Conditions to Closings. Notwithstanding any other provision, as a condition precedent to each Closing, all of the following conditions will have been satisfied: a. The Common Stock has been trading on a Trading Market on and since the Notice Date, trading has not been suspended, and the Company is in compliance with all requirements to continue trading on a Trading Market; b. No uncured event of default exists under any Transaction Document; c. The representations and warranties of Company in this Agreement will be true and correct in all material respects; d. All Shares will have been timely delivered to Purchaser and any Affiliate of Purchaser in accordance with any contractual requirements, time being of the essence; e. All documents, instruments and other writings required to be delivered by Company to Purchaser pursuant to any provision of this Agreement or in order to implement and effect the transactions contemplated herein have been delivered.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (Uluru Inc.), Preferred Stock Purchase Agreement (Uluru Inc.)