Initial Series B Closing Clause Samples

Initial Series B Closing. Your obligation to purchase and pay ------------------------ for the Series B Notes to be sold to you at the Initial Series B Closing is subject to the fulfillment to your satisfaction, prior to or concurrently with such Closing, of the following conditions:
Initial Series B Closing. The obligation of each Investor to purchase and pay for the Series B Preferred Stock which Investors have agreed to purchase on the Initial Series B Closing Date is subject to the fulfillment on or before such Closing, of the following condition, which may be waived in whole or in part by the Investors; provided, however, that no Investor shall have the power to waive such condition for such other Investor: