Common use of Mechanics of Stock Payment Clause in Contracts

Mechanics of Stock Payment. (i) To the extent that the Company elects to pay all or any portion of the applicable Installment Amount in Common Shares, the applicable Stock Payment Amount shall be paid as follows:

Appears in 2 contracts

Samples: Purchase Agreement (Ener1 Inc), Purchase Agreement (Ener1 Inc)

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Mechanics of Stock Payment. (i) To Except as otherwise provided in Section 2.1(c)(i), to the extent that the Company elects to pay all or any portion of the applicable Installment Amount in Common Shares, the applicable Stock Payment Amount shall be paid as follows:

Appears in 2 contracts

Samples: December Purchase Agreement (Ener1 Inc), Ener1 Inc

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