CONDITIONS TO EACH PURCHASER'S OBLIGATION TO EXCHANGE. The obligation of each Purchaser hereunder to exchange the Notes for the Preferred Shares 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 Purchaser's sole benefit and may be waived by such Purchaser at any time in its sole discretion:
Appears in 5 contracts
Samples: Securities Exchange Agreement (Cambex Corp), Securities Exchange Agreement (Cambex Corp), Securities Exchange Agreement (Cambex Corp)