CONDITIONS PRECEDENT TO THE EXCHANGE Sample Clauses

CONDITIONS PRECEDENT TO THE EXCHANGE. The Exchange shall be subject to the satisfaction of the following conditions:
AutoNDA by SimpleDocs
CONDITIONS PRECEDENT TO THE EXCHANGE. Section 5.1. Conditions to the Obligations of Viabuilt. Viabuilt’s obligations to effect the exchange shall be subject to the satisfaction (or waiver by Firetainment) of the following conditions prior to or on the Closing Date:
CONDITIONS PRECEDENT TO THE EXCHANGE. The Exchange will not occur unless the Separation has been consummated on or prior to the Outside Date and each of the following Exchange Conditions has been satisfied: On the Notification mailing date: • Enexus shall consist of substantially the same assets, liabilities and capitalization as described in this offering memorandum, except for additions, dispositions and changes that occur in the ordinary course of business; • Enexus’ business shall consist of the line of business conducted by Enexus as described in this offering memorandum; • Enexus’ total Long-Term Indebtedness upon consummation of the Separation shall not exceed $[ ]; • the terms of the Enexus notes as described in this offering memorandum shall have been approved by any applicable state or federal regulatory or governmental agency or body and no such approval shall require any additional terms for the Enexus notes; and • the trustee shall have received an officer’s certificate, dated the Notification mailing date, from Entergy relating to its intention to effect the Exchange and stating that each of the Exchange Conditions has been satisfied.
CONDITIONS PRECEDENT TO THE EXCHANGE. The obligations of the parties under this Agreement are subject to the satisfaction of the following express conditions precedent at or before the Closing:
CONDITIONS PRECEDENT TO THE EXCHANGE. (i) Titan shall amend its Articles of Incorporation to increase its authorized capital from 1,500 shares of no par value capital stock to 10,000,000 shares of $0.001 par value capital stock and to effect a forward split of its 1,500 outstanding shares in an amount to be determined by its Board of Directors and in its sole discretion;
CONDITIONS PRECEDENT TO THE EXCHANGE. Notwithstanding that the Escrow Documents have been placed in escrow, the obligations of the Corporation, Xxxxxxx and Mi-Tech to complete the Share Exchange Agreement shall continue to be subject to the condition precedents (the "Conditions Precedent") set forth in Sections 14, 15 and 16 of the Share Exchange Agreement, but, for greater clarity, there shall be no other conditions precedent to the closing of the Share Exchange Agreement.
CONDITIONS PRECEDENT TO THE EXCHANGE 
AutoNDA by SimpleDocs

Related to CONDITIONS PRECEDENT TO THE EXCHANGE

  • CONDITIONS PRECEDENT TO THE MERGER The obligations of the Parties to effect the Merger are subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to the Effective Date The occurrence of the Effective Date pursuant to Section 13.10 is subject to the satisfaction of the following conditions:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Conditions Precedent to the Consummation of the Purchase ---------------------------- The following are conditions precedent to the consummation of the Agreement on or before the Closing Date:

  • CONDITIONS PRECEDENT TO MERGER 5.01 Conditions Precedent to Obligations of Parent, Sub and the Company. The respective obligations of Parent and Sub, on the one hand, and the Company, on the other hand, to effect the Merger are subject to the satisfaction or waiver (subject to applicable law) at or prior to the Effective Time of each of the following conditions:

  • Conditions Precedent to the Closing 12 7.1. Consents; Stockholder Approval .................................. 12 7.2. No Suits or Actions ............................................. 12 ARTICLE VIII - MISCELLANEOUS................................................. 12

  • 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 Loan The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of the following conditions precedent no later than the Closing Date:

  • Conditions Precedent to the Loans The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received on or before the Execution Date (other than with respect to paragraphs (11), (14) and (18) below, which shall be required by the Closing Date) each of the following documents, and each of the following requirements shall have been fulfilled:

Time is Money Join Law Insider Premium to draft better contracts faster.