Common use of Conditions of the Company’s Obligations at Closing Clause in Contracts

Conditions of the Company’s Obligations at Closing. The obligation of the Company to purchase the Shares is subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: (i) The representations and warranties contained in Section 2 shall be true and correct in all respects as of the Closing. (ii) The Selling Stockholder shall have performed and complied with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by the Selling Stockholder on or before the Closing. (iii) There shall be no pending suit, action or proceeding by any Authority to which the Company or any of its properties is subject, seeking to challenge, restrain, preclude, enjoin or prohibit the transactions contemplated by this Agreement.

Appears in 18 contracts

Samples: Stock Purchase Agreement (HF Sinclair Corp), Stock Purchase Agreement (HF Sinclair Corp), Stock Purchase Agreement (HF Sinclair Corp)

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Conditions of the Company’s Obligations at Closing. The obligation of the Company to purchase the Shares is subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: (i) The representations and warranties contained in Section 2 shall be true and correct in all respects as of the Closing. (ii) The Selling Stockholder Shareholders shall have performed and complied with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by the Selling Stockholder Shareholders on or before the Closing. (iii) There shall be no pending suit, action or proceeding by any Authority to which the Company or any of its properties is subject, seeking to challenge, restrain, preclude, enjoin or prohibit the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase and Cooperation Agreement (Griffon Corp), Stock Purchase Agreement (Griffon Corp)

Conditions of the Company’s Obligations at Closing. The obligation of the Company to purchase the Shares is subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: (i) The representations and warranties contained in Section 2 shall be true and correct in all respects as of the Closing. (ii) The Selling Stockholder Shareholder shall have performed and complied with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by the Selling Stockholder Shareholder on or before the Closing. (iii) There shall be no pending suit, action or proceeding by any Authority to which the Company or any of its properties is subject, seeking to challenge, restrain, preclude, enjoin or prohibit the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fiserv Inc)

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Conditions of the Company’s Obligations at Closing. The obligation of the Company to purchase the Shares Debentures is subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: (i) The representations and warranties contained in Section 2 3 shall be true and correct in all respects as of the Closing. (ii) The Selling Stockholder Debentureholder shall have performed and complied with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by the Selling Stockholder Debentureholder on or before the Closing. (iii) There shall be no pending suit, action or proceeding by any Authority to which the Company or any of its properties is subject, seeking to challenge, restrain, preclude, enjoin or prohibit the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Convertible Debenture Repurchase Agreement (Dirtt Environmental Solutions LTD)

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