Common use of Conditions Precedent to the Obligation of the Company to Sell the Shares Clause in Contracts

Conditions Precedent to the Obligation of the Company to Sell the Shares. The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement 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 in writing at any time in its sole discretion.

Appears in 8 contracts

Sources: Securities Purchase Agreement (Pura Naturals, Inc.), Securities Purchase Agreement (Ifan Financial, Inc.), Securities Purchase Agreement (Dna Precious Metals Inc.)

Conditions Precedent to the Obligation of the Company to Sell the Shares. The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement 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 in writing at any time in its sole discretion.

Appears in 3 contracts

Sources: Common Stock Purchase Agreement (Summus Inc Usa), Common Stock Purchase Agreement (Open Market Inc), Common Stock Purchase Agreement (24/7 Media Inc)

Conditions Precedent to the Obligation of the Company to Sell the Shares. The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement Date of each of the conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company in writing at any time in its sole discretion.

Appears in 3 contracts

Sources: Stock Purchase Agreement (CQENS Technologies Inc.), Stock Purchase Agreement (CQENS Technologies Inc.), Stock Purchase Agreement (CQENS Technologies Inc.)

Conditions Precedent to the Obligation of the Company to Sell the Shares. The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Shares to the Purchaser pursuant to a Draw Down Notice delivered hereunder is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement Date 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 in writing at any time in its sole discretion.

Appears in 2 contracts

Sources: Common Stock Purchase Agreement (Calypte Biomedical Corp), Common Stock Purchase Agreement (Stemcells Inc)

Conditions Precedent to the Obligation of the Company to Sell the Shares. The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement Date of each of the conditions set forth below. These conditions are for the Company's ’s sole benefit and may be waived by the Company in writing at any time in its sole discretion.

Appears in 1 contract

Sources: Securities Purchase Agreement (Micro Imaging Technology, Inc.)