Purchase of Debentures. Upon the signing of this Agreement, the Company shall sell to the Buyer and the Buyer agrees to purchase from the Company Debentures in the aggregate principal amount equal to the Subscription Amount. The Buyer acknowledges that at Pre-Closing the Company shall immediately have the right to make full use of the Subscription Amount and that the delivery of the Debentures by the Company to Buyer shall occur at Closing.
Appears in 3 contracts
Samples: Securities Purchase Agreement (HYBRID Coating Technologies Inc.), Securities Purchase Agreement (EPOD Solar Inc.), Securities Purchase Agreement (EPOD Solar Inc.)
Purchase of Debentures. Upon the signing of this Agreement, the Company shall sell to the Buyer and the Buyer agrees to purchase from the Company Debentures in the aggregate principal amount equal to the Subscription Amount. The Buyer acknowledges that at Pre-Closing the Company shall immediately have the right to make full use of the Subscription Amount and that the delivery of the Debentures by the Company to Buyer shall occur at Closing.
Appears in 2 contracts
Samples: Securities Purchase Agreement (HYBRID Coating Technologies Inc.), Securities Purchase Agreement (HYBRID Coating Technologies Inc.)
