Common use of Additional Closing Clause in Contracts

Additional Closing. (a) The Additional Closing shall take place at the offices of the Company, 000 Xxxxx Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxxxxx, Xxxxxxxxxx 00000 at 10:00 a.m., Los Angeles time, as soon as practicable, or at such other time and place as the parties may agree but not later than on the tenth Business Day, following the execution of Amendment No. 3 to Stock Purchase Agreement, or (the date on which the Additional Closing occurs, the "Additional Closing Date"). (b) At the Additional Closing, (i) the Company will deliver to the Purchaser certificates representing the Additional Preferred Stock to be purchased by, and sold to, the Purchaser pursuant to Section 2.3.1 hereof (registered in the name or names and in the denominations designated by Purchaser at least two Business Days prior to the Additional Closing Date), (ii) the Purchaser, in full payment for the Additional Preferred Stock to be purchased by, and sold to, the Purchaser pursuant to Section 2.3.1 hereof, will deliver to the Company an amount per share equal to the Additional Purchase Price, in immediately available funds by wire transfer to the account specified by the Company to Purchaser, at least two Business Days prior to the Additional Closing Date, or by such other means as may be agreed upon by the parties hereto, and (iii) the Company will issue the Additional Warrant to a designee of the Purchaser." (b) Section 2.4 is deleted in its entirety and replaced by the following:

Additional Closing. (a) The Additional Closing shall take place at the offices of the Company, 000 350 Xxxxx Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxxxxx, Xxxxxxxxxx 00000 at xx 10:00 a.m., Los Angeles time, as soon as practicable, or at such other time and place as the parties may agree but not later than on the tenth Business Day, following the execution of Amendment No. 3 to Stock Purchase Agreement, or (the date on which the Additional Closing occurs, the "Additional Closing Date"). (b) At the Additional Closing, (i) the Company will deliver to the Purchaser certificates representing the Additional Preferred Stock to be purchased by, and sold to, the Purchaser pursuant to Section 2.3.1 hereof (registered in the name or names and in the denominations designated by Purchaser at least two Business Days prior to the Additional Closing Date), (ii) the Purchaser, in full payment for the Additional Preferred Stock to be purchased by, and sold to, the Purchaser pursuant to Section 2.3.1 hereof, will deliver to the Company an amount per share equal to the Additional Purchase Price, in immediately available funds by wire transfer to the account specified by the Company to Purchaser, at least two Business Days prior to the Additional Closing Date, or by such other means as may be agreed upon by the parties hereto, and (iii) the Company will issue the Additional Warrant to a designee of the Purchaser." (b) Section 2.4 is deleted in its entirety and replaced by the following: