Common use of Conditions to Borrower’s Obligation to Sell Clause in Contracts

Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. Investor shall have executed all applicable Transaction Documents and delivered the same to Borrower. 5.2. Investor shall have delivered the Purchase Price into escrow in accordance with Section 1.2 above.

Appears in 2 contracts

Samples: Securities Purchase Agreement (MGT Capital Investments Inc), Securities Purchase Agreement (MGT Capital Investments Inc)

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Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. (a) Investor shall have executed all applicable Transaction Documents this Agreement and delivered the same to BorrowerBxxxxxxx. 5.2. (b) Investor shall have delivered the Purchase Price into escrow to the Borrower in accordance with Section 1.2 1.1 above.

Appears in 1 contract

Samples: Securities Purchase Agreement (SMX (Security Matters) Public LTD Co)

Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. Investor shall have executed all applicable Transaction Documents this Agreement and delivered the same to Borrower. 5.2. Investor shall have delivered the Initial Cash Purchase Price into escrow to Borrower in accordance with Section 1.2 above.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Boatworks Holdings, Inc.)

Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities Note to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.12.1. Investor shall have executed all applicable Transaction Documents this Agreement and the Investor Notes and delivered the same to Borrower. 5.22.2. Investor shall have delivered the Initial Cash Purchase Price into escrow to Borrower in accordance with Section 1.2 above.

Appears in 1 contract

Samples: Note Purchase Agreement (Global Boatworks Holdings, Inc.)

Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities Note to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. Investor shall have executed all applicable Transaction Documents this Agreement and delivered the same to Borrower. 5.2. Investor shall have delivered the Purchase Price into escrow to Borrower in accordance with Section 1.2 above.

Appears in 1 contract

Samples: Note Purchase Agreement (Nemaura Medical Inc.)

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Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities Note to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. Investor shall have executed all applicable Transaction Documents this Agreement and the Investor Notes and delivered the same to Borrower. 5.2. Investor shall have delivered the Initial Cash Purchase Price into escrow to Borrower in accordance with Section 1.2 above.

Appears in 1 contract

Samples: Note Purchase Agreement (Nemaura Medical Inc.)

Conditions to Borrower’s Obligation to Sell. The obligation of Borrower hereunder to issue and sell the Securities Note to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions: 5.1. Investor shall have executed all applicable Transaction Documents this Agreement and delivered the same to Borrower. 5.2. Investor shall have delivered the Purchase Price into escrow to Borrower in accordance with Section 1.2 above.

Appears in 1 contract

Samples: Note Purchase Agreement (Jaguar Health, Inc.)

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