Common use of Concurrent Financing Clause in Contracts

Concurrent Financing. 5.1 Deploy will arrange for the Concurrent Financing. The Concurrent Financing will be completed by way of the issuance by Deploy of Deploy Units at a price of CAD $0.66 post-consolidation per Deploy Unit. 5.2 The Concurrent Financing shall close as soon as is practical and will be for gross proceeds of not less than US$4,000,000. 5.3 NMG, the NMG Members, Deploy and NevadaCo shall cooperate to provide the agent for the Concurrent Financing (if any), and their respective legal counsel and professional advisors with all documents, Information and commercially reasonable assistance required to prepare the necessary private placement offering documents and conduct the necessary marketing and due diligence for the Concurrent Financing.

Appears in 2 contracts

Sources: Share Exchange Agreement (Body & Mind Inc.), Share Exchange Agreement