Common use of Procedure of Settlement Clause in Contracts

Procedure of Settlement. 4.1. The Investment under the Agreement is determined in the monetary form, the main currency is USA dollars (hereafter – USD). If so agreed, the Parties may accommodate transferring the investment in other currency. 4.2. The Investment is delivered by the Investor in accordance with the conditions of the Agreement by means of transferring the desired sum to the account of the Investment Recipient. The Investment sum is stated in the Schedules to the present Agreement. 4.3. The Investment sum is shown in the Personal account of the Investor during seven business days from the moment when the funds are credited to the account of the Investment Recipient. 4.4. After the Investment sum is actually delivered by the Investor and shown in the Personal account, the Investor gets the right to choose and get the desired Package of Shares in accordance with the established for the Investor Price list within the range of the available funds sum. 4.5. The Investment Recipient reserves the right to unilaterally introduce amendments to the Rules of making investment to provide effective implementation of the investment Project. Such amendments come into force from the moment of placing the amended text in the personal account of the investor unless another effective date is additionally specified there. 4.6. The way of transferring the Investment under the Agreement is crediting the monetary funds by the Investor in USA dollars or other currency agreed by the Parties to the account of the Investment Recipient stated in the Personal account of the Investor. The payment obligations of the Investor under the Agreement are considered to be fulfilled from the day when the monetary funds are credited to the account of the Investment Recipient and choosing the desired share package for investment as stipulated in clause 4.4 of the present Agreement. 4.7. The Investor has the right to increase the sum of investment in accordance with the current Price list on a common basis.

Appears in 7 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Procedure of Settlement. 4.1. The Investment under the Agreement is determined in the monetary form, the main currency is USA dollars (hereafter – USD). If so agreed, the Parties may accommodate transferring the investment in other currency. 4.2. The Investment is delivered by the Investor in accordance with the conditions of the Agreement by means of transferring the desired sum to the account of the Investment Recipient. The Investment sum is stated in the Schedules to the present Agreement. 4.3. The Investment sum is shown in the Personal account of the Investor during seven business days from the moment when the funds are credited to the account of the Investment Recipient. 4.4. After the Investment sum is actually delivered by the Investor and shown in the Personal account, the Investor gets the right to choose and get the desired Package of Shares in accordance with the established for the Investor Price list within the range of the available funds sum. 4.5. The Investment Recipient reserves the right to unilaterally introduce amendments to the Rules of making investment to provide effective implementation of the investment Project. Such amendments come into force from the moment of placing the amended text in the personal account of the investor unless another effective date is additionally specified there. 4.6. The way of transferring the Investment under the Agreement is crediting the monetary funds by the Investor in USA dollars or other currency agreed by the Parties to the account of the Investment Recipient stated in the Personal account of the Investor. The payment obligations of the Investor under the Agreement are considered to be fulfilled from the day when the monetary funds are credited to the account of the Investment Recipient and choosing the desired share package for investment as stipulated in clause 4.4 of the present Agreement. 4.7. The Investor has the right to increase the sum of investment in accordance with the current Price list on a common basis.

Appears in 1 contract

Samples: Investment Agreement

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Procedure of Settlement. 4.1. The Investment under the Agreement is determined in the monetary form, the main currency is USA dollars (hereafter – USD). If so agreed, the Parties may accommodate transferring the investment in other currency. 4.2. The Investment is delivered by the Investor in accordance with the conditions of the Agreement by means of transferring the desired sum to the account of the Investment Recipient. The Investment sum is stated in the Schedules to the present Agreement. 4.3. The Investment sum is shown in the Personal account of the Investor during seven business days from the moment when the funds are credited to the account of the Investment Recipient. 4.4. After the Investment sum is actually delivered by the Investor and shown in the Personal account, the Investor gets the right to choose and get the desired Package of Shares in accordance with the established for the Investor Price list within the range of the available funds sum. 4.5. The Investment Recipient reserves the right to unilaterally introduce amendments to the Rules of making investment to provide effective implementation of the investment Project. Such amendments come into force from the moment of placing the amended text in the personal account of the investor unless another effective date is additionally specified there. 4.6. The way of transferring the Investment under the Agreement is crediting the monetary funds by the Investor in USA dollars or other currency agreed by the Parties to the account of the Investment Recipient stated in the Personal account of the Investor. The payment obligations of the Investor under the Agreement are considered to be fulfilled from the day when the monetary funds are credited to the account of the Investment Recipient and choosing the desired share package for investment as stipulated in clause 4.4 of the present Agreement.the 4.7. The Investor has the right to increase the sum of investment in accordance with the current Price list on a common basis.

Appears in 1 contract

Samples: Investment Agreement

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