Common use of Conditions to Each Closing Clause in Contracts

Conditions to Each Closing. Each Purchaser's obligation to purchase and pay for the Securities is subject to the satisfaction prior to or at each Closing of the following conditions provided that these conditions are for each Purchaser's sole benefit and may be waived by such Purchaser at any time in its sole discretion:

Appears in 2 contracts

Sources: Series 1 Bridge Note Purchase and Security Agreement (Cumetrix Data Systems Corp), Series 1 Bridge Notes Purchase and Security Agreement (Providential Holdings Inc)