Payment of the Subscription Price. The Subscription Price is due and payable by the Investor on the date of Validation. It is payable by debit from the Financial Account exclusively.
Payment of the Subscription Price. 4.1 The issue of the Bonds shall take place on the day (the “Issue Date”) that is (i) three (3) Business Days after the later of the date of the Shareholders’ Meeting and the date that all required regulatory approvals for the issuance of the Bonds and the issuance of Shares upon conversion of the Bonds have been obtained by the Company or (ii) such other date agreed upon by the Company and the Subscribers in writing; provided that in no event shall the Issue Date be any later than 31 December 2004. If the Issue Date does not occur on or prior to 31 December 2004, this Agreement will terminate automatically on 1 January 2005, except as described in sections 5.3 and 14.
Payment of the Subscription Price. At the Issuance Closing, in consideration of the Issuance consummated on the terms and subject to the conditions set forth in this Section 2.3, (i) the Seller shall cause the Seller Designated Investment Entity to, pay to the Purchaser an amount, in cash, in RMB, equal to the Upfront Share Subscription Price, and (ii) the Seller and the Seller Designated Investment Entity, without duplication, shall incur obligations to pay or cause to be paid an amount, in cash, in RMB, equal to the Deferred Share Subscription Price, which shall be payable at such times and in such amounts as the Deferred Retained IP Payments are paid pursuant to Section 2.5(c), provided, that if obligations to pay Deferred Retained IP Payments are extinguished in accordance with Section 2.5(c) in consideration for the Deferred IP Payment Notes, the Seller shall, or shall cause the Seller Designated Investment Entity to, pay to the Purchaser within two (2) Business Days of such occurrence any remaining balance of the Subscription Price not previously paid to the Purchaser.
Payment of the Subscription Price. 6.1.1 Immediately after the subscription to the Bonds, the Issuer submits to Mintos Marketplace an order in the form provided in Exhibit 6.1.1 (“Registration Order”) to initially record the Bonds in the Issuance Account. The initial recording of the Bonds is final when the Bonds are book entered in the Issuance Account.
6.1.2 The Subscriber pays the Purchase Price to the Issuer on the Issue Date by a transfer of the Purchase Price to the bank account indicated in the Offer. Immediately after the Purchase Price has been credited to the Issuer’s bank account, the Issuer shall submit an order to Mintos Marketplace to transfer the Bonds from the Issuance Account to the financial instruments account of the Subscriber indicated in the Acceptance Notice. The transfer of the Bonds is final when these Bonds are debited from the Issuance Account and credited to the financial instruments account indicated in the Acceptance Notice.
6.1.3 The Issue Date shall be set by the Subscriber and the Issuer but in any event not later than 5 Business Days after the delivery of the Acceptance Notice by the Subscriber to the Issuer or such other date agreed between the Parties in writing and provided that the Mortgage, Share Pledge and the Receivables Pledge are properly registered with the relevant public registers and that the Issuer has procured Insurance for the relevant Properties.
Payment of the Subscription Price. 6.1.1 The Subscriber shall pay to the Issuer the aggregate Subscription Price for the Bonds subscribed by it within [●] Business Days after acceptance of the Offer by the Subscriber.
6.1.2 If the Subscriber does not accept the Offer for the entire number of Bonds as set out in section 4.1, the Subscriber shall pay the aggregate Subscrip- tion Price for the Bonds subscribed by it within [●] Business Days after the latest of (i) acceptance of the Offer by the Subscriber and (ii) notification by the Issuer (e-mail suffices) that the Parent has subscribed for the re- maining Bonds in accordance with section 5.1.1.
Payment of the Subscription Price. 6.1.1 Without prejudice to Clause 6.1.2, the Subscriber shall pay to the Issuer the aggregate Subscription Price for the Bonds subscribed by it within [●] Business Days after acceptance of the Offer by the Subscriber.
