Common use of Form of Payment; Delivery of Certificates Clause in Contracts

Form of Payment; Delivery of Certificates. (i) The Investor shall pay the Purchase Price for the relevant Preferred Stock by delivering immediately available good funds in United States Dollars to Company on the relevant Closing Date. (ii) No later than two days after the relevant Closing Date, but in any event promptly following payment by the Investor of the relevant Purchase Price, the Company shall deliver one or more certificates representing the Preferred Stock and, if relevant to the transactions to be consummated on that Closing Date, each duly executed on behalf of the Company and issued in the name of the Investor (collectively, the "Certificates") to the Escrow Agent. (iii) By signing this Agreement, each of the Investor and the Company agrees to all of the terms and conditions of, and becomes a party to, the Joint Escrow Instructions, all of the provisions of which are incorporated herein by this reference as if set forth in full.

Appears in 3 contracts

Samples: Preferred Securities Purchase Agreement (Markland Technologies Inc), Preferred Securities Purchase Agreement (Markland Technologies Inc), Preferred Securities Purchase Agreement (Markland Technologies Inc)

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Form of Payment; Delivery of Certificates. (i) The Investor Lender shall pay the Purchase Price for the relevant Preferred Stock Debentures by delivering immediately available good funds in United States Dollars to Company on the relevant Escrow Agent no later than the date prior to the Closing Date. (ii) No later than two days after the relevant Closing Date, but in any event promptly following payment by the Investor Lender to the Escrow Agent of the relevant Purchase Price, the Company shall deliver one or more certificates representing the Preferred Stock and, if relevant to the transactions to be consummated on that Closing DateCertificates, each duly executed on behalf of the Company and issued in the name of the Investor (collectivelyLender, the "Certificates") to the Escrow Agent. (iii) By signing this Agreement, each of the Investor Lender and the Company Company, subject to acceptance by the Escrow Agent, agrees to all of the terms and conditions of, and becomes a party to, the Joint Escrow Instructions, all of the provisions of which are incorporated herein by this reference as if set forth in full.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Stockgroup Com Holdings Inc), Securities Purchase Agreement (Computerized Thermal Imaging Inc)

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Form of Payment; Delivery of Certificates. (i) The Investor Investors shall pay the Purchase Price Aggregate Amount for the relevant Preferred Stock Shares and the Warrants by delivering immediately available good funds in United States Dollars to Company on the relevant Escrow Agent no later than the date prior to the Closing Date. (ii) No later than two days after the relevant Closing Date, but in any event promptly following payment by the Investor Investors to the Escrow Agent of the relevant Purchase PriceAggregate Amount, the Company shall deliver one or more certificates representing the Preferred Stock and, if relevant to Shares and the transactions to be consummated on that Closing DateWarrants, each duly executed on behalf of the Company and issued in the name of the Investor (collectivelyInvestors, the "Certificates") to the Escrow Agent. (iii) By signing this Agreement, each of the Investor Investors and the Company agrees Company, subject to acceptance by the Escrow Agent, agree to all of the terms and conditions of, and becomes a party to, the Joint Escrow Instructions, all of the provisions of which are incorporated herein by this reference as if set forth in full.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Semotus Solutions Inc)

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