Subsequent Delivery. At the Subsequent Closing, if it shall occur, EIS shall pay the purchase price for the Subsequent Common Stock to an account designated by the Company, and the parties hereto shall execute and deliver to each other, as applicable, (i) certificates in respect of the number of shares of Subsequent Common Stock as determined in accordance with Section 2 hereof and (iii) any other documents or instruments to be executed in connection therewith. In addition, the Company shall cause to be delivered to EIS an opinion of counsel in connection with the issuance of the Subsequent Common Stock in a form reasonably acceptable to EIS.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Electropharmacology Inc), Securities Purchase Agreement (Electropharmacology Inc), Securities Purchase Agreement (Electropharmacology Inc)