CONDITIONS TO THE COMPANY'S OBLIGATION TO ISSUE THE SECURITIES. Purchaser understands that the Company's obligation to issue the Securities on the Closing Date to Purchaser pursuant to this Agreement is conditioned upon: a. The accuracy on the Closing Date of the representations and warranties of Purchaser contained in this Agreement as if made on the Closing Date and the performance by Purchaser on or before the Closing Date of all covenants and agreements of Purchaser required to be performed on or before the Closing Date; b. The absence or inapplicability of any and all laws, rules or regulations prohibiting or restricting the transactions contemplated hereby, or requiring any consent or approval which shall not have been obtained.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Data Systems & Software Inc), Securities Purchase Agreement (Information Highway Com Inc), Securities Purchase Agreement (Max Internet Communications Inc)
CONDITIONS TO THE COMPANY'S OBLIGATION TO ISSUE THE SECURITIES. The Purchaser understands that the Company's obligation to issue the Securities on the each Closing Date to Purchaser the Purchasers pursuant to this Agreement is conditioned upon:
a. A. The accuracy on the applicable Closing Date of the representations and warranties of the applicable Purchaser contained in this Agreement as if made on the such Closing Date and the performance by Purchaser the Purchasers on or before the such Closing Date of all covenants and agreements of Purchaser the applicable Purchasers required to be performed on or before the such Closing Date;
b. B. The absence or inapplicability of any and all laws, rules or regulations prohibiting or restricting the transactions contemplated hereby, or requiring any consent or approval which shall not have been obtained.
Appears in 1 contract
Samples: Securities Purchase Agreement (American Electromedics Corp)
CONDITIONS TO THE COMPANY'S OBLIGATION TO ISSUE THE SECURITIES. Purchaser understands that the Company's obligation to issue the Securities on the Closing Date or the Mandatory Closing Date to Purchaser pursuant to this Agreement is conditioned upon:
a. The accuracy on the Closing Date of the representations and warranties of Purchaser contained in this Agreement as if made on the such Closing Date and the performance by Purchaser on or before the such Closing Date of all covenants and agreements of Purchaser required to be performed on or before the such Closing Date;
b. The absence or inapplicability of any and all laws, rules or regulations prohibiting or restricting the transactions contemplated hereby, or requiring any consent or approval which shall not have been obtained.
Appears in 1 contract
Samples: Securities Purchase Agreement (Online System Services Inc)
CONDITIONS TO THE COMPANY'S OBLIGATION TO ISSUE THE SECURITIES. The Purchaser understands that the Company's obligation to issue the Securities on the Closing Date to Purchaser the Purchasers pursuant to this Agreement is conditioned upon:
a. A. The accuracy on the Closing Date of the representations and warranties of the applicable Purchaser contained in this Agreement as if made on the Closing Date and the performance by Purchaser the Purchasers on or before the such Closing Date of all covenants and agreements of Purchaser the applicable Purchasers required to be performed on or before the such Closing Date;.
b. B. The absence or inapplicability of any and all laws, rules or regulations prohibiting or restricting the transactions contemplated hereby, or requiring any consent or approval which shall not have been obtained.
Appears in 1 contract
Samples: Securities Purchase Agreement (American Electromedics Corp)