CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE. a. The obligation of each Buyer hereunder to purchase Shares and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for each Buyer’s sole benefit and may be waived by a Buyer at any time in its sole discretion:
Appears in 2 contracts
Samples: Securities Purchase Agreement (Arch Therapeutics, Inc.), Securities Purchase Agreement (Arch Therapeutics, Inc.)
CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE. a. The obligation of each Buyer hereunder to purchase the Series A Preferred Shares and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date Date, of each of the following conditions, provided that these conditions are for each Buyer’s sole benefit and may be waived by a Buyer the Buyers at any time in its their sole discretion:
Appears in 2 contracts
Samples: Securities Purchase and Supplemental Exchange Rights Agreement (Pro Tech Communications Inc), Securities Purchase and Supplemental Exchange Rights Agreement (NCT Group Inc)
CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE. a. The obligation of each the Buyer hereunder to purchase the Series B Preferred Shares and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date Date, of each of the following conditions, provided that these conditions are for each Buyer’s sole benefit and may be waived by a the Buyer at any time in its sole discretion:
Appears in 1 contract
Samples: Securities Purchase and Supplemental Exchange Rights Agreement (NCT Group Inc)