Common use of Conditions to Initial Closing Clause in Contracts

Conditions to Initial Closing. The obligation of each Purchaser to purchase and pay for the Initial Notes and the Warrants to be sold to such Purchaser at the Initial Closing is subject to the satisfaction, at the Initial Closing, of the following conditions:

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Ocwen Financial Corp)

Conditions to Initial Closing. The obligation obligations of each the Purchaser to purchase and pay for the Initial Notes Shares and the Warrants to be sold to such Purchaser Initial Warrant at the Initial Closing is are subject to the satisfactionfulfillment, at the on or before such Initial Closing, of each of the following conditions, unless otherwise waived:

Appears in 1 contract

Sources: Series C Preferred Stock and Warrant Purchase Agreement (VirtualScopics, Inc.)