Common use of Issuance of Commitment Shares Clause in Contracts

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 shares of Common Stock (the “Commitment Shares”) on the Business Day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant hereto. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Lightning eMotors, Inc.)

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Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause the Transfer Agent to be issued to issue, on the Investor a total date of 299,491 shares of this Agreement, 48,856 Common Stock Shares (the “Commitment Shares”) on directly to the Business Day immediately following the date of this Agreement Investor electronically as DWAC Shares and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions (as defined below) with respect to the issuance of such the Commitment Shares pursuant heretoShares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Cardiome Pharma Corp)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 437,828 shares of Common Stock (the “Commitment Shares”) on the Business Day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant heretoon the date of filing of the Initial Prospectus Supplement. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Celsion CORP)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause the Transfer Agent to be issued to issue, on the Investor a total date of 299,491 this Agreement, 362,115 shares of Common Stock (the “Commitment Shares”) on directly to the Business Day immediately following the date of this Agreement Investor electronically as DWAC Shares and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions (as defined below) with respect to the issuance of such the Commitment Shares pursuant heretoShares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement Purchase Agreement (Us Geothermal Inc)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause the Transfer Agent to be issued to issue, on the Investor a total date of 299,491 this Agreement, 651,819 shares of Common Stock (the “Commitment Shares”) on directly to the Business Day immediately following the date of this Agreement Investor electronically as DWAC Shares and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions (as defined below) with respect to the issuance of such the Commitment Shares pursuant heretoShares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Us Geothermal Inc)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 625,000 shares of Common Stock (the “Commitment Shares”) on the Business Day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant hereto. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Tonix Pharmaceuticals Holding Corp.)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to issue on the Investor a total date of 299,491 shares of Common Stock this Agreement 2,203,812 Ordinary Shares (the “Commitment Shares”) on to the Business Day immediately following the date of this Agreement Investor and shall deliver to procure that the Transfer Agent immediately following update the execution Register of this Agreement Members in respect of such issue and promptly provide an extract of the Irrevocable Transfer Agent Instructions with respect updated Register of Members to the issuance Investor which shows the issue of such the Commitment Shares pursuant heretoto the Investor. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Stealth BioTherapeutics Corp)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 600,000 shares of Common Stock (the “Commitment Shares”) on the Business Day trading day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant hereto. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Tonix Pharmaceuticals Holding Corp.)

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Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 701,262 shares of Common Stock (the “Commitment Shares”) on the Business Day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant hereto. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Berkshire Grey, Inc.)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total Investor, immediately upon the execution of 299,491 this Agreement, 540,000 shares of Common Stock (collectively, the “Commitment Shares”) on the Business Day immediately following the date of this Agreement and shall deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such the Commitment Shares pursuant heretoand the Initial Purchase Shares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares (other than the Initial Purchase Shares) are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Plandai Biotechnology, Inc.)

Issuance of Commitment Shares. In consideration for Immediately upon the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor a total of 299,491 as consideration for the Investor entering into this Agreement 8,750,000 shares of Common Stock (the "Commitment Shares”) on the Business Day immediately following the date of this Agreement and Shares")and shall deliver to the Transfer Agent immediately following on the execution date of this Agreement the Initial Irrevocable Transfer Agent Instructions with respect to the issuance of such the Commitment Shares pursuant heretoand the Initial Purchase Shares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Advanced Cell Technology, Inc.)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause the Transfer Agent to be issued to issue, on the Investor a total date of 299,491 this Agreement, 470,711 shares of Common Stock (the “Commitment Shares”) on directly to the Business Day immediately following the date of this Agreement Investor and shall deliver to the Transfer Agent immediately following on the execution date of this Agreement the Initial Irrevocable Transfer Agent Instructions with respect to the issuance of such the Commitment Shares pursuant heretoShares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.. 15

Appears in 1 contract

Samples: Purchase Agreement (Pure Bioscience, Inc.)

Issuance of Commitment Shares. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be issued to the Investor Investor, not later than one (1) Business Day after the date hereof, a total of 299,491 73,659 shares of Common Stock (the “Commitment Shares”) and shall, on the Business Day immediately following the date of this Agreement and shall hereof, deliver to the Transfer Agent immediately following the execution of this Agreement the Irrevocable Transfer Agent Instructions with respect to the issuance of such Commitment Shares pursuant heretoShares. For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Eterna Therapeutics Inc.)

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