Conditions Precedent to Initial Closing. On or prior to the Closing Date, each of the following conditions precedent shall have been satisfied:
Conditions Precedent to Initial Closing. Except as may be waived in writing by Seller, the obligations of Seller to consummate the Initial Closing hereunder are subject to the fulfillment at or before the Initial Closing of each of the following conditions:
Conditions Precedent to Initial Closing. The obligations of each party to consummate the transactions contemplated in this Agreement and to proceed with the Initial Closing are subject to the fulfillment at or prior to the Initial Closing, of each of the following conditions (the failure of any of which shall excuse and discharge all obligations of such party hereunder, unless such failure is agreed to in writing by such party):
Conditions Precedent to Initial Closing. In addition to the conditions set forth in Section 5.3, each of the following conditions shall be satisfied on or prior to the Initial Closing:
Conditions Precedent to Initial Closing. The obligation of Xxxxxx Mae to enter into this Agreement is subject to each of the following conditions precedent:
Conditions Precedent to Initial Closing. 15.1 The Initial Closing of the JV Transaction shall be subject to the following conditions precedent (“Initial Closing Conditions”):
Conditions Precedent to Initial Closing. 45 Section 4.2
Conditions Precedent to Initial Closing. 7.2 Conditions Precedent to each Additional Debenture Advance Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.3 Additional Debenture Advance Elections and Adjustment . . . . . . .
Conditions Precedent to Initial Closing. 9 Section 5.1 Conditions Precedent to Obligations of the Purchaser...... 9 Section 5.2 Conditions Precedent to Obligations of Sellers............ 11 ARTICLE VI COVENANTS....................................................... 11 Section 6.1 Cooperation............................................... 11 Section 6.2 Corporate and Other Actions............................... 12 Section 6.3 No Solicitations.......................................... 12 Section 6.4 Consents.................................................. 12 -i- 3 Section 6.5 Stock Conversion........................................ 12 ARTICLE VII MISCELLANEOUS.................................................. 13 Section 7.1 Survival of Provisions.................................. 13 Section 7.2 Indemnification/Specific Performance.................... 13 Section 7.3 Termination............................................. 14 Section 7.4 No Waiver; Modifications in Writing..................... 15 Section 7.5 Communications.......................................... 15 Section 7.6 Expenses................................................ 16 Section 7.7 Execution in Counterparts............................... 16 Section 7.8 Binding Effect; Assignment.............................. 16 Section 7.9 Entire Agreement........................................ 16 Section 7.10 Brokers and Agents...................................... 17 Section 7.11 Public Announcements.................................... 17 Section 7.12 Governing Law........................................... 17 Section 7.13 Further Assurances...................................... 17 Section 7.14 Severability of Provisions.............................. 17 Section 7.15 Headings................................................ 17 Section 7.16 Time.................................................... 17 -ii- 4 Exhibits -------- Exhibit A -- Wire Transfer Instructions Exhibit B -- Form of Release Exhibit C -- Legal Opinion of Sellers' Counsel Schedules --------- Schedule 2.1(a) -- Sellers' Ownership of Teletouch Securities and Purchase Price Payable to Sellers Schedule 2.1(b) -- Allocation of Option Payments to Sellers Schedule 2.2 -- Portion of Purchase Price Payable at Closing -iii- 5 OPTION AND SECURITIES PURCHASE AGREEMENT This OPTION AND SECURITIES PURCHASE AGREEMENT dated as of August 24, 2001 (the "Agreement"), is by and among TLL Partners, L.L.C., a Delaware limited liability company (the "Purchaser"), CIVC Partners I, a Delaware limited partne...
Conditions Precedent to Initial Closing. Each Purchaser’s obligation to purchase Notes on the Effective Date shall be subject to Purchasers’ receipt of each of the following documents, in form and substance satisfactory to Purchasers, or satisfaction of the following conditions, as applicable:
