Subsequent Subscription Amount definition

Subsequent Subscription Amount shall have the meaning ascribed to such term in Section 2.1.

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Subsequent Subscription Amount means, as to each Purchaser, the amounts specified as the Subsequent Subscription Amount and set forth on Schedule A hereto, in United States dollars and in immediately available funds.

Subsequent Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for Closing Shares purchased in any Subsequent Closing, in United States dollars and in immediately available funds; provided, however, that in no event shall the aggregate Subsequent Subscription Amounts in any Subsequent Closing be less than the Minimum Subsequent Subscription Amount; provided further, however, that in no event shall the aggregate Subscription Amounts under this Agreement be greater than the Maximum Aggregate Subscription Amount.

Examples of Subsequent Subscription Amount in a sentence

• The Company shall deliver the Subsequent Shares to the Purchaser within three (3) Business Days of the payment of the Subsequent Subscription Amount and shall file a Registration Statement covering the resale of the Subsequent Shares within four weeks after the date of payment of the Subsequent Subscription Amount by the Purchaser.

• Each Purchaser acquiring Closing Shares at a Subsequent Closing shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchaser’s Subsequent Subscription Amount pursuant to Section 2.3(b)(ii)(1), and the Company shall deliver to each Purchaser its respective Closing Shares pursuant to Section 2.3(b)(i)(1), and the Company and each Purchaser shall deliver the other items set forth in Section 2.3(b) deliverable at such Subsequent Closing.

• On or prior to the Subsequent Closing Date, the Purchaser shall deliver or cause to be delivered to the Company, as applicable, the Purchaser’s Subsequent Subscription Amount by wire transfer to the bank account directed by the Company.

• In no event shall the indemnification obligations of the Company hereunder exceed the total amount of the Initial Subscription Amount plus the Subsequent Subscription Amount less the Origination Fee.

• For the purposes of Section 4.12 of the Original Purchase Agreement, the defined term “Securities” shall include the Series B-3 Preferred, and the Initial Subscription Amount under this Agreement shall be considered an “Initial Subscription Amount” under Section 4.12 thereunder, and a Subsequent Subscription Amount hereunder shall be considered a “Subsequent Subscription Amount” under Section 4.12 thereunder.

• At each Subsequent Closing, the Purchaser shall deliver the Subsequent Subscription Amount due the Company in the form of a Purchase Note, and the Company shall deliver to the Purchaser the Subsequent Closing Securities due in respect of the Subsequent Closing, and each party shall otherwise satisfy all of the covenants and conditions set forth in Sections 2.03 and 2.04.

• Upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchaser agrees to purchase upon 5 Business Days’ advance written notice a Note in the principal amount of a Subsequent Subscription Amount.

• At each Subsequent Closing, Purchaser shall deliver the Subsequent Subscription Amount to the Company, and the Company shall deliver to the Purchaser the Series B-3 Preferred, the Warrant and the Lock-Up Warrant due in respect of the Subsequent Subscription Amount, and the Company and Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Subsequent Closing.

• At each Subsequent Closing, Purchaser shall deliver the Subsequent Subscription Amount (less the Origination Fee and the Purchaser Expenses) to the Company, and the Company shall deliver to the Purchaser the Series B-2 Preferred, the Class A-1 Warrant, the Class A-2 Warrant and the Class B Warrant due in respect of the Subsequent Subscription Amount, and the Company and Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Subsequent Closing.

• Subject to the terms and conditions set forth in this Agreement, at the Subsequent Closing, each Purchaser shall purchase, severally and not jointly, and the Company shall issue and sell, to each Purchaser such number of Units set forth opposite such Purchaser’s name as the Subsequent Subscription Amount on Schedule A hereto at the Per Unit Purchase Price.

More Definitions of Subsequent Subscription Amount

Subsequent Subscription Amount shall have the meaning set forth in Section 3(b) of the MIPA.

Subsequent Subscription Amount means one subscription amount equal to $3,500,000. For avoidance of doubt, (i) any references in this Agreement to “a Subsequent Subscription Amount,” “any Subsequent Subscription Amount,” “such Subsequent Subscription Amount” or “applicable Subsequent Subscription Amount” all shall be deemed in each case to mean “the Subsequent Subscription Amount” and (ii) the Subsequent Subscription Amount plus the Initial Subscription Amount equals $8,500,000.”

Subsequent Subscription Amount means, as to the Purchaser, the aggregate amount of Eight Hundred Thousand Dollars ($800,000) to be paid for the $800,000 Amended and Restated Notes and Subsequent Warrants purchased hereunder as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Subscription Amount,” in United States dollars and in immediately available funds.

Subsequent Subscription Amount if applicable, means one or more subscription amounts equal to any funding under the Permanent Financing after the Initial Closing; provided that (i) the aggregate amount of all Subsequent Subscription Amounts plus the Initial Subscription Amount shall not exceed $8,500,000 in any event and (ii) a Subsequent Subscription Amount shall not be less than $1,000,000 without the written consent of the Company and the Purchaser, unless, at the time of the payment of an Subsequent Subscription Amount there is less than $1,000,000 remaining to reach an aggregate Subscription Amount of $8,500,000, in which case the payment of such Subsequent Subscription Amount equal to such remainder shall not require the written consent of the Company and the Purchaser.

Subsequent Subscription Amount means the amount of money specified in any Subsequent Closing Notice, provided that the sum of the Initial Subscription Amount and all Subsequent Subscription Amounts may not exceed the Maximum Subscription Amount.

Subsequent Subscription Amount means the amount of money payable by the Purchaser to the Company with respect to Subsequent Closings, as agreed upon between the Company and the Purchaser.