Issuance and Payment Sample Clauses

Issuance and Payment. Subject to applicable law, the Certificate of Incorporation or these By-Laws, shares may be issued for such consideration and to such persons as the Board may determine from time to time. Shares may not be issued until the full amount of the consideration has been paid, unless upon the face or back of each certificate issued to represent any partly paid shares of capital stock there shall have been set forth the total amount of the consideration to be paid therefor and the amount paid thereon up to and including the time said certificate is issued.
Issuance and Payment. Subject to the provisions of the Act and this Agreement, including, without limitation, Section 3.10, Membership Interests may be issued for such consideration and to such persons as the Company may determine from time to time.
Issuance and Payment. The initial closing of the sale and purchase of at least two hundred twenty-two thousand two hundred twenty-two (222,222) shares of the Series C Stock will take place at the offices of BAY VENTURE COUNSEL, LLP, 0000 Xxxxxxxx Xxxxxx, Suite 1300, Oakland, California 94612, at 4:00 p.m. on September 14, 2000, or such other time and place as the parties may mutually agree (the "Initial Closing").
Issuance and Payment. Upon payment of the Purchase Price, the Corporation will deliver to the Investor a certificate registered in the name of the Investor, representing the Shares ("Certificate").
Issuance and Payment. Subject to the provisions of the Act and this Agreement, Membership Interests may be issued for such consideration and to such persons as the Company may determine from time to time. Membership Interests may not be issued until the full amount of the consideration has been paid, unless upon the face or back of each certificate issued to represent any partly paid Membership Interest there shall have been set forth the total amount of the consideration to be paid therefor and the amount paid thereon up to and including the time said certificate is issued.
Issuance and Payment. The Notes shall be issued pursuant to the Indenture and all Scheduled Payments, Redemption Payments and Repurchase Payments shall be made by electronic funds transfer or automated clearing house (i.e., ACH) remittance from the Trust Account by the Paying Agent in accordance with the Paying Agent Agreement. The Company shall pay funds into the Trust Account as needed to cover Scheduled Payments, Redemption Payments, Repurchase Payments, Trustee's Fees and Paying Agent Fees.
Issuance and Payment. The Notes shall be issued pursuant to the Indenture and all Scheduled Payments, Redemption Payments and Repurchase Payments shall be made by electronic funds transfer or automated clearing house (i.e., ACH) remittance from an account to be established by the Company for such purposes.
Issuance and Payment. The initial closing of the sale and purchase of the Series CC Stock pursuant to this Agreement will take place at the offices of BAY VENTURE COUNSEL, LLP, 0000 Xxxxxxxx Street, Suite 1300, Oakland, California 94612, at 4:00 p.m. on January 5, 2001, or such other time and place as the parties may mutually agree (the "Initial Closing").
Issuance and Payment. Additional Persons may be admitted to the Company as members in accordance with Section 2.1, and Units may be created and issued to those Persons and to existing members for such consideration and to such Persons as the Board may determine from time to time. Any such admission of a new member will not be effective until (a) such new member has agreed in writing to be bound by all of the terms of this Agreement as then in effect and (b) the full amount of the consideration has been paid, unless upon the face or back of each certificate issued to represent any partly paid Units there shall have been set forth the total amount of the consideration to be paid therefor and the amount paid thereon up to and including the time said certificate is issued.