Common use of CONDITIONS TO THE COMPANY’S OBLIGATION TO ISSUE Clause in Contracts

CONDITIONS TO THE COMPANY’S OBLIGATION TO ISSUE. The obligation of the Company hereunder to issue the Initial Convertible Preferred Shares and the Warrants to the Investor 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 sole benefit and may be waived by the Company, in whole or in part, at any time in its sole discretion by providing the Investor with prior written notice thereof:

Appears in 4 contracts

Samples: Share Subscription Agreement (Datang Telecom Technology & Industry Holdings LTD), Share Subscription Agreement (Semiconductor Manufacturing International Corp), Share Subscription Agreement (China Investment Corp)

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