Common use of Conditions of Each Purchaser's Obligation Clause in Contracts

Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Preferred Shares.

Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares and the Warrants which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Preferred SharesShares or Warrants.

Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares Stock which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Preferred SharesStock.