Common use of Each Closing Clause in Contracts

Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), each Closing ("Closing") shall occur at the offices of the Escrow Agent at which the Escrow Agent (x) shall release the Shares purchased and the Warrants (as to the first Closing) to the Investors and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Focus Enhancements Inc), Common Stock and Warrants Purchase Agreement (Focus Enhancements Inc)

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Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), each Closing ("Closing") shall occur at the offices of the Escrow Agent at which the Escrow Agent (x) shall release the Shares purchased and the Warrants (as to the first Closing) Common Stock to the Investors and (y) shall release the Purchase Price purchase price to the Company (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cytrx Corp)

Each Closing. Upon satisfaction of the conditions set ------------ forth in Section 2.1(b1.1(b), each Closing ("Closing") shall occur at the offices of the Escrow Agent at which time the Escrow Agent (x) shall release the Shares purchased applicable Convertible Debenture and the Warrants (as to the first Closing) to the Investors and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.

Appears in 1 contract

Samples: Warrants Purchase Agreement (Data Race Inc)

Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), each Closing ("Closing") shall occur at the offices of the Escrow Agent at which the Escrow Agent (x) shall release the Shares purchased and the Warrants (as to the first Closing) to the Investors appropriate Investor and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Vfinance Com)

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Each Closing. Upon satisfaction of the conditions set forth in Section 2.1(b), each Closing ("Closing") shall occur at the offices of the Escrow Agent at which the Escrow Agent (x) shall release the Shares purchased and the Warrants (as to the first Closing) to the Investors appropriate Investor and (y) shall release the Purchase Price (after all fees have been paid as set forth in the Escrow Agreement), pursuant to the terms of the Escrow Agreement.the

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Viragen Inc)

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