Common use of Payment for Securities Clause in Contracts

Payment for Securities. Payment for the Common Shares and the Warrants shall be received by the Company from the Investors by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, at the price per Common Share and the price per Warrant set forth in Section 1. At the Closing, following the receipt by the Company of the entire portion of the Purchase Price payable by an Investor, the Company shall deliver (a) a copy of the irrevocable instructions to the Company’s transfer agent instructing the transfer agent to deliver to such Investor, on an expedited basis, a certificate evidencing the number of Common Shares set forth opposite such Investor’s name on Schedule I, registered in the name of such Investor and bearing the legend set forth in Section 10 and (b) a Warrant certificate, substantially in the form attached hereto as Exhibit A, registered in the name of such Investor to purchase up to a number of Warrant Shares set forth opposite such Investor’s name on Schedule I (such Warrant certificate to be delivered as promptly as practicable after the Closing Date but in no event more than three business days after the Closing Date).

Payment for Securities. Payment for the Common Shares and the Warrants shall be received by the Company from the Investors by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, at the price per Common Share and the price per Warrant set forth in Section 1. At the Closing, following the receipt by the Company of the entire portion of the Purchase Price payable by an Investor, the Company shall deliver (a) a copy of the irrevocable instructions to the Company’s transfer agent instructing the transfer agent to deliver to such Investor, on an expedited basis, a certificate evidencing the number of Common Shares set forth opposite such Investor’s name on Schedule I, registered in the name of such Investor and bearing the legend set forth in Section 10 and (b) a Warrant certificate, substantially in the form attached hereto as Exhibit A, registered in the name of such Investor to purchase up to a number of Warrant Shares set forth opposite such Investor’s name on Schedule I (such Warrant certificate to be delivered as promptly as practicable after the Closing Date but in no event more than three (3) business days after the Closing Date).

Payment for Securities. Payment for the Common Shares and the Warrants shall be received by the Company from the Investors in United States dollars by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, at the price per Common Share and the price per Warrant set forth in Section 1. At the Closing, following the receipt by the Company of the entire portion of the Purchase Price payable by an Investor, the Company shall deliver (a) a copy of the irrevocable instructions to the Company’s transfer agent instructing the transfer agent to deliver to such Investor, on an expedited basis, a certificate evidencing the number of Common Shares set forth opposite such Investor’s name on Schedule I, registered in the name of such Investor and bearing the legend set forth in Section 10 and (b) a copy of a Warrant certificate, substantially in the form attached hereto as Exhibit A, registered in the name of such Investor Investor, to purchase up to a the number of Warrant Shares set forth opposite such Investor’s name on Schedule I (the original of such Warrant certificate to be delivered to such Investor as promptly as practicable after the Closing Date but in no event more than three (3) business days after the Closing Date).