Common use of Draw Down Notice Clause in Contracts

Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the Investor, subject to the satisfaction of the conditions set forth in Sections 6.02 and 6.03; provided, however, the Investment Amount for each Draw Down as designated by the Company in the applicable Draw Down Notice shall be not less than the Minimum Draw Down Amount (as determined as of the applicable Draw Down Date).

Appears in 1 contract

Sources: Equity Financing Agreement (Pantera Petroleum Inc.)

Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the Investor, subject to the satisfaction of the conditions set forth in Sections 6.02 and 6.03; provided, however, the Investment Amount for each Draw Down as designated by the Company in the applicable Draw Down Notice shall be not less than the Minimum Draw Down Amount (as determined as of the applicable Draw Down Date)Section 6.02.

Appears in 1 contract

Sources: Private Equity Line Financing Agreement (First Virtual Communications Inc)

Draw Down Notice. On any Trading Day during the Commitment Period, the Company may deliver a Draw Down Notice to the InvestorBuyer, subject to the satisfaction of the conditions set forth in Sections 6.02 and 6.03; providedSection 6(b), however, specifying the Investment Amount for each aggregate dollar amount of Debentures the Company is requesting be purchased by Buyer with respect to a given Draw Down as designated by (the Company in the applicable Draw Down Notice shall be not less than the Minimum Draw Down Amount (as determined as of the applicable Draw Down Date“Investment Amount”).

Appears in 1 contract

Sources: Securities Purchase Agreement (New Media Lottery Services Inc)