Common use of Payment for Regular Purchase Shares Clause in Contracts

Payment for Regular Purchase Shares. If the Company delivers a valid Regular Purchase Notice to Investor and delivers the Pre-Settlement Regular Purchase Shares in accordance with the terms herein, then the Investor shall pay to the Company an amount equal to the Purchase Amount with respect to such Regular Purchase as full payment for such Purchase Shares via wire transfer of immediately available funds on the first Business Day following the date that the Investor receives the Pre-Settlement Regular Purchase Shares, if such Purchase Shares are received by the Investor before 1:00 p.m., Eastern time, or, if such Purchase Shares are received by the Investor after 1:00 p.m., Eastern time, the following Business Day.

Appears in 5 contracts

Samples: Purchase Agreement (Alpine 4 Holdings, Inc.), Purchase Agreement (Remark Holdings, Inc.), Purchase Agreement (Logiq, Inc.)

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