Common use of Use of Firm Capital Increase Amount Clause in Contracts

Use of Firm Capital Increase Amount. The funds deposited in the Firm Capital Increase Account shall, upon registration of the Firm Capital Increase pursuant to Section 3(c) and upon request by the Representative, be transferred to a separate account of the Company with UBS AG and shall, in such case, remain so deposited for the account of the Company until the earlier of: (i) the issuance of the Firm Shares to the Underwriters as set forth in Section 3(d) on the First Closing Date; and (ii) the date of receipt by the Representative on behalf of the several Underwriters of the proceeds of (A) the sale of the Firm Shares as set forth in Sections 15(b), 15(c) or 15(e) or (B) the Capital Reduction as set forth in Section 15(d), as the case may be. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Firm Capital Increase Account pursuant to this Section 3(e) shall be payable directly to the Capital Increase Bank by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Auris Medical Holding AG)

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Use of Firm Capital Increase Amount. The funds deposited in the Firm Capital Increase Account shall, upon registration of the Firm Capital Increase pursuant to Section 3(c4(c) and upon request by the RepresentativeCompany, be transferred to a separate account of the Company with UBS AG [●] and shall, in such case, remain so deposited for the account of the Company until the earlier of: (i) the issuance of the Firm Shares Securities to the Underwriters as set forth in Section 3(d4(d) on the First Closing Date; and (ii) the date of receipt by the Representative Representatives on behalf of the several Underwriters of the proceeds of (A) the sale of the Firm Shares Securities as set forth in Sections 15(b14(b), 15(c14(c) or 15(e14(e) or (B) the Capital Reduction as set forth in Section 15(d14(d), as the case may be. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Firm Capital Increase Account pursuant to this Section 3(e4(e) shall be payable directly to the Capital Increase Bank by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (ObsEva SA)

Use of Firm Capital Increase Amount. The funds deposited in the Firm Capital Increase Account shall, upon registration of the Firm Capital Increase pursuant to Section 3(c15(e) and upon request by the RepresentativeCompany, be transferred to a separate account of the Company with UBS Switzerland AG and shall, in such case, remain so deposited for the account of the Company until the earlier of: (i) the issuance delivery of the Firm Underwritten Shares to the Underwriters as set forth in Section 3(d2(c) on the First Closing Date; and (ii) the date of receipt by the Representative on behalf of the several Underwriters of the proceeds of (A) the sale of the Firm Underwritten Shares as set forth in Sections 15(b17(b), 15(c17(c) or 15(e17(e) or (B) the Capital Reduction as set forth in Section 15(d17(d), as the case may be. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Firm Capital Increase Account pursuant to this Section 3(e) 15 shall be payable directly to the Capital Increase Bank by the Company.

Appears in 1 contract

Samples: Underwriting and Placement Agency Agreement (ObsEva SA)

Use of Firm Capital Increase Amount. The funds deposited in the Firm Capital Increase Account shall, upon registration of the Firm Capital Increase pursuant to Section 3(c4(c) and upon request by the RepresentativeCompany, be transferred to a separate account of the Company with UBS AG the Representatives and shall, in such case, remain so deposited for the account of the Company until the earlier of: (i) the issuance of the Firm Shares Company Securities to the Underwriters as set forth in Section 3(d4(d) on the First Closing Date; and (ii) the date of receipt by the Representative Representatives on behalf of the several Underwriters of the proceeds of (A) the sale of the Firm Shares Company Securities as set forth in Sections 15(b14(b), 15(c14(c) or 15(e14(e) or (B) the Capital Reduction as set forth in Section 15(d14(d), as the case may be. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Firm Capital Increase Account pursuant to this Section 3(e4(c) shall be payable directly to the Capital Increase Bank by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (AC Immune SA)

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Use of Firm Capital Increase Amount. The funds deposited in the Firm Capital Increase Account shall, upon registration of the Firm Capital Increase pursuant to Section 3(c4(c) and upon request by the RepresentativeCompany, be transferred to a separate account of the Company with UBS AG the Representatives and shall, in such case, remain so deposited for the account of the Company until the earlier of: (i) the issuance of the Firm Shares Securities to the Underwriters as set forth in Section 3(d4(d) on the First Closing Date; and (ii) the date of receipt by the Representative Representatives on behalf of the several Underwriters of the proceeds of (A) the sale of the Firm Shares Securities as set forth in Sections 15(b14(b), 15(c14(c) or 15(e14(e) or (B) the Capital Reduction as set forth in Section 15(d14(d), as the case may be. Any fees payable to the Capital Increase Bank for any transfer of the funds deposited in the Firm Capital Increase Account pursuant to this Section 3(e4(e) shall be payable directly to the Capital Increase Bank by the Company.

Appears in 1 contract

Samples: Underwriting Agreement (AC Immune SA)

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