Common use of PLACE OF CLOSING AND PROCEDURE AT CLOSING Clause in Contracts

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Thousand Dollars ($12,000.00) shall be remitted and delivered to the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (Frozen Food Gift Group, Inc), Note Purchase Agreement (Frozen Food Gift Group, Inc)

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PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The the Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The the Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Twenty One Thousand Dollars ($12,000.0021,000.00) shall be remitted and delivered to the CompanyCompany and Two Thousand Five Hundred Dollars ($2,500.00) shall be retained by the Purchaser for the legal and administrative bills related to this transaction.

Appears in 2 contracts

Samples: Note Purchase Agreement (Frozen Food Gift Group, Inc), Note Purchase Agreement (Frozen Food Gift Group, Inc)

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Eleven Thousand Two Hundred Seventy Three Dollars ($12,000.0011,273.00) shall be remitted and delivered to the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Frozen Food Gift Group, Inc)

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The the Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The the Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Thousand Dollars seven thousand two hundred seventy two dollars ($12,000.007,272.00) shall be remitted and delivered to the CompanyCompany and three thousand five hundred dollars ($3,500.00) shall be retained by the Purchaser for the legal and administrative bills related to this transaction.

Appears in 1 contract

Samples: Note Purchase Agreement (Frozen Food Gift Group, Inc)

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The the Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The the Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Fifteen Thousand Dollars ($12,000.0015,000.00) shall be remitted and delivered to the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Frozen Food Gift Group, Inc)

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PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The the Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The the Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one three (13) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Thirteen Thousand Five Hundred Dollars ($12,000.0016,000.00) shall be remitted and delivered to the Company and One Thousand Five Hundred Dollars ($1,500) shall be paid to Equity Capital Investments, Inc. as a consulting fee on behalf of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (China Logistics Group Inc)

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The closing of the issuance of the Note to the Purchaser (the "Closing") shall take place, simultaneously with and upon the satisfaction of the following conditions: (1) The the Company’s execution and delivery to the Purchaser, the following: (A) an executed copy of this Agreement; (B) the Note; (C) a signed copy of the Irrevocable Instructions to the Transfer Agent; (D) the signed Certificate of Corporate Secretary; (E) the signed board resolution. (2) The the Purchaser’s execution and delivery to the Company, an executed copy of this Agreement and within 24 hours thereafter, the wire transfer of the Purchase Price to the Company in accordance with the wire transfer and other instructions for the wire transfer of the Purchase Price by the Purchaser no later than one (1) business days prior to the Closing with the Purchase Price to be remitted and delivered as follows: the sum of Twelve Twenty Two Thousand Five Hundred Dollars ($12,000.0022,500.00) shall be remitted and delivered to the Company, Two Thousand Five Hundred Dollars ($2,500) shall be retained by Purchaser for legal and document preparation fees related to this transaction in the form of an Original Issuance Discount, and Two Thousand Five Hundred Dollars ($2,500) shall be paid to Equity Capital Investments, Inc. as a consulting fee on behalf of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (China Logistics Group Inc)

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