Common use of Mechanics of Tranche Closing Clause in Contracts

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by Investor of Preferred Shares shall occur by 5:00 p.m. Eastern time, on the date which is 10 Trading Days following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Advanced Cell Technology, Inc.), Preferred Stock Purchase Agreement (MedClean Technologies, Inc.), Preferred Stock Purchase Agreement (Stem Cell Therapy International, Inc.)

AutoNDA by SimpleDocs

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by Investor of Preferred Shares shall occur by 5:00 p.m. Eastern time, on the date which is 10 ten (10) Trading Days following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Entech Solar, Inc.), Preferred Stock Purchase Agreement (Provision Holding, Inc.), Preferred Stock Purchase Agreement (Urban Barns Foods Inc.)

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d2.3(c) as of the Tranche Closing Date, the closing of the purchase by Investor of Preferred Shares shall occur by 5:00 p.m. Eastern time, on the date which is 10 (ten) Trading Days following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Revonergy Inc), Preferred Stock Purchase Agreement (Yasheng Eco-Trade Corp)

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by Investor of the Debentures or the Preferred Shares shall occur by 5:00 p.m. Eastern time, on the date which is 10 ten (10) Trading Days following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 2 contracts

Samples: Securities Purchase Agreement (ZBB Energy Corp), Securities Purchase Agreement (ZBB Energy Corp)

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by Investor of Preferred Investment Shares shall occur by 5:00 p.m. Eastern time, time on the date which is 10 the third Trading Days Day following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 1 contract

Samples: Stock Purchase Agreement (POSITIVEID Corp)

AutoNDA by SimpleDocs

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. -------------- Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by -------------- Investor of Preferred Shares shall occur by 5:00 p.m. Eastern time, on the date which is 10 ten (10) Trading Days following (and not counting) the Tranche Notice Date (each a "Tranche Closing Date") at the offices of Investor.. --------------------

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Entech Solar, Inc.)

Mechanics of Tranche Closing. (i) Each of the Company and Investor shall deliver all documents, instruments and writings required to be delivered by either of them pursuant to Section 2.3(e) of this Agreement at or prior to each Tranche Closing. Subject to such delivery and the satisfaction of the conditions set forth in Section 2.3(d) as of the Tranche Closing Date, the closing of the purchase by Investor of Preferred Shares shall occur by 5:00 p.m. Eastern time, time on the date which is 10 the third Trading Days Day following (and not counting) the Tranche Notice Date (each a “Tranche Closing Date”) at the offices of Investor.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (POSITIVEID Corp)

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