Common use of Additional Closing Date Clause in Contracts

Additional Closing Date. Subject to completion of the Initial Closing, the Second Closing and the Third Closing, if the Company has delivered an Additional Mandatory Closing Notice to each of the Buyers, the date and time of the applicable Additional Closing (each, an “Additional Closing Date,” and the Initial Closing Date, the Second Closing Date, the Third 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)(iv) and Sections 6(d) and 7(d) below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer).

Appears in 2 contracts

Sources: Securities Purchase Agreement (Kandal M Venture LTD), Securities Purchase Agreement (ROBO.AI Inc.)

Additional Closing Date. Subject to completion of the Initial Closing, the Second Closing and the Third Closing, if If the Company has delivered an Additional Mandatory Closing Notice to each of the BuyersBuyers or a Buyer has delivered an Additional Closing Notice to the Company, the date and time of the applicable Additional Closing (each, an “Additional Closing Date,” and the Initial Closing Date, the Second Closing Date, the Third 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)(iv1(b)(ii), 6(b) and Sections 6(d) and 7(d7(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

Sources: Securities Purchase Agreement (NewGenIvf Group LTD), Securities Purchase Agreement (NewGenIvf Group LTD)