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). (a) The Convertible Debentures and Warrants issued on the Closing Date shall be dated the date hereof; PROVIDED, HOWEVER, interest shall accrue on the applicable Convertible Debentures only from and after the date of funding thereof. (b)
Appears in 2 contracts
Samples: Securities Purchase Agreement (Eagle Wireless International Inc), Securities Purchase Agreement (Eagle Wireless International Inc)
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).
(ab) The Convertible Debentures and Warrants Notes issued on the Closing Date shall be dated the date hereof; PROVIDEDprovided, HOWEVERhowever, interest shall accrue on the applicable Convertible Debentures Notes only from and after the date of funding thereof. (b).
Appears in 2 contracts
Samples: Securities Purchase Agreement (Lahaina Acquisitions Inc), Securities Purchase Agreement (Lahaina Acquisitions Inc)
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).
(ab) The Convertible Debentures and Warrants issued on the Closing Date shall be dated the date hereof; PROVIDED, HOWEVER, interest shall accrue on the applicable Convertible Debentures only from and after the date of funding thereof. (b).
Appears in 1 contract
Samples: Securities Purchase Agreement (Emissions Testing Inc)
