Common use of Initial Closing Clause in Contracts

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below), an Initial Note in the original principal amount as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) 2.3 and 7(a) 2.4 below, the Company shall issue and sell to each BuyerPurchaser set forth on Schedule A hereto, and each Buyer severallysuch Purchaser, severally but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below)Date, an Initial a Note in the original principal amount as is Subscription Amount set forth opposite such BuyerPurchaser’s name in column (3) on the Schedule of Buyers A (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) belowbelow as provided therein, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall agrees to purchase from the Company on the Initial Closing Date (as defined below), ) Initial Notes in an Initial Note in the original aggregate principal amount as is set forth opposite such Buyer’s name in column (33)(a) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) 6 and 7(a) 7 below, the Company shall issue and sell to each Original Buyer, and each Original Buyer severally, but not jointly, shall agrees to purchase from the Company on the Initial Closing Date (as defined below), an the number of Initial Note in the original principal amount Series B Preferred Shares as is set forth opposite such Original Buyer’s name in column (3) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below), an Initial Note in the original principal amount as is set forth opposite such Buyer’s name in column (3) or column (4) (as applicable) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) and delivery of the documents required pursuant to Section 1(a)(v)(1) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall agrees to purchase from the Company on the Initial Closing Date (as defined below), an Initial Note in ) the original principal amount number of Purchased Common Shares as is set forth opposite such Buyer’s name in column (33)(a) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below), (i) an Initial Note in the original principal amount as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers Buyers, and (ii) a Token Right to acquire such Buyer’s pro rata amount of Tokens (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below), an Initial Note in the original principal amount amounts as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers (the “Initial Closing”).

Initial Closing. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Initial Closing Date (as defined below), an a number of Initial Note Shares in the original principal amount as is set forth opposite such Buyer’s name in column (3) on the Schedule of Buyers (the “Initial Closing”).