Common use of PLACE OF CLOSING AND PROCEDURE AT CLOSING Clause in Contracts

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The initial closing of the issuance of the Note to the Purchaser (each, a "Closing") shall take place simultaneously with and upon the satisfaction of the following conditions: (1) the Company’s execution and delivery to the Purchaser of the following: (a) an executed copy of this Agreement; (b) an executed copy of the Note; (c) a signed copy of the Irrevocable Instructions to the Transfer Agent; and (d) the signed Secretary Certificate. (2) the Purchaser’s execution of a wire transfer to the Company no later than one (1) business day following the Closing as follows: the sum of one hundred thousand dollars ($100,000.00) in cash shall be remitted and delivered to the Company and ten thousand dollars ($10,000.00) shall be retained by the Purchaser through an original issuance discount for due diligence and legal bills related to this transaction..

PLACE OF CLOSING AND PROCEDURE AT CLOSING. The initial closing of the issuance of the Note to the Purchaser (each, a the "Closing") shall take place simultaneously with and upon the satisfaction of the following conditions: (1) the Company’s execution and delivery to the Purchaser of the following: (a) an executed copy of this Agreement; (b) an executed copy of the Note; (c) a signed copy of the Irrevocable Instructions to the Transfer Agent; and (d) the signed Secretary CertificateAction of the Board of Directors. (2) the Purchaser’s execution of a wire transfer to the Company no later than one (1) 2 business day days following the Closing as follows: the sum of one hundred thousand dollars ($100,000.00) 110,000 in cash shall be remitted and delivered to the Company and ten thousand dollars ($10,000.00) 10,000 in cash shall be retained by the Purchaser through an original issuance issue discount for due diligence and legal bills related to this transaction...