Subscription Date Clause Samples

The Subscription Date clause defines the specific date on which a subscription agreement becomes effective or when the subscriber's rights and obligations commence. In practice, this date is often used to determine when payment is due, when services or benefits begin, or when contractual terms start to apply. By clearly establishing the start date of the subscription, this clause ensures both parties have a mutual understanding of when their respective commitments begin, thereby preventing disputes over timing and ensuring clarity in the contractual relationship.
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Subscription Date. On the Subscription Date (i) the Company and the Investor shall execute the Registration Rights Agreement, (ii) the Company shall execute and deliver irrevocable instructions to the transfer agent, in the form of Exhibit E attached hereto (the "Transfer Agent Instructions"), to prepare and deliver to the Investor, following each Sale, a share certificate in the name of the Investor and in the amount of the applicable Commitment Shares, the transfer agent shall confirm and accept such instructions, and a copy of such instructions shall be delivered to the Investor's legal counsel, (iii) the Investor shall deliver to the Company and the Company shall execute a Closing Statement, and (iv) the Company shall pay to the Investor the applicable fees and costs determined in accordance with Section 10.1, by wire transfer of immediately available funds to the account designated in writing by the Investor. In addition, on or prior to the Subscription Date, each of the Company and the Investor shall deliver to the other all documents, instruments and writings required to be delivered or reasonably requested by either of them pursuant to this Agreement in order to implement and effect the transactions contemplated herein.
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Subscription Date. (a) in respect of any tranche of Series A Bond, the date falling five (5) Business Days from the relevant date of the Series A Subscription Notice has been delivered and received by the Subscriber; and (b) in respect of any tranche of Series B Bond, the date falling five (5) Business Days from the relevant date of the Series B Subscription Notice has been delivered and received by the Company.
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Subscription Date. The Parties hereby confirm that the First Subscription Date shall occur on or before December 31, 1997, and that unless the First Subscription Date occurs on or before such date, the USA shall automatically terminate, Clause 14.2.2(ii) of the USA being amended accordingly.
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Subscription Date. On the Subscription Date (i) the Company and the Investor shall execute the Registration Rights Agreement and (ii) the Company shall execute and deliver irrevocable instructions to the transfer agent, in the form of Exhibit F attached hereto (the "TRANSFER AGENT INSTRUCTIONS"), to prepare and deliver to the Investor, following each Sale or conversion of the Preferred Stock, a share certificate in the name of the Investor and in the amount of the applicable Commitment Shares, the transfer agent shall confirm and accept such instructions, and a copy of such instructions shall be delivered to the Investor's legal counsel. In addition, on or prior to the Subscription Date, each of the Company and the Investor shall deliver to the other all documents, instruments and writings required to be delivered or reasonably requested by either of them pursuant to this Agreement in order to implement and effect the transactions contemplated herein.
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Subscription Date. 6.1 The issuance and the subscription of the Group Shares shall take place immediately following satisfaction of the Condition (the Subscription Date). 6.2 On the Subscription Date, and if so requested by CBG, the Bank shall deliver to CBG forthwith a share certificate in respect of the Group Shares and the Bank shall forthwith enter the name of CBG in the Bank’s register of members in respect of such Group Shares.
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Related to Subscription Date

  • Subscription Period 5.1.1 The Subscription Period is binding upon both Zensai and the Customer, meaning the Customer cannot terminate the Service, the Support Services and this SAAS Agreement during a Subscription Period. Notwithstanding the above, the Customer can terminate the Subscription due to a material default in the Services, cf. Section 10.3, or if a material change to the terms and conditions of the SAAS Agreement comes into force, cf. Section 16.1, and if the Customer is not in breach of the SAAS Agreement, Zensai will refund a pro rata portion of the Subscription Fee for the remaining un- used period of the Service and Support Services. 5.1.2 The Subscription Fee for the Subscription Period is defined in the Quote. The Customer may add Users or upgrade the Service during the Subscription Period but may not downgrade the number of Users during the Subscription Period. For Support Services, the Customer may upgrade its level of Helpdesk Services during a Subscription Period, but the Customer may not downgrade to a lower service level. 5.1.3 The initial Subscription Period shall be defined in the Quote as accepted by the Customer and shall cover a minimum of 12 months. At the end of the initial term, the Subscription is subject to automatic renewal with a Subscription Period running for terms of 12 months, or longer periods if agreed in a new Quote. The Subscription Fee will be invoiced upon renewal for pre-payment. The Subscription may be changed or terminated by the Customer with a notice of no less than 60 days before renewal. 5.1.4 Zensai may terminate the SAAS Agreement by giving a notice of twelve (12) months before the end of a Subscription Period.

