued and delivered to the Agent and settled on the applicable Settlement Date therefor pursuant to and in accordance with this Section 5. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Capital Increase Account shall be payable immediately and directly to the Capital Increase Bank by the Company.
Capital Increase Account. The Company shall have opened the Capital Increase Account at the Capital Increase Bank, and the Agent shall have received written wire instructions from the Company for depositing the Subscription Price in the Capital Increase Account as contemplated by Section 5.
Capital Increase Account. The Company confirms that it opened with UBS Switzerland AG, bank clearing no. 0230 (the “Capital Increase Bank”), a blocked account in the name of the Company for the capital increase (compte de consignation du capital), IBAN XX0000000000000000X0X made out to “OBSEVA SA AUGMENTATION DE CAPITAL” (the “Firm Capital Increase Account”), and such Firm Capital Increase Account shall remain open (i) until the completion of the Firm Capital Increase or (ii) if this Agreement is terminated pursuant to Section 9 and the Firm Capital Increase is not completed, until the Firm Capital Increase Amount is released in full to the Representative.
Capital Increase Account. The Company confirms that it opened with Banque Xxxxxx & Cie SA, bank clearing no. 8727 (the “Capital Increase Bank”), a blocked account in the name of the Company for the capital increase (compte de consignation du capital), IBAN : made out to “ADDEX THERAPEUTICS LTD AUGMENTATION DE CAPITAL” (the “Initial Capital Increase Account”), and such Initial Capital Increase Account shall remain open (i) until the completion of the Initial Capital Increase or (ii) if this Agreement is terminated pursuant to Section 9 and the Initial Capital Increase is not completed, until the Initial Capital Increase Amount is released in full to the Representative.
Capital Increase Account. The Company confirms that it will open with the Capital Increase Bank, a blocked account in the name of the Company for the Second Capital Increase (the “Second Capital Increase Account”), and such Second Capital Increase Account shall remain open (i) until the completion of the Second Capital Increase or (ii) if this Agreement is terminated pursuant to Section 9 and the Second Capital Increase is not completed, until the Second Capital Increase Amount is released in full to the Representative.
Capital Increase Account. The Company shall not remove any amounts paid by the Underwriter into the Capital Increase Account prior to the Closing Time.
Capital Increase Account. The Aggregate Subscription Price paid by the Underwriter pursuant to Section 2(a) of this Agreement shall remain in the Capital Increase Account as of the Closing Time.
Capital Increase Account. The Aggregate Issue Price paid by the Subscription Agent pursuant to Section 2(a) of this Agreement shall remain in the Capital Increase Account as of the Closing Time.
