Common use of Early Put Clause in Contracts

Early Put. The Company shall issue and sell and the Investor shall purchase, on the Subscription Date, shares of the Common Stock for an Investment Amount of $1,000,000 at the Purchase Price on the Subscription Date (the "Early Put Shares"). For the purpose only of such Early Put, the Investor waives the requirements of Section 2.2, and the conditions set forth in paragraphs (a) and (b) of Section 7.2 hereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Franklin Telecommunications Corp), Stock Purchase Agreement (Crescent International LTD)

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Early Put. The Company shall issue and sell and the Investor shall purchase, on the Subscription Date, shares of the Common Stock for an Investment Amount of $1,000,000 3,500,000 at the Purchase Price on the Subscription Date (such transaction is referred to herein as the "Early Put," and all such shares are referred to herein as the "Early Put Shares"). For the purpose only of such Early Put, the Investor waives the requirements of Section 2.2, and the conditions set forth in paragraphs (a) and (b) of Section 7.2 hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fibercore Inc)

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Early Put. The Company shall issue and sell and the Investor shall purchase, on the Subscription Date, shares of the Common Stock for an Investment Amount of $1,000,000 1,900,000 at the Purchase Price on the Subscription Date (such transaction is referred to herein as the "Early Put," and all such shares are referred to herein as the "Early Put Shares"). For the purpose only of such Early Put, the Investor waives the requirements of Section 2.2, and the conditions set forth in paragraphs (a) ), (b), and (bm) of Section 7.2 hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Access Technologies Inc)

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