Common use of Closing and Delivery of Securities Clause in Contracts

Closing and Delivery of Securities. An initial closing (“Initial Closing”) may occur at the office of Xxxxx Xxxxxx Xxxxxxxx & Xxxxxx LLP at any time prior to the Termination Date, as determined by the Company. The initial closing, and subsequent closings with respect to the sale of additional Securities, may take place at any time prior to the Termination Date (each such closing, together with the Initial Closing, being referred to as the “Closing”). In the event my subscription is accepted and there is a Closing, my payment will be released to the Company and the certificates representing the Securities will be delivered promptly to me along with a fully executed version of this Agreement.