Common use of Commitment, Closing Date Clause in Contracts

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, Debentures in the aggregate principal amount of Three Million Dollars ($3,000,000.00) at a price of 100% of the principal amount thereof. Delivery of the Debentures will be made at the offices of Tandem Capital, Inc., Nashville, Tennessee, against payment therefor by federal funds wire transfer in immediately available funds and to the accounts and in the amounts set forth in the Company's wire instructions in the form of Exhibit B hereto, at 10:00 A.M., Nashville time, on June 27 or such later date as the Company and Purchaser shall agree (the "Closing Date"). The Debentures delivered to Purchaser on the Closing Date will be delivered to Purchaser in the form of a single registered Debenture for the full amount of such purchase (unless different denominations are specified by Purchaser), registered in Purchaser's name or in the name of such nominee as Purchaser may specify and, with appropriate insertions, in the form attached hereto as EXHIBIT A-1, all as Purchaser may specify at least 24 hours prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, Debentures in the aggregate aggregated principal amount of Three Million Dollars ($3,000,000.00) 4,250,000 at a price of 100% of the principal amount thereof. Delivery of the Debentures will be made at the offices of Tandem Capital▇▇▇▇▇▇▇▇ & ▇▇▇, Inc.PLC, Nashville▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Tennessee▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, against payment therefor by federal funds wire transfer in immediately available funds and to the accounts and in the amounts set forth in accordance with the Company's wire instructions in the form of Exhibit B heretowritten instructions, at 10:00 A.M., Nashville Nashville, Tennessee time, on June 27 February 13, 1997, or such later date as the Company and Purchaser shall agree (the "Closing DateCLOSING DATE"). The Debentures delivered to Purchaser on the Closing Date will be delivered to Purchaser in the form of a single registered Debenture for the full amount of such purchase (unless different denominations are specified by Purchaser), registered in Purchaser's name or in the name of such nominee as Purchaser may specify and, with appropriate insertions, in the form attached hereto as EXHIBIT A-1A, all as Purchaser may specify at least 24 hours prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, Debentures in the aggregate principal amount of Three Four Million Five Hundred Thousand Dollars ($3,000,000.004,500,000.00) at a price of 100% of the principal amount thereof. Delivery of the Debentures will be made at the offices of Tandem Capital, Inc., Nashville, Tennessee, against payment therefor by federal funds wire transfer in immediately available funds and to the accounts and in the amounts set forth in the Company's wire instructions in the form of Exhibit B hereto, at 10:00 A.M., Nashville time, on June 27 July 11, or such later date as the Company and Purchaser shall agree (the "Closing Date"). The Debentures delivered to Purchaser on the Closing Date will be delivered to Purchaser in the form of a single registered Debenture for the full amount of such purchase (unless different denominations are specified by Purchaser), registered in Purchaser's name or in the name of such nominee as Purchaser may specify and, with appropriate insertions, in the form attached hereto as EXHIBIT Exhibit A-1, all as Purchaser may specify at least 24 hours prior to the date fixed for delivery.,