Common use of Additional Closing Date Clause in Contracts

Additional Closing Date. If the Company delivers an Additional Closing Notice (as defined below), the date and time of the applicable Additional Closing (each, an “Additional Closing Date,” and the Initial Closing Date and each Additional Closing Date, each, a “Closing Date”) shall be 10:00 a.m., New York time, on the first (1st) Business Day on which the conditions to such Additional Closing set forth in this Section 1(b)(ii), 6(b) and 7(b) below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer).

Appears in 3 contracts

Samples: Securities Purchase Agreement (Cannabics Pharmaceuticals Inc.), Securities Purchase Agreement (Cannabics Pharmaceuticals Inc.), Securities Purchase Agreement (Cannabics Pharmaceuticals Inc.)

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Additional Closing Date. If the Company delivers has delivered an Additional Mandatory Closing Notice to each of the Buyers or a Buyer has delivered an Additional Closing Notice (as defined below)to the Company, the date and time of the applicable Additional Closing (each, an “Additional Closing Date,” and the Initial Closing Date and each Additional Closing Date, each, a “Closing Date”) shall be 10:00 a.m., New York time, on the first (1st) Business Day on which the conditions to such Additional Closing set forth in this Section 1(b)(ii), 6(b) and 7(b) below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Fisker Inc./De), Securities Purchase Agreement (Ocean Biomedical, Inc.)

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Additional Closing Date. If the Company delivers an Additional Closing Notice (as defined below), the The date and time of the applicable each Additional Closing (each, an the “Additional Closing Date,” and together with the Initial Closing Date and each Additional Closing Date, each, each a “Closing Date” and collectively, the “Closing Dates”) shall be 10:00 a.m., New York time, on the first (1st) Business Day on which of each calendar month of 2012 (other than January) so long as the conditions to such Additional Closing set forth in this Section 1(b)(ii), Sections 6(b) and 7(b) below are satisfied or waived on each such Business Day (or such other later time or date as is mutually agreed to by the Company and each Buyer).

Appears in 1 contract

Samples: Securities Purchase Agreement (Converted Organics Inc.)

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