Closing Date Sample Clauses

Closing Date. The date and time of the first issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be on or about May 15, 2019, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the “Closing”) shall occur on the Closing Date at such location as may be agreed to by the parties.

Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Notes and the Warrants pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern Standard Time on November 29, 2005, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties.

Closing Date. The obligations of (i) each Lender to make Loans and (ii) any Issuing Bank to issue Letters of Credit shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be on the date that the Purchase Price for the Note is paid by Buyer pursuant to terms of this Agreement.

Closing Date. 6 Code............................................ 21 Company......................................... 1

Closing Date. The obligation of each Lender to make a Credit Extension on the Closing Date is subject to the satisfaction, or waiver in accordance with Section 10.5, of the following conditions on or before the Closing Date:

Closing Date. VSI shall deliver the reviewed Closing Balance Sheet to the Shareholders promptly upon its completion. The Shareholders and their accountants shall be given full access upon request to all work papers or other materials used by VSI and its accountants in the review of the Closing Balance Sheet. (b) Within 15 days after receiving the Closing Balance Sheet, the Shareholders shall deliver to VSI a detailed statement describing the Shareholders' objections, if any, to the Closing Balance Sheet. If no objections are delivered to VSI within such 15 day period, the Closing Balance Sheet shall become final and binding upon the parties. If VSI does receive a statement of objections from the Shareholders, the parties will endeavor to reconcile any differences and agree upon a final Closing Balance Sheet. If the parties are unable to agree upon a final Closing Balance Sheet within 15 days following VSI's receipt of Shareholders' list of objections, at the request of either party the outstanding matters shall be submitted for resolution by a mutually acceptable nationally recognized independent certified public accounting firm in the United States. If the parties are unable to agree upon the selection of an accounting firm, each party will submit the name of one firm having no prior or current relationship with such party and one of the two firms shall be selected at random. Each of the parties shall bear one-half of the fees and expenses of the accounting firm so selected. Such accounting firm shall attempt to make a final determination of all issues and prepare a final Closing Balance Sheet as promptly as practicable, and both parties agree to cooperate fully with such accounting firm. The Closing Balance Sheet prepared by such accounting firm shall be final and binding upon the parties. (c) To the extent the amount of the shareholders' equity shown on the Closing Balance Sheet is less than $897,000, the Shareholders shall, within 10 days following final determination of the Closing Balance Sheet pursuant to subsection (b) above, deliver written instructions to the Escrow Agent to distribute to VSI that number of Escrow Shares having a value, determined in accordance with the Escrow Agreement, equal to the full amount by which the shareholders' equity is less than $897,000 (determined as aforesaid). (d) To the extent the amount of the shareholders' equity shown on the Closing Balance Sheet is greater than $1,300,000, VSI shall, on the date that is two years followin...

Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Securities pursuant to this Agreement (the “Closing Date”) shall be 12:00 noon, Eastern Standard Time on or about March 4, 2025, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the “Closing”) shall occur on the Closing Date at such location as may be agreed to by the parties.

Closing Date. The closing of the purchase and sale of the Shares hereunder (the “Closing”) shall be held immediately following the execution and delivery of this Agreement.