Second Subscription definition
Examples of Second Subscription in a sentence
Subject to the terms and conditions of this Agreement, in consideration of the aforesaid issuance, sale, conveyance, assignment, transfer and delivery to the Purchaser of 47,619,000 Units, the Purchaser shall pay to the Company the Second Subscription Amount.
Prior to the Closing Date, the Purchaser shall have the option of investing any portion of the Second Subscription Amount into an uplisting transaction for the Company.
G Mining hereby represents and warrants that (i) as of the First Closing Date, ▇▇ ▇▇▇▇▇▇’▇ Ownership Interest will be at least 19.8% and (ii) as of the date of closing of the Second Subscription (the Second Closing Date), ▇▇ ▇▇▇▇▇▇’▇ Ownership Interest will be at least 25%.
The terms of this Agreement together with the First Subscription Agreement, the Second Subscription Agreement and the warrant certificates express and constitute the entire agreement between the parties in respect of the matters referred to herein.
After receipt of an Election Notice by the Company and on or prior to the Second Closing Date, the Purchaser shall deliver to the Company the Second Subscription Amount via wire transfer of immediately available funds to an account designated in writing by the Company or by other means approved by the Company on or prior to the Second Closing Date.
For the purposes of this clause 46, ‘restricted information’ means any information obtained by the Authority in the exercise of its functions which relates to the business or other affairs of any person, except for information: which at the time of the disclosure is or has already been made available to the public from other sources; or which is in the form of a summary or collection of information so framed as not to enable information relating to any particular person to be ascertained from it.
Capitalized terms used in this Section 4(b) shall have the meaning given to them in the Second Subscription Agreement (as defined below).
The Issuer shall fulfil the following conditions upon Second Subscription Amount: 12 To be retained only if the transaction features a co-signatory/lien arrangement.
The Company hereby authorizes and directs Purchaser to make its payment of the Second Subscription Amount under Section 2.2(b)(i) of the SPA by wire transfer to the account specified in Exhibit C hereto.
The Second Subscription Agreement is hereby terminated in its entirety as of the Effective Date and, from and after the Effective Date, shall be null and void and of no further force or effect.