Common use of CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER Clause in Contracts

CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER. The obligations of the Company and each Guarantor to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof: (a) The Investor shall have executed this Agreement and the Amended Security Documents to which it is a party and delivered the same to the Company. (b) The Investor shall have delivered to the Company the Investor’s Existing Notes for cancellation. (c) The representations and warranties of the Investor shall be true and correct in all material respects as of the date when made and as of the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date) and the Investor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Investor at or prior to the Closing Date.

Appears in 1 contract

Samples: Amendment and Exchange Agreement (WorldSpace, Inc)

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CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER. The obligations of the Company and each Guarantor to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s 's sole benefit and may be waived by the Company at any time in its sole discretion by providing the each Investor with prior written notice thereof: (a) The Investor shall have duly executed this Agreement and the Amended Security Documents to which it is a party and delivered the same to the Company. (b) The Existing Warrants shall be deemed to have been surrendered by the Investor shall have delivered to the Company the Investor’s Existing Notes for cancellation. (c) The representations and warranties of the Investor shall be true and correct in all material respects as of the date when made and as of the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date which shall be true and correct as of such specified date) ), and the Investor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Investor at or prior to the Closing Date.

Appears in 1 contract

Samples: Securities Purchase Agreement (IsoRay, Inc.)

CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER. The obligations of the Company and each Guarantor to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the SRZ-10741339.9 6 Company’s 's sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof: (a) The Investor shall have executed this Agreement and the Amended Security Documents to which it is a party and delivered the same to the Company. (b) The Investor shall have delivered to the Company the Investor’s 's Existing Notes Note and Existing Warrants for cancellation. (c) The representations and warranties of the Investor shall be true and correct in all material respects as of the date when made and as of the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date which shall be true and correct as of such specified date) ), and the Investor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Investor at or prior to the Closing Date.

Appears in 1 contract

Samples: Amendment and Exchange Agreement (China VoIP & Digital Telecom Inc.)

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CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER. The obligations of the Company and each Guarantor to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof: (a) The Investor shall have executed this Agreement, the 2007 Registration Rights Agreement and the Amended Security Documents to which it is a party and delivered the same to the Company. (b) The Investor shall have delivered to the Company the Investor’s Existing Notes for cancellation. (c) The representations and warranties of the Investor shall be true and correct in all material respects as of the date when made and as of the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date) and the Investor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Investor at or prior to the Closing Date. (d) The Investor shall have delivered to the Company completed Forms W8BEN, W8IMY, and W-9.

Appears in 1 contract

Samples: Amendment, Redemption and Exchange Agreement (WorldSpace, Inc)

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