Additional Condition to Closing Sample Clauses

Additional Condition to Closing. A new Section 7.21 is hereby added to the Merger Agreement, which shall read as follows:
Sample 1Sample 2
AutoNDA by SimpleDocs
Additional Condition to Closing. The obligations of IFC to consummate the transactions contemplated by this agreement are subject to the following condition: All representations and warranties of CyNet contained in this agreement, information and documentation delivered pursuant hereto, on or before the closing or in connection with the transaction provided to IFC shall have been true and correct in all respect on and as of Closing as if made on or as of the Closing. Please acknowledge your agreement with the contents of this letter by signing and dating one counterpart of its in the space provided below, and returning that counterpart to us for our records. Thank you for prompt attention to this matter. Very truly yours, CYNET, INC. By:________________________________ Xxx Xxxxx, CEO ___________________________________ Xxx Xxxxx, Individually ACKNOWLEDGED AND AGREED TO THIS _________DAY OF JUNE __________, 1996. INTERNATIONAL FAX CORPORATION By: __________________________________________________________ Xxxx-Xxxxx Xxxxxxxx, on behalf of IFC and its Shareholders Title: _______________________________________________________ ______________________________________________________________ Xxxx-Xxxxx Xxxxxxxx, Individually I-MEDIA, S.A.
Sample 1
Additional Condition to Closing. 28 SIGNATURES..................................................................29
Sample 1
Additional Condition to Closing. Notwithstanding any provision contained in this Agreement to the contrary, the parties acknowledge that the final Exhibits and Schedules referred to in this Agreement have not been delivered to the respective parties. The parties hereby acknowledge and agree that the Closing of this Agreement is expressly subject to and conditioned upon the completion of, and delivery of, such Exhibits and Schedules in final form and in a form which is satisfactory to and approved by all parties hereto, and that the Sellers will commence the termination of the Company's present profit sharing plan.
Sample 1
Additional Condition to Closing. Section 8.3 is hereby modified and amended such that the following subsection is added as Section (o) thereof:
Sample 1
Additional Condition to Closing. On or prior to the Closing Date, the Underwriter shall have received from the Company evidence reasonably satisfactory to the Underwriter that the Offered Securities have received ratings of at least Baa3 from Xxxxx’x Investors Service, Inc. and at least BBB from Standard & Poor’s Ratings Services. Sinking Fund: None.
Sample 1
Additional Condition to Closing. In addition to all of Buyer's conditions to Closing as set forth in Article IV. A of the Sale Agreement, the following shall be additional conditions precedent to Buyer's obligation to purchase the Property: (i) the consent by LaSalle National Bank, as Trustee for Chase Mortgage Securities Corp. Commercial Mortgage Pass-Through Certificates Series 1996-1 and Lennar Partners, Inc., a Delaware corporation, as special servicer, (collectively, "Lender") to Buyer's assumption of the Existing Loan on terms and conditions approved by Buyer in Buyer's sole and absolute discretion; (ii) the approval by Lender of the form and substance of all documents, instruments, financial statements, certificates, opinions and other writings (the "Assumption Documents") or actions required to be executed and delivered or performed by Buyer in connection with the assumption by Buyer of the Existing Loan, all of which shall be subject to the approval of Buyer in Buyer's sole and absolute discretion; and (iii) the execution, in each case duly authorized, by Lender, Buyer and, where applicable, Seller of all Assumption Documents in form and substance satisfactory to Buyer in Buyer's sole and absolute discretion and the delivery of such executed Assumption Documents to Escrow Holder. (iv) the execution by Seller and delivery to Buyer of a certificate in form and substance satisfactory to Buyer with respect to any estoppel certificates previously delivered to Seller. 4.
Sample 1
AutoNDA by SimpleDocs
Additional Condition to Closing. It shall be an additional condition to Buyer’s obligation to close that on or before Closing, Seller shall provide evidence to Buyer that the liens and encumbrances described on Exhibit E attached to this Amendment that may affect portions of the Certificated Water Rights have been released, with such evidence to be acceptable to Buyer in its sole and absolute discretion. If Seller fails to satisfy the foregoing condition on or before Closing, Buyer shall have the right to terminate this Agreement, in which event Buyer shall receive a return of the Deposit, including any amounts previously disbursed to Seller, which Seller shall immediately deliver to Buyer. The obligations set forth in this Section 14 shall survive the termination of the Agreement.
Sample 1

Related to Additional Condition to Closing

  • Additional Conditions to Closing (a) All necessary approvals under federal and state securities laws and other authorizations relating to the issuance of the Acquisition Shares and the transfer of the Shares shall have been received.

  • Condition to Closing Buyer acknowledges and agrees that the Closing is contingent upon the closing of the IPO, and that if, for whatever reason, the IPO is not completed, the Company shall not be obligated to issue and sell the Restricted Shares and Buyer shall not be required to purchase the Restricted Shares and this Agreement may be terminated in accordance with Section 5(k) below.

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • Additional Conditions For each mediation or arbitration:

  • Mutual Conditions to Closing The obligations of the Investor and the Company to consummate the Closing are subject to the fulfillment as of the Closing Date of the following conditions:

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE Buyer's obligation to purchase the Shares and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE The Purchaser's obligation to pay the Consideration and to take the other actions required to be taken by the Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):

Time is Money Join Law Insider Premium to draft better contracts faster.