Common use of Conditions of Seller’s Obligation Clause in Contracts

Conditions of Seller’s Obligation. Seller's obligation to sell the Common Shares to Buyer on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the conditions set forth below. In the event that any such condition is not satisfied, Seller shall not be obligated to proceed with the sale of such Common Shares.

Appears in 3 contracts

Samples: 59 Stock Purchase Agreement (Positron Corp), Exhibit 1 Stock Purchase Agreement (Positron Corp), Stock Purchase Agreement (Imatron Inc)

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Conditions of Seller’s Obligation. Seller's obligation to sell the Common Shares Stock to Buyer Purchaser on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the conditions set forth below. In the event that any such condition is not satisfied, Seller shall not be obligated to proceed with the sale of such Common Shares.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Imatron Inc), Stock Purchase Agreement (Positron Corp)

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Conditions of Seller’s Obligation. Seller's obligation to sell the Common Shares Securities to Buyer Purchaser on the Closing Date is subject to the fulfillment prior to or on the Closing Date of the conditions set forth below. In the event that any such condition is not satisfied, Seller shall not be obligated to proceed with the sale of such Common SharesSecurities.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imatron Inc)

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