Common use of Initial Closing Clause in Contracts

Initial Closing. The obligation of each Buyer hereunder to purchase the Initial Notes and the related Initial Warrants at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion by providing the Company with prior written notice thereof:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Net Element, Inc.), Securities Purchase Agreement (Net Element, Inc.), Securities Purchase Agreement (Net Element, Inc.)

AutoNDA by SimpleDocs

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyerthe Company's sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Net Element, Inc.), Securities Purchase Agreement (Net Element, Inc.), Securities Purchase Agreement (Net Element, Inc.)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Comscore, Inc.)

Initial Closing. The obligation obligations of the Company to each Buyer hereunder Investor to purchase sell and deliver the Initial Notes and the related Initial Warrants at the Initial Closing is Closing, are subject to the satisfaction, at fulfillment on or before the Initial Closing Date, of each of the following conditions, provided that these unless such condition or conditions are for each Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion by providing the Company with prior written notice thereofCompany:

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (DSL Net Inc), Note and Warrant Purchase Agreement (DSL Net Inc)

Initial Closing. The obligation of each Buyer hereunder to purchase the Initial Notes and the related Initial Warrants at the Initial Closing is subject to the satisfactionsatisfaction (or waiver), at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's ’s sole benefit and may be waived by such Buyer at any time in its sole discretion by providing the Company with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Comscore, Inc.)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes Preferred Shares and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyerthe Company's sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Form of Securities Purchase Agreement (Oxygen Biotherapeutics, Inc.), Securities Purchase Agreement (Interpharm Holdings Inc)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyerthe Company's sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Uni-Pixel)

Initial Closing. The obligation of the Company hereunder to issue and sell the Preferred Shares and the Series A Warrants to each Buyer hereunder to purchase the Initial Notes and the related Initial Warrants at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Acacia Research Corp)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Converted Organics Inc.)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Devcon International Corp)

AutoNDA by SimpleDocs

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes Preferred Shares and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (American Defense Systems Inc)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyerthe Company's sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:: (i) Such Buyer shall have executed each of the Transaction Documents to which it is a party and delivered the same to the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Banro Corp)

Initial Closing. The obligation of each Buyer hereunder the Company to purchase issue and sell the Initial Notes and the related Initial Warrants Note to Purchaser at the Initial Closing as contemplated by Section 2.1 is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company Purchaser with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Skinny Nutritional Corp.)

Initial Closing. The obligation of the Company hereunder to issue and sell the Notes and Warrants to each Buyer hereunder to purchase the Initial Notes and the related Initial Warrants at the Initial Closing is subject to the satisfaction, at on or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company Collateral Agent and/or such Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Odyssey Marine Exploration Inc)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes and to the related Initial Warrants Investor at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyerthe Company's sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company Investor with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Great Basin Scientific, Inc.)

Initial Closing. The obligation of each Buyer the Company hereunder to purchase issue and sell the Initial Notes Common Shares and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's the Company’s sole benefit and may be waived by such Buyer the Company at any time in its sole discretion by providing the Company each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (China Technology Development Group Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.