Common use of Conditions and Closing Clause in Contracts

Conditions and Closing. 4.1 The closing date (the "Closing Date") on such date as may be determined by the Issuer in its sole discretion. The Issuer may, at its discretion, elect to close the Offering in one or more closings, in which event the Issuer may agree with one or more purchasers (including the Subscriber) to complete delivery of the Common Shares to such purchaser(s) against payment therefor at any time on or prior to the Closing Date. 4.2 The Closing is conditional upon and subject to: (a) the Issuer having obtained any necessary approvals and consents for the Offering; and (b) the issue and sale of the Common Shares being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities laws relating to the sale of the Common Shares, or the Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to file a prospectus or deliver an offering memorandum. 4.3 The Subscriber acknowledges that the original share certificates representing the Common Shares ("Certificates") will be held by the Issuer in the Issuer's minute book. The Issuer will deliver electronic copies of the Certificates to the Subscriber within seven business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3.1 hereof and the Issuer has accepted this Agreement.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (McEwen Mining Inc.), Private Placement Subscription Agreement (McEwen Mining Inc.)

AutoNDA by SimpleDocs

Conditions and Closing. 4.1 The closing date (the "Closing Date") on such date as may be determined by the Issuer in its sole discretion. The Issuer may, at its discretion, elect to close the Offering in one or more closings, in which event the Issuer may agree with one or more purchasers (including the Subscriber) to complete delivery of the Common Shares to such purchaser(s) against payment therefor at any time on or prior to the Closing Date. 4.2 The Closing is conditional upon and subject to: (a) the Issuer having obtained any necessary third party approvals and consents for the Offering; and (b) the issue and sale of the Common Shares being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities laws relating to the sale of the Common Shares, or the Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to file a prospectus or deliver an offering memorandum. 4.3 The Subscriber acknowledges that the original share certificates representing the Common Shares ("Certificates") will be held by the Issuer in the Issuer's minute book. The Issuer will deliver electronic copies of the Certificates to the Subscriber within seven business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3.1 hereof and the Issuer has accepted this Agreement.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (McEwen Mining Inc.)

Conditions and Closing. 4.1 The closing date (the "Closing Date") Date will occur on such date as may be determined by the Issuer in its sole discretion. The Issuer may, at its discretion, elect to close the Offering in one or more closings, in which event the Issuer may agree with one or more purchasers (including the Subscriber) to complete delivery of the Common Shares and the Commitment Shares to such purchaser(s) against payment therefor at any time on or prior to the Closing Date. 4.2 The Closing is conditional upon and subject to: (a) the Issuer having obtained any all necessary approvals and consents consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Common Shares Securities being exempt from the requirement to file a prospectus and a registration statement and the requirement to deliver an offering memorandum under applicable securities laws legislation relating to the sale of the Common SharesSecurities, or the Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to file a prospectus or deliver an offering memorandum. 4.3 The Subscriber acknowledges that the original share certificates representing the Common Shares ("Certificates") and the Commitment Shares will be held by the Issuer in the Issuer's minute book. The Issuer will deliver electronic copies of the Certificates to the Subscriber available for delivery within seven five (5) business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3.1 3 hereof and the Issuer has accepted this Agreement.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (ALKALINE WATER Co INC)

AutoNDA by SimpleDocs

Conditions and Closing. 4.1 The closing date (the "Closing Date") Date will occur on such date as may be determined by the Issuer in its sole discretion. The Issuer may, at its discretion, elect to close the Offering in one or more closings, in which event the Issuer may agree with one or more purchasers (including the Subscriber) to complete delivery of the Common Shares Units to such purchaser(s) against payment therefor at any time on or prior to the Closing Date... 4.2 The Closing is conditional upon and subject to: (a) the Issuer having obtained any all necessary approvals and consents consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Common Shares Units being exempt from the requirement to file a prospectus and a registration statement and the requirement to deliver an offering memorandum under applicable securities laws legislation relating to the sale of the Common SharesUnits, or the Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to file a prospectus or deliver an offering memorandum. 4.3 The Subscriber acknowledges that the original share certificates representing the Common Shares ("Certificates") and the Warrants will be held by the Issuer in the Issuer's minute book. The Issuer will deliver electronic copies of the Certificates to the Subscriber available for delivery within seven five (5) business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3.1 3 hereof and the Issuer has accepted this Agreement.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (ALKALINE WATER Co INC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!