Closing Dates and Closings Sample Clauses

Closing Dates and Closings. The date and time of the issuance and sale of the Debentures and Warrants pursuant to this Agreement (the "Closing Dates") shall be (i) in the case of the First Investment, the date hereof (the "First Closing Date"); and (ii) in the case of the Second Investment, December 31, 1998 or such earlier date in the month of December 1998 as the parties may mutually agree (the "Second Closing Date"). On each Closing Date, the Investor shall cause the purchase price for the Debentures being purchased on that Closing Date to be paid into escrow as provided in the Escrow Agreement attached hereto as Exhibit E, and the Company shall cause the Debentures and Warrant subscribed for hereby with respect to that Closing Date to be executed, issued and delivered to the Escrow Agent as provided in the Escrow Agreement. The parties expressly acknowledge and agree that on or before the Second Closing Date, the Company also shall cause to be delivered to the Investor a certificate of an officer of the Company to the effect that the conditions precedent to the Second Investment (as set forth in Section 2.2 above) have been satisfied and that the representations and warranties of the Company set forth herein are true and correct as of such date and will be true and correct as of the Second Closing Date.