Common use of Accelerated Purchases Clause in Contracts

Accelerated Purchases. At any time on or after the Commencement Date, the Company shall also have the right to direct the Investor to buy Purchase Shares (each such purchase an “Accelerated Purchase”) in the amounts specified in this Section 2(b), subject in all cases to the Maximum Share Cap, per Accelerated Purchase Notice at the Accelerated Purchase Price on the Purchase Date by delivering to the Investor Accelerated Purchase Notices as follows: the Accelerated Purchase Amount may be up to One Hundred Thousand Purchase Shares (100,000) per Accelerated Purchase Notice provided that the Closing Sale Price of the Common Stock must not be below $3.00 (subject to equitable adjustment for any reorganization,

Accelerated Purchases. At any time on or after the Commencement Date, the Company shall also have the right to direct the Investor to buy Purchase Shares (each such purchase an “Accelerated Purchase”) in the amounts specified in this Section 2(b), subject in all cases to the Maximum Share Cap, per Accelerated Purchase Notice at the Accelerated Purchase Price on the Purchase Date by delivering to the Investor Accelerated Purchase Notices as follows: the Accelerated Purchase Amount may be up to One Hundred Thousand Purchase Shares (100,000) per Accelerated Purchase Notice provided that the Closing Sale Price of the Common Stock must not be below $3.00 (subject to equitable adjustment for any reorganization,Stock