Common use of Conditions of Purchaser’s Obligation at the Initial Closing Clause in Contracts

Conditions of Purchaser’s Obligation at the Initial Closing. The obligation of Purchaser to purchase and pay for the Preferred Stock at the Initial Closing is subject to the satisfaction as of the Initial Closing of the following conditions:

Appears in 2 contracts

Samples: Securities Purchase Agreement (JetPay Corp), Securities Purchase Agreement (JetPay Corp)

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Conditions of Purchaser’s Obligation at the Initial Closing. The obligation of Purchaser to purchase and pay for the Preferred Stock Initial Note at the Initial Closing is subject to the satisfaction fulfillment as of the Initial Closing Date of the following conditionsconditions to Purchaser’s satisfaction in its sole discretion:

Appears in 1 contract

Samples: Convertible Notes Purchase Agreement (Wits Basin Precious Minerals Inc)

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Conditions of Purchaser’s Obligation at the Initial Closing. The obligation of each Purchaser to purchase and pay for the Preferred Stock at the Initial Closing is subject to the satisfaction as of the Initial Closing of the following conditions:

Appears in 1 contract

Samples: Securities Purchase Agreement (JetPay Corp)

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