Transactions at Each Closing Sample Clauses

Transactions at Each Closing. (a) On the First Closing Date, subject to the terms and conditions of this Agreement (i) the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase, the Note; and (ii) the Company shall deliver to Millennium the Note, issued in the name of the Trust against payment of the First Purchase Price by wire transfer of immediately available funds to an account or accounts previously designated by the Company no less than five (5) Business Days prior to the First Closing Date.
AutoNDA by SimpleDocs
Transactions at Each Closing. Upon each Closing Date, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and none of such transactions shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:
Transactions at Each Closing. At each Closing, the Company shall issue and the Purchasers shall purchase, on a several and not joint basis, the amount of Notes as provided in Section 2.1 hereof (but in any event, at each Closing on the purchase and sale of a Committed Note, including at the Initial Loan Closing, the aggregate amount of Notes to be issued at such Closing shall not exceed $333,333.34, and with respect to the purchase and sale of all Notes, the aggregate original principal amount shall not exceed $4,000,000). At each Closing, the Company shall issue to each Purchaser a Note representing the principal amount of the Note issued to such Purchaser at such Loan Closing.
Transactions at Each Closing. At each Closing, the Company shall issue and the Purchasers shall purchase, on a several and not joint basis, the Notes as provided in this Section 2. At each Closing, the Company shall issue to each Purchaser, a Note representing the principal amount of the Note purchased by the Purchaser at such Closing.
Transactions at Each Closing. (a) At the First Closing, subject to the terms and conditions of this Agreement, (i) the Company shall issue and sell to Purchaser and Purchaser shall purchase the First Closing Shares; (ii) the Company shall deliver to Purchaser a certificate representing the First Closing Shares, registered in the name of Purchaser against payment of the First Closing Purchase Price by wire transfer of immediately available funds to an account or accounts previously designated by the Company no less than five (5) Business Days prior to the First Closing Date; and (iii) the Company and Purchaser shall enter into the Registration Rights Agreement.
Transactions at Each Closing. At each Closing, the Company shall issue and the Purchasers shall purchase, on a several and not joint basis, the Notes and the Warrants as provided in this Section 2.1. At each Closing, the Company shall issue to each Purchaser (A) a Note representing the principal amount of the Note purchased by the Purchaser at the Loan Closing and (B) a Warrant exercisable for Common Stock as specified in Section 2(b). In addition, at the Initial Closing, the Company shall issue to certain of the Purchasers New Notes in exchange for their Old Notes.

Related to Transactions at Each Closing

  • Transactions at Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Actions at Closing At the Closing, the following actions will take place:

  • Actions at the Closing At the Closing:

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction, on or before October 1, 2004, 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:

  • Transactions to be Effected at the Closing (a) At the Closing, Buyer shall:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • First Closing The First Closing shall have occurred.

  • Conditions to the Purchasers’ Obligations at Closing The obligations of the Purchaser to purchase Shares at the Closing are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived:

Time is Money Join Law Insider Premium to draft better contracts faster.