Common use of Third Tranche Closing Clause in Contracts

Third Tranche Closing. On the Third Tranche Closing Date, subject to mutual consent of the parties, and subject to the satisfaction of the terms and conditions set forth herein, the Company has the option to, but not the obligation, and the Investor agrees to purchase, an aggregate of up to $1,500,000 of Principal Amount of the Third Tranche Note (or such lesser amount as the parties may mutually agree) and Warrants. The Investor shall deliver to the Company, via wire transfer, immediately available funds equal to $1,395,000, which is the Investor’s Subscription Amount as to the Third Tranche Closing as set forth on the signature page hereto executed by the Investor, and the Company shall deliver to the Investor its Note and a Warrant, as determined pursuant to Section 2.2(a), and the Company and the Investor shall deliver the other items set forth in Section 2.2 deliverable at the Third Tranche Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, but only to the extent the Company shall also previously complied with all Transaction Documents in all material respects prior to and as of the Third Tranche Closing Date, the Third Tranche Closing shall occur at the offices of ▇▇▇▇▇ ▇▇▇▇▇▇ or such other location as the parties shall mutually agree, or shall take place remotely by electronic transfer of applicable Transaction Documents.

Third Tranche Closing. On the Third thirtieth Trading Day following the Second Tranche Closing DateClosing, subject to mutual consent of the parties, and subject to the satisfaction of the Equity Conditions in full and the conditions to closing set forth herein and the other the terms and conditions set forth herein, the Company has the option to, but not the obligationagrees to sell, and the Investor agrees Purchasers, severally and not jointly, agree to purchase, an aggregate of up to $1,500,000 10,000,000 of Principal Amount of the Third Tranche Note (or such lesser amount as the parties may mutually agree) Notes and Warrants. The Investor Each Purchaser shall deliver to the Company, via wire transfer, transfer immediately available funds equal to $1,395,000, which is the Investorsuch Purchaser’s Subscription Amount as to the Third Tranche Closing as set forth on the signature page hereto executed by the Investorsuch Purchaser, and the Company shall deliver to the Investor each Purchaser its Note respective Notes and a Warrant, as determined pursuant to Section 2.2(a), and the Company and the Investor each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Third Tranche Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.32.3 and, but only to the extent the Company shall also previously complied with all Transaction Documents in all material respects prior to and as of the such Third Tranche Closing Date, the Third Tranche Closing shall occur at the offices of ▇N▇▇▇▇ ▇▇▇▇▇▇ or such other location as the parties shall mutually agree. Notwithstanding the foregoing, or if the Third Tranche Closing has not occurred prior to April 30, 2024 no Third Tranche Closing shall take place remotely by electronic transfer of applicable Transaction Documentsoccur hereunder.

Third Tranche Closing. On the Third Tranche Closing Date, subject to mutual consent of the parties, and subject to the satisfaction of the terms and conditions set forth herein, the Company has the option to, but not the obligationagrees to sell, and the Investor agrees to purchase, an aggregate of up to $1,500,000 3,000,000 of Principal Amount of the Third Tranche Note (or such lesser amount as the parties may mutually agree) and Warrants. The Investor shall deliver to the Company, via wire transfer, immediately available funds equal to $1,395,000, which is the Investor’s Subscription Amount as to the Third Tranche Closing as set forth on the signature page hereto executed by the Investor, and the Company shall deliver to the Investor its Note and a Warrant, as determined pursuant to Section 2.2(a), and the Company and the Investor shall deliver the other items set forth in Section 2.2 deliverable at the Third Tranche Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, but only to the extent the Company shall also previously complied with all Transaction Documents in all material respects prior to and as of the Third Tranche Closing Date, the Third Tranche Closing shall occur at the offices of ▇▇▇▇▇ ▇▇▇▇▇▇ or such other location as the parties shall mutually agree, or shall take place remotely by electronic transfer of applicable Transaction Documents.