Number of Shares and Purchase Price. Buyer subscribes Debenture in an initial principal amount equal to the Original Principal Amount set forth on the signature page hereto against payment by wire transfer or other form acceptable to the Company, in the amount of the Commitment Amount (less any offset of expenses as permitted hereunder). The undersigned acknowledges that this Agreement and the subscription represented hereby shall not be effective unless accepted by the Company as indicated below.
Appears in 4 contracts
Samples: Securities Purchase Agreement (QPC Lasers), Securities Purchase Agreement (QPC Lasers), Securities Purchase Agreement (QPC Lasers)