Common use of Commencement of Regular Sales of Common Stock Clause in Contracts

Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Thousand Dollars ($50,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two (2) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 2 contracts

Samples: Purchase Agreement (Green Earth Technologies Inc), Form of Purchase Agreement (Green Earth Technologies Inc)

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Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement,” and the date of satisfaction of such conditions conditions, the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Thousand Dollars ($50,000.00) 200,000 Purchase Shares per Regular Purchase Notice (and the amount so purchased, the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple a new Regular Purchase Notices Notice to the Investor so long as at least two (2) Business Days have passed since the most recent Regular Purchase was completedDate.

Appears in 1 contract

Samples: Purchase Agreement (Regenerx Biopharmaceuticals Inc)

Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) and thereafter, the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Two Hundred Thousand Dollars ($50,000.00200,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two five (25) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement (Lightwave Logic, Inc.)

Commencement of Regular Sales of Common Stock. Upon At any time on or after the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty One Hundred Thousand Dollars ($50,000.00100,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the applicable Purchase Price on the applicable Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two (2) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement (Raptor Pharmaceutical Corp)

Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy up to One Hundred Fifty Thousand (150,000) Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Thousand Dollars ($50,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two one (21) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement Purchase Agreement (Cytomedix Inc)

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Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) and thereafter, the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Twenty Five Thousand Dollars ($50,000.0025,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two (2) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement Purchase Agreement (Bazi International, Inc.)

Commencement of Regular Sales of Common Stock. Upon At any time on or after the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty One Hundred Thousand Dollars ($50,000.00100,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two (2) Business Days have passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement Purchase Agreement (Global Health Ventures Inc.)

Commencement of Regular Sales of Common Stock. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) the Company shall have the right but not the obligation to direct the Investor by its delivery to the Investor of a Regular Purchase Notice from time to time to buy up to One Hundred Fifty Thousand (150,000) Purchase Shares (each such purchase a “Regular Purchase”) in any amount up to Fifty Thousand Dollars ($50,000.00) per Regular Purchase Notice (the “Regular Purchase Amount”) at the Purchase Price on the Purchase Date. The Company may deliver multiple Regular Purchase Notices to the Investor so long as at least two one (21) Business Days have Day has passed since the most recent Regular Purchase was completed.

Appears in 1 contract

Samples: Purchase Agreement Purchase Agreement (Cytomedix Inc)

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