Common use of DWAC Delivery Clause in Contracts

DWAC Delivery. If the Investor elects to settle the Shares purchased by such Investor through DTC’s Deposit/Withdrawal at Custodian (“DWAC”) delivery system, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall remit to the Company by wire transfer the amount of funds equal to the aggregate purchase price for the Units being purchased by the Investor to the following account: [Account information to be provided under separate cover] The Investor acknowledges and agrees that no minimum amount is required to be raised in order for the Company and the Placement Agents to close the Offering.

DWAC Delivery. If the Investor elects to settle the Shares purchased by such Investor through DTC’s Deposit/Withdrawal at Custodian (“DWAC”) delivery system, no later than one four (14) business day days after the execution of this Agreement by the Investor and the Company, the Investor shall remit to the Company by wire transfer the amount of funds equal to the aggregate purchase price for the Units being purchased by the Investor to the following accountaccount designated by the Company and the Placement Agent: [Account information to be provided under separate cover] The Investor acknowledges and agrees that no minimum amount is required to be raised in order for the Company and the Placement Agents Agent to close the Offering.

DWAC Delivery. If the Investor elects to settle the Shares purchased by such Investor through DTC’s Deposit/Withdrawal at Custodian (“DWAC”) delivery system, no later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall remit to the Company by wire transfer the amount of funds equal to the aggregate purchase price for the Units Shares being purchased by the Investor to the following accountaccounts: [Account information to be provided under separate cover] The Investor acknowledges and agrees that no minimum amount is required to be raised in order for the Company and the Placement Agents Agent to close the Offering.