Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Shares, and each Subscriber will deliver its portion of the Second Closing Purchase Price (the “Second Closing”). The Company will deliver a certificate (“Second Closing Certificate”) signed by its chief operating officer and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Closing Date, the actual effective date of the Registration Statement and the Second Closing Date as if such representations and warranties were made and given on each of such dates, (ii) adopting the covenants of the Company set forth in Section 6 of this Agreement in relation to the Second Closing Shares, and (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 8 of this Agreement. A legal opinion nearly identical to the legal opinion referred to in Section 3 of this Agreement shall be delivered to the Subscribers at the Second Closing in relation to the Company and Second Closing Shares (“Second Closing Legal Opinion”). The legal opinion must state that all of the Registrable Securities have been included for registration in an effective registration statement.
Appears in 1 contract
Sources: Subscription Agreement (P Com Inc)
Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Tranche Shares, and each the Subscriber will deliver its portion of the Second Closing Purchase Price Tranche Funds (the “"Second Closing”"). The Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief operating officer and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Closing Date, the actual effective date of the Registration Statement and the Second Closing Date as if such representations and warranties were made and given on each of such dates, (ii) adopting the covenants and obligations of the Company set forth in Section 6 this Agreement including but not limited to Sections 9, 11.7, and 13 of this Agreement in relation to the Second Closing Tranche Shares, and (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 8 11 of this Agreement. A legal opinion nearly identical to the legal opinion referred to in Section 3 6 of this Agreement shall be delivered to the Subscribers Subscriber at the Second Closing in relation to the Company and Second Closing Shares (“Second Closing Legal Opinion”)Tranche Shares. The legal opinion must state that all of the Registrable Securities have been included for registration in an effective registration statement.
Appears in 1 contract
Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing SharesShares and Second Closing Warrants, and each the Subscriber will deliver its portion of the Second Closing Purchase Price (the “"Second Closing”"). The Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief operating officer and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Closing Date, the actual effective date of the Registration Statement and the Second Closing Date as if such representations and warranties were made and given on each of such dates, (ii) adopting the covenants of the Company set forth in Section 6 of this Agreement in relation to the Second Closing SharesSecurities, and (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 8 of this Agreement. A legal opinion nearly identical to the legal opinion referred to in Section 3 of this Agreement shall be delivered to the Subscribers Subscriber at the Second Closing in relation to the Company and Second Closing Shares (“Second Closing Legal Opinion”)Securities. The legal opinion must state that all of the Registrable Securities have been included for registration in an effective registration statement.
Appears in 1 contract