Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages.
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Beyond Com Corp), Common Stock Purchase Agreement (Cavion Technologies Inc), Common Stock Purchase Agreement (Bionutrics Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser as a condition to accepting such draw down and not as liquidated damages, the sum of $100,000 as liquidated damages100,000.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp), Stock Purchase Agreement (Calypte Biomedical Corp)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 4.12 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages.
Appears in 2 contracts
Samples: Share Purchase Agreement (Corel Corp), Common Stock Purchase Agreement (A B Watley Group Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first a Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Ameriquest Technologies Inc), Common Stock Purchase Agreement (Cambex Corp)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages.. Article VI
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Famous Fixins Inc), Common Stock Purchase Agreement (Famous Fixins Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first a Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages100,000.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Pawnbroker Com Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 6.9 unless, prior to the Company delivering the first Draw Down a Put Notice after any such financing, the Company pays the Purchaser Investor the sum of $100,000 as liquidated damages.; and
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Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first a Draw Down Notice after any such financing, the Company pays the Purchaser the sum of $100,000 200,000 as liquidated damages.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Ives Health Co Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first Draw Down Notice after any such financingfinancing as a condition to the Purchaser's obligations hereunder, the Company pays the Purchaser the sum of $100,000 as liquidated damages.
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Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 3.12 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser as a condition to accepting such draw down and not as liquidated damages, the sum of $100,000 as liquidated damages100,000.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Path 1 Network Technologies Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 6.11 unless, prior to the Company delivering the first Draw Down a Put Notice after any such financing, the Company pays the Purchaser Investor the sum of $100,000 as liquidated damages.
Appears in 1 contract
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 3.12 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser as a condition to accepting such draw down and not as liquidated damages, the sum of $100,000 as liquidated damages.100,000. ARTICLE 5 DRAW
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Calypte Biomedical Corp)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first Draw Down Notice after any such financing, the Company pays the Purchaser Purchaser, as a condition to funding the Draw Down and not as liquidated damages, the sum of $100,000 as liquidated damages100,000.
Appears in 1 contract
Samples: Stock Purchase Agreement (Advanced Communications Technologies Inc)
Future Financing. The Company shall have not completed any financing prohibited by Section 4.11 unless, prior to the Company delivering the first a Draw Down Notice after any such financing and for each such financing, the Company pays the Purchaser the sum of $100,000 as liquidated damages.100,000. (f)
Appears in 1 contract
