Initial Closing Date definition
Examples of Initial Closing Date in a sentence
The Purchaser is not aware of any reason why the funds sufficient to fulfill its obligations under Article I (including paying the Purchaser’s full portion of the Initial Shares Purchase Price or the Additional Shares Purchase Price, as applicable) will not be available on the Initial Closing Date or any Subsequent Closing Date, as applicable.
The Initial Shares Purchase Price on such Initial Closing Date will not be less than $25,000,000 or more than the Commitment Amount and such Initial Closing Date will be a date of the Company’s choosing that is on or before February 10, 2026 (the “Initial Closing Deadline”).
The Initial Funding Request will be irrevocable and delivered to each Purchaser not less than ten (10) business days in advance of the Initial Closing Date.