Closing Conditional Sample Clauses

Closing Conditional. The completion of the Closing shall be conditional upon (a) the satisfaction by the Parties of all their respective obligations as set forth in sections 13, 14 and 15, and (b) SEABRIDGE securing the financing required to purchase the Property on or before July 26, 2002. The foregoing conditions are included in this Agreement for the sole benefit of SEABRIDGE and may be waived in whole or in part by SEABRIDGE in its sole discretion. If such conditions are not satisfied or waived by SEABRIDGE on or before July 26, 2002, this Agreement shall be of no force and effect and each of the Parties shall be released from any and all obligations hereunder. In the event that the foregoing conditions are satisfied or waived in whole or in part by SEABRIDGE on or before July 26, 2002, then the Parties shall complete the purchase and sale transaction as contemplated by the terms of this Agreement. At Closing the Parties shall deliver the following Closing Documents: (i) SEABRIDGE shall deliver to SELLERS the first installment of the Purchase Price by electronic wire transfers, certified funds or cashier's checks, the executed Royalty Agreement (Schedule "B") to be registered against title to the Property and the executed Security Agreement (Schedule "C") to be registered against title to the Property, and (ii) SELLERS shall deliver to SEABRIDGE a duly executed Assignment of Mining Leases (Schedule "D"). SEABRIDGE covenants to use all commercially reasonable efforts, at its own expense, to obtain on or before Closing the financing required to purchase the Property. After Closing the SELLERS shall permit SEABRIDGE reasonable to access the Records and Data and make copies of all such Records and Data at its sole cost.
Sample 1
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Related to Closing Conditional

  • Closing Conditions (a) The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • FPS Closing Conditions (a) The obligation of the Purchaser to purchase the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment, at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Purchaser:

  • Purchaser’s Closing Conditions The Purchaser’s obligations to close the transactions described in this Agreement are subject to the satisfaction at or prior to Closing of the following conditions precedent (the “Purchaser’s Closing Conditions”):

  • Company Closing Conditions The Company’s obligation to consummate the transaction hereunder at the Closing shall be subject to the following conditions, any one or more of which may be waived by the Company:

  • Seller’s Closing Conditions The obligations of Seller under this Agreement are subject, at the option of Seller, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Buyer’s Closing Conditions The obligations of Buyer under this Agreement are subject, at the option of Buyer, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • Satisfaction of Closing Conditions The Vendors agree to use their best efforts to ensure that the conditions set forth in Section 5.1, and the Purchaser agrees to use its best efforts to ensure that the conditions set forth in Section 5.3, are fulfilled at or prior to the Closing Time.

  • Actions to Satisfy Closing Conditions Each Party shall take all actions as are within its power and otherwise use its commercially reasonable efforts so as to ensure compliance with the conditions set forth in this Section 6.

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