Common use of CONDITIONS TO THE COMPANY Clause in Contracts

CONDITIONS TO THE COMPANY. S OBLIGATION TO COMMENCE SALES OF SHARES OF COMMON STOCK. The obligation of the Company hereunder to commence sales of the Purchase Shares is subject to the satisfaction of each of the following conditions on or before the Commencement Date (the date that sales begin) and once such conditions have been initially satisfied, there shall not be any ongoing obligation to satisfy such conditions after the Commencement has occurred; provided that these conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing the Buyer with prior written notice thereof:

Appears in 18 contracts

Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement (CepTor CORP), Common Stock Purchase Agreement (Samaritan Pharmaceuticals Inc)

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CONDITIONS TO THE COMPANY. S OBLIGATION TO COMMENCE SALES OF SHARES OF COMMON STOCK. The obligation of the Company hereunder to commence sales of the Purchase Shares is subject to the satisfaction of each of the following conditions on or before the Commencement Date (the date that sales begin) and once such conditions have been initially satisfiedDate, there shall not be any ongoing obligation to satisfy such conditions after the Commencement has occurred; provided that these conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing the Buyer with prior written notice thereof:

Appears in 2 contracts

Samples: Stock Purchase Agreement (Usurf America Inc), Common Stock Purchase Agreement (U S Plastic Lumber Corp)

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