Condition Precedent to the Obligations of the Company. The obligations of the Company hereunder are subject to the due filing with the Secretary of State of the State of Delaware and the legal effectiveness of the Certificate of Designations on or prior to the Closing Date.
Appears in 3 contracts
Sources: Series D Convertible Preferred Stock Purchase Agreement (Aurora Electronics Inc), Series C Convertible Preferred Stock Purchase Agreement (Aurora Electronics Inc), Series B Convertible Preferred Stock Purchase Agreement (Aurora Electronics Inc)