Conditions Precedent to Payment of Purchase Price Sample Clauses

Conditions Precedent to Payment of Purchase Price. As a condition precedent to the obligation of Recco to make payment of the Purchase Price on any Payment Date, the following conditions shall have been satisfied on or prior to such Payment Date:
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Conditions Precedent to Payment of Purchase Price. The purchase price payable to the departing Partners or if insurance, to Xxxxxx X. Xxxx and/or Xxxxx Xxxxxxxx, shall be paid in cash, or in cash and notes, to the party or entity entitled to such payment upon:
Conditions Precedent to Payment of Purchase Price. 6.1 Conditions to the Obligations of Purchaser. The obligations of Purchaser to pay the Purchase Price under Section 2.4 and to indemnify Sellers under Section 7.2, and Crown's guaranty obligations under Section 8.1 are subject to fulfillment (or waiver by Purchaser) at or prior to the Funding Date of each of the following conditions precedent:
Conditions Precedent to Payment of Purchase Price. If a Member’s interest is to be purchased pursuant to this Article, prior to the date when any payment is or shall be required to be made therefor, the party or parties acquiring the Member’s interest shall, at their cost, first promptly, diligently and in good faith apply for and pursue any and all required Licenses and other Regulatory Approvals (including approvals noted in Section 8.1) other than any required Court Approvals. If a Member’s interest is to be purchased pursuant to any provision of this Article, prior to the date when any payment is or shall be required to be made therefor, the party or parties from whom the Member’s interest is to be acquired shall, at their cost, first promptly, diligently and in good faith apply for and pursue any and all necessary Court Approvals of the subject transaction and shall execute, duly endorse and deliver to the acquiring party or parties, contemporaneously with the payment of any portion of the Purchase Price, all such assignments, Unit certificates, transfer documents and other documents and instruments as may be reasonably requested by the acquiring party. Notwithstanding anything in this Article to the contrary, the acquiring party’s payment obligations, including any obligation to date or deliver any promissory note to be given in payment or partial payment of the Purchase Price, shall not arise and shall be suspended (and no interest shall commence to accrue under any such promissory note) until the fifth (5th) Business Day following the date when all required Licenses, Regulatory Approvals and Court Approvals (if any) have been obtained and (ii) all such requested assignments, Unit certificates, transfer documents and other documents and instruments have been delivered.
Conditions Precedent to Payment of Purchase Price 

Related to Conditions Precedent to Payment of Purchase Price

  • Conditions Precedent to Obligation of Purchaser The obligation of Purchaser to consummate the transaction hereunder shall be subject to the fulfillment on or before the Closing Date of all of the following conditions, any or all of which may be waived by Purchaser in its sole discretion:

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

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions Precedent to the Obligations of Purchaser The obligations of Purchaser to consummate the transactions contemplated by this Agreement are subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions, any of which may be waived in writing by Purchaser in its sole discretion:

  • Conditions Precedent to Obligation of Buyer Buyer's obligation to consummate the transactions contemplated by this Agreement is subject to the satisfaction, on or prior to the Closing Date, of each of the following conditions, unless otherwise waived by Buyer in writing:

  • Conditions Precedent to All Purchases Each Purchase (including the initial Purchase) hereunder shall be subject to the further conditions precedent that:

  • Conditions Precedent to Funding The obligations of the Lender to make any Advance, are subject to the conditions precedent that the Lender shall have received the following, in form and substance satisfactory to the Lender:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Conditions to Obligation of Purchaser The obligation of Purchaser to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

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