Examples of Subsequent Subscription Date in a sentence
These characteristics have to do with the number of visits of a program, the qualifications of the visitors, and the content of the program.
On the Subsequent Subscription Date: (i) Purchaser shall direct the Subsequent Unit Escrow agent to, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, pay the Subsequent Unit Purchase Price to the Company for the Subsequent Unit; and (ii) the Company shall deliver to the Subsequent Unit Escrow agent a certificate representing the Subsequent Unit.
The representations and warranties of the Company under this Agreement shall be true and correct on the Initial Closing Date (or, if applicable, the Subsequent Subscription Date).
This Agreement has been duly executed and delivered by the Company and, at the Closing and the Subsequent Subscription Date, each of the Subscription Shares and the Transaction Documents to which the Company is a party and which is delivered as of that date will be duly executed and delivered by the Company.
On the Subsequent Subscription Date, the Company agrees to sell to Purchaser, and Purchaser irrevocably subscribes for and agrees to purchase from Company the Subsequent Unit for the Subsequent Unit Purchase Price.
The terms of the Subsequent Unit Escrow shall require at a minimum that: (1) the Subsequent Unit Escrow agent maintain in the Purchaser’s name the Subsequent Unit Purchase Price until the Subsequent Subscription Date; and (2) upon delivery by the Company to the Subsequent Unit Escrow agent of a certificate representing the Subsequent Unit, the Subsequent Unit Escrow agent shall immediately pay the Subsequent Unit Purchase Price to the Company.
Subject to the satisfaction (or waiver) of the conditions set forth in Sections 7 and 8 below, the Company shall sell and issue to Purchaser, and Purchaser shall purchase from the Company on the Subsequent Subscription Date the Subsequent Unit for the Subsequent Unit Purchase Price.
Each of the representations and warranties made by the Company in this Agreement shall be true and correct in all material respects as of the date when made and as of the Closing Date as though originally made at that time and the Company shall have performed, satisfied and complied in all material respects with each of the covenants and obligations of the Company in this Agreement to be performed or satisfied by it on or prior to the Closing Date or the Subsequent Subscription Date as applicable.
The issuance of the Subscription Shares has been, or by the time of the Closing or Subsequent Subscription Date (as applicable), will be, duly authorized, and upon issuance in accordance with the terms of the Transaction Documents will be validly issued, fully paid and non-assessable, and free from all preemptive or similar rights, taxes, liens, charges and other encumbrances with respect to the issue thereof.
Purchaser shall have delivered (a) to the Escrow Agent the Initial Unit Purchase Price for the Initial Unit being purchased by Purchaser at the Closing or (b) to the Subsequent Unit Escrow agent the Subsequent Unit Purchase Price for the Subsequent Unit being purchased by Purchaser on the Subsequent Subscription Date, as the case may be.