Draw Down Closing Deliverables Sample Clauses
Draw Down Closing Deliverables. (a) On or prior to the Draw Down Settlement Date, the Company shall deliver or cause to be delivered to each participating Purchaser documentary evidence that the Preferred Shares purchased by such Purchaser have been duly recorded on the Company’s Preferred Share register in the name of such Purchaser and a Warrant to purchase a number of Ordinary Shares up to 50% of the number of ordinary shares issuable upon conversion of a Preferred Share at the applicable conversion price, subject to adjustment, it being understood that ; the number of Draw Down Preferred Shares ascribed to each such Purchaser shall equal such Purchaser’s Purchaser Draw Down Amount divided by the Stated Value,; and
(b) On or prior to the Draw Down Settlement Date, each participating Purchaser shall deliver or cause to be delivered to the Company such Purchaser’s Purchaser Draw Down Amount by wire transfer to the account as specified in writing by the Company.
Draw Down Closing Deliverables. (a) On or prior to the Draw Down Settlement Date, the Company shall deliver or cause to be delivered to each participating Purchaser documentary evidence that the Transfer Agent has been duly directed to record, on the Company’s Share register in the name of such Purchaser the Draw-Down Shares for each Draw-Down Notice; the number of Draw Down Preferred Shares ascribed to each such Purchaser shall equal such Purchaser’s Purchaser Draw Down Amount divided by the Stated Value; and
(b) On or prior to the Draw Down Settlement Date, each participating Purchaser shall deliver or cause to be delivered to the Company such Purchaser’s Purchaser Draw Down Amount by wire transfer to the account as specified in writing by the Company.
Draw Down Closing Deliverables. (a) On or prior to the Settlement Date of each subsequent Draw Down, the Company shall deliver or cause to be delivered to each participating Purchaser the following:
(i) a certificate evidencing a number of shares of Preferred Stock equal to such Purchaser’s Investment Amount divided by the Stated Value, registered in the name of such Purchaser; and
(ii) a certificate from the Company’s chief executive officer representing the truth and accuracy as of the Settlement Date of the Company’s representation and warranties contained in this Agreement except those that speak of a different date.
(b) On or prior to the Settlement Date of each subsequent Draw Down, each participating Purchaser shall deliver or cause to be delivered to the Company such Purchaser’s Investment Amount by wire transfer to the account as specified in writing by the Company.
Draw Down Closing Deliverables. (a) On or prior to the Settlement Date of each subsequent Draw Down, the Company shall deliver or cause to be delivered to each participating Purchaser the following:
(i) a certificate evidencing a number of shares of Preferred Stock equal to such Purchaser’s Company Investment Amount or Purchaser Investment Amount, as applicable, divided by the Stated Value, registered in the name of such Purchaser;
(b) On or prior to the Settlement Date of each subsequent Draw Down, each participating Purchaser shall deliver or cause to be delivered to the Company the following:
(i) such Purchaser’s Company Investment Amount or Purchaser Investment Amount, as applicable, by wire transfer to the account as specified in writing by the Company.