Examples of First Closing Date in a sentence
The Company will notify the Purchasers in writing, prior to each of the First Closing Date and Second Closing Date of (i) any Disqualification Event relating to any Issuer Covered Person and (ii) any event that would, with the passage of time, become a Disqualification Event relating to any Issuer Covered Person.
The date and time of the Second Closing (the “Second Closing Date” and together with the First Closing Date, a “Closing Date”) shall be 10:00 a.m., New York time, on a Business Day identified in the Second Closing Notice; provided that the Second Closing Date shall be not earlier than five (5) Business Days following the delivery of the Second Closing Notice.
On the First Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase an aggregate of US$500,000 of Ordinary Shares equal to such Purchaser’s Subscription Amount (First Closing) as set forth on the signature page hereto executed by such Purchaser.