Common use of Initial Closing Date Clause in Contracts

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 11 contracts

Samples: Securities Purchase Agreement (TXCO Resources Inc), Securities Purchase Agreement (TXCO Resources Inc), Securities Purchase Agreement (Alpha Beta Technology Inc)

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Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares and the related Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 4 contracts

Samples: Securities Purchase Agreement (Imaging Technologies Corp/Ca), Securities Purchase Agreement (Oncor Inc), Securities Purchase Agreement (Smart Choice Automotive Group Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Viewpoint Corp/Ny/), Securities Purchase Agreement (Commtouch Software LTD), Securities Purchase Agreement (Aphton Corp)

Initial Closing Date. The obligation of the Company hereunder to -------------------- issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Medcare Technologies Inc), Securities Purchase Agreement (Medcare Technologies Inc), Securities Purchase Agreement (Data Race Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares and the Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wavo Corp), Securities Purchase Agreement (Cyber Digital Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereofdiscretion:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mills Corp), Securities Purchase Agreement (Mills Corp)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes and the related Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement (MFC Development Corp), Securities Purchase Agreement (MDwerks, Inc.)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares and the Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Netplex Group Inc), Securities Purchase Agreement (Log on America Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Komag Inc /De/)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes and the related Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Art Advanced Research Technologies Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Inksure Technologies Inc.)

Initial Closing Date. The obligation of the Company hereunder -------------------- to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Advanced Tissue Sciences Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Units to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Tmci Electronics Inc)

Initial Closing Date. The obligation of the Company hereunder to -------------------- issue and sell the Initial Preferred Shares and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Goodnoise Corp)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares and the Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereofdiscretion:

Appears in 1 contract

Samples: Securities Purchase Agreement (Andrea Electronics Corp)

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Initial Closing Date. The obligation of the Company hereunder to issue and sell consummate the Initial Exchange (including the issuance of the applicable number of Exchange Preferred Shares to each Buyer the Initial Buyer) at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Initial Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Divine Inc)

Initial Closing Date. The obligation hereunder of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Purchasers on the Initial Closing Date is subject to the satisfactionsatisfaction or waiver, at or before the Initial Closing DateClosing, of each of the following conditions, provided that these conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer Purchaser with prior written notice thereof:.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Starbase Corp)

Initial Closing Date. The obligation of the Company hereunder to issue and sell -------------------- the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Microstrategy Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Divine Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares and deliver the Warrants to purchase the Initial Warrant Shares to each Buyer Subscriber at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer Subscriber with prior written notice thereof:

Appears in 1 contract

Samples: Subscription Agreement (Panda Project Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (TXCO Resources Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Common Shares and the related Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial 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 at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (Digitalthink Inc)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer Buyers at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereofdiscretion:

Appears in 1 contract

Samples: Securities Purchase Agreement (Andrea Electronics Corp)

Initial Closing Date. The obligation of the Company hereunder to issue and sell the Initial Preferred Shares Notes and Initial Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's ’s sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof:

Appears in 1 contract

Samples: Securities Purchase Agreement (POSITIVEID Corp)

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