Common use of Closing of Issuance and Purchase Clause in Contracts

Closing of Issuance and Purchase. On the Closing Date, the Company shall deliver to the Investor a certificate representing 99,900 Shares against payment of the Purchase Price by wire transfer of immediately available funds to an account designated in writing by the Company.

Closing of Issuance and Purchase. On the Closing Date, the Company shall deliver to the each Investor a certificate representing 99,900 the number of Shares set forth opposite such Investor's name in Exhibit A against payment of such Investor's pro rata portion of the Purchase Price by wire transfer of immediately available funds to an account designated in writing by the Company.