6.1.2 If the Subscriber does not accept the Offer for the entire number of Bonds as set out in section 4.1, the Subscriber shall pay the aggregate Subscrip- tion Price for the Bonds subscribed by it within [●] Business Days after the latest of (i) acceptance of the Offer by the Subscriber and (ii) notification by the Issuer (e-mail and providing a document evidencing funds standing on the same account whereto the Subscriber would make the fund transfer suffice) that the Parent or another person approved by the Subscriber which has completed the customary KYC/AML checks reasonably acceptable to the Subscriber has subscribed for the remaining Bonds in accordance with sec- tion 5.1.1. and paid to the Issuer the entire amount payable for those Bonds.
Payment of the Subscription Price. At the Initial Closing, the Investor will purchase the Subscribed Shares and the Warrant and pay the Subscription Price as follows:
(1) the cash portion of the Subscription Price shall be paid by wire transfer of immediately available funds to an account designated in writing by the Corporation; and
(2) the Mogo Shares, if any, to be issued in satisfaction of any portion of the Subscription Price will be issued to the Corporation by way of: (a) (i) a book entry only position or other electronic deposit on the records of the Investor’s transfer agent, together with delivery of an ownership statement to the Corporation; or (ii) the deposit of a certificate evidencing the Mogo Shares to The Canadian Depository for Securities Limited as depository, for credit to the participant and brokerage account of the Corporation, as directed by the Corporation; or (b) physical delivery of a certificate representing the Mogo Shares registered in the name of the Corporation or in such other name as the Corporation shall notify the Investor in writing not less than two Business Days prior to the Initial Closing.
Payment of the Subscription Price. On the Closing Date (with due regard to Section 12.2 below), Buyers shall pay-in to the Company, in consideration for the subscription of all Available New Shares, an amount in BRL equal to the result of (x) the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, multiplied by (y) the number of Available New Shares, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which Buyer is responsible for) (“IVL Subscription Price”), by wire transfer of immediately available funds (transferência eletrônica disponível – XXX) to the Company’s bank account identified in Schedule 2.3 or other bank account in Brazil appointed by the Company no later than 3 Business Days prior to the Closing Date.
Payment of the Subscription Price. Payment of the Subscription Price, must be made by wire transfer of immediately available funds to the account of the Rights Offering Subscription Agent. Other than in the case of Backstop Parties, the funds must be received in the account of the Rights Offering Subscription Agent at or prior to the Rights Offering Expiration Time. In the event that the funds received by the Rights Offering Subscription Agent from any Eligible Holder (other than a Backstop Party) do not correspond to the applicable Subscription Price payable for the Rights Offering Securities elected to be subscribed for by such Eligible Holder, the amount of the Rights Offering Securities deemed to be subscribed for such Eligible Holder will be the lesser of (a) the amount of the Rights Offering Securities elected to be subscribed for by such Eligible Holder as evidenced by the relevant Subscription Form and (b) the amount of the Rights Offering Securities that correspond to the funds received, in each case rounded in accordance with Section 8 hereof; provided that the amount of Rights Offering Securities deemed to be subscribed for will not be greater than such amount of Rights Offering Securities allocable to such Holder’s Aggregate Subscription Price. The cash paid to the Rights Offering Subscription Agent in accordance with these Rights Offering Procedures will be deposited and held by the Rights Offering Subscription Agent in a segregated account established pursuant to an agreement in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Debtors, until released in connection with the settlement of the Rights Offering on the Effective Date. The Rights Offering Subscription Agent may not use such cash for any other purpose prior to the Effective Date and may not encumber or permit such cash to be encumbered with any lien or similar encumbrance. The cash held by the Rights Offering Subscription Agent hereunder shall not be deemed part of the Debtors’ bankruptcy estates.
Payment of the Subscription Price. Purchaser hereby acknowledges receipt of the Subscribed Shares and the Corporation hereby acknowledges receipt of the Subscription Price, by way of certified cheque or bank draft. It is understood that the entire Subscription Price shall be added to the stated capital account of the Class A Common Shares.
