Common use of Delivery of Shares; Payment of Draw Down Amount Clause in Contracts

Delivery of Shares; Payment of Draw Down Amount. On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees via book-entry through the Depositary Trust Company to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment therefor to be made to the Company's designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Aksys LTD), Common Stock Purchase Agreement (Tegal Corp /De/), Common Stock Purchase Agreement (Tegal Corp /De/)

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Delivery of Shares; Payment of Draw Down Amount. On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees via book-entry through the Depositary Trust Company (DWAC) to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment therefor to be made to the Company's ’s designated account by wire transfer of immediately available funds, if the Shares are received by delivered to the Investor or its designee no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received delivered thereafter.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Emisphere Technologies Inc), Common Stock Purchase Agreement (Emisphere Technologies Inc)

Delivery of Shares; Payment of Draw Down Amount. On each Settlement Date, the Company shall deliver the Shares purchased by the Investor Purchaser to the Investor Purchaser or its designees via book-entry through the Depositary Trust Company to an account designated by the InvestorPurchaser, and upon receipt of the Shares, the Investor Purchaser shall cause payment therefor to be made to the Company's designated account by wire transfer of immediately available funds, if provided that, the Shares are received by the Investor Purchaser no later than 1:00 p.m. (Eastern Time), ) or next day available funds, funds if the Shares are received thereafter.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Collagenex Pharmaceuticals Inc)

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Delivery of Shares; Payment of Draw Down Amount. On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees via book-entry through the Depositary Trust Company DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment therefor to be made to the Company's designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (American Technology Corp /De/)

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