Common use of Delivery of Certificates for Common Shares Clause in Contracts

Delivery of Certificates for Common Shares. The Share Delivery Date for purposes of section 4.2 of Part B of the Articles and this Agreement shall be, as between the Purchaser and the Company, the date which is on or before the ninth (9th) Business Day following the later of the date of receipt by the Company of the Purchaser’s Conversion Notice and the date of receipt by the Company of the Preferred Share Certificate for the Series B Preferred Shares being converted, duly endorsed.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Forbes Medi Tech Inc), Securities Purchase Agreement (Forbes Medi Tech Inc), Securities Purchase Agreement (Forbes Medi Tech Inc)

AutoNDA by SimpleDocs

Delivery of Certificates for Common Shares. The Share Delivery Date for purposes of section 4.2 of Part B of the Articles and this Agreement shall be, as between the Purchaser and the Company, the date which is on or before the ninth fourth (9th4th) Business Day following the later of the date of receipt by the Company of the Purchaser’s Conversion Notice and the date of receipt by the Company of the Preferred Share Certificate for the Series B Preferred Shares being converted, duly endorsed.

Appears in 1 contract

Samples: Securities Purchase Agreement (Forbes Medi Tech Inc)

Delivery of Certificates for Common Shares. The Share Delivery Date for purposes of section 4.2 of Part B of the Articles and this Agreement shall be, as between the Purchaser Purchasers and the Company, the date which is on or before the ninth fifth (9th5th) Business Day following the later of the date of receipt by the Company of the Purchaser’s Conversion Notice and the date of receipt by the Company of the Preferred Share Certificate for the Series B Preferred Shares being converted, duly endorsed.

Appears in 1 contract

Samples: Securities Purchase Agreement (Forbes Medi Tech Inc)

AutoNDA by SimpleDocs

Delivery of Certificates for Common Shares. The Share Delivery Date for purposes of section 4.2 of Part B of the Articles and this Agreement shall be, as between the Purchaser Purchasers and the Company, the date which is on or before the ninth (9th) Business Day following the later of the date of receipt by the Company of the Purchaser’s Conversion Notice and the date of receipt by the Company of the Preferred Share Certificate for the Series B Preferred Shares being converted, duly endorsed.

Appears in 1 contract

Samples: Securities Purchase Agreement (Forbes Medi Tech Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.