Common use of Concurrent Investment Clause in Contracts

Concurrent Investment. The Company shall have received proceeds from the sale of Series B-1 12.75% Preferred Stock at the Second Closing to the other Investor of not less than $25,000,000.00.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Babcock & Wilcox Co), Securities Purchase Agreement (Usec Inc)

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Concurrent Investment. The Company shall have received proceeds from the sale of Series B-1 12.75% Preferred Stock and Warrants at the Second First Closing to the other Investor of not less than $25,000,000.0037,500,000.00.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Babcock & Wilcox Co), Securities Purchase Agreement (Usec Inc)

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Concurrent Investment. The Company shall have received proceeds from the sale of Series B-1 12.75B-2 11.5% Preferred Stock and Warrants at the Second Third Closing to the other Investor of not less than $25,000,000.0037,500,000.00.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Babcock & Wilcox Co), Securities Purchase Agreement (Usec Inc)

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