Subscription Amount definition
Examples of Subscription Amount in a sentence
The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage at least equal to the Subscription Amount, except as set forth on Schedule 3.1(mm).
Each Purchaser shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares and Warrants, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing.
Each Purchaser shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Securities, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing.
Name of Authorized Signatory: Title of Authorized Signatory: Email Address of Authorized Signatory: Address for Notice to Purchaser: Address for Delivery of Securities to Purchaser (if not same as address for notice): Subscription Amount: $_________________ Shares: _________________ Pre-Funded Warrant Shares: _______________ Beneficial Ownership Blocker ☐ 4.99% or ☐ 9.99%1 EIN Number: _________________ 1 NTD: Beneficial Ownership Limitation earlier in the agreement is set at 9.99%.
Notwithstanding the foregoing, in the event that the Company receives a Conversion Notice from the Holder and one or more other Holders of Notes for the same Conversion Date and the Company can effect the conversion of some, but not all, of such portions of the Notes, the Company, subject to this Section 3.2(d), shall process such conversions on a pro rata basis upon each converting Holder’s Subscription Amount.