Common use of Date of Delivery of Sale Notice Clause in Contracts

Date of Delivery of Sale Notice. A Sale Notice shall be deemed delivered on (i) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 12:00 noon New York time, or (ii) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 12:00 noon New York time on a Trading Day or at any time on a day which is not a Trading Day. No Sale Notice will be deemed delivered, on a day that is not a Trading Day.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Globalnet Inc), Stock Purchase Agreement (Appliedtheory Corp), Stock Purchase Agreement (International Fibercom Inc)

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Date of Delivery of Sale Notice. A Sale Notice shall be deemed delivered on (i) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 12:00 noon New York time, or (ii) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 12:00 noon New York time on a Trading Day or at any time on a day which is not a Trading Day. No Sale Notice will be deemed delivered, delivered on a day that is not a Trading Day.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Practice Works Inc), Stock Purchase Agreement (Practice Works Inc)

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Date of Delivery of Sale Notice. A Sale Notice shall be ------------------------------- deemed delivered on (i) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 12:00 noon New York time, or (ii) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 12:00 noon New York time on a Trading Day or at any time on a day which is not a Trading Day. No Sale Notice will be deemed delivered, on a day that is not a Trading Day.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dauphin Technology Inc)

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