Acquisitions of Qualified Centers Sample Clauses

Acquisitions of Qualified Centers. For each New Center that is deemed to be a Qualified Center, the Parties will act in good faith and use their best efforts to consummate the acquisition of such Qualified Center(s) within * * * from the date that Seller or Buyer, as the case may be, exercises its right under Section 2.5, to require a sale and purchase of a Qualified Center. In the event that the Parties are not able to consummate an acquisition of a Qualified Center during the foregoing time period, either Party may notify the other Party that it considers such other Party to be in default of its obligations under this Agreement and provide such Party with a period of 30 days within which to cure such default. In the event the Parties are not able to consummate such transaction within such additional 30 day period, such failure may be deemed grounds for termination of this Agreement and in such an event, the provisions of Sections 9.4 and 9.5 shall apply. Furthermore, in the event the Parties fail to consummate a timely sale of a Qualified Center, thereafter, the Parties may, but shall have no obligation to, agree that Seller shall no longer be subject to the exclusivity conditions of this Agreement solely with respect to the Qualified Center for which an acquisition was not consummated and the obligations of the Parties with respect to purchases and sales of Plasma from such Qualified Center shall be as set forth in Section 2.5(c).
Sample 1
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Related to Acquisitions of Qualified Centers

  • REPRESENTATIONS OF THE ACQUIRED FUND The Trust, on behalf of the Acquired Fund, represents and warrants to the Acquiring Fund, as follows:

  • Representations of the Acquired Funds In connection with any investment by an Acquiring Fund in an Acquired Fund in excess of the limitations in Section 12(d)(1)(A), the Acquired Fund agrees to: (i) comply with all conditions of the Rule, as interpreted or modified by the SEC or its Staff from time to time, applicable to Acquired Funds; (ii) comply with its obligations under this Agreement; and (iii) promptly notify the Acquiring Fund if such Acquired Fund fails to comply with the Rule with respect to an investment by the Acquiring Fund, as interpreted or modified by the SEC or its Staff from time to time, or this Agreement.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF THE ACQUIRED FUND The obligations of the Acquired Fund to complete the transactions provided for herein shall be, at its election, subject to the performance by the Acquiring Fund of all the obligations to be performed by it hereunder on or before the Closing Date, and, in addition thereto, the following further conditions, unless waived by the Acquired Fund in writing:

  • Representations and Warranties of the Acquired Fund The Acquired Fund represents and warrants to and agrees with the Acquiring Fund that:

  • ACQUISITIONS AND GUARANTIES (a) Loan, invest in or advance money or assets, (b) purchase, create or acquire any interest in any other enterprise or entity, or (c) incur any obligation as surety or guarantor other than in the ordinary course of business.

  • Loans, Acquisitions and Guaranties (1) Loan, invest in or advance money or assets to any other person, enterprise or entity, (2) purchase, create or acquire any interest in any other enterprise or entity, or (3) incur any obligation as surety or guarantor other than in the ordinary course of business.

  • Conditions to Obligations of Parent and Sub The obligations of Parent and Sub to effect the Merger are further subject to the satisfaction or waiver on or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is further subject to satisfaction or waiver of the following conditions:

  • Conditions to Obligations of the Buyer The obligations of the Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions, any of which may be waived in writing by the Buyer in its sole discretion:

  • Representations of the Acquiring Fund The Acquiring Fund represents and warrants to the Selling Fund as follows:

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