Subscription Amount. At each of the Closings, the Investor shall pay to the Corporation an amount equal to ninety percent (90%) of the principal amount of the Debentures purchased at such Closing (each, a Subscription Amount), net of, with respect to the First Closing only, the Commitment Fee (subject to Section 2.4 below) and, with respect to each Closing, the Transaction Expenses (subject to Section 2.5 below), by way of wire transfer of immediately available funds against delivery by the Corporation of definitive certificates representing the Debentures and the applicable Warrants.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Subscription Amount. At each of the Closings, the Investor shall pay to the Corporation an amount equal to ninety ninety-five percent (9095%) of the principal amount of the Debentures purchased at such Closing (each, a Subscription Amount), net of, with respect to the First Closing and the Second Closing only, the applicable portion of the Commitment Fee (subject to Section 2.4 below) and, with respect to each Closing, the Transaction Expenses (subject to Section 2.5 below), by way of wire transfer of immediately available funds against delivery by the Corporation of definitive certificates representing the Debentures and the applicable Warrants.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Subscription Amount. At each of the Closings, the Investor shall pay to the Corporation an amount equal to ninety percent (90%) of the principal amount of the Debentures (for clarity, excluding the Commitment Note) purchased at such Closing (each, a Subscription Amount), net of, with respect to the First Closing only, the Commitment Fee (subject to Section 2.4 below) and, with respect to each Closing, of the Transaction Expenses (subject to Section 2.5 below), by way of wire transfer of immediately available funds against delivery by the Corporation of definitive certificates representing the Debentures and the applicable Warrants.
Appears in 1 contract
Samples: Subscription Agreement
Subscription Amount. At each of the Closings, the Investor shall pay to the Corporation an amount equal to ninety ninety-five percent (9095%) of the principal amount of the Debentures purchased at such Closing (each, a Subscription Amount), net of, with respect to of the First Closing only, the applicable Commitment Fee (subject to Section 2.4 below) and, with respect to each Closing, the Fees and Transaction Expenses (subject to Section 2.5 below), by way of wire transfer of immediately available funds against delivery by the Corporation of definitive certificates representing the Debentures and the applicable Warrants.
Appears in 1 contract
Samples: Subscription Agreement
Subscription Amount. At each of the Closings, the Investor shall pay to the Corporation an amount equal to ninety ninety-five percent (9095%) of the principal amount of the Debentures purchased at such Closing (each, a Subscription Amount), net of, with respect to the First Closing only, the Commitment Fee (subject to Section 2.4 below) and, with respect to each Closing, the Transaction Expenses (subject to Section 2.5 below), by way of wire transfer of immediately available funds against delivery by the Corporation of definitive certificates representing the Debentures and the applicable Warrants.
Appears in 1 contract
Samples: Subscription Agreement