COMPANY’S CONDITIONS TO EACH CLOSING. The Company’s obligation to sell and issue any Preferred Shares at the Closing to each Investor is, at the option of the Company, subject to the fulfillment of the following conditions as of the Closing:
COMPANY’S CONDITIONS TO EACH CLOSING. The Company’s obligation to sell and issue the Note to the Investor at the Initial Closing and to make additional borrowings under the Note at each other Closing, is, at the option of the Company, subject to the fulfillment of the following conditions as of such Closing: