Delivery by Electronic Book-Entry at The Depository Trust Company. If the Investor elects to settle the Securities purchased by such Investor through delivery by electronic book-entry at DTC, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall direct the broker-dealer at which the account or accounts to be credited with the Shares being purchased by such Investor are maintained, which broker/dealer shall be a DTC participant, to set up a Deposit/Withdrawal at Custodian (“DWAC”) instructing Philadelphia Stock Transfer, the Company’s transfer agent, to credit such account or accounts with the Securities by means of an electronic book-entry delivery. Such DWAC shall indicate the settlement date for the deposit of the Securities, which date shall be provided to the Investor by the Representative. Simultaneously with the delivery to the Company by the Escrow Agent of the funds held in escrow pursuant to Section 3.4 above, the Company shall direct its transfer agent to credit the Investor’s account or accounts with the Securities pursuant to the information contained in the DWAC.
Appears in 2 contracts
Samples: Subscription Agreement (Clearsign Combustion Corp), Placement Agency Agreement (Clearsign Combustion Corp)
Delivery by Electronic Book-Entry at The Depository Trust Company. If the Investor elects to settle the Securities Shares purchased by such Investor through delivery by electronic book-entry at DTC, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall direct the broker-dealer at which the account or accounts to be credited with the Shares being purchased by such Investor are maintained, which broker/dealer shall be a DTC participant, to set up a Deposit/Withdrawal at Custodian (“DWAC”) instructing Philadelphia Stock Transfer, the Company’s transfer agentTransfer Agent, to credit such account or accounts with the Securities Shares by means of an electronic book-entry delivery. Such DWAC shall indicate the settlement date for the deposit of the SecuritiesShares, which date shall be provided to the Investor by the RepresentativePlacement Agent. Simultaneously with the delivery to the Company by the Escrow Agent of the funds held in escrow pursuant to Section 3.4 3.3 above, the Company shall direct its transfer agent Transfer Agent to credit the Investor’s account or accounts with the Securities Shares pursuant to the information contained in the DWAC.
Appears in 2 contracts
Samples: Subscription Agreement (Astex Pharmaceuticals, Inc), Subscription Agreement (Supergen Inc)
Delivery by Electronic Book-Entry at The Depository Trust Company. If the Investor elects to settle the Securities Shares purchased by such Investor through delivery by electronic book-entry at DTC, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall direct the broker-dealer at which the account or accounts to be credited with the Shares being purchased by such Investor are maintained, which broker/dealer shall be a DTC participant, to set up a Deposit/Withdrawal at Custodian (“DWAC”) instructing Philadelphia U.S. Stock TransferTransfer Corporation, the Company’s transfer agent, to credit such account or accounts with the Securities Shares by means of an electronic book-entry delivery. Such DWAC shall indicate the settlement date for the deposit of the SecuritiesShares, which date shall be provided to the Investor by the RepresentativePlacement Agents. Simultaneously with the delivery to the Company by the Escrow Agent of the funds held in escrow pursuant to Section 3.4 3.3 above, the Company shall direct its transfer agent to credit the Investor’s account or accounts with the Securities Shares pursuant to the information contained in the DWAC.
Appears in 1 contract
Samples: Subscription Agreement (Spectrum Pharmaceuticals Inc)
Delivery by Electronic Book-Entry at The Depository Trust Company. If the Investor elects to settle the Securities Shares purchased by such Investor through delivery by electronic book-entry at DTC, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall direct the broker-dealer at which the account or accounts to be credited with the Shares being purchased by such Investor are maintained, which broker/dealer shall be a DTC participant, to set up a Deposit/Withdrawal at Custodian (“DWAC”) instructing Philadelphia Stock TransferMellon Investor Services LLC, the Company’s transfer agent, to credit such account or accounts with the Securities Shares by means of an electronic book-entry delivery. Such DWAC shall indicate the settlement date for the deposit of the SecuritiesShares, which date shall be provided to the Investor by the RepresentativePlacement Agents. Simultaneously with the delivery to the Company by the Escrow Agent of the funds held in escrow pursuant to Section 3.4 3.3 above, the Company shall direct its transfer agent to credit the Investor’s account or accounts with the Securities Shares pursuant to the information contained in the DWAC.
Appears in 1 contract
Delivery by Electronic Book-Entry at The Depository Trust Company. If the Investor elects to settle the Securities Shares purchased by such Investor through delivery by electronic book-entry at DTC, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall direct the broker-dealer at which the account or accounts to be credited with the Shares being purchased by such Investor are maintained, which broker/dealer shall be a DTC participant, to set up a Deposit/Withdrawal at Custodian (“DWAC”) instructing Philadelphia Stock TransferComputershare Trust Company, Inc., the Company’s transfer agent, to credit such account or accounts with the Securities Shares by means of an electronic book-book- entry delivery. Such DWAC shall indicate the settlement date for the deposit of the SecuritiesShares, which date shall be provided to the Investor by the RepresentativePlacement Agents. Simultaneously with the delivery to the Company by the Escrow Agent of the funds held in escrow pursuant to Section 3.4 3.3 above, the Company shall direct its transfer agent to credit the Investor’s account or accounts with the Securities Shares pursuant to the information contained in the DWAC.
Appears in 1 contract
Samples: Subscription Agreement