Conditions to Closing and Draw Downs Sample Clauses

Conditions to Closing and Draw Downs. SECTION 5.1 Conditions Precedent to the Obligation of the Company to Close this Agreement. The obligation hereunder of the Company to enter into this Agreement is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
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Conditions to Closing and Draw Downs. Section 5.1
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Conditions to Closing and Draw Downs. Section 5.1 Conditions Precedent to the Obligation of the Company to Sell the Shares. The right hereunder of the Company to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
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Conditions to Closing and Draw Downs. 14 SECTION 5.1 Conditions Precedent to the Obligation of the Company to Close this Agreement ............................................................14 SECTION 5.2 Conditions Precedent to the Obligation of the Purchaser to Close this Agreement ............................................................15 SECTION 5.3 Conditions Precedent to the Obligation of the Purchaser to Accept a Draw Down and Purchase the Shares...............................................15 ARTICLE VI DRAW DOWN TERMS..................................................................17 SECTION 6.1 Draw Down Terms............................................................17
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Conditions to Closing and Draw Downs. Section 5.1 Conditions Precedent to the Obligation of the Company to -------------------------------------------------------- Sell the Shares. The obligation hereunder of the Company to issue and sell the --------------- Shares to each Purchaser is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below; provided, however, a -------- ------- failure by one of the Purchasers to satisfy such conditions does not relieve the Company's obligations to the other Purchaser provided that the other Purchaser has satisfied the conditions set forth below or such conditions have been waived by the Company as to that Purchaser. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
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Conditions to Closing and Draw Downs. Section 7.01. Conditions Precedent to the Obligation of the Company to Close this Agreement and to Sell the Shares. The obligation hereunder of the Company to issue and sell the Shares to the Purchaser is subject to the satisfaction, at or before each Draw Down, of each of the conditions set forth below.
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Conditions to Closing and Draw Downs. SECTION 5.1 CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE THIS AGREEMENT, TO ISSUE A DRAW DOWN NOTICE AND TO SELL THE SHARES. The obligation hereunder of the Company to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the date of each Draw Down or Call Option request (the "Draw Down Exercise Date"), of each of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
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Conditions to Closing and Draw Downs. Section 5.1 Conditions Precedent to the Obligation of the Company to Sell the Shares..................................................16 Section 5.2 Conditions Precedent to the Obligation of the Purchaser to Close...............................................................17 Section 5.3 Conditions Precedent to the Obligation of the Purchaser to Accept a Draw Down and Purchase the Shares.......................18 Section 5.4 Conditions Precedent to the Obligation of the Company to Issue Shares Upon Exercise of a Call Option......................18 ARTICLE VI - Draw Down Terms; Call Option Section 6.1 Draw Down Terms.......................................................19 Section 6.2 Purchaser's Call Option...............................................21
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Conditions to Closing and Draw Downs 
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Related to Conditions to Closing and Draw Downs

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Conditions to Close Escrow shall not close unless and until the following conditions precedent and contingencies have been satisfied or waived in writing by the party for whose benefit the conditions have been included:

  • Conditions to Closing Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Closing of the Company The Company’s obligation to sell the Securities at the Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions to Closing of the Investors Each Investor’s obligations at the Closing are subject to the fulfillment, on or prior to the Closing Date, of all of the following conditions, any of which may be waived in whole or in part by all of the Investors:

  • CONDITIONS TO CLOSING OF COMPANY The Company's obligation to sell and issue the Shares at the Closing is, at the option of the Company, subject to the fulfillment or waiver of the following conditions:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Conditions to Second Closing The occurrence of the Second Closing is expressly contingent on (i) the truth and accuracy, on the Effective Date, Actual Effective Date and the Second Closing Date of the representations and warranties of the Company and Subscriber contained in this Agreement, (ii) continued compliance with the covenants of the Company set forth in this Agreement, (iii) the non-occurrence of any Event of Default (as defined in the Note) or other default by the Company of its obligations and undertakings contained in this Agreement, (iv) the delivery on the Second Closing Date of Second Closing Notes for which the Company Shares issuable upon conversion have been included in the Registration Statement, which must be effective as of the Second Closing Date, and (v) the delivery of the Second Closing Warrants for which the Warrant Shares issuable upon exercise have been included in the Registration Statement which must be effective as of the Second Closing Date. The exercise prices of the Warrants issuable on the Second Closing Date shall be adjusted to offset the effect of stock splits, stock dividends, pro rata distributions of property or equity interests to the Company's shareholders after the Initial Closing Date.

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