Common use of Payment for the Offered Securities Clause in Contracts

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to Signature. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to Signaturethe Escrow Agent. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire or ACH transfers to Signaturethe Escrow Agent. Upon Signaturethe Escrow Agent’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signaturethe Escrow Agent, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature the Escrow Agent and held until Signature the Escrow Agent determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature the Escrow Agent will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signaturethe Escrow Agent’s account. Among other things, the Underwriter shall forward any checks wires so received by the Underwriter to Signature the Escrow Agent by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire or ACH transfer payments to Signature the Escrow Agent with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.

Payment for the Offered Securities. The Company shall deliver to the Initial Purchasers one or more certificates representing the Offered Securities are being sold in definitive form, registered in such names and denominations as the Initial Purchasers may request, against payment by the Initial Purchasers of the purchase price therefor by immediately available Federal funds bank wire transfer to such bank account or accounts as the Company shall designate to the Investors Initial Purchasers at an aggregate initial public offering price per Security least two business days prior to the applicable Closing Date. The certificates representing the Offered Securities in definitive form shall be made available to the Initial Purchasers for inspection at the New York offices of Paul, Hastings, Xxxxxxxx & Xxxxxx LLP (or such other place as set forth shall be reasonably acceptable to the Initial Purchasers) not later than 10:00 a.m. one business day immediately preceding the applicable Closing Date. Offered Securities to be represented by one or more definitive global securities in book-entry form will be deposited on the applicable Closing Date, by or on behalf of the Company, with The Depository Trust Company (“DTC”) or its designated custodian, and registered in the Prospectus. The purchase name of Offered Securities by Cede & Co. On each applicable Closing Date, the Company will deposit a portion of the Investors shall be evidenced by net proceeds realized from the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price sale of the Offered Securities, payable to Signature. In compliance with Rule 15c2-4 under Securities into an escrow account (the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited “Escrow Account”) pursuant to the offering deposit account. Pursuant terms of an Escrow Agreement (the “Escrow Agreement”) to an offering deposit account agency agreement be entered into by and among the Company, the Underwriter Guarantors and Signaturean escrow agent, to be held by such escrow agent for the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt benefit of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which holders of the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection amount that, together with the purchase of any Offered Securities by such Investorproceeds from the investment thereof, such payment shall will be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors sufficient to make wire transfer the first four interest payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for on the Offered Securities being sold on such Closing Date. The escrowed interest may only be used to be sold make such interest payments, or to make such other payments as required by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the CommissionIndenture.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities Units by wire for the full purchase price of the Offered SecuritiesUnits, payable to Signature. After the Initial Closing, Investors may make a payment for their Units in United States Dollars. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities Units purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities Units purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire (i) Payment for the full purchase price of the Offered SecuritiesFirm Securities and Pre-Funded Warrants, payable to Signature. In compliance with Rule 15c2-4 under the Exchange Actif any, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the First Closing Date (and, if applicable, at each Option Closing Date) by wire transfer of immediately available funds to the order of the Company. Payment for the Optional Shares, if any, to be sold by the Company shall be made at the applicable Option Closing Date by wire transfer of immediately available funds to the order of the Company. (ii) It is understood that the Representatives have been authorized, for their own accounts and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Firm Securities and any Optional Shares the Underwriters have agreed to purchase. Xxxxxxx Xxxxx & Co. LLC, individually and not as the Representatives of the Underwriters, may (but shall not be obligated to) make payment for any Offered Securities to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the First Closing Date or the applicable Option Closing Date, as the case may be, for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement. (iii) Notwithstanding the foregoing, the Company and the Representatives shall instruct purchasers of the Pre-Funded Warrants to make payment for the Pre-Funded Warrants on the First Closing Date to Xxxxxxx Xxxxx & Co. LLC by wire transfer in immediately available funds to the account specified by the Xxxxxxx Xxxxx & Co. LLC at a purchase price of $27.799 per Pre-Funded Warrant, and the Company shall deliver the Pre-Funded Warrants to such purchasers on the Closing Date in compliance with Rule 15c2-4 definitive form against such payment, in lieu of the CommissionCompany’s obligation to deliver such Pre-Funded Warrants to the Underwriters; provided, that, upon receipt by Xxxxxxx Xxxxx & Co. LLC of payment for the Pre-Funded Warrants, Xxxxxxx Xxxxx & Co. LLC shall promptly (but in no event later than the Closing Date), pay $27.0206 per such Pre-Funded Warrant to the Company by wire transfer in immediately available funds to the account specified by the Company. In the event that the purchasers of the Pre-Funded Warrants fail to make payment to the Representatives for all or part of the Pre-Funded Warrants on the Closing Date, the Representatives may elect, by written notice to the Company, to purchase additional Shares in lieu of all or a portion of such Pre-Funded Warrants, to be delivered to the Underwriters under this Agreement at the price per Share listed in Section 2(a).

