Common use of Subscription Acceptance Clause in Contracts

Subscription Acceptance. The Purchase Price will be paid into the accounts of SELLER, not into an escrow or other segregated account, at the time of PURCHASER’s subscription and payment for the Shares issued and sold by SELLER pursuant to this Agreement. The funds paid by the PURCHASERS to SELLER pursuant to the terms of this Agreement will be subject to the creditors of SELLER upon payment by PURCHASER to SELLER. The purchase, sale and issuance of the Shares pursuant to this Agreement shall take place at the offices of Sheppard, Mullin, Xxxxxxx & Xxxxxxx LLP, 000 Xxxxx Xxxx Xxxxxx, Xxxxx-Xxxxx Xxxxx, Xxx Xxxxxxx, Xxxxxxxxxx 00000, or such other location as the parties shall mutually agree, no later than the second business day following the satisfaction or waiver of the conditions provided in Articles 5 and 6 of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lianluo Smart LTD), Stock Purchase Agreement (Guardion Health Sciences, Inc.)

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Subscription Acceptance. The Purchase Price will be paid into the accounts of SELLER, not into an escrow or other segregated account, at the time of PURCHASER’s subscription and payment for the Shares issued and sold by SELLER pursuant to this Agreement. The funds paid by the PURCHASERS to SELLER pursuant to the terms of this Agreement will be subject to the creditors of SELLER upon payment by PURCHASER to SELLER. The purchase, sale and issuance of the Shares pursuant to this Agreement shall take place at the offices of Sheppard, Mullin, Xxxxxxx Rxxxxxx & Xxxxxxx Hxxxxxx LLP, 000 300 Xxxxx Xxxx Xxxxxx, Xxxxx-Xxxxx Xxxxx, Xxx Xxxxxxx, Xxxxxxxxxx 00000, or such other location as the parties shall mutually agree, no later than the second business day following the satisfaction or waiver of the conditions provided in Articles 5 and 6 of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Guardion Health Sciences, Inc.), Stock Purchase Agreement (Lianluo Smart LTD)

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Subscription Acceptance. The Purchase Price will be paid into the accounts of SELLER, not into an escrow or other segregated account, at the time of PURCHASER’s subscription and payment for the Shares Securities issued and sold by SELLER pursuant to this Agreement. The funds paid by the PURCHASERS to SELLER pursuant to the terms of this Agreement will be subject to the creditors of SELLER upon payment by PURCHASER to SELLER. The purchase, sale and issuance of the Shares Securities pursuant to this Agreement shall take place at the offices of Sheppard, Mullin, Xxxxxxx Rxxxxxx & Xxxxxxx Hxxxxxx LLP, 000 300 Xxxxx Xxxx Xxxxxx, Xxxxx-Xxxxx Xxxxx, Xxx Xxxxxxx, Xxxxxxxxxx 00000, or such other location as the parties shall mutually agree, no later than the second business day following the satisfaction or waiver of the conditions provided in Articles 5 and 6 of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Guardion Health Sciences, Inc.)

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