Initial Closing definition

Initial Closing shall have the meaning ascribed to such term in Section 2.1.
Initial Closing has the meaning set forth in Section 2.1.
Initial Closing means the closing of the purchase and sale of the Common Stock pursuant to Section 2.1.

Examples of Initial Closing in a sentence

  • At the Initial Closing, the Company shall pay the reasonable and documented fees and expenses of Barnes & Thornburg, LLP, the counsel for Purchaser (“Purchaser Counsel”), in an amount not to exceed $75,000 (the “Expense Cap”).

  • Each Purchaser acquiring Closing Shares at the Initial Closing shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchaser’s Initial Subscription Amount pursuant to Section 2.3(a)(ii)(2), and the Company shall deliver to each Purchaser its respective Closing Shares pursuant to Section 2.3(a)(i)(2), and the Company and each Purchaser shall deliver the other items set forth in Section 2.3(a) deliverable at the Initial Closing.

  • The Initial Closing shall occur remotely immediately following satisfaction of the covenants and conditions set forth in Section 2.4(a), it being understood and agreed that the Initial Closing shall occur no later than 11:59 p.m. (New York City time) on the date hereof (such date, the “Initial Closing Date”).

  • In addition, the Company shall pay the reasonable and documented fees and expenses of Purchaser Counsel in connection with any amendment, modification, waiver or consent required or requested by the Company following the Initial Closing, which fees and expenses shall not be subject to the Expense Cap.

  • Together with the first closing which occurred on November 2, 2023 (the "Initial Closing Date") the aggregate PIPE Financing totaled $57,810,000.


More Definitions of Initial Closing

Initial Closing shall have the meaning set forth in Section 3.1.
Initial Closing shall have the meaning specified in Section 7.2(a) hereof.
Initial Closing means the first closing of the Offering that will occur after the Minimum Offering is achieved.
Initial Closing has the meaning set forth in Section 2.4 of this Agreement.
Initial Closing has the meaning set forth in the Purchase Agreement.
Initial Closing shall have the meaning assigned thereto in the Master PSA.