Common use of DELIVERY OF PURCHASE NOTICES Clause in Contracts

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.

Appears in 1 contract

Sources: Investment Agreement (Alottafun Inc)

DELIVERY OF PURCHASE NOTICES. To effect a purchase of Put Shares, during a Purchase Period 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.

Appears in 1 contract

Sources: Investment Agreement (Patriot Scientific Corp)

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 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 already delivered by the Investor to the Company during such Purchase Period.

Appears in 1 contract

Sources: Investment Agreement (Ecom Ecom Com Inc)