Common use of Subscription and Payment Clause in Contracts

Subscription and Payment. Subject to the terms and conditions herein set forth, the undersigned (the "Investor") hereby subscribes for the number of shares of Preferred Stock set forth above. The investor agrees to deliver to the Company at the Closing (as defined below) the aggregate purchase price of $__________, payable in immediately available funds, for the shares of Preferred Stock subscribed for hereby.

Appears in 4 contracts

Samples: Subscription Agreement (Acrodyne Communications Inc), Subscription Agreement (Acrodyne Communications Inc), Subscription Agreement (Acrodyne Communications Inc)

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Subscription and Payment. Subject to the terms and conditions herein set forth, the undersigned (the "Investor") hereby subscribes for the number of shares of Preferred Stock set forth above. The investor Investor agrees to deliver to the Company at the Closing (as defined below) the aggregate purchase price of $__________set forth above, payable in immediately available funds, for the shares of Preferred Stock subscribed for hereby.

Appears in 3 contracts

Samples: Subscription Agreement (Scorpion Acrodyne Investors LLC), Subscription Agreement (Newlight Associates L P), Subscription Agreement (Newlight Associates L P)

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