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to Signaturethe Escrow Agent. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire or ACH transfers to Signaturethe Escrow Agent. Upon Signaturethe Escrow Agent’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signaturethe Escrow Agent, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature the Escrow Agent and held until Signature the Escrow Agent determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature the Escrow Agent will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signaturethe Escrow Agent’s account. Among other things, the Underwriter shall forward any checks wires so received by the Underwriter to Signature the Escrow Agent by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire or ACH transfer payments to Signature the Escrow Agent with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date or the Option Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to Signature. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the First Closing Date (and, if applicable, at each Option Closing Date) by wire transfer of immediately available funds to the Company in compliance with Rule 15c2-4 order of the CommissionCompany. Payment for the Offered Securities to be sold by the Selling Shareholders shall be made at the First Closing Date (and, if applicable, at each Option Closing Date) by wire transfer of immediately available funds to the order of the Custodian. It is understood that the Representatives have been authorized, for their own accounts and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Firm ADSs and any Optional ADSs the Underwriters have agreed to purchase. Jefferies and Xxxxxx Xxxxxxxx, each individually and not as the Representatives of the Underwriters, may (but shall not be obligated to) make payment for any Offered Securities to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the First Closing Date or the applicable Option Closing Date, as the case may be, for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement. Each Selling Shareholder hereby agrees that (i) it will pay all stock transfer taxes, stamp duties and other similar taxes, if any, payable upon the sale or delivery of the Offered Securities to be sold by such Selling Shareholder to the several Underwriters, or otherwise in connection with the performance of such Selling Shareholder’s obligations hereunder and (ii) the Custodian is authorized to deduct for such payment any such amounts from the proceeds to such Selling Shareholder hereunder and to hold such amounts for the account of such Selling Shareholder with the Custodian under the Custody Agreement.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities Units by wire for the full purchase price of the Offered SecuritiesUnits, payable to Signature. After the Initial Closing, Investors may make a payment for their Units in United States Dollars or with the Bitcoin or Ether cryptocurrencies. Investors making a payment for Units in Bitcoin or Ether will be provided with the Company’s public key so that such Investor can transfer cryptocurrency payment directly to the Company’s digital wallet. Any cryptocurrency accepted by the Company will be converted into United States Dollars. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities Units purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities Units purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to Signature. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to Signature. Upon Signature’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and Signature, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature and held until Signature determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into Signature’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature with the name and address of the Investor making payment. (i) Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date by wire transfer of immediately available funds to the order of the Company. (ii) It is understood that Jefferies has been authorized, for its own account and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Shares and the Pre-Funded Warrants the Underwriters have agreed to purchase. Jefferies, individually and not as a Representative of the Underwriters, may (but shall not be obligated to) make payment for any Offered Securities to be purchased by any Underwriter whose funds shall not have been received by Jefferies by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement. (iii) Notwithstanding the foregoing, the Company and the Representatives shall instruct purchasers of the Pre-Funded Warrants to make payment for the Pre-Funded Warrants on the Closing Date to the Company by wire transfer in compliance with Rule 15c2immediately available funds to the account specified by the Company at a purchase price of $2.999 per Pre-4 Funded Warrant, in lieu of payment by the Underwriters for such Pre-Funded Warrants, and the Company shall deliver the Pre-Funded Warrants to such purchasers on the Closing Date in definitive form against such payment, in lieu of the CommissionCompany’s obligation to deliver such Pre-Funded Warrants to the Underwriters; provided that, upon receipt by the Company of payment for the Pre-Funded Warrants, the Company shall promptly (but in no event later than the Closing Date), pay $0.18 per such Pre-Funded Warrant to the Underwriters by wire transfer in immediately available funds to the account specified by the Representatives. In the event that the purchasers of the Pre-Funded Warrants fail to make payment to the Representatives for all or part of the Pre-Funded Warrants on the Closing Date, the Representatives may elect, by written notice to the Company, to purchase additional Shares in lieu of all or a portion of such Pre-Funded Warrants, to be delivered to the Underwriters under this Agreement at the price per Share listed in Section 2(a).

Payment for the Offered Securities. The Offered Securities are being sold to the Investors at an aggregate initial public offering price per Security as set forth in the Prospectus. The purchase of Offered Securities by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. Investors shall pay for their Offered Securities by wire for the full purchase price of the Offered Securities, payable to SignatureEscrow Agent. In compliance with Rule 15c2-4 under the Exchange Act, the Company and the Underwriter will instruct Investors to deliver all cash in the form of wire transfers to SignatureEscrow Agent. Upon SignatureEscrow Agent’ s receipt of such monies, they shall be credited to the offering deposit account. Pursuant to an offering deposit account agency agreement among the Company, the Underwriter and SignatureEscrow Agent, the funds received in payment for Offered Securities purchased in the Offering will be wired to a non-interest bearing offering deposit account at Signature JX Xxxxxx Chase and held until Signature Escrow Agent determines that the amount in the offering deposit account is equal to at least the Minimum Subscription Amount. Upon confirmation of receipt of the Minimum Subscription Amount, Signature Escrow Agent will release the funds in accordance with the written instructions provided by the Company and the Underwriter, indicating the date on which the Offered Securities purchased in the Offering are to be delivered to the Investors and the date the net proceeds are to be delivered to the Company. In the event that the Underwriter receives any payment from an Investor in connection with the purchase of any Offered Securities by such Investor, such payment shall be promptly transmitted to and deposited into SignatureEscrow Agent’s account. Among other things, the Underwriter shall forward any checks so received by the Underwriter to Signature Escrow Agent by noon of the next business day. The Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature Escrow Agent with the name and address of the Investor making payment. Payment by the Investors out of the escrow account for the Offered Securities to be sold by the Company shall be made at the Closing Date to the Company in compliance with Rule 15c2-4 of the Commission.