Common use of Condition to Obligations of Each Party Clause in Contracts

Condition to Obligations of Each Party. The obligations of each Party to consummate the Transactions shall be subject to the satisfaction or waiver (where permissible), at or prior to the Closing, of the following condition: No Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Law which is then in effect (whether temporary, preliminary or permanent) and has the effect of enjoining, restraining, prohibiting or otherwise making the consummation of the Transactions illegal (an “Injunction”).

Condition to Obligations of Each Party. The respective obligations of each Party of the Parties hereto to consummate the Transactions transactions contemplated by this Agreement shall be subject to the satisfaction or waiver condition (where permissible)which may be waived, at or prior to in writing, by agreement of the Parties) that as of the Closing, no Law, and no Injunction or other order issued by any court or other Governmental Entity of the following condition: No Governmental Authority competent jurisdiction or other legal or regulatory prohibition shall have enactedbe in effect, issued, promulgated, enforced or entered any Law which is then in effect (whether temporary, preliminary or permanent) and has the effect of enjoining, restraining, prohibiting or otherwise making each case that would prevent the consummation of the Transactions illegal (an “Injunction”)transactions contemplated hereby.

Condition to Obligations of Each Party. The obligations of each Party to consummate the Transactions shall be subject to the satisfaction or waiver (where permissible), at or prior to the First Closing, of the following condition: No Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Law which is then in effect (whether temporary, preliminary or permanent) and has the effect of enjoining, restraining, prohibiting or otherwise making the consummation of the Transactions illegal (an “Injunction”).