Common use of Payment of Closing Purchase Price for New Class B Preferred Clause in Contracts

Payment of Closing Purchase Price for New Class B Preferred. At the Closing, each Investor shall pay its portion of the Closing Purchase Price for the shares of New Class B Preferred to be acquired by such Investor under Section 2.1 by wire transfer of immediately available funds to an account designated in writing by the Company.

Appears in 2 contracts

Samples: Investment Agreement (O'Gara Group, Inc.), Investment Agreement (O'Gara Group, Inc.)

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Payment of Closing Purchase Price for New Class B Preferred. At the Closing, each Investor shall pay its portion of the Closing Purchase Price for the shares of New Class B Preferred to be acquired by such Investor under Section 2.1 3.1 by wire transfer of immediately available funds to an account designated in writing by the Company.

Appears in 2 contracts

Samples: Investment and Recapitalization Agreement (O'Gara Group, Inc.), Investment and Recapitalization Agreement (O'Gara Group, Inc.)

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