Common use of CONDITIONS TO THE COMPANY’S AND PARENT’S OBLIGATIONS TO SELL Clause in Contracts

CONDITIONS TO THE COMPANY’S AND PARENT’S OBLIGATIONS TO SELL. (a) The obligations of Parent hereunder to issue and sell the Debentures and Closing Securities to each Buyer at the Initial Closing or any Subsequent Closing, as applicable (each a “Closing”), is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Company’s and Parent’s sole benefit and may be waived by the Company and Parent at any time in their sole discretion by providing each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Guardian 8 Holdings), Securities Purchase Agreement (Guardian 8 Holdings)

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CONDITIONS TO THE COMPANY’S AND PARENT’S OBLIGATIONS TO SELL. (a) The obligations of the Company and Parent hereunder to issue and sell the Debentures and Closing Securities to each Buyer at the Initial Closing or any Subsequent the Second Closing, as applicable (each a “Closing”), is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Company’s and Parent’s sole benefit and may be waived by the Company and Parent at any time in their sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (EnerJex Resources, Inc.)

CONDITIONS TO THE COMPANY’S AND PARENT’S OBLIGATIONS TO SELL. (a) The obligations of the Company and Parent hereunder to issue and sell the Debentures and Closing Securities the Warrant to each Buyer at the Initial Closing or any Subsequent the Second Closing, as applicable the case may be (each each, a “Closing”), is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Company’s and Parent’s sole benefit and may be waived by the Company and Parent at any time in their sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (U S Wireless Data Inc)

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CONDITIONS TO THE COMPANY’S AND PARENT’S OBLIGATIONS TO SELL. (a) The obligations of the Company and Parent hereunder to issue and sell the Debentures and Closing Securities Shares to each Buyer at the Initial Closing or any Subsequent Closing, as applicable (each a “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 the Company’s and Parent’s sole benefit and may be waived by the Company and Parent at any time in their sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (PRB Energy, Inc.)

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