Common use of Closing Account Clause in Contracts

Closing Account. Payment of the Subscription Price by each Investor to the Company shall be made by remittance of immediately available funds to a bank account of the Company acceptable to the Investors (the “Closing Account”). All bank charges and related expenses for remittance and receipt of funds shall be borne by the account of the Company.

Appears in 3 contracts

Samples: Series D Preferred Share Purchase Agreement (Momo Inc.), Series D Preferred Share Purchase Agreement (Momo Inc.), Series D Preferred Share Purchase Agreement (Momo Inc.)

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Closing Account. Payment of the Subscription Purchase Price by each Investor the Purchasers to the Company shall be made by remittance of immediately available funds fund to the a bank account of the Company acceptable to the Investors Purchasers (the “Closing Account”). All bank charges and related expenses for remittance and receipt of funds shall be borne by for the account of the Company.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement, Preferred Share Purchase Agreement (JIAYUAN.COM International LTD)

Closing Account. Payment of the Subscription Price by each the Investor to the Company shall be made by remittance of immediately available funds to a bank account of the Company acceptable to the Investors Investor (the “Closing Account”)) on the Closing Date, such Closing Account to be notified by the Company to the Investor at least five (5) Business Days prior to the Closing Date. All bank charges and related expenses for remittance and receipt of funds shall be borne by for the account of the Company.

Appears in 1 contract

Samples: Preferred Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD)

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Closing Account. Payment of the Subscription Price by each the Investor to the Company shall be made by remittance of immediately available funds to a bank account of the Company acceptable to the Investors Investor (the “Closing Account”), which may be made in installments at the sole discretion of the Investor, such Closing Account to be notified by the Company to the Investor within five (5) Business Days after the date hereof. All bank charges and related expenses for remittance and receipt of funds shall be borne by for the account of the Company.

Appears in 1 contract

Samples: Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD)

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