Conditions Precedent to a Tranche Notice. The right of the Company to deliver a Tranche Notice and the obligation of the Investor to accept a Tranche Notice and to acquire and pay for the Preferred Shares are subject to the satisfaction, on the Tranche Notice Date, of each of the conditions set forth below:
Appears in 4 contracts
Samples: Securities Purchase Agreement (Oilsands Quest Inc), Securities Purchase Agreement (Pet Airways Inc.), Securities Purchase Agreement (Daystar Technologies Inc)
Conditions Precedent to a Tranche Notice. The right of the Company to deliver a Tranche Notice and the obligation of the Investor to accept a Tranche Notice and to acquire and pay for the Preferred Shares with respect to such Tranche Notice are subject to the satisfaction, on each of the applicable Tranche Notice Date and the applicable Tranche Closing Date, of each of the conditions set forth below:
Appears in 3 contracts
Samples: Security Agreement (NYXIO TECHNOLOGIES Corp), Securities Purchase Agreement (Bionovo Inc), Securities Purchase Agreement (Marina Biotech, Inc.)
