Common use of The Initial Closing Clause in Contracts

The Initial Closing. The obligation of the Company to issue and sell the Initial Preferred Shares and the Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof:

The Initial Closing. The obligation of the Company each Buyer hereunder to issue and sell purchase the Initial Preferred Shares and the Warrants to each Buyer from the Company at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Companyeach Buyer's sole benefit and may be waived by the Company such Buyer at any time in its sole discretion by providing each Buyer the Company with prior written notice thereof:

The Initial Closing. The obligation of the Company to issue and sell the Initial Preferred Shares and the Warrants to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof: