Common use of Condition to Closing Clause in Contracts

Condition to Closing. It is expressly agreed by the parties that the closing of the transactions contemplated by this Agreement is conditional upon the Corporation entering into one or more definitive written agreements with one or more third parties or affiliates of the Investor or the Company to purchase the Corporation's Common Stock on, or before, the Closing, the purchase price(s) of which when combined with the Purchase Price of the Shares purchased by the Investor hereunder, will equal at least U.S.$500,000 in the aggregate. In the event that the foregoing condition is not satisfied on, or before, the date of the Closing, the Closing shall not occur and this Agreement shall automatically terminate without obligation or liability of either party.

Condition to Closing. It is expressly agreed by the parties that the closing of the transactions contemplated by this Agreement is conditional upon the Corporation entering into one or more definitive written agreements with one or more third parties or affiliates of the Investor or the Company to purchase the Corporation's Common Stock on, or before, the Closing, the purchase price(s) of which when combined with the Purchase Price of the Shares purchased by the Investor hereunder, will equal at least U.S.$500,000 U.S.$2.5 million in the aggregate. In the event that the foregoing condition is not satisfied on, or before, the date of the Closing, the Closing shall not occur and this Agreement shall automatically terminate without obligation or liability of either party.

Condition to Closing. It is expressly agreed by the parties that the closing of the transactions contemplated by this Agreement is conditional upon the Corporation entering into one or more definitive written agreements with one or more third parties or affiliates of the Investor or the Company to purchase the Corporation's ’s Common Stock on, on or before, before the Closing, the purchase price(s) of which when combined with the Purchase Price of the Shares purchased by the Investor hereunder, will equal at least U.S.$500,000 $4 million in the aggregate. In the event that the foregoing condition is not satisfied on, on or before, before the date of the Closing, the Closing shall not occur and this Agreement shall automatically terminate without obligation or liability of either party.

Condition to Closing. It is expressly agreed by the parties that the closing of the transactions contemplated by this Agreement is conditional upon the Corporation entering into one or more definitive written agreements with one or more third parties or affiliates of the Investor or the Company to purchase the Corporation's Common Stock on, on or before, before the Closing, the purchase price(s) of which when combined with the Purchase Price of the Shares purchased by the Investor hereunder, will equal at least U.S.$500,000 $4 million in the aggregate. In the event that the foregoing condition is not satisfied on, on or before, before the date of the Closing, the Closing shall not occur and this Agreement shall automatically terminate without obligation or liability of either party.