Common use of Conditions in Favour of Target Clause in Contracts

Conditions in Favour of Target. The obligations of Target to complete the Arrangement shall be subject to the fulfilment, or the waiver by Target, on or before the Outside Date, of the conditions set forth in Schedule D, each of which is for the exclusive benefit of Target and may be waived by Target alone, at any time, in whole or in part, in its sole discretion.

Appears in 3 contracts

Samples: Arrangement Agreement (Royal Gold Inc), Arrangement Agreement (Royal Gold Inc), Arrangement Agreement (International Royalty Corp)

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Conditions in Favour of Target. The obligations of Target to complete the transactions contemplated by the Arrangement shall be subject to the fulfilmentfulfillment, or the waiver by Target, on or before the Outside Date, of the conditions set forth out in Schedule D, each of which is for the exclusive benefit of Target and may be waived by Target alone, at any time, in whole or in part, in its sole discretiondiscretion without prejudice to any other rights that it may have.

Appears in 2 contracts

Samples: Arrangement Agreement (Global Election Systems Inc), Arrangement Agreement (Global Election Systems Inc)

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