Common use of Conditions Precedent to Closing by Buyer Clause in Contracts

Conditions Precedent to Closing by Buyer. The obligation of Buyer to consummate the Transaction is subject to the satisfaction or written waiver of the conditions set forth below by a date mutually agreed upon by the parties hereto in writing and in accordance with Section 7. The Closing of the Transaction contemplated by this Agreement will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit of Buyer and may be waived by Buyer in its sole discretion.

Appears in 6 contracts

Samples: Share Transfer Agreement (Future FinTech Group Inc.), Share Transfer Agreement (General Steel Holdings Inc), Share Transfer Agreement (Nova Lifestyle, Inc.)

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Conditions Precedent to Closing by Buyer. The obligation of Buyer to consummate the Transaction transaction described herein is subject to the satisfaction or written waiver of the conditions set forth below by a date mutually agreed upon by the parties hereto in writing and in accordance with Section 7. The Closing of the Transaction contemplated by this Agreement will be deemed to mean a waiver of all conditions to ClosingAgreement. These conditions precedent are for the benefit of Buyer and may be waived by Buyer in its sole discretion.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wai Hok Fung)

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