Common use of Purchase of Convertible Debentures Clause in Contracts

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (IQ Micro Inc.), Securities Purchase Agreement (IQ Micro Inc.)

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Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to Xxxxx XxxxxxxxX. Xxxxxxx XX, Esq., P.A. as Escrow Agent for IQ Medical Corp./Cornell Planetlink/Trafalgar Capital Partners, LPInvestment Fund”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to the Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (DNC Multimedia Corp), Securities Purchase Agreement (Planetlink Communications Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Wentworth Energy, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wentworth Energy, Inc.), Securities Purchase Agreement (Wentworth Energy, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Micro Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (IQ Micro Inc.), Securities Purchase Agreement (IQ Micro Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to Butler Gonzalez LPas Escrow Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Partners, LP”, which Subscription xxxxx Xxbscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Trey Industries Inc), Securities Purchase Agreement (Trey Industries Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Agexx xxx xXxxxxXource, Inc. /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Etotalsource Inc), Securities Purchase Agreement (Etotalsource Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq.Xxxxxx Xxxxxxxx LLP, as Escrow Agent for IQ Medical Corp./Cornell Roanoke Technology Corporation /Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Roanoke Technology Corp), Securities Purchase Agreement (Roanoke Technology Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital PartnersExxxxx Xxxxx xxr Americana Publishing, LP”Inc./Montgomery Equity Partnexx, Xxx", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Americana Publishing Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq.Butler Gonzalez LLP, as Escrow Agent for IQ Medical Corp./Cornell Agexx xxx xXxxxx Xelecom Inc/ Cornell Capital Partners, LP”LP ", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Ephone Telecom Inc)

Purchase of Convertible Debentures. Subject to the ------------------------------------- satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Xxxxxx Xxxxx xor Intrepid Technology & Resources, Inc. /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined). The parties acknowledge that these Subscription Amounts have already been funded.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intrepid Technology & Resource Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."Butler Gonzalez LLP, as Escrow Agent for IQ Medical Corp./Cornell Agexx xxx XXX Xxxxp Inc. /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Ibx Group Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Xxxxx xxx xTotalSource, Inc. /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Etotalsource Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Innova Holdings, Inx/Xxxxxxx Xxxital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Innova Holdings)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell BSI2000, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined)Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bsi2000 Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent xx Xxxxxx Xgent for IQ Medical Alfa International Holdings Corp./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Alfa International Holdings Corp.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell I2 Telecom International, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (I2 Telecom International Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Sensor System Solutions, Inc./Xxxxxxx Xxxxtal Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Sensor System Solutions Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing Closings and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the ClosingClosings, the aggregate amount of Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his its name on Schedule I in same-day funds or a check payable to “Xxxxx XxxxxxxxX. Xxxxxxx XX, Esq., P.A. as Escrow Agent for IQ Medical Corp./Cornell Carbiz Inc./Trafalgar Capital Partners, LP”, Investment Fund,” which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined)) upon the occurrence of an Event of Default under the terms of the Convertible Debentures.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carbiz Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Syndication Net.com, Inc./Xxxxxxx Xxxxtal Partners, LP", which Subscription Amount shall Amouxx xxxxl be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Syndication Net Com Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each the Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each the Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Cord Blood America, Inc./Xxxxxxx Xxxxxxl Partners, LP”, ," which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Cord Blood America, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital Partners, LP”Exxxxx Xxxxx xxr EarthShell Corporation", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Earthshell Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Agxxx xxx Xxxxxx System Solutions, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Sensor System Solutions Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each the Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each the Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Cord Blood America, Inc./Cornell Capital Partners, LP”, ,” which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Cord Blood America, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Exxxxx Xxxxx xxr Teleplus Enterprises, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Teleplus Enterprises Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Exxxxx Xxxxx xxr Roaming Messenger, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Roaming Messenger Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-same- day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."Butler Gonzalez LLP, as Escrow Agent for IQ Medical Corp./Cornell Agxxx xxx Xxxxxxx Dynamics Inc/Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Maximum Dynamics Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Triangle Petroleum Corporation/Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to the First Closing Date (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Triangle Petroleum CORP)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."Butler Gonzalez LLP, as Escrow Agent for IQ Medical Corp./Cornell Capital PartnersPacer Health Corporation/Coxxxxx Xxxxxxx Xartners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacer Health Corp)

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Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."Xxxxxx and Xxxxxx LLP, as Escrow Agent for IQ Medical Corp./Cornell Capital Partners, LP”Colmena Corp. /Investor, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined)within three days of remittance of such Subscription Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Networth Technologies, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Fidelis Energy, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Fidelis Energy Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Trey Resources, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Trey Resources Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Startech Environmental Corxxxxxxxx/Xxxxxll Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Startech Environmental Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Cascade Energy, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Cascade Energy, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital PartnersXsunX, Inc./Cornell Xxxxxxx Xxxxxxrs, LP”, ," which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Xsunx Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Cyop Systems International Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyop Systems International Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell XsunX, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Xsunx Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Compliance Systems Xxxxxxxxxxx/Xornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Compliance Systems Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent xx Xxxxxx Xxxnt for IQ Medical Corp./Cornell Compliance Systems Corporation/Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Compliance Systems Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Airbee Wireless, Inc. /Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Airbee Wireless, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each the Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each the Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each the Buyer’s name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq., as Escrow Agent for IQ Medical Corp./Cornell Advaxis, Inc./Cornell Capital Partners, LP”, which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to one business day prior to the First Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Advaxis, Inc.)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Capital PartnersETotalSource Inc./Cornell Xxxxxxx Xxxxxxrs, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Etotalsource Inc)

Purchase of Convertible Debentures. Subject to the satisfaction ---------------------------------- (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."Butler Gonzalez LLP, as Escrow Agent for IQ Medical Corp./Cornell Agexx xxx Xxxxxxx Technology Corporation /Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Roanoke Technology Corp)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Medical Corp./Cornell Exxxxx Xxxxx xxr Sensor System Solutions, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Sensor System Solutions Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s 's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx"David Gonzalez, Esq., as Escrow Agent for IQ Xxxxxx Xxxxx xor Medical Corp./Cornell Staffing Solutions, Inc./Cornell Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (Medical Staffing Solutions Inc)

Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer Investor agrees, severally and not jointly, to purchase at the Closing (as defined herein below) and the Company agrees to sell and issue to each BuyerInvestor, severally and not jointly, at the Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s Investor's name on Schedule I hereto. Upon execution hereof by a Buyeran Investor, the Buyer Investor shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to “Xxxxx Xxxxxxxx, Esq."First Union National Bank, as Escrow Agent for IQ Medical Corp./Cornell Capital PartnersMajestic Companies, LP”Ltd. / The May Xxxxx Group, Inc.", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer an Investor may withdraw his Subscription Amount and terminate this Agreement as to such Buyer Investor at any time after the execution hereof and prior to Closing (as hereinafter defined).

Appears in 1 contract

Samples: Form of Securities Purchase Agreement (Majestic Companies LTD)

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