Conditions Precedent to Additional Closings Sample Clauses

Conditions Precedent to Additional Closings. The obligation of a Subsequent Purchaser to make its Loan on the applicable Subsequent Closing Date is subject to the satisfaction prior to, or concurrently with, the making of such Loan of the conditions precedent set forth in this Section 4.2, all in form and substance satisfactory to the Subsequent Purchaser:
AutoNDA by SimpleDocs
Conditions Precedent to Additional Closings. The respective several obligations of the Purchasers to purchase and pay for the Additional Preferred Shares to be purchased at the Additional Closing are subject to (i) the written consent of a majority in interest of the Purchasers, (ii) the continuing performance in all material respects of all agreements by the Company contained in this Agreement and the Stockholders' Agreement, and (iii) the delivery to each Purchaser of a certificate, dated the date of such Additional Closing, signed by the President of the Company, to the effect that (A) other than as disclosed in a schedule, which shall be reasonably satisfactory to a majority in interest of the Purchasers, attached to such certificate or as contemplated by this Agreement, the representations and warranties of the Company contained in Article III hereof were true and correct when made and are true and correct in all material respects on and as of the date of such Additional Closing (it being understood that, in the latter case, any reference to the Closing contained in said Article III shall be deemed to be a reference to such Additional Closing), (B) the Company has performed and complied in all material respects with all covenants, agreements and conditions contained in this Agreement, the Stockholders' Agreement and the Registration Rights Agreement required to be performed or complied with by it on or prior to the date of the Additional Closing, and (C) since the date of the Initial Closing, there has not occurred (or is likely to occur) any material adverse event with respect to the Company or its operations.
Conditions Precedent to Additional Closings. The respective ---------- --------- -- ---------- -------- several obligations of the Purchasers to purchase and pay for the Additional Preferred Shares to be purchased at the Additional Closing are subject to (i) the written consent of a majority in interest of the Purchasers, (ii) the continuing performance in all material respects of all agreements by the Company contained in this Agreement and the Stockholders' Agreement, and (iii) the delivery to each Purchaser of a certificate, dated the date of such Additional Closing, signed by the President of the Company, to the effect that (A) other than as disclosed in a schedule, which shall be reasonably satisfactory to a majority in interest of the Purchasers, attached to such certificate or as contemplated by this Agreement, the representations and warranties of the Company contained in Article III hereof were true and correct when made and are true and correct in all material respects on and as of the date of such Additional Closing (it being understood that, in the latter case, any reference to the Closing contained in said Article III shall be deemed to be a reference to such Additional Closing), (B) the Company has performed and complied in all material respects with all covenants, agreements and conditions contained in this Agreement, the Stockholders' Agreement and the Registration Rights Agreement required to be performed or complied with by it on or prior to the date of the Additional Closing, and (C) since the date of the Initial Closing, there has not occurred (or is likely to occur) any material adverse event with respect to the Company or its operations.
Conditions Precedent to Additional Closings. The obligation of each Purchaser to purchase and pay for the Series G Shares in any Additional Closing as described in Section 1.02, is, at its option, subject to the satisfaction, on or before such Additional Closing Date of the following conditions:

Related to Conditions Precedent to Additional Closings

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to All Purchases Each Purchase (including the initial Purchase) hereunder shall be subject to the further conditions precedent that:

  • Conditions Precedent to All Loans Each Lender’s obligations to make each Loan is subject to the following conditions precedent:

  • Conditions Precedent to All Credit Events The obligation of each Lender to make Loans (including Loans made on the Initial Borrowing Date), and the obligation of each Issuing Lender to issue Letters of Credit (including Letters of Credit issued on the Initial Borrowing Date), is subject, at the time of each such Credit Event (except as hereinafter indicated), to the satisfaction of the following conditions:

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATIONS The obligations of Purchaser hereunder to consummate the transaction contemplated hereunder shall in all respects be conditioned upon the satisfaction of each of the following conditions prior to or simultaneously with the Closing, any of which may be waived by Purchaser in its sole discretion by written notice to Seller at or prior to the Closing Date:

  • Conditions Precedent to Initial Loan The obligation of Lender to make the initial Loan is subject to the condition precedent that Lender shall have received, in form and substance satisfactory to Lender, all of the following:

Time is Money Join Law Insider Premium to draft better contracts faster.