Common use of Purchase of Debentures and Warrants Clause in Contracts

Purchase of Debentures and Warrants. Upon the terms and subject to the satisfaction or waiver of the conditions set forth herein, the Company agrees to sell and each Investor agrees to purchase (i) a Debenture with a principal amount equal to the amount set forth below such Investor’s name on the signature pages hereof and (ii) a Warrant. The purchase price for the Debenture and Warrant being purchased by an Investor (the “Purchase Price”) shall be equal to the principal amount of such Debenture. The date on which the closing of the purchase and sale of the Debentures and Warrants occurs (the “Closing”) is hereinafter referred to as the “Closing Date”. The Closing will be deemed to occur when (A) this Agreement and the other Transaction Documents (as defined below) have been executed and delivered by the Company, the Guarantor Subsidiary and each Investor (which delivery may be effected by facsimile transmission other than in respect of the Mortgage), (B) each of the conditions to Closing described in Section 5 hereof has been satisfied or waived as specified therein and (C) full payment of each Investor’s Purchase Price has been made by such Investor to the Company by wire transfer of immediately available funds against physical delivery by the Company of duly executed certificates representing the Debenture and Warrant purchased by such Investor at the Closing. The Closing shall occur at the offices of Xxxxxx, Xxxx & Xxxxxxxx LLP at 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000.

Purchase of Debentures and Warrants. Upon the terms and subject to the satisfaction or waiver of the conditions set forth herein, the Company agrees to sell and each Investor agrees to purchase (i) a Debenture with a having the principal amount equal to the amount set forth below such Investor’s 's name on the signature pages hereof hereof, and (ii) a Warrant. The purchase price for the Debenture and Warrant being purchased by an Investor (the “"Purchase Price”") shall be equal to the principal amount of set forth below its signature to this Agreement, and the Purchase Price shall be allocated between such DebentureDebenture and Warrant as may be agreed between the Company and such Investor. The date on which the closing of the purchase and sale of the Debentures and Warrants occurs (the “"Closing”") is hereinafter referred to as the “"Closing Date”". The Subject to the satisfaction or waiver of the conditions set forth herein, the Closing will be deemed to occur when (A) this Agreement and the other Transaction Documents (as defined below) have been executed and delivered by the Company, the Guarantor Subsidiary and each Investor (which delivery may be effected by facsimile transmission other than in respect of the Mortgage), (B) each of the conditions to Closing described in Section 5 hereof has been satisfied or waived as specified therein and (C) full payment of each Investor’s 's Purchase Price has been made by all such Investor Investors to the Company by wire transfer of immediately available funds against physical delivery by the Company of duly executed certificates representing originals of the Debenture Debentures and Warrant Warrants purchased by all such Investor Investors at the Closing. The Closing shall occur at the offices of Xxxxxx, Xxxx & Xxxxxxxx LLP at 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000.

Purchase of Debentures and Warrants. Upon the terms and subject to the satisfaction or waiver of the conditions set forth herein, the Company agrees to sell and each Investor agrees to purchase (i) a Debenture with a the principal amount equal to of the amount Debentures set forth below such Investor’s 's name on the signature pages hereof hereof, and (ii) a Series A Warrant and a Series B Warrant. The purchase price for the Debenture Debentures and Warrant Warrants being purchased by an Investor (the “"Purchase Price”") shall be equal to the principal amount of set forth below its signature to this Agreement, and the Purchase Price shall be allocated between such DebentureDebentures and Warrants as may be agreed between the Company and such Investor. The date on which the closing of the purchase and sale of the Debentures and Warrants occurs (the “"Closing”") is hereinafter referred to as the “"Closing Date”". The Subject to the satisfaction or waiver of the conditions set forth herein, the Closing will be deemed to occur when (A) this Agreement and the other Transaction Documents (as defined below) have been executed and delivered by the Company, the Guarantor Subsidiary and each Investor (which delivery may be effected by facsimile transmission other than in respect of the Mortgage), (B) each of the conditions to Closing described in Section 5 hereof has been satisfied or waived as specified therein and (C) full payment of each Investor’s 's Purchase Price has been made by all such Investor Investors to the Company by wire transfer of immediately available funds against physical delivery by the Company of duly executed certificates representing originals of the Debenture Debentures and Warrant Warrants purchased by such Investor at the Closing. The Closing shall occur at the offices of Xxxxxx, Xxxx & Xxxxxxxx LLP at 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000.

Purchase of Debentures and Warrants. Upon the terms and subject to the satisfaction or waiver of the conditions set forth herein, the Company agrees to sell and each Investor Purchaser agrees to purchase (i) a Debenture with a principal amount equal to the amount set forth below such Investor’s Purchaser's name on the signature pages hereof and (ii) a Warrant. The purchase price for the Debenture and Warrant being purchased by an Investor a Purchaser (the “"Purchase Price”") shall be equal to the principal amount of such Debenture, provided that the Purchase Price shall be allocated between such Debenture and Warrant as may be agreed between the Company and such Purchaser. The aggregate Purchase Price to be paid by all of the Purchasers for the Debentures and Warrants shall be equal to Five Million Dollars ($5,000,000). The date on which the closing of the purchase and sale of the Debentures and Warrants occurs (the “"Closing”") is hereinafter referred to as the “"Closing Date”". The Closing will be deemed to occur when (A) this Agreement and the other Transaction Documents (as defined below) have been executed and delivered by the Company, the Guarantor Subsidiary and each Investor (which delivery may be effected by facsimile transmission other than in respect of the Mortgage), (B) each all of the conditions to Closing described set forth in Section 5 hereof has this Agreement have been satisfied or waived as specified therein waived, and (CB) full payment of each Investor’s Purchaser's Purchase Price has been made by such Investor Purchaser to the Company by wire transfer of immediately available funds against physical delivery by the Company of duly executed certificates representing the Debenture and Warrant purchased by such Investor Purchaser at the Closing. The Closing shall occur at the offices of Xxxxxx, Xxxx & Xxxxxxxx LLP at 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000.