Common use of Second Closing Deliveries Clause in Contracts

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”) signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“Second Closing Legal Opinion”). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”"SECOND CLOSING CERTIFICATE") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“Second Closing Legal Opinion”"SECOND CLOSING LEGAL OPINION"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes Shares and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his its portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing DateShares, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event all other provisions of Default has not occurredthis Agreement. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Company and Second Closing Notes, Shares and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities (as defined in Section 11) have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”) signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, Date and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) certifying that the information contained in the schedules and exhibits hereto is substantially accurate as of the Second Closing Date, (iii) adopting and renewing the covenants and conditions set forth in Sections 3, 5, 6, 7, 8, 9, 10, 11, 9 and 12 10 of this Agreement in relation to the Second Closing Date, Second Closing Notes Date and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this AgreementNotes, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 5 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants Notes (“Second Closing Legal Opinion”). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes Shares and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his its portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Filing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing DateShares, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event all other provisions of Default has not occurredthis Agreement. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Company and Second Closing Notes, Shares and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities (as defined in Section 11) have been included for registration in the registration statement declared effective on Registration Statement which has been accepted for filing by the Actual Effective DateCommission.

Second Closing Deliveries. On the Second Closing Date, the --------------------------- Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Registerable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants Preferred Stock to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsPreferred Stock, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. .A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Preferred Stock (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the The Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date and the Second Closing Date, as if such representations and warranties were made and given on all each of such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsNotes, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion legal opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company ------------------------- will deliver the Second Closing Notes and Second Closing Warrants Preferred Stock to the Escrow Agent and each Subscriber Purchaser will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”"SECOND CLOSING CERTIFICATE") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, 12, and 12 13 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsPreferred Stock, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 12 of this Agreement, and (iv) certifying that an a Redemption Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 7 of this Agreement shall be delivered to each Subscriber Purchaser at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Preferred Stock (“Second Closing Legal Opinion”"SECOND CLOSING LEGAL OPINION"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the a registration statement declared effective on filed with the Actual Effective Commission as of the Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his its portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”) signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy in all material respects of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default Default, as defined in the Note and this Agreement, has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“Second Closing Legal Opinion”). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants Note to the Escrow Agent and each the Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the The Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the actual effective date of the Registration Statement and the Second Closing Date, as if such representations and warranties were made and given on all each of such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 9 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsSecurities, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 10 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 3 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Securities (“"Second Closing Legal Opinion”Opinions"). The Second Closing Legal Opinion legal opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on the Actual Effective Datestatement.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes Shares and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Filing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 119,10,11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes Shares and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing NotesShares, and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the a registration statement declared effective on as of the Actual Effective Filing Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Second Closing Event date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default Default, as defined in the Note and this Agreement, has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective DateDate and Second Closing Date or are issuable upon conversion into free trading shares of Common Stock the resale of which is exempt from registration under the 1933 Act.

Second Closing Deliveries. On or before the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent Subscriber and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow AgentSubscriber. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsNotes, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements obligations set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to substantially in the form of the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the The Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or and chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the actual effective date of the Registration Statement and the Second Closing Date, as if such representations and warranties were made and given on all each of such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsNotes, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion legal opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective actual effective date of the Registration Statement and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”"SECOND CLOSING CERTIFICATE") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) certifying that the information contained in the schedules and exhibits hereto is substantially accurate as of the Second Closing Date, except for changes that do not constitute Material Adverse Effect [as defined in Section 5(a)], (iii) adopting and renewing the covenants and conditions representations set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iiiiv) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (ivv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“Second Closing Legal Opinion”"SECOND CLOSING LEGAL OPINION"). The Second Closing Legal Opinion must also state that all the Registration Statement has been declared effective by the Commission and remains effective as of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, Date and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) certifying that the information contained in the schedules and exhibits hereto is substantially accurate as of the Second Closing Date, except for changes that do not constitute a Material Adverse Event, (iii) adopting and renewing the covenants and conditions representations set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iiiiv) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (ivv) certifying that an Event of Default has not occurred, and (vi) certifying the accomplishment of the Second Closing Milestone. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all the Registration Statement has been declared effective by the Commission and remains effective as of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his its portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”"SECOND CLOSING CERTIFICATE") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s 's registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default Default, as defined in the Note and this Agreement, has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“Second Closing Legal Opinion”"SECOND CLOSING LEGAL OPINION"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive operating officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsNotes, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each the Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“"Second Closing Certificate”") signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) certifying that the information contained in the schedules and exhibits hereto is substantially accurate as of the Second Closing Date, (iii) adopting and renewing the covenants and conditions set forth in Sections 54, 6, 7, 8, 98, 10, 11, and 12 11 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 5 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants (“"Second Closing Legal Opinion”"). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the registration statement declared effective on filed as of the Actual Effective Filing Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the Second Closing Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”) signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) certifying that the information contained in the schedules and exhibits hereto is substantially accurate as of the Second Closing Date, except for changes that do not constitute Material Adverse Effect [as defined in Section 5(a)], (iii) adopting and renewing the covenants and conditions representations set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing Warrants, (iiiiv) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (ivv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, Company and Second Closing Warrants Notes (“Second Closing Legal Opinion”). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the registration statement declared effective on the Actual Effective Date.

Second Closing Deliveries. On the Second Closing Date, the Company will deliver the Second Closing Notes and Second Closing Warrants to the Escrow Agent and each Subscriber will deliver his portion of the respective Purchase Price to the Escrow Agent. On the Second Closing Date, the Company will deliver a certificate (“Second Closing Certificate”) signed by its chief executive officer or chief financial officer (i) representing the truth and accuracy of all the representations and warranties made by the Company contained in this Agreement, as of the Initial Closing Date, the Actual Effective Date, and the Second Closing Date, as if such representations and warranties were made and given on all such dates, (ii) adopting and renewing the covenants and conditions set forth in Sections 5, 7, 8, 9, 10, 11, and 12 of this Agreement in relation to the Second Closing Date, Second Closing Notes and Second Closing WarrantsNotes, (iii) representing the timely compliance by the Company with the Company’s registration requirements set forth in Section 11 of this Agreement, and (iv) certifying that an Event of Default has not occurred. A legal opinion nearly identical to the legal opinion referred to in Section 6 of this Agreement shall be delivered to each Subscriber at the Second Closing in relation to the Company, Second Closing Notes, and Second Closing Warrants Notes (“Second Closing Legal Opinion”). The Second Closing Legal Opinion must also state that all of the Registrable Securities have been included for registration in the an effective registration statement declared effective on as of the Actual Effective Date and Second Closing Date.