Common use of Conditions Precedent to Closing by the Vendor Clause in Contracts

Conditions Precedent to Closing by the Vendor. The obligation the Vendor 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 10.6. The Closing of the Transaction will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit of the Vendor and may be waived by the Vendor in its sole discretion.

Appears in 5 contracts

Samples: Asset Acquisition Agreement (Medical Care Technologies Inc.), Interferon Asset Acquisition Agreement (A5 Laboratories Inc.), Cro Asset Acquisition Agreement (A5 Laboratories Inc.)

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Conditions Precedent to Closing by the Vendor. The obligation the Vendor 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 Parties hereto in writing and in accordance with Section 10.613.2. The Closing of the Transaction will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit of the Vendor and may be waived by the Vendor in its sole discretion.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Mobetize, Corp.), Purchase and Sale Agreement (Mobetize, Corp.)

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Conditions Precedent to Closing by the Vendor. The obligation the Vendor 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 10.60. The Closing of the Transaction will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit of the Vendor and may be waived by the Vendor in its sole discretion.

Appears in 1 contract

Samples: Acquisition Agreement (Web Wizard, Inc.)

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