Common use of Conditions Precedent to Obligations of Each Party Clause in Contracts

Conditions Precedent to Obligations of Each Party. The respective obligations of each party to consummate the transactions contemplated by this Agreement are subject to the satisfaction, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by the parties in whole or in part to the extent permitted by applicable Law): (a) the Company shall have delivered to Parent the Stockholder Consent; and (b) there shall not be in effect any Order by a Governmental Body of competent jurisdiction restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated hereby.

Conditions Precedent to Obligations of Each Party. The respective obligations obligation of each party to consummate effect the transactions contemplated by this Agreement are is subject to the satisfaction, on satisfaction or prior to the Closing Date, of each waiver of the following conditions (any or all of which may be waived by the parties in whole or in part to the extent permitted by applicable Law):conditions: (a) All necessary Consents of any Governmental Authority required for consummation of the Company transactions contemplated by this Agreement, which are set forth in Section 5.3(a) of the Disclosure Schedule, shall have delivered to Parent the Stockholder Consent; andbeen obtained. (b) there There shall not be in effect any Order by a Law of any Governmental Body Authority of competent jurisdiction restraining, enjoining or otherwise prohibiting preventing the consummation of the transactions contemplated herebyby this Agreement.