Second Subscription Amount definition
Examples of Second Subscription Amount in a sentence
Each Purchaser shall deliver to the Company, via wire transfer to the bank account of ENvue, immediately available funds equal to such Purchaser’s Second Subscription Amount and the Company shall deliver to each Purchaser its respective shares of Preferred Stock and accompanying Second Warrants, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Second Closing.
On the Second Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, (i) up to an aggregate of 2,222 Second Shares with an aggregate Stated Value of $2,222,222, for an aggregate Second Subscription Amount of $2,000,000 as set forth on the signature pages hereto executed by the Purchasers and (ii) the Second Warrants.