Subscription Procedures. The purchase price for the Debentures shall be paid simultaneously with the execution and delivery to the Company of the signature page of this Purchase Agreement, which signature and delivery may take place through digital online means. Each Purchaser shall deliver a signed copy of this Purchase Agreement, along with payment for the aggregate purchase price of the Debenture(s) set opposite its name on Exhibit A in accordance with the online payment process established by the Intermediary. Payment for the Debentures shall be received by North Capital Private Securities (the “Escrow Agent”) from the Purchaser by transfer of immediately available funds or other means approved by the Company prior to the applicable Closing, in the amount set opposite the Purchaser’s name as set forth on Exhibit A hereto and otherwise in accordance with the Intermediary’s payment processing instructions. Upon the Initial Closing and each Additional Closing, the Escrow Agent shall release such funds to the Company and each Purchaser shall receive notice and evidence of the digital entry of the Debenture purchased as reflected on the books and records of the Company.
Appears in 4 contracts
Samples: Convertible Debenture Purchase Agreement, Convertible Debenture Purchase Agreement, Convertible Debenture Purchase Agreement
