Common use of First Closing Clause in Contracts

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00) for an aggregate purchase price of Sixty Five Thousand and No/100 United States Dollars ($65,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes Note in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00) for an aggregate purchase price of Sixty Two Hundred Seventy-Five Thousand and No/100 United States Dollars ($65,000.00US$275,000.00) for an aggregate purchase price of Two Hundred Fifty Thousand and No/100 United States Dollars (US$250,000.00), and shall take place on the Effective Execution Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Date, Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers Buyer attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers Buyer hereto. Additional Closings of the purchase and sale of the Notes Note shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates” and each a “Closing Date”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers Buyer and their respective counsel, or in such other manner as is mutually agreed to by the Company and the BuyersBuyer.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx One Hundred Fifteen Thousand Five Hundred and No/100 United States Dollars ($71,500.00115,500.00) for an aggregate purchase price of Sixty Five Thousand and No/100 United States Oxx Xxxxxxx Xxxx Xxxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($65,000.00US$105,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy One Hundred Twenty-Four Txxxxxxx Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00US$124,200.00) for an aggregate purchase price of Sixty Five Thousand and No/100 United States Oxx Xxxxxxx Xxxxxxx Xxxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($65,000.00US$115,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Sixty Six Thousand and No/100 United States Dollars ($71,500.0066,000.00) for an aggregate purchase price of Sixty Five Thousand and No/100 United States Dollars ($65,000.0060,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “"First Closing Date”"). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s 's name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s 's name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “"Additional Closing Dates”", collectively, with the First Closing Date, referred to as the “"Closing Dates”"). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx two million two hundred twenty and No/100 United States Dollars ($71,500.00) US$2,220,000), for an aggregate purchase price of Sixty Five Thousand and one million eight hundred fifty No/100 United States Dollars ($65,000.00US$1,850,000), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for (x) a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto, and (y) in the case of each Advance Holder, the surrender of Advances in respect of which the amount owing thereunder is set forth opposite such Advance Holder’s name in column (4) on the Schedule of Buyers hereto. Additional Closings Closings, if any, of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails mails, electronic email and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Eighty One Thousand and No/100 United States Dollars ($71,500.00US$81,000.00) for an aggregate purchase price of Sixty Seventy Five Thousand and No/100 United States Dollars ($65,000.00US$75,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each the Buyer shall purchase a First Note in the principal amount set forth opposite such the Buyer’s name in column (3) on the Buyer Schedule of Buyers attached hereto for a purchase price set forth opposite such the Buyer’s name in column (4) on the Buyer Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers the Buyer and their respective its counsel, or in such other manner as is mutually agreed to by the Company and the BuyersBuyer.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Two Hundred Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Thousand and No/100 United States Dollars ($71,500.00US$270,000.00) for an aggregate purchase price of Sixty Five Two Hundred Fifty Thousand and No/100 United States Dollars ($65,000.00US$250,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00) for an aggregate purchase price of Sixty Four Hundred Five Thousand and No/100 United States Dollars ($65,000.00US$405,000.00) for an aggregate purchase price of Three Hundred Seventy-Five Thousand and No/100 United States Dollars (US$375,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Two Hundred Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Three Thousand Nine Hundred and No/100 United States Dollars ($71,500.00273,900.00) for an aggregate purchase price of Sixty Five Two Hundred Forty Nine Thousand and No/100 United States Dollars ($65,000.00249,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00) for an aggregate purchase price of Sixty Five Thirty Six Thousand and No/100 United States Dollars ($65,000.0036,000.00) for an aggregate purchase price of Thirty Thousand and No/100 United States Dollars ($30,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes Note in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($71,500.00) for an aggregate purchase price of Sixty Fifty-Five Thousand and No/100 United States Dollars ($65,000.00US$55,000.00) for an aggregate purchase price of Fifty Thousand and No/100 United States Dollars (US$50,000.00), and shall take place on the Effective Execution Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Date, Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers Buyer attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers Buyer hereto. Additional Closings of the purchase and sale of the Notes Note shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates” and each a “Closing Date”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers Buyer and their respective counsel, or in such other manner as is mutually agreed to by the Company and the BuyersBuyer.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Four Hundred Thirty Nine Thousand Eight Hundred Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Five and No/100 United States Dollars ($71,500.00439,875.00) for an aggregate purchase price of Sixty Three Hundred Eighty Two Thousand Five Thousand Hundred and No/100 United States Dollars ($65,000.00382,500.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Eight Hundred Six Thousand Two Hundred Fifty and No/100 United States Dollars ($71,500.00US$806,250.00) for an aggregate purchase price of Sixty Five Seven Hundred Fifty Thousand and No/100 United States Dollars ($65,000.00US$750,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each the Buyer shall purchase a First Note in the principal amount set forth opposite such the Buyer’s name in column (3) on the Buyer Schedule of Buyers attached hereto for a purchase price set forth opposite such the Buyer’s name in column (4) on the Buyer Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers the Buyer and their respective its counsel, or in such other manner as is mutually agreed to by the Company and the BuyersBuyer.

First Closing. The First Closing of the purchase and sale of the First Notes in an aggregate principal amount of Seventy Xxx Xxxxxxxx Xxxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx One Hundred Sixty-Nine Thousand Four Hundred and No/100 United States Dollars ($71,500.00169,400.00) for an aggregate purchase price of Sixty Five One Hundred Fifty Four Thousand and No/100 United States Dollars ($65,000.00154,000.00), and shall take place on the Effective Date, subject to satisfaction of the conditions to the First Closing set forth in this Agreement (the “First Closing Date”). Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, in respect of the First Closing Date each Buyer shall purchase a First Note in the principal amount set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers attached hereto for a purchase price set forth opposite such Buyer’s name in column (4) on the Schedule of Buyers hereto. Additional Closings of the purchase and sale of the Notes shall be at such times and for such amounts as determined in accordance with Section 1(d) below, subject to satisfaction of the conditions to the Additional Closings set forth in this Agreement (the “Additional Closing Dates”, collectively, with the First Closing Date, referred to as the “Closing Dates”). The Closings shall occur on the respective Closing Dates through the use of overnight mails and subject to customary escrow instructions from Buyers and their respective counsel, or in such other manner as is mutually agreed to by the Company and the Buyers.