Conditions Precedent to Obligations of Parent and Purchaser. The obligation of the Purchaser Parties to complete the Transactions is also subject to the fulfillment or satisfaction, on or before the Effective Time, of the following conditions precedent (each of which is for the exclusive benefit of the Purchaser Parties and may be waived by Parent and any one or more of which, if not satisfied or waived, will relieve the Purchaser Parties of any obligation under this Agreement):
Appears in 2 contracts
Samples: Arrangement Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Arrangement Agreement (L-1 Identity Solutions, Inc.)
Conditions Precedent to Obligations of Parent and Purchaser. The obligation of the Purchaser Parties to complete the Transactions is also subject to the fulfillment or satisfaction, on or before the Effective Time, of the following conditions precedent (each of which is for the exclusive benefit of the Purchaser Parties and may be waived by Parent and any one or more of which, if not satisfied or waived, will relieve the Purchaser Parties of any obligation and all obligations under this Agreement):
Appears in 2 contracts
Samples: Arrangement Agreement (Acorn Energy, Inc.), Arrangement Agreement (Acorn Energy, Inc.)
