Common use of Additional Closings Clause in Contracts

Additional Closings. In the event that the Company does not sell the Maximum Offering Amount in the Initial Closing, the Company may sell the balance of such shares of Flash Preferred in additional Closings (each, an “Additional Closing”) if, at the time of such Additional Closing, all of the following conditions are satisfied:

Appears in 4 contracts

Samples: Flashseed Preferred Stock Subscription Agreement, Flashseed Preferred Stock Subscription Agreement, Flashseed Preferred Stock Subscription Agreement

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Additional Closings. In the event that the Company does not sell the Maximum Offering Amount in the Initial Closing, the Company may sell the balance of such shares of Flash Preferred Convertible Securities in additional Closings (each, an “Additional Closing”) if, at the time of such Additional Closing, all of the following conditions are satisfied:

Appears in 2 contracts

Samples: Flash Convertible Security Subscription Agreement, Flash Convertible Security Subscription Agreement

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