Common use of Second Closing Purchase Price Clause in Contracts

Second Closing Purchase Price. The closing date in relation to the Second Closing Purchase Price shall be the fifth (5 th ) business day after the Actual Effective Date (the "Second Closing Date"). Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Second Closing Date each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Second Closing Notes"). The aggregate Purchase Price of the Second Closing Notes for all Subscribers shall be equal to the Second Closing Purchase Price. The Second Closing Note shall be identical to the Note issuable on the Initial Closing Date except that the maturity date on the Second Closing Note shall be three years after the Second Closing Date.

Second Closing Purchase Price. The closing date in relation to the Second Closing Purchase Price shall be the fifth (5 th 5th) business day after the Actual Effective Date actual effective date of the Registration Statement described in Section 11.1(iv) (the "Second Closing Date"). Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Second Closing Date each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Second Closing Notes"). The aggregate Purchase Price of the Second Closing Notes for all Subscribers shall be equal to the Second Closing Purchase Price. The Second Closing Note shall be identical to the Note issuable on the Initial Closing Date except that the maturity date on the Second Closing Note shall be three years after the Second Closing Date.