Limitation of Draw Downs. The Company shall not make more than one Draw Down in each Pricing Period. At least 24 hours shall elapse between the completion of the settlement of one Draw Down in accordance with Section 3.5 below and the commencement of a Pricing Period for any other Draw Down during the Investment Period. Each Draw Down automatically shall expire immediately following the completion of the settlement thereof in accordance with Section 3.5 below.
Appears in 6 contracts
Samples: Common Stock Purchase Agreement (Santo Mining Corp.), Common Stock Purchase Agreement (Tauriga Sciences, Inc.), Common Stock Purchase Agreement (Terra Tech Corp.)
Limitation of Draw Downs. The Company shall not make more than one any Draw Down in each Pricing Perioduntil at least six trading days shall have elapsed from the date of the prior Draw Down Notice. At least 24 hours shall elapse between the completion of the settlement of one Draw Down in accordance with Section 3.5 below and the commencement of a Pricing Period for any other Draw Down during the Investment Period. Each Draw Down automatically shall expire immediately following the completion of the settlement thereof in accordance with Section 3.5 3.6 below.
Appears in 1 contract
Limitation of Draw Downs. The Company shall not make more than one Draw Down in each Pricing Period. At least 24 hours two (2) Trading Days shall elapse between the completion of the settlement of one Draw Down in accordance with Section 3.5 below and the commencement of a Pricing Period for any other Draw Down during the Investment Period. Each Draw Down automatically shall expire immediately following the completion of the settlement thereof in accordance with Section 3.5 below.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Liquidmetal Technologies Inc)
