Common use of First Closing Date Clause in Contracts

First Closing Date. Subject to the satisfaction or waiver of all the conditions to the First Closing set forth in Sections 6, 7 and 8 hereof, the closing of the purchase and sale of the First Tranche Shares hereunder (the “First Closing”) shall be held virtually by telephonic meeting on the later of (i) November 30, 2021 and (ii) the date that is five (5) days after the satisfaction of the conditions to First Closing set forth in Sections 6, 7 and 8 (other than those conditions that by their nature are to be satisfied at the First Closing), at 7:00 a.m., Pacific Time, at the offices of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, Menlo Park, California 94025, or at such other time, date and location as the parties may agree. The date the First Closing occurs is hereinafter referred to as the “First Closing Date.”