Conditions to Purchasers’ Obligations at the Closing. The obligation of each Purchaser hereunder to purchase Series B Shares at the Closing, is subject to the fulfillment on or prior to the Closing of each of the following conditions, provided that these conditions are for such Purchaser's sole benefit and may be waived by the Purchasers at any time in their sole discretion by providing the Company with written notice thereof.
Appears in 2 contracts
Samples: Series B Preferred Stock Purchase Agreement (Elbit LTD), Series B Preferred Stock Purchase Agreement (24/7 Media Inc)
Conditions to Purchasers’ Obligations at the Closing. The obligation of each Purchaser hereunder to purchase shares of Series B Preferred Shares at the Closing, Closing is subject to the fulfillment (or waiver by the Purchasers obligated to purchase sixty-six percent (66%) of the shares of Series B Preferred Shares to be issued at the Closing), on or prior to before the Closing Closing, of each of the following conditions, provided that these conditions are for such Purchaser's sole benefit and may be waived by the Purchasers at any time in their sole discretion by providing the Company with written notice thereof.:
Appears in 2 contracts
Samples: Series B Convertible Preferred Stock Purchase Agreement (Collegium Pharmaceutical, Inc), Series B Convertible Preferred Stock Purchase Agreement (Collegium Pharmaceutical Inc)
Conditions to Purchasers’ Obligations at the Closing. The obligation of each Purchaser hereunder to purchase Series B Shares at the Closing, Closing is subject to the fulfillment on or prior to the Closing of each of the following conditions, provided that these conditions are for each such Purchaser's ’s sole benefit and may be waived by the Purchasers such Purchaser at any time in their its sole discretion by providing the Company with written notice thereof.
Appears in 1 contract
Conditions to Purchasers’ Obligations at the Closing. The obligation of each Purchaser hereunder to purchase shares of Series B D Preferred Shares at the Closing, Closing is subject to the fulfillment (or waiver by the Purchasers obligated to purchase a majority of the shares of Series D Preferred Shares to be issued at the Closing), on or prior to before the Closing Closing, of each of the following conditions, provided that these conditions are for such Purchaser's sole benefit and may be waived by the Purchasers at any time in their sole discretion by providing the Company with written notice thereof.:
Appears in 1 contract
Samples: Series D Convertible Preferred Stock Purchase Agreement (Collegium Pharmaceutical, Inc)
