Common use of First Closing Date Clause in Contracts

First Closing Date. The closing of the purchase and sale of the First Closing Shares hereunder shall be held on the date hereof or such other date as the Company and the Investor may agree upon (the "First Closing") at the offices of ▇▇▇▇▇▇ Godward LLP, Five Palo Alto Square, ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, ▇▇▇. The date of the First Closing is hereinafter referred to as the "First Closing Date." At the First Closing, the Company shall cause to be issued to the Investor a stock certificate dated as of the First Closing Date, in the name of the Investor, representing the First Closing Shares being purchased against payment of the purchase price therefor by check or by wire transfer to the Company's Bank account. The Company shall deliver such stock certificate to the Investor at the First Closing or promptly thereafter. The Company will also make all such deliveries as are contemplated by Section 5 of this Agreement.