Subscription Date Clause Samples
The Subscription Date clause defines the specific date on which a subscription agreement becomes effective or when the subscriber's rights and obligations commence. In practice, this date is often used to determine when payment is due, when services or benefits begin, or when contractual terms start to apply. By clearly establishing the start date of the subscription, this clause ensures both parties have a mutual understanding of when their respective commitments begin, thereby preventing disputes over timing and ensuring clarity in the contractual relationship.
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Subscription Date. On the Subscription Date (i) the Company and the Investor shall execute the Registration Rights Agreement, (ii) the Company shall execute and deliver irrevocable instructions to the transfer agent, in the form of Exhibit E attached hereto (the "Transfer Agent Instructions"), to prepare and deliver to the Investor, following each Sale, a share certificate in the name of the Investor and in the amount of the applicable Commitment Shares, the transfer agent shall confirm and accept such instructions, and a copy of such instructions shall be delivered to the Investor's legal counsel, (iii) the Investor shall deliver to the Company and the Company shall execute a Closing Statement, and (iv) the Company shall pay to the Investor the applicable fees and costs determined in accordance with Section 10.1, by wire transfer of immediately available funds to the account designated in writing by the Investor. In addition, on or prior to the Subscription Date, each of the Company and the Investor shall deliver to the other all documents, instruments and writings required to be delivered or reasonably requested by either of them pursuant to this Agreement in order to implement and effect the transactions contemplated herein.
Subscription Date. (a) in respect of any tranche of Series A Bond, the date falling five (5) Business Days from the relevant date of the Series A Subscription Notice has been delivered and received by the Subscriber; and
(b) in respect of any tranche of Series B Bond, the date falling five (5) Business Days from the relevant date of the Series B Subscription Notice has been delivered and received by the Company.
Subscription Date. The Parties hereby confirm that the First Subscription Date shall occur on or before December 31, 1997, and that unless the First Subscription Date occurs on or before such date, the USA shall automatically terminate, Clause 14.2.2(ii) of the USA being amended accordingly.
Subscription Date. On the Subscription Date (i) the Company and the Investor shall execute the Registration Rights Agreement and (ii) the Company shall execute and deliver irrevocable instructions to the transfer agent, in the form of Exhibit F attached hereto (the "TRANSFER AGENT INSTRUCTIONS"), to prepare and deliver to the Investor, following each Sale or conversion of the Preferred Stock, a share certificate in the name of the Investor and in the amount of the applicable Commitment Shares, the transfer agent shall confirm and accept such instructions, and a copy of such instructions shall be delivered to the Investor's legal counsel. In addition, on or prior to the Subscription Date, each of the Company and the Investor shall deliver to the other all documents, instruments and writings required to be delivered or reasonably requested by either of them pursuant to this Agreement in order to implement and effect the transactions contemplated herein.
Subscription Date. 6.1 The issuance and the subscription of the Group Shares shall take place immediately following satisfaction of the Condition (the Subscription Date).
6.2 On the Subscription Date, and if so requested by CBG, the Bank shall deliver to CBG forthwith a share certificate in respect of the Group Shares and the Bank shall forthwith enter the name of CBG in the Bank’s register of members in respect of such Group Shares.