Common use of Conditions of Each Purchaser's Obligation Clause in Contracts

Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares and the Warrants which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment, or waiver by each Purchaser, prior to or on the Closing Date of the following conditions.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Famco Ii Liability Co & Family Financial Strategies Inc), Stock Purchase Agreement (Telident Inc /Mn/)

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Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares and the Warrants which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment, or waiver by each Purchaser, fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Preferred Shares or Warrants.

Appears in 1 contract

Samples: Stock Purchase Agreement (Life Time Fitness Inc)

Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares and the Warrants which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment, or waiver by each Purchaser, fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Preferred Shares.

Appears in 1 contract

Samples: Series D Stock Purchase Agreement (Life Time Fitness Inc)

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Conditions of Each Purchaser's Obligation. The obligation to purchase and pay for the Preferred Shares and the Warrants Stock which each Purchaser has agreed to purchase on the Closing Date is subject to the fulfillment, or waiver by each Purchaser, fulfillment prior to or on the Closing Date of the following conditions. In the event that any such condition is not satisfied to the satisfaction of each Purchaser, then no Purchaser shall be obligated to proceed with the purchase of such Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mair Holdings Inc)

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