Common use of Additional Conditions to the Company’s Obligations Clause in Contracts

Additional Conditions to the Company’s Obligations. The obligations of the Company to consummate the Merger are subject to the satisfaction or, to the extent permitted by Law, the waiver by the Company on or prior to the Effective Time of each of the following conditions: (a) Each of the Parent Parties shall have performed or complied in all material respects with all of its covenants, obligations or agreements required to be performed or complied with under the Agreement prior to the Effective Time; (b) The representations and warranties of Parent contained (i) in the first sentence of Section 3.1(a), Section 3.2, Section 3.4 and Section 3.5(b)(i) shall be true and correct in all respects as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), except for de minimis inaccuracies, (ii) in Section 3.7(b) shall be true and correct in all respects as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), (iii) in Section 3.15 shall be true and correct in all material respects as of the date of this Agreement and as of the Closing Date, as if made as of such date, and (iv) in this Agreement (other than the representations and warranties of Parent set forth in the first sentence of Section 3.1(a), Section 3.2, Section 3.4, Section 3.5(b)(i), Section 3.7(b) and Section 3.15) shall be true and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), except (in the case of this subclause (iv)) where the failure of such representations and warranties to be so true and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect; and

Appears in 2 contracts

Samples: Merger Agreement (APA Corp), Merger Agreement (Callon Petroleum Co)

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Additional Conditions to the Company’s Obligations. The obligations of the Company to consummate the Merger Mergers are subject to the satisfaction or, to the extent permitted by Law, the waiver by the Company on or prior to the Initial Merger Effective Time of each of the following conditions: (a) Each of the Parent Parties shall have performed or complied in all material respects with all of its respective covenants, obligations or agreements required to be performed or complied with under the Agreement prior to the Initial Merger Effective Time; (b) The representations and warranties of the Parent Parties contained (iA) in the first sentence of Section 3.1(a), Section 3.1(b), Section 3.2, Section 3.4 and Section 3.5(b)(i3.7(b) of this Agreement shall be true and correct in all respects as of the date of this Agreement and as of the Closing Date, as if made as of such date date, except in the case of Section 3.4(a), for de minimis inaccuracies (in each case except to the extent expressly made as of an earlier date, in which case as of such date), except for de minimis inaccuracies, (ii) in Section 3.7(b) shall be true and correct in all respects as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), (iii) in Section 3.15 shall be true and correct in all material respects as of the date of this Agreement and as of the Closing Date, as if made as of such date, and (ivB) in this Agreement (other than the representations and warranties of the Parent Parties set forth in the first sentence of Section 3.1(a), Section 3.1(b), Section 3.2, Section 3.4, Section 3.5(b)(i), 3.4 and Section 3.7(b) and Section 3.15)) shall be true and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), except (in the case of this subclause clause (ivB)) where the failure of such representations and warranties to be so true and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect; and;

Appears in 2 contracts

Samples: Merger Agreement (Crescent Energy Co), Merger Agreement (Silverbow Resources, Inc.)

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Additional Conditions to the Company’s Obligations. The obligations of the Company to consummate the Merger are subject to the satisfaction or, to the extent permitted by LawLegal Requirements, the waiver by the Company on or prior to the Effective Time of each of the following conditions: (a) Each of the Parent Parties or Merger Sub shall have performed or complied in all material respects with all of its covenants, obligations or agreements required to be performed or complied with under the Agreement prior to the Effective Time; (b) The (i) the representations and warranties of Parent and Merger Sub contained in this Agreement not qualified with any “materiality” or “Material Adverse Effect” qualifiers, and (ii) the representations and warranties of Parent and Merger Sub contained in this Agreement qualified with any “materiality” or “Material Adverse Effect” qualifiers, shall be accurate in all respects, in the case of each of (i) in the first sentence of Section 3.1(a)and (ii) above, Section 3.2, Section 3.4 and Section 3.5(b)(i) shall be true and correct in all respects as of the date of this Agreement and as of the Closing Date, as if made as date of such date (the Effective Time; except to the extent expressly made such representations and warranties speak as of an earlier date, in which case such representations and warranties shall have been accurate as of such date), ; and except for de minimis inaccuraciesin each case, (iiA) in Section 3.7(b) shall be true and correct in all respects as of the date of for changes contemplated by this Agreement and as of the Closing DateAgreement, as if made as of such date or (except to the extent expressly made as of an earlier date, in which case as of such date), (iii) in Section 3.15 shall be true and correct in all material respects as of the date of this Agreement and as of the Closing Date, as if made as of such date, and (iv) in this Agreement (other than the representations and warranties of Parent set forth in the first sentence of Section 3.1(a), Section 3.2, Section 3.4, Section 3.5(b)(i), Section 3.7(b) and Section 3.15) shall be true and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) as of the date of this Agreement and as of the Closing Date, as if made as of such date (except to the extent expressly made as of an earlier date, in which case as of such date), except (in the case of this subclause (iv)B) where the failure of such representations and warranties to be so true accurate has not had, and correct (without giving effect to any limitation as to “materiality” or “Parent Material Adverse Effect” set forth in any individual such representation or warranty) would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect; andEffect on the Parent; (c) there shall have not been a Material Adverse Effect on the Parent;

Appears in 1 contract

Samples: Merger Agreement (Safenet Inc)

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