Third Closing Subscription Amount definition

Third Closing Subscription Amount means, as to an Investor, (a) the aggregate amount to be paid for the Shares and/or Pre-Funded Warrants purchased hereunder at the Third Closing as specified opposite such Investor’s name on Annex I attached hereto, under the column entitled “Third Closing Aggregate Purchase Price,” in U.S. Dollars and in immediately available funds or (b) the forfeiture of the right to receive a portion of the Shares to be issued at the Third Closing pursuant to the terms of Section 3.3(d).
Sample 1Sample 2
Third Closing Subscription Amount shall have the meaning ascribed to such term in Section 2.1.
Sample 1Sample 2
Third Closing Subscription Amount means $10,000,000, in United States dollars and in immediately available funds.
Sample 1

Examples of Third Closing Subscription Amount in a sentence

  • At the Third Closing, each Purchaser shall deliver to the Company, via wire transfer or a certified check, immediately available funds equal to such Purchaser’s Third Closing Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Note, and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Third Closing.

  • The Purchaser shall deliver to the Company via wire transfer or a certified check immediately available funds equal to the Third Closing Subscription Amount and the Company shall deliver to the Purchaser the Third Closing Shares.

  • On the Third Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and each Purchaser, severally and not jointly, agrees to purchase, up to an aggregate of $364,000 in Principal Amount of the Debentures (corresponding to an aggregate Third Closing Subscription Amount of up to $325,000).

  • On the Third Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and each Purchaser, severally and not jointly, agrees to purchase, such Purchaser’s Third Closing Subscription Amount as set forth on the signature page hereto executed by such Purchaser (an aggregate of $200,000.00) in principal amount of the Debentures.

  • Xxxxx for Talisman Management Limited Title: Director of Palisades Master Fund, L.P. Address for Notice: Citco Building Wickhams Cay P.X. Xxx 000 Xxxx Xxxx Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxx Fax: 1 000 000 0000 Tel: 1 000 000 0000 Attn: Kxxxx Xxxx First Closing Subscription Amount: $275,000 Second Closing Subscription Amount: $275,000 Third Closing Subscription Amount: $305,555 With a copy to: Fxxxxxx Wxxxxxxxx LLP 400 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Rxxxxx X.

  • Further, the parties hereby agree to waive the requirement that the Third Closing Subscription Amount equal $1,000,000, and agree to proceed with a partial Third Closing, and expressly reserve the right to proceed with an additional Third Closing for up to $750,000, subject to the terms and conditions of the Purchase Agreement.

  • The Subsequent Third Closing Subscription Amount may be funded from time to time in increments less than $750,000, but shall otherwise be funded in accordance with Section 2.1(c) of the Purchase Agreement.

  • At the Third Closing, each Purchaser shall deliver to the Company, via wire transfer or a certified check, immediately available funds equal to such Purchaser’s Third Closing Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Debenture, 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 Third Closing.

  • Further, the parties hereby agree to waive the requirement that the Third Closing Subscription Amount equal $1,000,000, and agree to proceed with partial Third Closings, and expressly reserve the right to proceed with additional Third Closings for up to $750,000 in the aggregate, subject to the terms and conditions of the Purchase Agreement.

  • The Company will receive the Third Closing Subscription Amount, if the applicable reports, as certified by the Chief Restructuring Officer, confirm production of a minimum of 1384 barrels of oil during the month of September 2014.


More Definitions of Third Closing Subscription Amount

Third Closing Subscription Amount means $2,500,000 (i.e., the aggregate amount to be paid by the Purchaser for the purchase of the Debenture and Warrant to be issued by the Company on the Third Closing Date, reflecting that such Debenture is to be issued with a 10% original issue discount to the face amount thereof).
Sample 1

Related to Third Closing Subscription Amount

  • Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for Shares and Warrants purchased hereunder as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Subscription Amount,” in United States dollars and in immediately available funds.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Second Closing has the meaning set forth in Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).