Common use of Conditions for Advance and Conditions to Closing Clause in Contracts

Conditions for Advance and Conditions to Closing. Section 7.1 Conditions Precedent to the Obligation of the Company to Issue and Sell the Debentures. The obligation hereunder of the Company to issue and sell the Debentures to the Investor incident to each Closing is subject to the satisfaction, or waiver by the Company, at or before each such Closing, of each of the conditions set forth below.

Appears in 2 contracts

Samples: Line of Credit Agreement (Cyco Net Inc), Line of Credit Agreement (Cyco Net Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.