Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Lumera Corp), Common Stock Purchase Agreement (Cyclacel Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Biosante Pharmaceuticals Inc)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defineddefined below) which shall specify specifying the dollar amount of Shares the Company it elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by via e-mail to the addresses set forth in Section 10.410.04 and via facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Kosan Biosciences Inc), Common Stock Purchase Agreement (Santarus Inc), Common Stock Purchase Agreement (Genvec Inc)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defineddefined below) which shall specify specifying the dollar amount of Shares the Company it elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by via e-mail to the addresses set forth in Section 10.410.04 and via facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, Officer and dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Micromet, Inc.), Common Stock Purchase Agreement (Metabasis Therapeutics Inc), Common Stock Purchase Agreement (Micromet, Inc.)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a "DRAW DOWN") during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s 's counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “Draw Down Notice”"DRAW DOWN NOTICE"). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount be less than the Minimum Draw Down Amount or exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D EXHIBIT C hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Aksys LTD), Common Stock Purchase Agreement (Aksys LTD)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer, Chief Financial Officer or Chief Financial OfficerGeneral Counsel, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Acadia Pharmaceuticals Inc), Common Stock Purchase Agreement (Jazz Pharmaceuticals Inc)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defineddefined below) which shall specify specifying the dollar amount of Shares the Company it elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Cytokinetics Inc), Common Stock Purchase Agreement (Cytokinetics Inc)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer, Chief Financial Officer or Chief Financial OfficerExecutive Vice President and General Counsel, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Discovery Laboratories Inc /De/), Common Stock Purchase Agreement (Discovery Laboratories Inc /De/)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify specifying the dollar amount of Shares the Company it elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Tercica Inc), Common Stock Purchase Agreement (Nuvelo Inc)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a “Draw Down”) during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Emisphere Technologies Inc), Common Stock Purchase Agreement (Emisphere Technologies Inc)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a "Draw Down") during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s 's counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “"Draw Down Notice”"). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount or shall the aggregate of all Draw Down Amounts exceed the Maximum Commitment Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Tegal Corp /De/), Common Stock Purchase Agreement (Tegal Corp /De/)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Officer, Chief Financial Officer, President or Vice President and Controller, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Corcept Therapeutics Inc)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects intends to sell raise from the sale to the Investor of Common Stock hereunder (each such electioncapital raising transaction, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the . The Investor shall be obligated to acceptaccept each Draw Down initiated by the Company, subject to the terms and conditions hereinafter provided. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) notice in the form of Exhibit C B hereto (each, a “Draw Down Notice”) by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”)Period. In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer, Chief Financial Officer or Chief Financial OfficerGeneral Counsel, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Neurocrine Biosciences Inc)
Draw Down Notice. During the Commitment Period, the The Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defineddefined below) which shall specify specifying the dollar amount of Shares the Company it elects to sell raise by selling Shares to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by writing, via e-mail to the addresses set forth in Section 10.410.04 and via facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer and dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Discovery Laboratories Inc /De/)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) ), which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.410.04 and by facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, Officer and dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) ), which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.410.04 and by facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period and the Threshold Price with respect to such Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, Officer and dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a "DRAW DOWN") during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s 's counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “Draw Down Notice”"DRAW DOWN NOTICE"). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D EXHIBIT C hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (American Technology Corp /De/)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a "Draw Down") during any Draw Down Pricing Period, which Draw Down the Investor shall Purchaser will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4Purchaser via facsimile transmission, with a copy to the Investor’s Purchaser's counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “"Draw Down Notice”"). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount be less than the Minimum Draw Down Amount or exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Collagenex Pharmaceuticals Inc)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Somaxon Pharmaceuticals, Inc.)
Draw Down Notice. During the Commitment PeriodThe Company, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a "Draw Down") during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s 's counsel, as to such the Draw Down Amount the Company wishes to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “"Draw Down Notice”"). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Cellegy Pharmaceuticals Inc)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount in one or more multiples of $500,000 of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail hand delivery to the addresses set forth in Section 10.410.04 (or by e-mail to an address separately furnished to the Company), with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount, nor shall the aggregate Draw Down Amounts exceed the Maximum Commitment Amount. Each Draw Down Notice shall be accompanied by a certificate, certificate signed by the Chief Executive Financial Officer or Chief Financial Officerthe Executive Vice President, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Sovereign Holdings Inc.)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount in one or more multiples of $500,000 of Shares the Company elects to sell to the Investor (each such election, a “"Draw Down”") up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail hand delivery to the addresses set forth in Section 10.410.04 (or by e-mail to an address separately furnished to the Company), with a copy to the Investor’s 's counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “"Draw Down Notice”"). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount, nor shall the aggregate Draw Down Amounts exceed the Maximum Commitment Amount. Each Draw Down Notice shall be accompanied by a certificate, certificate signed by the Chief Executive Financial Officer or Chief Financial Officerthe Executive Vice President, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Draw Down Notice. During the Commitment PeriodThe Trust, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects with respect to sell to the Investor (each such election, a “Draw Down”) Down up to a Draw Down Amount equal to the Maximum Draw Down AmountAmount (each, a “Draw Down”) during the Commitment Period, which Draw Down the Investor shall will be obligated to accept. The Company Trust shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by e-mail to the addresses set forth in Section 10.4via facsimile transmission, with a copy to the Investor’s counsel, as to such the Draw Down Amount the Trust desires to exercise before commencement of trading on the first Trading Day of the related any Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall specify the Threshold Price in respect of the applicable Draw Down and shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 1 contract
Samples: Trust Unit Purchase Agreement (Enterra Energy Trust)
Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects intends to sell to raise from the Investor from the sale of Common Stock hereunder (each such electioncapital raising transaction, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the . The Investor shall be obligated to acceptaccept each Draw Down initiated by the Company, subject to the terms and conditions hereinafter provided. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) notice in the form of Exhibit C hereto (each, a “Draw Down Notice”) by e-mail to the addresses set forth in Section 10.4, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”)Period. In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial Officer, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Electro Optical Sciences Inc /Ny)
Draw Down Notice. During the Commitment Period, the The Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defineddefined below) which shall specify specifying the dollar amount of Shares the Company it elects to sell to the Investor (each such election, election a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall will be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice (as hereinafter defined) in the form of Exhibit C hereto by writing, via e-mail to the addresses set forth in Section 10.410.04 and via facsimile transmission to the number set forth in Section 10.04, with a copy to the Investor’s counsel, as to such Draw Down Amount before commencement of trading on the first Trading Day of the related Draw Down Pricing Period (the “Draw Down Notice”). In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period. In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount. Each Draw Down Notice shall be accompanied by a certificate, signed by the Chief Executive Officer or Chief Financial OfficerOfficer and dated, dated as of the date of such Draw Down Notice, in the form of Exhibit D C hereof.
Appears in 1 contract