Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), the Closings shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Convertible Debentures and the Warrants to the Investors, and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.
Appears in 2 contracts
Samples: Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp), Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp)
Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), the Closings each Closing ("Closing") shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Convertible Debentures Shares purchased and the Warrants (as to the Investors, first Closing) to the Investors and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.
Appears in 2 contracts
Samples: Common Stock and Warrants Purchase Agreement (Focus Enhancements Inc), Common Stock and Warrants Purchase Agreement (Focus Enhancements Inc)
Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), the Closings each Closing shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Convertible Debentures and the Warrants Common Stock to the Investors, Investors and (y) shall release the Purchase Price purchase price to the Company (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.
Appears in 1 contract
Each Closing. Upon satisfaction of the conditions set ------------ forth in Section 2.1(b1.1(b), the Closings each Closing shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the applicable Convertible Debentures Debenture and the Warrants to the Investors, Investors and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.
Appears in 1 contract
Samples: Convertible Debentures and Warrants Purchase Agreement (Data Race Inc)
Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), the Closings each Closing ("Closing") shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Convertible Debentures Shares purchased and the Warrants to the Investors, appropriate Investor and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.
Appears in 1 contract
Samples: Common Stock and Warrants Purchase Agreement (Vfinance Com)
Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), the Closings each Closing ("Closing") shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Convertible Debentures Shares purchased and the Warrants to the Investors, appropriate Investor and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.the
Appears in 1 contract
Samples: Common Stock and Warrants Purchase Agreement (Viragen Inc)
