Common use of Initial Closing Conditions Clause in Contracts

Initial Closing Conditions. Your obligation to purchase the Subordinated Notes, Series A Stock and Common Stock, to be purchased by you at the Initial Closing and to consummate the other transactions contemplated herein, as provided in Section 1.2 hereof, shall be subject to the satisfaction of the following conditions, any of which may be waived by you in writing:

Appears in 2 contracts

Sources: Securities Purchase Agreement (Park N View Inc), Securities Purchase Agreement (Park N View Inc)