Common use of Conditions Precedent to Obligation of the Seller Clause in Contracts

Conditions Precedent to Obligation of the Seller. The obligation of the Seller to effect the transactions contemplated by this Agreement shall be subject, at its option, to the fulfillment prior to the Closing Date of the following conditions, each of which can be waived by the Seller:

Appears in 1 contract

Samples: Asset Purchase Agreement (Cross Continent Auto Retailers Inc M&l)

AutoNDA by SimpleDocs

Conditions Precedent to Obligation of the Seller. The obligation obligations of the Seller with respect to effect actions to be taken on the transactions contemplated by this Agreement shall be subject, at its option, Closing Date are subject to the fulfillment satisfaction or waiver in writing on or prior to the Closing Date of all of the following conditions, each of which can be waived by . The Seller shall have the Seller:right to waive any condition not so satisfied.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hercules Offshore, Inc.)

Conditions Precedent to Obligation of the Seller. The obligation of the Seller to effect the transactions contemplated by this Agreement shall be subject, at its option, subject to the fulfillment satisfaction or waiver at or prior to the Closing Date of the following additional conditions, each of which can : (a) the Purchaser shall have performed in all material respects its obligations under this Agreement required to be waived performed by the Seller:Purchaser at or prior to the Closing Date; and (b) the representations and warranties of the Purchaser contained in this Agreement shall be true and correct in all material respects as of the Closing Date as if made at and as of such date except as otherwise contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (System Software Associates Inc)

AutoNDA by SimpleDocs

Conditions Precedent to Obligation of the Seller. The obligation of the Seller to effect the transactions contemplated by this Agreement shall be subject, at its option, subject to the fulfillment satisfaction or waiver at or prior to the Closing Date of the following conditions, each of which can condition that the Buyer shall have performed in all material respects their obligations under this Agreement required to be waived performed by the Seller:Buyer at or prior to the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quovadx Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!