Conditions to Close. By Buyer or Seller if any condition precedent to its obligation to close has not occurred as of the Closing Date, unless the party seeking to terminate has failed to observe any covenant, agreement or condition precedent to be observed or performed by such party on or before the Closing Date.
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Samples: Purchase Agreement, Asset Purchase Agreement (Smithfield Foods Inc), Stock Purchase Agreement (Central Tractor Farm & Country Inc)
Conditions to Close. By Buyer ConAgra or Seller Seaboard if any condition precedent to its obligation to close has not occurred as of the Closing Dateoccurred, unless the party seeking to terminate has failed to observe any covenant, agreement or condition precedent to be observed or performed by such party on or before the Closing Date.
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