Purchase Order Certificate definition
Purchase Order Certificate means a certificate signed by the Chief Executive or Chief Financial Officer of the Company certifying (i) the amount of such proposed Additional Closing Request, (ii) that the purchase orders submitted therewith are Purchase Orders from Qualified Customers, (iii) the amount of the Delinquent Purchase Orders (without duplication from past periods); and (iv) that copies of such Purchase Orders attached thereto are true, correct and complete.
Examples of Purchase Order Certificate in a sentence
The foregoing Purchase Order Certificate, as prepared and delivered by Distributor, is hereby accepted and approved.
The obligation of each Purchaser to acquire Shares and Warrants at an Additional Closing is subject to the fulfillment to such Purchaser’s satisfaction, on or prior to the Closing Date, of the conditions set forth in Section 5.1 and the following condition, any of which may be waived by such Purchaser (as to itself only): the Company shall have delivered a Purchase Order Certificate to each Purchaser and any documents to be delivered in connection therewith.