Common use of Purchase and Issuance of the Units Clause in Contracts

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Closing Date (as defined below) the Initial Units for a purchase price of $2,250,000. On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscriber the certificates representing the Securities purchased.

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Closing Date (as defined below) the Initial Units for a purchase price in consideration of $2,250,000the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscriber the certificates representing the Securities purchased.

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscriber Subscribers hereby agrees agree to purchase from the Company, and the Company hereby agrees to sell to the SubscriberSubscribers, on the Closing Date (as defined below) the Initial Units for a purchase price in consideration of $2,250,000the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscriber Subscribers the certificates representing the Securities purchased.

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the each applicable Closing Date (as defined below) ), the Initial Primary Units for a purchase price and/or the Additional Units, as applicable, in consideration of $2,250,000the payment of the Purchase Price (as defined below). On the each Closing Date, or within a reasonable time after the applicable Closing Date, but in no event later than thirty (30) days after the such Closing Date, the Company shall deliver to the Subscriber the certificates representing the Securities purchased.