Common use of APPROVAL OF INVESTORS Clause in Contracts

APPROVAL OF INVESTORS. Prior to each closing, the Company shall have the right to approve each Purchaser. If the Company withholds approval of any Purchaser, the purchase price wired to Escrow Agent by such Purchaser shall be returned to such Purchaser along with the Purchaser Signature Pages of such Purchaser to the Purchase Agreement, the Registration Rights Agreement, and the Escrow Agreement. The right to withhold approval of any Purchaser shall be deemed to have been waived if the Company authorizes the Escrow Agent to disburse funds provided by any Purchaser at any closing.

APPROVAL OF INVESTORS. Prior to each closing, the Company shall have the right to approve each Purchaser. If the Company withholds approval of any Purchaser, the purchase price wired to Escrow Agent by such Purchaser shall be returned to such Purchaser along with the Purchaser Signature Pages of such Purchaser to the Purchase Agreement, the Registration Rights Agreement, and the Escrow Agreement. The right to withhold approval of any Purchaser shall be deemed to have been waived if the Company authorizes the Escrow Agent to disburse funds provided by any Purchaser at any closingClosing.