Common use of Conditions and Closing Clause in Contracts

Conditions and Closing. 4.1 The closing of the sale of the Note to the Subscriber (the “Closing”) shall occur on or before April 15, 2014, or on such other date as may be determined by the Company in its sole discretion (the “Closing Date”). 4.2 The Closing is conditional upon and subject to: (a) the Company having obtained all necessary approvals and consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Securities being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities legislation relating to the sale of the Securities, or the Company 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 On the Closing Date, the Subscriber acknowledges that the certificates representing the Note will be available for delivery, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the Company has accepted this Agreement.

Conditions and Closing. 4.1 The closing of the sale of the Note to the Subscriber (the “Closing”) Closing shall occur on or before April 15November 30, 20142013, or on such other date as may be determined by the Company Issuer in its sole discretion (the “Closing Date”). 4.2 The Closing (including the closing of this Subscription) is conditional upon and subject to: (a) the Company Issuer having obtained all necessary approvals and consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Securities Units being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities legislation relating to the sale of the SecuritiesUnits, or the Company 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 On the Closing Date, the The Subscriber acknowledges that the certificates representing the Note Shares and the Warrants will be available for delivery, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the Company Issuer has accepted this Agreement.

Conditions and Closing. 4.1 The closing of the sale of the Note Securities to the Subscriber (the “Closing”) shall occur on or before April 15December 24, 20142013, or on such other date as may be determined by the Company Issuers in its their sole discretion (the “Closing Date”). 4.2 The Closing is conditional upon and subject to: (a) the Company Issuers having obtained all necessary approvals and consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Securities being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities legislation relating to the sale of the Securities, or the Company Issuers 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 On the Closing Date, the Subscriber acknowledges that the certificates representing the Note Securities will be available for delivery, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the Company has Issuers have accepted this Agreement.

Conditions and Closing. 4.1 The closing of the sale of the Note Securities to the Subscriber (the “Closing”) shall occur on or before April 15November 14, 20142013, or on such other date as may be determined by the Company Issuers in its their sole discretion (the “Closing Date”). 4.2 The Closing is conditional upon and subject to: (a) the Company Issuers having obtained all necessary approvals and consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Securities being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities legislation relating to the sale of the Securities, or the Company Issuers 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 On the Closing Date, the Subscriber acknowledges that the certificates representing the Note Securities will be available for delivery, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the Company has Issuers have accepted this Agreement.

Conditions and Closing. 4.1 The closing of the sale of the Note to the Subscriber (the “Closing”) shall Closing Date will occur on or before April 15, 2014, or on such other date as may be determined by the Company Issuer in its sole discretion (discretion. The Issuer may, at its discretion, elect to close the “Closing Date”)Offering in one or more closings. 4.2 The Closing is conditional upon and subject to: (a) the Company Issuer having obtained all necessary approvals and consents, including regulatory approvals for the Offering; and (b) the issue and sale of the Securities Subscription Receipts being exempt from the requirement to file a prospectus and the requirement to deliver an offering memorandum or registration statement under applicable securities legislation laws relating to the sale of the SecuritiesSubscription Receipts, or the Company Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to file a prospectus or registration statement, or deliver an offering memorandum. 4.3 On the Closing Date, the The Subscriber acknowledges that the certificates certificate representing the Note Subscription Receipts will be available for deliverydelivery within five business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the Company Issuer has accepted this Agreement.