Common use of Purchase of Convertible Debentures Clause in Contracts

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & Butler, as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal Pxxxxxxs, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ns8 Corp)

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Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherXxxxx Xxxxxxxx, Brody & ButlerEsq., as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsPoseidis, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Poseidis Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I heretohereto and the Shares. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherGottbetter & Partners, Brody & Butler, LLP as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsStrikeForce Technologies, LP"Inc., which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (StrikeForce Technologies Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerXxxxxx Xxxxxxxx LLP, as Escrow Agent for NS8 CorporatxxxSassoon Group, Inc/Xxxxxxx Xxxxxal PxxxxxxsCornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bib Holdings LTD)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerButler Gonzalez LLP, as Escrow Agent for NS8 CorporatxxxPacer Health Corporation/Coxxxxx Xxxxxxx Xxxxxal PxxxxxxsXartners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacer Health Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherDavid Gonzalez, Brody & ButlerEsq., as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsEnclaves Group, Inc./Xxxxxxx Xxxxtal Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Enclaves Group Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing the Closings (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closingthe Closings, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerButler Gonzalez LLP, as Escrow Agent for NS8 Corporatxxx/Advanced Viral Research Corp. / Xxxxxxx Xxxxxal PxxxxxxsXxxital Partners, LPLP ", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Advanced Viral Research Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherDavid Gonzalez, Brody & ButlerEsq., as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsEsxxxx Xxxxx xxx DirectView, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Directview Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerXxxxxx Xxxxxxxx LLP, as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsWWAP, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (WWAP, Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerButler Gonzalez LLP, as Escrow Agent for NS8 Corporatxxx/Advanced Viral Research Corx. / Xxxxxxx Xxxxxal PxxxxxxsXxpital Partners, LPLP ", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Advanced Viral Research Corp)

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Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherXxxxx Xxxxxxxx, Brody & ButlerEsq., as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsPoseidis, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Poseidis Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherDavid Gonzalez, Brody & ButlerEsq., as Escrow Agent for NS8 Corporatxxx/City Network, Inc./Cornell Xxxxxxx Xxxxxal PxxxxxxsXxxxners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (City Network Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Gallagher, Brody & ButlerXxxxxx Xxxxxxxx LLP, as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsTeleplus Enterprises Inc. /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Teleplus Enterprises Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherDavid Gonzalez, Brody & ButlerEsq., as Escrow Agent for NS8 CorporatxxxCepTor Corporation/Cornell Xxxxxxx Xxxxxal PxxxxxxsXxxxners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (CepTor CORP)

Purchase of Convertible Debentures. Subject to the satisfaction (or ------------------------------------- waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "GallagherWachovia, Brody & ButlerN.A., as Escrow Agent for NS8 Corporatxxx/Xxxxxxx Xxxxxal PxxxxxxsDaleco Resources Corporation/ Cornell Capital Partners, LPLP ", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Daleco Resources Corp)

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