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)
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)
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)