Common use of Payment for the Shares Clause in Contracts

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature Bank, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters shall forward any checks so received by the Underwriters to the Escrow Agent by noon of the next business day. The Underwriters and the Company shall instruct Investors to make wire transfer payments to Signature Bank, ABA No. 000000000, 200 Xxxxxxx Xxxxxx, Xxx Xxxx, XX 00000, for credit to Signature Bank, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx Limited, Account No. [·]], with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 2 contracts

Samples: Underwriting Agreement (Dragon Victory International LTD), Underwriting Agreement (Dragon Victory International LTD)

AutoNDA by SimpleDocs

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature Bank, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters shall forward any checks so received by the Underwriters to the Escrow Agent by noon of the next business day. The Underwriters and the Company shall instruct Investors to make wire transfer payments to Signature Bank, ABA No. 000000000, 200 Xxxxxxx Xxxxxx, Xxx Xxxx, XX 00000, for credit to Signature Bank, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx LimitedMoleculin Biotech, Inc., Account No. [·]], with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (Moleculin Biotech, Inc.)

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C B hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters Underwriter receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature BankFinTech Clearing, LLC, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters Underwriter shall forward any checks so received by the Underwriters Underwriter to the Escrow Agent by noon of the next business day. The Underwriters Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature Pacific Mercantile Bank, ABA No. 000000000100000000, 200 Xxxxxxx Xxxxxx900 Xxxxx Xxxxx Xx., Xxx Xxxxx Xxxx, XX 00000, for credit to Signature BankFinTech Clearing, LLC, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx Asia Times Holdings Limited, Account No. [·]]____________, with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (Asia Times Holdings LTD)

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature BankFinTech Clearing, LLC, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters shall forward any checks so received by the Underwriters to the Escrow Agent by noon of the next business day. The Underwriters and the Company shall instruct Investors to make wire transfer payments to Signature Pacific Mercantile Bank, ABA No. 000000000, 200 Xxxxxxx Xxxxxx000 Xxxxx Xxxxx Xx., Xxx Xxxxx Xxxx, XX 00000, for credit to Signature BankFinTech Clearing, LLC, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx Fuqin Fintech Limited, Account No. [·]]00000000 , with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (Fuqin Fintech LTD)

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C B hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters Underwriter receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature BankFinTech Clearing, LLC, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters Underwriter shall forward any checks so received by the Underwriters Underwriter to the Escrow Agent by noon of the next business day. The Underwriters Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature Pacific Mercantile Bank, ABA No. 000000000100000000, 200 Xxxxxxx Xxxxxx900 Xxxxx Xxxxx Xx., Xxx Xxxxx Xxxx, XX 00000, for credit to Signature BankFinTech Clearing, LLC, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx ATIF Holdings Limited, Account No. [·]]____________, with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (ATIF Holdings LTD)

AutoNDA by SimpleDocs

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price of $5.00 per Share as set forth in Schedule C heretoShare. The purchase purchases of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement agreements by each such Investor of the Investors and the Company. In the event that the any of the Underwriters Underwriter receives any payment from an Investor in connection with the purchase of any Shares shares by such the Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature Bank, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters Underwriter shall forward any checks so received by the Underwriters Underwriter to the Escrow Agent agent by noon of the next business day. The Underwriters Underwriter and the Company shall instruct Investors to make wire transfer payments to Signature Bank, ABA No. 000000000, 200 000, Xxxxxxx Xxxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, for credit to Signature Bank, as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx LimitedCode Rebel Corporation, Account No. [·]]1502549061, with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (Code Rebel Corp)

Payment for the Shares. The Shares are being sold to the Investors at an aggregate initial public offering price per Share as set forth in Schedule C hereto. The purchase of Shares by each of the Investors shall be evidenced by the execution of a subscription agreement by each such Investor and the Company. In the event that the any of the Underwriters receives any payment from an Investor in connection with the purchase of any Shares by such Investor, such payment shall be promptly transmitted to and deposited into the escrow account (the “Escrow Account”) established by the Company in connection with this offering with Signature BankProvident Trust Group, as escrow agent (the “Escrow Agent”). Among other things, the Underwriters shall forward any checks so received by the Underwriters to the Escrow Agent by noon of the next business day. The Underwriters and the Company shall instruct Investors to make wire transfer payments to Signature [Citizens Business Bank, ABA No. 000000000, 200 00000 Xxxxxxx Xxxx., Xxx. 000, Xxxxxx, Xxx Xxxx, XX 00000], for credit to Signature Bank, [Provident Trust Group LLC as Escrow Agent for Dragon Vxxxxxx Xxxxxxxxxxxxx LimitedFOTV Media Networks, Inc., Account No. [·]046035739], with the name and address of the Investor making payment. Payment by the Investors out of the Escrow Account for the Shares to be sold by the Company shall be made at the Closing Date to the Company in straight compliance with Rule 15c2-4 of the Commission.

Appears in 1 contract

Samples: Underwriting Agreement (FOTV Media Networks Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.