Examples of Last Closing in a sentence
The Company shall, until at least three (3) years after the date of the Last Closing, maintain as its independent auditors an accounting firm authorized to practice before the SEC.
The Company shall, no later than sixty (60) days after the Last Closing, file a registration statement (the "Registration Statement") on Form S-l (or other suitable form, at the Company's discretion but subject to the reasonable approval of Subscribers) with the SEC, covering the resale of the Conversion Shares and Warrant Shares issuable to all Subscribers in this Offering.
In no event shall the last Closing ("Last Closing") of a sale and purchase of the Preferred Stock and accompanying Conversion Warrants and Preferred Warrants occur later than July 15, 1997, which date can be extended by up to ten (10) days upon written approval by the Company and the Placement Agent.
The Company hereby agrees that it will not unilaterally terminate its relationship with the Transfer Agent for any reason prior to the date which is three (3) years after the Last Closing Date.
Notwithstanding the foregoing, if the Subscriber chooses not to participate in any Future Offerings, then any debt or equity security issued as a result of the Future Offerings which, combined with this Offering, in the aggregate, exceed five million dollars ($5,000,00.0 U.S.), will be ineligible for sale and/or conversion, as the case may be, until the date which is twelve (12) months after the Last Closing.