Common use of Fully Earned Clause in Contracts

Fully Earned. Any Investor's Shares delivered to the Investor in connection with either the first or the second installment shall be deemed fully earned upon delivery to the Investor.

Appears in 3 contracts

Sources: Equity Line of Credit Agreement (Vertical Computer Systems Inc), Equity Line of Credit Agreement (Vertical Computer Systems Inc), Equity Line of Credit Agreement (Vertical Computer Systems Inc)