Common use of First Additional Closing Clause in Contracts

First Additional Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 1(b)(ii), 6(b) and 7(b) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on such Additional Closing Date (as defined below) with respect to the First Additional Closing Eligibility Date, an Additional Note in the original principal amount as is set forth opposite such Buyer’s name in column (3) on the Schedule of Additional Closings (the “First Additional Closing”).