Common use of Closing Notice Clause in Contracts

Closing Notice. (a) The Initial Closing will take place within three (3) Business Days of the satisfaction of the conditions to such Closing set forth in Section 5.1 (the “Initial Closing Date”). (b) Each Draw Down Closing will take place within ten (10) days of the satisfaction of the conditions to such Draw Down Closing set forth in Section 5.2 so long as the Company has provided written notice to Cartesian of the applicable Draw Down (each date on which a Draw Down Closing occurs, a “Draw Down Closing Date” and together with the Initial Closing Date or the Contingency Tranche Closing Date, the “Closing Dates” and the final Closing Date, the “Final Closing Date”). (c) The Contingency Closing Date will take place within three (3) days of the satisfaction of the conditions to such Closing set forth in Section 5.2 so long as the Company has provided written notice to Cartesian of the applicable Contingency Tranche Closing. (d) Each Closing shall take place at 10:00 am (Eastern Time) at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ in accordance with the terms and conditions set forth herein.

Appears in 2 contracts

Sources: Securities Purchase Agreement, Securities Purchase Agreement