Common use of Withdrawal Date Clause in Contracts

Withdrawal Date. The date on which the purchase of the Common Stock subject to any Trigger Event is actually and finally consummated shall be referred to as the “Withdrawal Date”. For clarity, Common Stock purchases made pursuant to this Agreement shall be deemed “consummated” on the date that all appropriate documents are executed and effective. The Withdrawal Date is not the date on which the final payment is made pursuant to any related promissory note.