Common use of Conditions to the First Closing Clause in Contracts

Conditions to the First Closing. In addition to the satisfaction (or waiver) of the conditions set forth in Section 6.2(a), the Company’s obligation to sell and issue the Notes and Warrants at the First Closing is subject to the delivery of the specified portion of the Purchase Price as set forth on Schedule I by the Investor to the Company.

Appears in 1 contract

Sources: Purchase Agreement (Converted Organics Inc.)

Conditions to the First Closing. In addition to the satisfaction (or waiver) of the conditions set forth in Section 6.2(a), the Company’s obligation to sell and issue the Notes and Warrants at the First Closing is subject to the delivery of the specified portion of the Purchase Price as set forth on Schedule I by the Investor Group A Investors to the Company.

Appears in 1 contract

Sources: Purchase Agreement (Claudius IV, LLC)