Common use of Additional Closing Date Clause in Contracts

Additional Closing Date. The date and time of the Additional Closing (the “Additional Closing Date” and together with the Initial Closing Date, each a “Closing Date” and collectively, the “Closing Dates”) shall be 9:00 a.m., New York time, on the first (1st) Business Day on which the conditions to the Additional Closing set forth in Sections 6(b) and 7(b) below are satisfied or waived (or such later time or date as is mutually agreed to by the Company and each Buyer).

Appears in 1 contract

Sources: Securities Purchase Agreement (Converted Organics Inc.)

Additional Closing Date. The date and time of the each Additional Closing (the “Additional Closing Date” and together with the Initial Closing Date, each a “Closing Date” and collectively, the “Closing Dates”) shall be 9:00 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 the such Additional Closing set forth in Sections 6(b) and 7(b) below are satisfied or waived on each such Business Day (or such later time or date as is mutually agreed to by the Company and each Buyer).

Appears in 1 contract

Sources: Securities Purchase Agreement (Converted Organics Inc.)

Additional Closing Date. The date and time of the Additional Closing (the “Additional Closing Date” and together with the Initial Closing DateDate , each a “Closing Date” and collectively, the “Closing Dates”) shall be 9:00 a.m., New York time, on the first (1st) Business Day on which the conditions to the Additional Closing set forth in Sections 6(b6(c) and 7(b7(c) below are satisfied or waived (or such later time or date as is mutually agreed to by the Company and each Buyer).

Appears in 1 contract

Sources: Securities Purchase Agreement (POSITIVEID Corp)