Conditions Precedent to Obligations of Xxxxxxxx and the Subsidiary Sample Clauses

Conditions Precedent to Obligations of Xxxxxxxx and the Subsidiary. All obligations of Xxxxxxxx and the Subsidiary under this Agreement are subject to the fulfillment, prior to or at the Effective Date, of the following conditions which must be satisfied as herein specified. In connection with any item to be furnished by Xxxx prior to the Effective Date to Xxxxxxxx under this Paragraph 14, each such item shall be furnished within five days from the date hereof, and Xxxxxxxx, as well as the counsel of Xxxxxxxx, must be reasonably satisfied with any such item within 10 days after receipt of any such item. If Xxxxxxxx, or the counsel of Xxxxxxxx, is not reasonably satisfied within 10 days after receipt of any such item to be furnished under this Paragraph 14, then Xxxxxxxx may, at its sole option, declare that this Agreement is null and void, whereupon no party shall have any liability to the other hereunder or in connection with any other instrument executed in connection with the transactions contemplated herein. As used herein, the term “reasonably satisfied” shall mean that if any item furnished under this Paragraph 14 is not at material variance with information previously furnished to Xxxxxxxx or if such item is as specified in this Paragraph 14, then the conditions of this Paragraph 14 shall be deemed to have been satisfied. Such conditions are as follows:
Sample 1
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Related to Conditions Precedent to Obligations of Xxxxxxxx and the Subsidiary

  • Conditions Precedent to Obligations of the Company The obligations of the Company to effect the Merger and otherwise consummate the transactions contemplated by this Agreement are subject to the satisfaction, at or prior to the Closing, of the following conditions:

  • Conditions Precedent to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Sellers in whole or in part to the extent permitted by applicable law):

  • Conditions Precedent to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Seller in whole or in part to the extent permitted by applicable law):

  • Conditions Precedent to the Obligations of the Company The obligation hereunder of the Company to issue and sell the shares of Common Stock to the Investor incident to each Closing is subject to the satisfaction, or waiver by the Company, at or before each such Closing, of each of the conditions set forth below.

  • Conditions Precedent to Obligation of the Company The obligation of the Company to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BUYER The obligations of the Buyer under this Agreement shall be subject to the satisfaction, at or prior to the Closing Date, of all of the following conditions, any one or more of which may be waived by the Buyer:

  • Conditions Precedent to Obligations of Parties The respective obligations of each of the parties hereto hereunder are subject to the satisfaction, at or prior to the Closing Date, of each of the following conditions:

  • Conditions Precedent to the Obligations of the Seller The obligations of the Seller to consummate this Agreement and the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing Date, of the following conditions (any one or more of which may be waived in whole or in part by the Seller):

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Seller in whole or in part to the extent permitted by applicable Law):

  • CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER The obligation of Seller to proceed with any Closing under this Agreement is subject to the fulfillment prior to or at the time of Closing of the following conditions with respect to Purchaser, any one or more of which may be waived in whole or in part by Seller:

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