Common use of Conditions for the Benefit of the Corporation Clause in Contracts

Conditions for the Benefit of the Corporation. (1) The obligation of the Corporation to sell the Purchased Shares is subject to the following terms and conditions which are for the exclusive benefit of the Corporation to be performed or complied with at or prior to the Time of Closing:

Appears in 9 contracts

Samples: Share Purchase Agreement (Sr Telecom Inc), Share Purchase Agreement (Sr Telecom Inc), Share Purchase Agreement (Sr Telecom Inc)

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Conditions for the Benefit of the Corporation. (1a) The obligation sale of the Corporation to sell the Purchased Shares Securities is subject to the following terms and conditions conditions, which are for the exclusive benefit of the Corporation and which are to be performed or complied with at or prior to the Time of Closing:

Appears in 2 contracts

Samples: Subscription Agreement (Southbridge Investment Partnership No 1), Subscription Agreement (Southbridge Investment Partnership No 1)

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