Conditions of the Investors’ Obligation. The obligation to purchase and pay for the Securities at the Closing is subject to the fulfillment prior to or on the Closing date of the conditions set forth in this Section 5. In the event that any such condition is not satisfied to the satisfaction of each Investor, then the Investors shall not be obligated to proceed with the purchase of the Securities at the Closing.
Appears in 2 contracts
Samples: Preferred Stock and Warrant Purchase Agreement (Global Maintech Corp), Preferred Stock Purchase Agreement (Datakey Inc)
Conditions of the Investors’ Obligation. The obligation to --------------------------------------- purchase and pay for the Securities at the Closing is subject to the fulfillment prior to or on the Closing date of the conditions set forth in this Section 5. In the event that any such condition is not satisfied to the satisfaction of each Investor, then the Investors shall not be obligated to proceed with the purchase of the Securities at the Closing.
Appears in 1 contract
Samples: Preferred Stock and Warrant Purchase Agreement (Global Maintech Corp)
Conditions of the Investors’ Obligation. The obligation to purchase and pay for the Securities at the Closing is subject to the fulfillment prior to or on the Closing date of the conditions set forth in this Section 5. In the event that any such condition is not satisfied to the satisfaction of each Investor, then the Investors shall not be obligated to proceed with the purchase of the Securities at the Closing.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Medi Ject Corp /Mn/)
