Additional Conditions to the First Closing Sample Clauses

Additional Conditions to the First Closing. In addition to the conditions set forth in Section 4.1, the obligation of the Investor to purchase First Closing Preferred Shares at the First Closing is subject to the fulfillment, to the satisfaction of the Investor on or prior to the First Closing Date, of the following conditions:
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Additional Conditions to the First Closing. (a) In addition to the conditions to the obligations of the Company as set forth in Section 6.01 and Section 6.03, the obligations of the Company to consummate the First Closing are subject to the satisfaction, or waiver by the Company, at or before the First Closing Date of the condition that USA Hemp shall have provided to the Company audited financial statements for USA Hemp and related auditor reports thereon from a Public Company Accounting Oversight Board-registered auditor which consents to the inclusion of its statements in SEC public filings, for each of the two most recently ended fiscal years and any other period audited or unaudited but reviewed financials are required to be included in the SEC Reports following the First Closing pursuant to applicable Law, and unaudited statements for any other required interim periods.
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Additional Conditions to the First Closing. Prior to the First Closing, (a) the Company shall have delivered to the Buyer such other documents and instruments as the Buyer deems reasonably necessary or desirable to consummate the transactions contemplated hereby, (b) the Buyer shall have received an opinion of counsel from counsel to the Company in a form satisfactory to the Buyer, (c) the Company shall have provided to the Buyer a certificate of good standing from the secretary of state from the state in which the company is incorporated, (d) the Company shall have provided to the Buyer an acknowledgement, to the satisfaction of the Buyer, from the Company’s certified public accountants as to its ability to provide all consents required in order to file a registration statement in connection with this transaction.
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Additional Conditions to the First Closing. In addition to the conditions set forth in Sections 3.01, 3.02 and 3.03 above, the obligations of the Purchaser to consummate the First Closing are also subject to the condition precedent that no Material Adverse Effect shall have occurred.
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Additional Conditions to the First Closing. The outstanding principal balance and accrued interest on the 2004 Notes shall have been paid in full, and provision shall have been made to the Purchaser’s reasonable satisfaction for the release of all Liens securing the 2004 Notes upon or promptly after the First Closing, the parties thereto shall have entered into the Intercreditor Agreement, and (iii) UCC Financing Statement 3087010 8 (filed with the Secretary of State of the State of Delaware), naming Dxxxx X. Xxxx and Dxxxxx Xxxxxxxx as secured parties, shall have been terminated..
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Related to Additional Conditions to the First Closing

  • Additional Conditions to Closing (a) All necessary approvals under federal and state securities laws and other authorizations relating to the issuance of the Acquisition Shares and the transfer of the Shares shall have been received.

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction, on or before October 1, 2004, of the following conditions:

  • Conditions to the Effective Date The obligation of each Lender to amend and restated the Existing Credit Agreement and continue the Loans hereunder on the Effective Date is subject to satisfaction or waiver in writing by the Lenders of the following conditions precedent:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • Conditions Precedent to the Effective Date The occurrence of the Effective Date pursuant to Section 13.10 is subject to the satisfaction of the following conditions:

  • Conditions to Second Closing The occurrence of the Second Closing is expressly contingent on (i) the truth and accuracy, on the Effective Date, Actual Effective Date and the Second Closing Date of the representations and warranties of the Company and Subscriber contained in this Agreement, (ii) continued compliance with the covenants of the Company set forth in this Agreement, (iii) the non-occurrence of any Event of Default (as defined in the Note) or other default by the Company of its obligations and undertakings contained in this Agreement, (iv) the delivery on the Second Closing Date of Second Closing Notes for which the Company Shares issuable upon conversion have been included in the Registration Statement, which must be effective as of the Second Closing Date, and (v) the delivery of the Second Closing Warrants for which the Warrant Shares issuable upon exercise have been included in the Registration Statement which must be effective as of the Second Closing Date. The exercise prices of the Warrants issuable on the Second Closing Date shall be adjusted to offset the effect of stock splits, stock dividends, pro rata distributions of property or equity interests to the Company's shareholders after the Initial Closing Date.

  • Conditions Precedent/Effectiveness Conditions This Amendment shall be effective upon (the “Effective Date”) the satisfaction of each of the following conditions (all documents to be in form and substance reasonably satisfactory to Administrative Agent and Administrative Agent’s counsel):

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

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