SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER Sample Clauses

SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth and in the Confidential Term Sheet dated June 15th, 2011 (such term sheet, together with all amendments thereof and supplements and exhibits thereto, the “term sheet”), the Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company such number of Units, and the Company agrees to sell to the Subscriber as is set forth on the signature page hereof, at a per Unit price equal to $100,000 per Unit. The purchase price is payable by personal or business check or money order made payable to “Global Investor Services, Inc” contemporaneously with the execution and delivery of this Agreement by the Subscriber. Subscribers may also pay the subscription amount by, wire transfer of immediately available funds to: Name: GLOBAL INVESTOR SERVICES, INC. Bank: J X Xxxxxx Cxxxx Bank, N.A. Account: 764233482 ABA #: 000000000 Address; Nxx Xxxx, Xxx Xxxx, 00000 The Subscriber recognizes that the purchase of the Units involves a high degree of risk including, but not limited to, the following: (a) the Company remains a development stage business with limited operating history and requires substantial funds in addition to the proceeds of the Offering; (b) an investment in the Company is highly speculative, and only investors who can afford the loss of their entire investment should consider investing in the Company and the Units; (c) the Subscriber may not be able to liquidate its investment; (d) transferability of the Units, including the Common Stock and Notes contained therein and Common Stock issuable upon exercise of the Notes (defined below) (sometimes hereinafter collectively referred to as the “Securities”) is extremely limited; (e) in the event of a disposition, the Subscriber could sustain the loss of its entire investment; (f) the Company has not paid any dividends since its inception and does not anticipate paying any dividends; and (g) the Company may issue additional securities in the future which have rights and preferences that are senior to those of the Common Stock.
AutoNDA by SimpleDocs
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth and in the Information Package (as defined below) the Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company such number of Units, and the Company agrees to sell to the Subscriber as is set forth on the signature page hereof, at a per Unit price equal to $0.50 per Unit. Within a commercially reasonable time after the execution and delivery of this Agreement, the Subscriber shall deposit the aggregate Offering Price to be held in escrow in accordance with the terms of the Escrow Agreement substantially in the form attached as Exhibit B (the “Escrow Agreement”). In the event the Closing (as defined below) does not take place because of (i) the rejection of subscription for Units by the Company; or (ii) the election not to purchase the Units by the Subscriber; or (iii) failure to effectuate the Closing on or prior to January 31, 2012 (the “Final Closing Date”) for any reason or no reason, unless waived by the Subscriber, this Agreement and any other transaction documents shall thereafter be terminated and have no force or effect, and the parties shall take all steps, including the execution of instructions to the escrow agent, to ensure that the funds held in accordance with the Escrow Agreement shall promptly be returned or cause to be returned to the Subscriber without interest thereon or deduction therefrom. The Subscriber understands and agrees that, subject to Section 2 and applicable laws, by executing this Agreement, it is entering into a binding agreement.
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company Units, pursuant to the terms and conditions set forth herein, and as is set forth on the signature page hereof, and the Company agrees to sell such Units to the Subscriber at a per Unit price of $2.00 United States Dollars or a total purchase price of $ United States Dollars (the “Purchase Price”). Certificates for the Convertible Preferred Stock and Warrants will be delivered by the Company to the Subscriber promptly following the receipt of this Agreement and payment in full satisfaction of the Purchase Price.
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby irrevocably purchases for itself and agrees to purchase from the Company, and the Company agrees to sell to the Subscriber, such number of Units set forth on the signature page hereto for an aggregate purchase price equal to the “Purchase Price” as set forth on the signature page hereto. The Purchase Price is payable by wire transfer of immediately available funds at the time of entering into this agreement to an account designated by LxXxxxx Wxxxxxxxx LLP, counsel to the Company (“Company Counsel”), to be held in escrow and shall be released at the Closing by Company Counsel to an account designated by the Company.
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, from time to time and up until October 31, 2008 the Company may send the Subscribers written notice (said notice can be given by fax, email or by regular USPS mail) requesting that the Subscribers purchase the number of Units stated in such notice(s) at a purchase price of $4.00 per unit. Said notice can not be given more frequently than once per any thirty (30) day period (the “Company’s Notice”). The Subscribers hereby irrevocably subscribe for and agree to purchase from the Company the number of Units set forth in the Company’s Notice (up to an aggregate of 1,250,000 Units for all notices). In each Company Notice Company shall request that Subscriber purchase no less than 100,000 units and no more than 200,000 units in any given Notice period. Subscriber shall wire within thirty days of the receipt of the Company’s Notice an amount equal to the Company’s Notice. (the “Subscription Amount”). Within thirty (30) business days of the Company’s receipt of the Subscription Amount, the Company shall send to the Subscribers stock certificates representing the Common Stock and Warrants purchased. The Company hereby takes into account the 356,250 Units already subscribed for by Subscriber through the date of the signing of this Agreement.
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth and in the Confidential Private Placement Memorandum dated February [*], 2016 (such memorandum, together with all amendments thereof and exhibits thereto, the “Memorandum”), the Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company such number of shares of Units, and the Company agrees to sell the number of Units to the Subscriber as is set forth on the signature page hereof, at a per share price equal to $4.00 per Unit (the “Purchase Price”). The Purchase Price is payable by wire transfer of immediately available funds to: [*]
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 The Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company such number of Units, and the Company agrees to sell to the Subscriber as is set forth on the signature page hereof, at a per Unit price equal to $1,000 per Unit. The purchase price is payable by personal or business check or money order made payable to “Clean Wind Energy Tower, Inc.” contemporaneously with the execution and delivery of this Agreement by the Subscriber. Subscribers may also pay the subscription amount by, wire transfer of immediately available funds to: Name: CLEAN WIND ENERGY TOWER, INC. Bank: SunTrust Bank Account: 1000145330774 ABA #: 000000000 Address; Annapolis, Maryland The Subscriber recognizes that the purchase of the Units involves a high degree of risk including that set forth in the Confidential Information Memorandum.
AutoNDA by SimpleDocs
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth and in the Confidential Offering Memorandum dated March 2006 (such memorandum, together with all amendments thereof and supplements and exhibits thereto, the “Memorandum”), the Subscriber hereby irrevocably subscribes for and agrees to purchase from the Company such number of Units, and the Company agrees to sell to the Subscriber as is set forth on the signature page hereof, at a per share price equal to $0.20 per Unit. The purchase price is payable by personal or business check or money order made payable to “CST&T AAF DIET COFFEE ESCROW ACCOUNT” contemporaneously with the execution and delivery of this Agreement by the Subscriber. Subscribers may also pay the subscription amount by, wire transfer of immediately available funds to: Name: Continental Stock Transfer & Trust Co. AAF DIET COFFEE ESCROW ACCOUNT Or: CST&T AAF DIET COFFEE ESCROW ACCOUNT Bank: XX Xxxxxx Xxxxx Bank Account: 530-061384 ABA: 000000000
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Company such number of Units or fractions thereof and the Company agrees to sell such Units to the Subscriber as is set forth upon the signature page hereof. The Units will be offered at $100,000 per Unit (the "Initial Offering Price"). The purchase price is payable by personal or business check, wire transfer of immediately available funds or money order made payable to "Fleet Bank, NA, Escrow Agent, F/B/O Xytronyx, Inc." contemporaneously with the execution and delivery of this Agreement. The Units will be delivered by the Company within ten (10) days following the consummation of the Offering as set forth in Article III hereof.
SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Company ___ Units for a price equal to $1.00 per Unit and the Company agrees to sell such Units to the Subscriber for said purchase price. The purchase price is payable by certified or bank check or wire transfer payable to the Company, contemporaneously with the execution and delivery of this Subscription Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.