Common use of First Closing Date Clause in Contracts

First Closing Date. The Closing of the purchase and sale of the First Convertible Debenture shall take place at 10:00 a.m. Eastern Daylight Time on the 1st business day following the date hereof, subject to notification of satisfaction of the conditions to the First Closing set forth herein and in Sections 7 and 8 below (or such later date as is mutually agreed to by the Company and the Investor (the “First Closing Date”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Kona Gold Solutions, Inc.)

First Closing Date. The Closing of the purchase and sale of the First Convertible Debenture shall take place at 10:00 a.m. Eastern Daylight Time on the 1st business day following the date hereof, subject to notification of satisfaction of the conditions to the First Closing set forth herein and in Sections 7 and 8 below (or such later date as is mutually agreed to by the Company and the Investor (the “First Closing Date”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Castor Maritime Inc.)

First Closing Date. The Closing of the purchase and sale of the First Convertible Debenture shall take place at 10:00 a.m. Eastern Daylight Standard Time on the 1st business day following the date hereof, subject to notification of satisfaction of the conditions to the First Closing set forth herein and in Sections 7 8(a) and 8 9(a) below (or such later date as is mutually agreed to by the Company and the Investor (the “First Closing Date”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Darkstar Ventures, Inc.)