Closing and Mechanics of Payment. (a) The Purchase Price shall be paid on the Closing Date by wire transfer of immediately available funds on or before 5:00 p.m. (EST).
Closing and Mechanics of Payment. (a) The Purchase Price shall be paid on the Closing Date by wire transfer of immediately available funds.
Closing and Mechanics of Payment. (a) The Purchase Price will be paid on each respective Closing date by wire transfer of immediately available funds. Phage acknowledges having received the funds due in connection with the Initial Closing under this Agreement.
Closing and Mechanics of Payment. (a) Subject to satisfaction of the conditions set forth in Sections 6.1 and 6.2 hereof, the Closing Date shall occur on June 18, 2002. (b) The Bridge Note issued on the Closing Date shall be dated the date hereof. ARTICLE 3.
Closing and Mechanics of Payment. 10 SECTION 2.4
Closing and Mechanics of Payment. 10 SECTION 2.4 TERMS OF COMMITMENT AND SUBSEQUENT TAKEDOWNS ............... 10
Closing and Mechanics of Payment. At a mutually agreed upon time, which is no later than three (3) Business Days prior to the Funding Date, MGM and the Company shall meet for a pre-closing conference. The Loan Amount shall be paid to the Company on the Funding Date by wire transfer of immediately available funds to an account designated in writing by the Company no later than one (1) Business Day prior to the Funding Date. ARTICLE III PAYMENT TERMS OF THE CONVERTIBLE NOTE Section 3.01
Closing and Mechanics of Payment. (a) On the Closing Date, subject to the satisfaction of all terms and conditions set forth herein, each of the Purchasers shall deliver by wire transfer to the Company immediately available funds in an amount equal to the portion of the Purchase Price of the Convertible Notes to be purchased by such Purchaser on the Closing Date, in the proportions as set forth on Schedule 2.1 attached hereto, less such Purchaser's ratable share of Expense Reimbursement Fee.
Closing and Mechanics of Payment. 2.3.1. The Purchase Price shall be paid as follows:
Closing and Mechanics of Payment. (a) On the Closing Date, subject to the satisfaction of all terms and conditions set forth herein, each of the Purchasers shall deliver by wire transfer to the Company immediately available funds in an amount equal to the portion of the Purchase Price of the Convertible Notes to be purchased by such Purchaser on the Closing Date, in the proportions as set forth on SCHEDULE I attached hereto, LESS such Purchaser's ratable share of the (x) Initial Commitment Fee and (y) an estimate of the Expense Reimbursement Fee (the "Closing Date Amount").
