Payment of the Subscription Price. 4.1 The issue of the Bonds shall take place on the day (the “Issue Date”) that is (i) three (3) Business Days after the later of the date of the Shareholders’ Meeting and the date that all required regulatory approvals for the issuance of the Bonds and the issuance of Shares upon conversion of the Bonds have been obtained by the Company or (ii) such other date agreed upon by the Company and the Subscribers in writing; provided that in no event shall the Issue Date be any later than 31 December 2004. If the Issue Date does not occur on or prior to 31 December 2004, this Agreement will terminate automatically on 1 January 2005, except as described in sections 5.3 and 14.4. The Issue Date shall be a Business Day and shall be notified by the Company to the Subscribers no later than three (3) Business Days prior to such date.
Payment of the Subscription Price. 6.1.1 Without prejudice to Clause 6.1.2, the Subscriber shall pay to the Issuer the aggregate Subscription Price for the Bonds subscribed by it within [●] Business Days after acceptance of the Offer by the Subscriber.
Payment of the Subscription Price. At the Issuance Closing, in consideration of the Issuance consummated on the terms and subject to the conditions set forth in this Section 2.3, (i) the Seller shall cause the Seller Designated Investment Entity to, pay to the Purchaser an amount, in cash, in RMB, equal to the Upfront Share Subscription Price, and (ii) the Seller and the Seller Designated Investment Entity, without duplication, shall incur obligations to pay or cause to be paid an amount, in cash, in RMB, equal to the Deferred Share Subscription Price, which shall be payable at such times and in such amounts as the Deferred Retained IP Payments are paid pursuant to Section 2.5(c), provided, that if obligations to pay Deferred Retained IP Payments are extinguished in accordance with Section 2.5(c) in consideration for the Deferred IP Payment Notes, the Seller shall, or shall cause the Seller Designated Investment Entity to, pay to the Purchaser within two (2) Business Days of such occurrence any remaining balance of the Subscription Price not previously paid to the Purchaser.
Payment of the Subscription Price. On the Closing Date (with due regard to Section 12.2 below), Buyers shall pay-in to the Company, in consideration for the subscription of all Available New Shares, an amount in BRL equal to the result of (x) the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, multiplied by (y) the number of Available New Shares, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which Buyer is responsible for) (“IVL Subscription Price”), by wire transfer of immediately available funds (transferência eletrônica disponível – XXX) to the Company’s bank account identified in Schedule 2.3 or other bank account in Brazil appointed by the Company no later than 3 Business Days prior to the Closing Date.
Payment of the Subscription Price. Such Subscriber shall have fully paid its Subscription Price, as and when due hereunder.
Payment of the Subscription Price. At the Initial Closing, the Investor will purchase the Subscribed Shares and the Warrant and pay the Subscription Price as follows:
Payment of the Subscription Price. Payment of the Subscription Price, must be made by wire transfer of immediately available funds to the account of the Rights Offering Subscription Agent. Other than in the case of Backstop Parties, the funds must be received in the account of the Rights Offering Subscription Agent at or prior to the Rights Offering Expiration Time. In the event that the funds received by the Rights Offering Subscription Agent from any Eligible Holder (other than a Backstop Party) do not correspond to the applicable Subscription Price payable for the Rights Offering Securities elected to be subscribed for by such Eligible Holder, the amount of the Rights Offering Securities deemed to be subscribed for such Eligible Holder will be the lesser of (a) the amount of the Rights Offering Securities elected to be subscribed for by such Eligible Holder as evidenced by the relevant Subscription Form and (b) the amount of the Rights Offering Securities that correspond to the funds received, in each case rounded in accordance with Section 8 hereof; provided that the amount of Rights Offering Securities deemed to be subscribed for will not be greater than such amount of Rights Offering Securities allocable to such Holder’s Aggregate Subscription Price. The cash paid to the Rights Offering Subscription Agent in accordance with these Rights Offering Procedures will be deposited and held by the Rights Offering Subscription Agent in a segregated account established pursuant to an agreement in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Debtors, until released in connection with the settlement of the Rights Offering on the Effective Date. The Rights Offering Subscription Agent may not use such cash for any other purpose prior to the Effective Date and may not encumber or permit such cash to be encumbered with any lien or similar encumbrance. The cash held by the Rights Offering Subscription Agent hereunder shall not be deemed part of the Debtors’ bankruptcy estates.
Payment of the Subscription Price. Subject to the Terms and Conditions, on the Subscription Date, the Subscriber shall:
Payment of the Subscription Price. Purchaser hereby acknowledges receipt of the Subscribed Shares and the Corporation hereby acknowledges receipt of the Subscription Price, by way of certified cheque or bank draft. It is understood that the entire Subscription Price shall be added to the stated capital account of the Class A Common Shares.
