Common use of Draw Down Notice Clause in Contracts

Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice which shall specify the dollar amount in one or more multiples of $500,000 of Shares the Company elects to sell to the Investor (each such election, a "Draw Down") up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice in the form of Exhibit C hereto by hand delivery to the addresses set forth in Section 10.04 (or by e-mail to an address separately furnished to the Company), with a copy to the Investor's counsel, as to such Draw Down Amount (the "Draw Down Notice"). In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount, nor shall the aggregate Draw Down Amounts exceed the Maximum Commitment Amount. Each Draw Down Notice shall be accompanied by a certificate signed by the Chief Financial Officer or the Executive Vice President, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.

Draw Down Notice. During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice which shall specify the dollar amount in one or more multiples of $500,000 of Shares the Company elects to sell to the Investor (each such election, a "“Draw Down"”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept. The Company shall inform the Investor in writing by sending a duly completed Draw Down Notice in the form of Exhibit C hereto by hand delivery to the addresses set forth in Section 10.04 (or by e-mail to an address separately furnished to the Company), with a copy to the Investor's ’s counsel, as to such Draw Down Amount (the "“Draw Down Notice"”). In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount, nor shall the aggregate Draw Down Amounts exceed the Maximum Commitment Amount. Each Draw Down Notice shall be accompanied by a certificate signed by the Chief Financial Officer or the Executive Vice President, dated as of the date of such Draw Down Notice, in the form of Exhibit D hereof.