Common use of Payment and Delivery of the Firm Securities Clause in Contracts

Payment and Delivery of the Firm Securities. (i) Delivery and payment for the Units shall be made at 10:00 a.m., Eastern time, on the second (2nd) Business Day following the effective date (the “Effective Date”) of the Registration Statement (as defined in Section 2.1.1 below) (or the third (3rd) Business Day following the Effective Date if the Registration Statement is declared effective after 4:01 p.m., Eastern time) or at such earlier time as shall be agreed upon by the Representative and the Company, at the offices of Carmel, Mxxxxxx & Fxxx LLP, 50 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Representative Counsel”), or at such other place (or remotely by facsimile or other electronic transmissions) as shall be agreed upon by the Representative and the Company. The hour and date of delivery and payment for the Units are called the “Closing Date.”

Payment and Delivery of the Firm Securities. (i) Delivery and payment for the Units shall be made at 10:00 a.m., Eastern time, on the second (2nd) Business Day following the effective date (the “Effective Date”) of the Registration Statement (as defined in Section 2.1.1 below) (or the third (3rd) Business Day following the Effective Date if the Registration Statement is declared effective after 4:01 p.m., Eastern time) or at such earlier time as shall be agreed upon by the Representative and the Company, at the offices of Carmel, Mxxxxxx Xxxxxxx & Fxxx Xxxx LLP, 50 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Representative Counsel”), or at such other place (or remotely by facsimile or other electronic transmissionstransmission) as shall be agreed upon by the Representative and the Company. The hour and date of delivery and payment for the Units are is called the “Closing Date.”

Payment and Delivery of the Firm Securities. (i) Delivery and payment for the Units Firm Shares shall be made at 10:00 a.m., Eastern time, on the second (2nd) Business Day following the effective date (the “Effective Date”) of the Registration Statement (as defined in Section 2.1.1 below) (or the third (3rd) Business Day following the Effective Date if the Registration Statement is declared effective after 4:01 p.m., Eastern time) or at such earlier time as shall be agreed upon by the Representative Representatives and the Company, at the offices of Carmel, Mxxxxxx Xxxxxxx & Fxxx Xxxx LLP, 50 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Representative Counsel”), or at such other place (or remotely by facsimile or other electronic transmissionstransmission) as shall be agreed upon by the Representative Representatives and the Company. The hour and date of delivery and payment for the Units are Firm Shares is called the “Closing Date.”

Payment and Delivery of the Firm Securities. (i) Delivery and payment for the Units shall be made at 10:00 a.m., Eastern timeDaylight Time, on the second (2nd) Business Day following the effective date (the “Effective Date”) of the Registration Statement (as defined in Section 2.1.1 below) (or the third (3rd) Business Day following the Effective Date if the Registration Statement is declared effective after 4:01 p.m., Eastern timeDaylight Time) or at such earlier time as shall be agreed upon by the Representative and the Company, at the offices of Carmel, Mxxxxxx Xxxxxxx & Fxxx Xxxx LLP, 50 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Representative Counsel”), or at such other place (or remotely by facsimile or other electronic transmissionstransmission) as shall be agreed upon by the Representative and the Company. The hour and date of delivery and payment for the Units are is called the “Closing Date.”