Common use of Purchase and Issuance of the Units Clause in Contracts

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscribers hereby agree to purchase from the Company, and the Company hereby agrees to sell to the Subscribers, on the Closing Date (as defined below) the Units in consideration of the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscribers the certificates representing the Securities purchased.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscribers Subscriber hereby agree agrees to purchase from the Company, and the Company hereby agrees to sell to the SubscribersSubscriber, on the Initial Closing Date (as defined below) the 382,250 Units in consideration of the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Initial Closing Date, the Company shall shall, at its option, deliver to the Subscribers Subscriber the certificates representing the Securities purchasedpurchased or effect such delivery in book-entry form.

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscribers Subscriber hereby agree agrees to purchase from the Company, and the Company hereby agrees to sell to the SubscribersSubscriber, on the Closing Date (as defined below) the Initial Units in consideration for a purchase price of the payment of the Purchase Price (as defined below)$2,250,000. On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscribers Subscriber the certificates representing the Securities purchased.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscribers Subscriber hereby agree agrees to purchase from the Company, and the Company hereby agrees to sell to the SubscribersSubscriber, on the Initial Closing Date (as defined below) the 228,250 Units in consideration of the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Initial Closing Date, the Company shall shall, at its option, deliver to the Subscribers Subscriber the certificates representing the Securities purchasedpurchased or effect such delivery in book-entry form.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscribers Subscriber hereby agree agrees to purchase from the Company, and the Company hereby agrees to sell to the SubscribersSubscriber, on the Closing Date (as defined below) the Units in consideration of the payment of the Purchase Price (as defined below). On the Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall deliver to the Subscribers Subscriber the certificates representing the Securities purchased.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscribers Subscriber hereby agree agrees to purchase from the Company, and the Company hereby agrees to sell to the SubscribersSubscriber, on the each applicable Closing Date (as defined below) ), the Primary Units and/or the Additional Units, as applicable, in consideration of the payment of the Purchase Price (as defined below). On the each Closing Date, or within a reasonable time after the applicable Closing Date, but in no event later than thirty (30) days after the such Closing Date, the Company shall deliver to the Subscribers Subscriber the certificates representing the Securities purchased.