Common use of Conditions Precedent to the Obligation of the Company to Sell Clause in Contracts

Conditions Precedent to the Obligation of the Company to Sell. The obligation of the Company to sell the Secondary Closing Shares and the B Warrant hereunder is subject to the satisfaction or waiver (with prior written notice to the Purchaser) by the Company, at or before the Secondary Closing, of each of the following conditions:

Appears in 1 contract

Samples: Securities Purchase Agreement (Mechanical Technology Inc)

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Conditions Precedent to the Obligation of the Company to Sell. The obligation of the Company to sell the Secondary Closing Shares and the B Warrant hereunder is subject to the satisfaction or waiver (with prior written notice to the each Purchaser) by the Company, at or before the Secondary Closing, of each of the following conditions:

Appears in 1 contract

Samples: Securities Purchase Agreement (Provident American Corp)

Conditions Precedent to the Obligation of the Company to Sell. the Shares. The obligation hereunder of the Company to issue and sell the Secondary Closing ---------- Preferred Shares and the B Warrant hereunder Warrants to the Purchasers is subject to the satisfaction or waiver (with prior written notice to the Purchaser) by the Companywaiver, at or before the Secondary Closing, of each of the following conditions:conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 1 contract

Samples: Series E Convertible Preferred Stock Purchase (Skylynx Communications Inc)

Conditions Precedent to the Obligation of the Company to Sell. The obligation of the Company to sell the Secondary Closing Shares and Shares, the A Warrant, the B Warrant or the Warrant Shares hereunder is subject to the satisfaction or waiver (with prior written notice to the Purchaser) by the Company, at or before the Secondary Primary Closing, of each of the following conditions:

Appears in 1 contract

Samples: Securities Purchase Agreement (Mechanical Technology Inc)

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Conditions Precedent to the Obligation of the Company to Sell. the Shares. The obligation hereunder of the Company to issue and/or sell the Secondary Closing ---------- Shares and to the B Warrant hereunder Investor is subject to the satisfaction or waiver (with prior written notice to the Purchaser) by the Companysatisfaction, at or before the Secondary Closing, of each of the following conditions:conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

Appears in 1 contract

Samples: Series B Preferred Stock Investment Agreement (Koo Koo Roo Inc/De)

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