Conditions in Favour of the Corporation Sample Clauses

Conditions in Favour of the Corporation. The obligation of the Corporation to complete the sale of the Subscription Receipts is subject to the satisfaction (or waiver by the Corporation) of the following conditions at or before the Closing Time: 2.4.1 the Subscriber will have delivered the items set out in Section 2.3; 2.4.2 the representations and warranties made by the Subscriber in this Agreement will have been true and correct when made and will be true and correct at the Closing Time with the same force and effect as if they had been made as of the Closing Time; 2.4.3 all covenants contained in this Agreement to be performed by the Subscriber at or before the Closing Time will have been performed in all material respects; 2.4.4 any necessary regulatory approvals will have been obtained; and 2.4.5 the sale of the Subscription Receipts to the Subscriber will be exempt from prospectus requirements under applicable securities laws.
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Conditions in Favour of the Corporation. The obligation of the Corporation to consummate the transactions described in this Agreement is subject to the satisfaction (or waiver by the Corporation), at or before the Closing Date, of the following conditions:
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Conditions in Favour of the Corporation. The obligations of the Corporation to complete the Transaction shall be subject to the fulfilment, or the waiver by the Corporation, of the conditions set out in Schedule E, each of which is for the exclusive benefit of the Corporation and may be waived by the Corporation at any time, in whole or in part, in its sole discretion without prejudice to any other rights that it may have.
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Conditions in Favour of the Corporation. The effectiveness of the Amendments shall be subject to the following conditions being satisfied by the Amendment Effective Date, which conditions are for the sole benefit of the Corporation and which may be waived, in whole or in part, by the Corporation only its sole discretion:
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Conditions in Favour of the Corporation. The Subscriber acknowledges that the offer, sale and issuance of the Subscription Shares as contemplated by this Agreement are subject to the following conditions being fulfilled or performed on or before the Time of Closing, which conditions are for the exclusive benefit of the Corporation and may be waived, in whole or in part, by the Corporation in its sole discretion:
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Conditions in Favour of the Corporation. (1) The Corporation’s obligation to issue the Purchased Shares at the Closing shall be subject to the following conditions, which conditions are for the sole benefit of the Corporation and which may be waived, in whole or in part, by the Corporation in its sole discretion:
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Conditions in Favour of the Corporation. The obligation of the Corporation to complete the closing of the transactions set out in this Agreement is subject to the following conditions being satisfied in full: (a) The Rights Agent shall have confirmed the amount of subscription proceeds that it is holding from Persons who have exercised Rights pursuant to the Basic Subscription Privilege and, if applicable, the Additional Subscription Privilege; (b) There will be no inquiry, investigation or other proceeding commenced by a Governmental Entity in relation to the Corporation or any of its subsidiaries seeking to suspend or cease trading in the Rights or other securities or operating to prevent or restrict the lawful distribution of such securities or that materially adversely affects or might reasonably be expected to materially adversely affect the market price or value of the Rights or Shares and no Order issued by a Governmental Entity and no change of law, either of which suspends or ceases trading in any of the Rights or Shares or operates to prevent or restrict the lawful distribution of any of the Rights or Shares (which prevention, restriction, suspension or cease trading, as the case may be, is continuing); and (c) The Corporation will have received a certificate or certificates dated the Rights Offering Closing Date and signed on behalf of the Standby Purchaser by an officer of the Standby Purchaser acceptable to the Corporation, acting reasonably, in form and content satisfactory to the Corporation, acting reasonably, addressed to the Corporation certifying for and on behalf of the Standby Purchaser and without personal liability that: (i) the Standby Purchaser has duly performed or complied, in all material respects, with all terms, conditions and covenants of this Agreement on its part to be complied with or to be satisfied by it up until the Rights Offering Closing Time; and (ii) the representations and warranties of the Standby Purchaser contained in this Agreement are true and correct in all material respects as of the Rights Offering Closing Time with the same force and effect as if made at and as of the Rights Offering Closing Time.
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Related to Conditions in Favour of the Corporation

  • CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO ISSUE AND SELL COMMON STOCK The obligation hereunder of the Company to issue and sell the Put Shares to Investor is subject to the satisfaction of each of the conditions set forth below. (a) ACCURACY OF INVESTOR'S REPRESENTATIONS AND WARRANTIES. The representations and warranties of Investor shall be true and correct in all material respects as of the date of this Agreement and as of the date of each such Closing as though made at each such time. (b) PERFORMANCE BY INVESTOR. Investor shall have performed, satisfied and complied in all respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by Investor at or prior to such Closing.

  • Conditions Precedent to the Obligation of the Company to Sell the Shares The obligation hereunder of the Company to issue and sell the Shares is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the satisfaction or waiver by the Company at or prior to the Effective Time of the following conditions:

  • Conditions Precedent to Obligation of the Company The obligation of the Company to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Conditions and Limitations The admission of any Person as a Substituted Member or an Additional Member shall be conditioned upon (i) such Person’s written acceptance and adoption of all the terms and provisions of this Agreement, either by (A) execution and delivery of a counterpart signature page to this Agreement countersigned by the Managing Member on behalf of the Company or (B) any other writing evidencing the intent of such Person to become a Substituted Member or an Additional Member and such writing is accepted by the Managing Member on behalf of the Company.

  • Modifications and Waivers; Obligation of the Company Absolute The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of at least a majority in principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed.

  • Conditions to Obligation of the Depositor The obligation of the Depositor to purchase the Receivables is subject to the satisfaction of the following conditions:

  • Advancement of Funds In the case of each Mortgage Loan, neither the Mortgage Loan Seller nor, to the Mortgage Loan Seller's knowledge, any prior holder of such Mortgage Loan has advanced funds or induced, solicited or knowingly received any advance of funds from a party other than the owner of the related Mortgaged Property (other than amounts paid by the tenant as specifically provided under a related lease), for the payment of any amount required by such Mortgage Loan, except for interest accruing from the date of origination of such Mortgage Loan or the date of disbursement of the Mortgage Loan proceeds, whichever is later, to the date which preceded by 30 days the first due date under the related Mortgage Note.

  • Conditions Precedent to Obligations of the Company The obligations of the Company to effect the Merger and otherwise consummate the transactions contemplated by this Agreement are subject to the satisfaction, at or prior to the Closing, of the following conditions:

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