Conditions to the Obligations of the Investors. The obligation of each Investor to purchase and pay for the Debentures and Warrants being purchased by it at the Closing or the Second Closing, as the case may be, is, at its option, subject to the satisfaction, on or before such closing date, of the following conditions:
Appears in 2 contracts
Samples: 12% Senior Secured Convertible Debenture and Warrant Purchase Agreement (Americana Publishing Inc), 12% Senior Secured Convertible Debenture and Warrant Purchase Agreement (Americana Publishing Inc)
Conditions to the Obligations of the Investors. The obligation obligations of each Investor the Investors to purchase and pay for the Debentures Note and Warrants being purchased by it at on the Closing or the Second Closing, as the case may be, is, at its option, Date are subject to the satisfaction, on or before such closing datethe Closing Date, of the following conditions; which may be waived or modified only at the option of the Investors:
Appears in 2 contracts
Samples: Senior Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Wand Partners Sc Inc), Senior Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Information Management Associates Inc)
