Subscription Amount definition
Examples of Subscription Amount in a sentence
Each Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser shall be made available for “Delivery Versus Payment” (“DVP”) settlement with the Company or its designee.
To the extent that a Purchaser’s beneficial ownership of the Units would otherwise be deemed to exceed the Beneficial Ownership Maximum, such Purchaser’s Subscription Amount shall automatically be reduced as necessary in order to comply with this paragraph.
The Company shall deliver to each Purchaser its respective Shares and/or Pre-Funded Warrants, , as applicable to such Purchaser and as indicated on such Purchaser’s signature page hereto and determined based on its respective Subscription Amount and election for Shares and/or Pre-Funded Warrants, and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing.
Unless otherwise directed by the Placement Agent, each Purchaser shall deliver, via wire transfer, immediately available funds equal to its Subscription Amount pursuant to Section 2.2(b)(ii).
For avoidance of doubt, at each Additional Closing, settlement of the Shares and/or Pre-Funded Warrants shall occur via DVP, and each Purchaser’s respective Subscription Amount for the applicable Additional Allocation shall be made available for DVP settlement with the Company or its designees.