Common use of Conditions Precedent to the Distribution Clause in Contracts

Conditions Precedent to the Distribution. Neither the Distribution nor the related transactions set forth in this Agreement or in any of the Ancillary Agreements will become effective unless the following conditions have been satisfied, at or before the Distribution Time:

Appears in 10 contracts

Samples: Separation and Distribution Agreement (MachTen, Inc.), Separation and Distribution Agreement (MachTen, Inc.), Separation and Distribution Agreement (M-Tron Industries, Inc.)

AutoNDA by SimpleDocs

Conditions Precedent to the Distribution. Neither the Distribution nor the related transactions set forth in this Agreement or in any of the Ancillary Agreements will become effective unless the following conditions have been satisfiedsatisfied or waived by Parent, in its sole and absolute discretion, at or before the Distribution Time:

Appears in 2 contracts

Samples: Separation Agreement (Michigan Commerce Bancorp LTD), Separation Agreement (Michigan Commerce Bancorp LTD)

AutoNDA by SimpleDocs

Conditions Precedent to the Distribution. Neither the Distribution nor the related transactions set forth in this Agreement or in any of the Ancillary Agreements will become effective unless the following conditions have been satisfiedsatisfied or waived by NTELOS, in its sole and absolute discretion, at or before the Distribution Time:

Appears in 1 contract

Samples: Separation and Distribution Agreement (NTELOS Wireline One Inc.)

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