Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof to be made to the Company’s designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Somaxon Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Cyclacel Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Cytokinetics Inc)
Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC Depositary Trust Company to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof therefor to be made to the Company’s 's designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Tegal Corp /De/), Common Stock Purchase Agreement (Aksys LTD), Common Stock Purchase Agreement (Cellegy Pharmaceuticals Inc)
Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof therefor to be made to the Company’s designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Cytokinetics Inc), Common Stock Purchase Agreement (Cytokinetics Inc)
Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof therefor to be made to the Company’s designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 12:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Cell Genesys Inc), Common Stock Purchase Agreement (Cell Genesys Inc)
Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof therefor to be made to the Company’s 's designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (American Technology Corp /De/)
Delivery of Shares; Payment of Draw Down Amount. (a) On each Settlement Date, the Company shall deliver the Shares purchased by the Investor to the Investor or its designees exclusively via book-entry through the DTC to an account designated by the Investor, and upon receipt of the Shares, the Investor shall cause payment thereof to be made to the Company’s designated account by wire transfer of immediately available funds, if the Shares are received by the Investor no later than 1:00 p.m. 11:00 a.m. (Eastern Time), or next day available funds, if the Shares are received thereafter.
Appears in 1 contract
