DELIVERY OF PURCHASE NOTICES Sample Clauses

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, including without limitation Section 7 below, and from time to time during the Commitment Period, the Company may, in its sole discretion, deliver a Purchase Notice to the Investor which states the amount of Securities which the Company intends to sell to the Investor on a Closing, provided that the Common Stock in each Purchase Notice shall not exceed the Purchase Notice Limit. No Purchase Notice shall be sent if the VWAP of Securities is at or below $0.001 during the five Business Days prior to the delivery of a Purchase Notice. The Purchase Notice shall be in the form attached hereto and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until the previous Closing has been completed. No Purchase Notice will be made in an amount less than twenty-five thousand dollars ($25,000) or greater than the Purchase Notice Limit.

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, and from time to time during the Commitment Period, the Company may, in its sole discretion, deliver a Purchase Notice to the Investor which states the amount of Securities which the Company intends to sell to the Investor on a Closing. The Purchase Notice shall be in the form attached hereto and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until the previous Closing has been completed. No monthly Purchase Notice will be made in an amount less than twenty-five thousand dollars ($25,000) or greater than two hundred fifty thousand dollars ($250,000), unless waived upon mutual agreement between the Company and Investor.

DELIVERY OF PURCHASE NOTICES. (a) The Company may exercise its right to sell Shares (including Blocks) hereunder by delivering (in accordance with Section 12 hereof) on any Exchange Business Day (as defined below) a written notice to the Agent of its election to sell Shares (each such notice, a "Purchase Notice"). Each Purchase Notice shall specify: (i) whether such Shares shall be sold through the Agent acting as principal or whether the Company and the Agent have expressly agreed that the Company shall sell such shares to the Agent acting as agent; (ii) the number of Shares that the Company intends to sell (the "Specified Number of Shares"), which shall be no less than 5% and no more than 20% of the average daily trading volume in the Common Stock on the Exchange for the thirty (30) Exchange Business Days preceding the date of delivery of the Purchase Notice, except as otherwise agreed in writing by the Agent in its sole discretion; (iii) whether the Company will grant the Agent the right to elect to purchase additional Shares in accordance with subsection (c) below; and (iv) in the case of a purchase of Shares by the Agent acting as principal, whether the Company elects to give the Agent the option to increase the number of Shares to be sold by the Company and purchased by the Agent acting as principal on such Purchase Date.

DELIVERY OF PURCHASE NOTICES. To effect a purchase of Put Shares, the Investor shall deliver one or more written notices to the Company (each a "Purchase Notice") at any time and from time to time during the Purchase Period. Each Purchase Notice shall set forth (i) the number of Put Shares being purchased pursuant to such Purchase Notice, (ii) the Put Share Price per share, and (iii) the aggregate Put Dollar Amount for the Put Shares being purchased by the Investor pursuant to such Purchase Notice, as of the date of delivery of such Purchase Notice. The "Purchase Notice Date" with respect to a Purchase Notice shall be the date on which the Investor delivers a copy of such Purchase Notice to the Company by facsimile transmission prior to 11:59 p.m. Eastern Time on such date. If prior to the last day of a Purchase Period the Investor shall not have delivered Purchase Notices covering the purchase of an aggregate number of Put Shares equal to at least the Put Share Amount with respect to such Purchase Period, then the Investor shall be deemed to have delivered a Purchase Notice on the last day of such Purchase Period covering the purchase of a number of Put Shares equal to the difference of (x) the Put Share Amount with respect to such Purchase Period minus (y) the aggregate number of Put Shares covered by Purchase Notices delivered by the Investor to the Company during such Purchase Period.

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, and from time to time during the Commitment Period, the Company may, in its sole discretion, deliver a Purchase Notice to the Investor which states the number of shares of Common Stock which the Company intends to sell to the Investor on a Closing, provided that the Common Stock in each Purchase Notice shall not exceed the Purchase Notice Limit. The Purchase Notice shall be in the form attached hereto and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until the previous Closing has been completed.. No Purchase Notice will be made in an amount less than twenty-five thousand dollars ($25,000) or greater than the Purchase Notice Limit.

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, and from time to time during the Commitment Period, the Company may, in its sole discretion, deliver one or more Purchase Notices to the Investor, each of which shall state the number of Shares which the Company intends to sell to the Investor on a Closing (as defined below). The Purchase Notice shall be in the form attached hereto as Exhibit B and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until the Closing pursuant to any prior Purchase Notice has been completed.

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, and from time to time during the Commitment Period, the Company may, in its sole discretion, deliver a Purchase Notice to the Investor which states the amount of Securities which the Company intends to sell to the Investor on a Closing. No Purchase Notice shall be sent if the VWAP of Securities is at or below $0.001 during the five Business Days prior to delivery of a Purchase Notice. The Purchase Notice shall be in the form attached hereto and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until three Business Days have passed since the previous Closing has been completed, during which three day period the Company will not effectuate a reverse split of its outstanding Common Stock. No Purchase Notice will be made in an amount less than twenty-five thousand dollars ($25,000) or greater than five hundred thousand dollars ($500,000).

DELIVERY OF PURCHASE NOTICES. Subject to the terms and conditions herein, and from time to time during the Commitment Period, the Company may, in its sole discretion, submit a Purchase Notice to the Investor via email to t▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ which states the number of shares of Common Stock which the Company intends to sell to the Investor on a Closing. The Purchase Notice shall be in the form attached hereto as Exhibit A and incorporated herein by reference. During the Commitment Period, the Company shall not submit a Purchase Notice until the previous Closing has been completed. No Purchase Notice will be submitted for Common Stock valued in an amount less than twenty-five thousand dollars ($25,000) or greater than two hundred fifty thousand dollars ($250,000), unless waived upon by mutual agreement between the Investor and the Company.