Common use of Draw Down Notice Clause in Contracts

Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the Buyer, subject to the satisfaction of the conditions set forth in Section 6(b), specifying the aggregate dollar amount of Debentures the Company is requesting be purchased by Buyer with respect to a given Draw Down (the “Investment Amount”).

Appears in 1 contract

Samples: Securities Purchase Agreement (New Media Lottery Services Inc)

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Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the BuyerInvestor, subject to the satisfaction of the conditions set forth in Section 6(b)Sections 6.02 and 6.03; provided, specifying however, the aggregate dollar amount of Debentures Investment Amount for each Draw Down as designated by the Company is requesting be purchased by Buyer with respect to a given in the applicable Draw Down Notice shall be not less than the Minimum Draw Down Amount (as determined as of the “Investment Amount”applicable Draw Down Date).

Appears in 1 contract

Samples: Equity Financing Agreement (Pantera Petroleum Inc.)

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Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the BuyerInvestor, subject to the satisfaction of the conditions set forth in Section 6(b), specifying the aggregate dollar amount of Debentures the Company is requesting be purchased by Buyer with respect to a given Draw Down (the “Investment Amount”)6.02.

Appears in 1 contract

Samples: Private Equity Line Financing Agreement (First Virtual Communications Inc)

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