  • Subscription (a) The undersigned (“Subscriber”) hereby irrevocably subscribes for and agrees to purchase Class A Common Stock (the “Securities”), of SlideBelts Inc., a Delaware corporation (the “Company”), at a purchase price of $0.37 per share of Class A Common Stock (the “Per Security Price”), upon the terms and conditions set forth herein. The rights of the Class A Common Stock are as set forth in Amended and Restated Articles of Incorporation of the Company, as amended (the “Restated Articles”), filed as an exhibit to the Offering Statement of the Company filed with the SEC (the “Offering Statement”). (b) Subscriber understands that the Securities are being offered pursuant to an offering circular dated _______ (the “Offering Circular”) filed with the SEC as part of the Offering Statement. By executing this Subscription Agreement, Subscriber acknowledges that Subscriber has received this Subscription Agreement, copies of the Offering Circular and Offering Statement, including exhibits thereto, and any other information required by the Subscriber to make an investment decision. (c) The Subscriber’s subscription may be accepted or rejected in whole or in part, at any time prior to a Closing Date (as hereinafter defined), by the Company at its sole discretion. In addition, the Company, at its sole discretion, may allocate to Subscriber only a portion of the number of Securities Subscriber has subscribed for. The Company will notify Subscriber whether this subscription is accepted (whether in whole or in part) or rejected. If Subscriber’s subscription is rejected, Subscriber’s payment (or portion thereof if partially rejected) will be returned to Subscriber without interest and all of Subscriber’s obligations hereunder shall terminate. (d) The aggregate number of Securities sold shall not exceed 13,513,513 (the “Maximum Offering”). The Company may accept subscriptions until _________, unless otherwise extended by the Company in its sole discretion in accordance with applicable SEC regulations for such other period required to sell the Maximum Offering (the “Termination Date”). The Company may elect at any time to close all or any portion of this offering, on various dates at or prior to the Termination Date (each a “Closing Date”). (e) In the event of rejection of this subscription in its entirety, or in the event the sale of the Securities (or any portion thereof) is not consummated for any reason, this Subscription Agreement shall have no force or effect, except for Section 5 hereof, which shall remain in force and effect. (f) The terms of this Subscription Agreement shall be binding upon Subscriber and its transferees, heirs, successors and assigns (collectively, “Transferees”); provided that for any such transfer to be deemed effective, the Transferee shall have executed and delivered to the Company in advance an instrument in a form acceptable to the Company in its sole discretion, pursuant to which the proposed Transferee shall acknowledge, agree, and be bound by the representations and warranties of Subscriber and terms of this Subscription Agreement.

  • Subscription Term The transfer of Software Subscription(s) to Cloud Access does not change the start date or the duration of the original Software Subscription(s) and once your Software Subscription expires, your access to the Software Subscription in the Vendor’s Cloud will cease, unless otherwise renewed. You may renew your Software Subscription with Red Hat directly or an authorized partner.

  • Subscription Price Each Warrant is exercisable at a price per share (the “Exercise Price”) of US$1.00. One (1) Warrant and the Exercise Price are required to subscribe for each share during the term of the Warrants.

  • Stock Split All references to numbers of shares in this Agreement shall be appropriately adjusted to reflect any stock dividend, split, combination or other recapitalization affecting the Capital Stock occurring after the date of this Agreement.