Common use of FURTHER CONDITIONS OF THE INVESTOR'S OBLIGATION TO PURCHASE Clause in Contracts

FURTHER CONDITIONS OF THE INVESTOR'S OBLIGATION TO PURCHASE. The obligation of the Investor hereunder to purchase Shares is subject to the satisfaction, on or before each Closing Date, of each of the following conditions set forth below. (A) The Company shall have executed each of the Transaction Documents and delivered the same to the Investor. (B) The Common Stock shall be authorized for quotation on the Principal Market and trading in the Common Stock shall not have been suspended by the Principal Market or the SEC, at any time beginning on the date hereof and through and including the respective Closing Date (excluding suspensions of not more than one (1) Trading Day resulting from business announcements by the Company, provided that such suspensions occur prior to the Company's delivery of the Put Notice related to such Closing).

Appears in 2 contracts

Samples: Investment Agreement (Newave Inc), Investment Agreement (Hybrid Fuel Systems)

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FURTHER CONDITIONS OF THE INVESTOR'S OBLIGATION TO PURCHASE. The obligation of the Investor hereunder to purchase Shares Securities is subject to the satisfaction, on or before each Closing Date, of each of the following conditions set forth below. (A) 7.1 The Company shall have executed each of the Registered Offering Transaction Documents and delivered the same to the Investor. (B) 7.2 The Common Stock shall be authorized for quotation on the Principal Market and trading in the Common Stock shall not have been suspended by the Principal Market or the SEC, at any time beginning on the date hereof and through and including the respective Closing Date (excluding suspensions of not more than one (1) Trading Day resulting from business announcements by the Company, provided that such suspensions occur prior to the Company's ’s delivery of the Put Notice related to such Closing).

Appears in 1 contract

Samples: Investment Agreement (Revolutions Medical CORP)

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FURTHER CONDITIONS OF THE INVESTOR'S OBLIGATION TO PURCHASE. The obligation of the Investor hereunder to purchase Shares is subject to the satisfaction, on or before each Closing Date, of each of the following conditions set forth below. (A) The Company shall have executed each of the Equity Line Transaction Documents and delivered the same to the Investor. . (B) The Common Stock shall be authorized for quotation on the Principal Market and trading in the Common Stock shall not have been suspended by the Principal Market or the SEC, at any time beginning on the date hereof and through and including the respective Closing Date (excluding suspensions of not more than one (1) Trading Day resulting from business announcements by the Company, provided that such suspensions occur prior to the Company's delivery of the Put Notice related to such Closing).

Appears in 1 contract

Samples: Investment Agreement (Tower Tech Holdings Inc.)

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