Common use of Consummation of Offering Clause in Contracts

Consummation of Offering. Prior to the Closing Date, the Acquiror Company shall have prepared definitive documentation with respect to the sale of an aggregate of 5,253,500 shares of Acquiror Company Common Stock for aggregate gross proceeds of $2,000,000 and shall have submitted such documentation to Company’s legal counsel for review and approval, such approval shall not be unreasonably withheld.

Consummation of Offering. Prior to the Closing Date, the Acquiror Company shall have prepared definitive documentation with respect to the sale of an aggregate of 5,253,500 1,018,868 shares of Acquiror Company Common Stock and warrants to purchase additional shares of Acquiror Company Common Stock for aggregate gross proceeds of $2,000,000 US$2,500,000 and shall have submitted such documentation to Company’s legal counsel for review and approval, such approval shall not be unreasonably withheld.

Consummation of Offering. Prior to the Closing Date, the Acquiror Company shall have prepared definitive documentation with respect to the sale of an aggregate of 5,253,500 up to 6,495,619 shares of Acquiror Company Common Stock for aggregate gross proceeds of up to approximately US $2,000,000 10,000,000 and shall have submitted such documentation to the Company’s legal counsel for review and approval, such approval shall not be unreasonably withheld.

Consummation of Offering. Prior to the Closing Date, the Acquiror Company shall have prepared definitive documentation with respect to the sale of an aggregate of 5,253,500 up to 3,400,000 shares of Acquiror Company Common Stock for aggregate gross proceeds of up to $2,000,000 17,000,000 and shall have submitted such documentation to Company’s legal counsel for review and approval, such approval shall not be unreasonably withheld.