Common use of Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares Clause in Contracts

Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or sell the Preferred Shares to Purchaser at the Closing (unless otherwise specified) is subject to the satisfaction, at or before the Closing, of each of the applicable conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 3 contracts

Samples: Purchase Agreement (Flight Safety Technologies Inc), Purchase Agreement (Flight Safety Technologies Inc), Purchase Agreement (Flight Safety Technologies Inc)

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Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or and sell the Preferred Shares to Purchaser at the Closing (unless otherwise specified) Purchasers is subject to the satisfactionsatisfaction or waiver, at or before the Closing, of each of the applicable conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 2 contracts

Samples: Series a Preferred Stock Purchase Agreement (Point Capital, Inc.), Securities Purchase Agreement (China Dredging Group Co., Ltd.)

Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or and sell the Preferred Shares to the Purchaser at the Closing (unless otherwise specified) is subject to the satisfactionsatisfaction or waiver, at or before the Closing, of each of the applicable conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Titan Energy Worldwide, Inc.), Convertible Preferred Stock Purchase Agreement (Pioneer Power Solutions, Inc.)

Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or and sell the Preferred Shares and the Warrants to Purchaser at the Closing (unless otherwise specified) Purchasers is subject to the satisfactionsatisfaction or waiver, at or before the each Closing, of each of the applicable conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fluoropharma Medical, Inc.)

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Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or and sell the Preferred Shares to the Purchaser at the Closing (unless otherwise specified) is subject to the satisfactionsatisfaction or waiver, at or before any of the ClosingClosings, of each of the applicable conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 1 contract

Samples: Purchase Agreement (Homeland Security Capital CORP)

Conditions Precedent to the Obligation of the Company to Sell the Preferred Shares. The obligation hereunder of the Company to issue and/or sell the Preferred Shares to each Purchaser at the Closing (unless otherwise specified) is subject to the satisfaction, at or before the Closing, of each of the applicable conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 1 contract

Samples: Investor Purchase Agreement (Flight Safety Technologies Inc)

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