Common use of Conditions to Closing by the Lenders Clause in Contracts

Conditions to Closing by the Lenders. The Lenders obligation to consummate the transactions contemplated hereby at the Closing is subject to the satisfaction and fulfillment, prior to or at the Closing, of each of the following conditions precedent (any or all of which may be waived, in whole or in part, by the Majority Lenders, which waiver shall be at the sole discretion of the Majority Lenders and shall apply with respect to all Lenders):

Appears in 3 contracts

Samples: Credit Line Agreement (Check-Cap LTD), Credit Line Agreement (Check-Cap LTD), Credit Line Agreement (Check-Cap LTD)

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Conditions to Closing by the Lenders. The Lenders Each Lender's obligation at the Closing to consummate the transactions contemplated hereby at the Closing is subject to the satisfaction and fulfillment, prior to or at the Closing, of each of the following conditions precedent (any or all of which may be waived, in whole or in part, by each of the Majority Lenders, which waiver shall be at the sole discretion of the Majority Lenders and shall apply with respect to all Lenderssuch Lender):

Appears in 1 contract

Samples: Purchase and Amendment (Bluephoenix Solutions LTD)

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