Closing and Subsequent Closing. Assuming that all other conditions of Closing have been satisfied or waived, the purchase and sale of the Series B Preferred Stock to be sold at the Closing pursuant to Section 1.1(c) shall take place at the offices of Xxxxxxxxx Xxxxx Xxxxxxx & Xxxxx, 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000, Xxxxxxx Xxxxx, XX 00000 at 10:00 am on December 14, 2009 or at such other time and place as the Company and Investors acquiring in the aggregate more than half of the shares of Series B Preferred Stock sold pursuant hereto mutually agree upon orally or in writing (which time and place are designated as the “Closing”). At the Closing, the Company shall deliver to each Investor a certificate representing the Series B Preferred Stock that such Investor is purchasing against payment of the purchase price therefor by wire transfer of immediately available funds to an account designated by the Company. Assuming that all conditions of the Subsequent Closing have been satisfied or waived, the purchase and sale of the Series B Preferred Stock to take place at the Subsequent Closing shall take place at the offices of Xxxxxxxxx Xxxxx Xxxxxxx & Xxxxx, 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000, Xxxxxxx Xxxxx, XX 00000 at 10:00 am on December 18, 2009 or at such other time and place as the Company and Investors acquiring in the aggregate more than half of the shares of Series B Preferred Stock sold pursuant hereto mutually agree upon orally or in writing (which time and place are designated as the “Subsequent Closing”). At the Subsequent Closing, the Company shall deliver to each Investor a certificate representing the Series B Preferred Stock that such Investor is purchasing at the Subsequent Closing against payment of the purchase price therefor by wire transfer of immediately available funds to an account designated by the Company.
Closing and Subsequent Closing. 5.1 Closing shall take place on the Closing Date at the offices of the Purchaser's Lawyers (or at such other place as the Parties may agree) when:-
