Conditions to Delivery of Shares. The Grantor's obligation to deliver -------------------------------- Shares upon exercise of the Option is subject only to the conditions that: (a) No preliminary or permanent injunction or other order issued by any federal or state court of competent jurisdiction in the United States prohibiting the delivery of the Shares shall be in effect; and (b) Any applicable waiting periods under the HSR Act shall have expired or been terminated.
Appears in 4 contracts
Samples: Merger Agreement (Cmgi Inc), Stock Option Agreement (Flycast Communications Corp), Stock Option Agreement (Cmgi Inc)
Conditions to Delivery of Shares. The Grantor's obligation to deliver -------------------------------- Shares upon exercise of the Option is subject only to the conditions that:
(a) No preliminary or permanent injunction or other order issued by any federal or state court of competent jurisdiction in the United States prohibiting the delivery of the Shares shall be in effect; and
(b) Any applicable waiting periods under the HSR Act shall have expired or been terminated.
Appears in 2 contracts
Samples: Merger Agreement (Yesmail Com Inc), Stock Option Agreement (Adforce Inc)
Conditions to Delivery of Shares. The Grantor's =s obligation to deliver -------------------------------- Shares upon exercise of the Option is subject only to the conditions that:
(a) No preliminary or permanent injunction or other order issued by any federal or state court of competent jurisdiction in the United States prohibiting the delivery of the Shares shall be in effect; and
(b) Any applicable waiting periods under the HSR Act shall have expired or been terminated.
Appears in 1 contract
Samples: Stock Option Agreement (Prodigy Communications Corp)
Conditions to Delivery of Shares. The Grantor's obligation to deliver -------------------------------- Shares upon exercise of the Option is subject only to the conditions that:
(a) No preliminary order, decree or permanent injunction ruling or any other order issued by any federal action of a United States federal, state, local or state foreign court of competent jurisdiction in the or United States federal or state, local or foreign governmental, regulatory or administrative agency or commission permanently restraining, enjoining or otherwise prohibiting the delivery of the Shares shall be in effect; and
(b) Any applicable waiting periods under the HSR Act with respect to the transactions contemplated by this Agreement shall have expired or been terminated.
Appears in 1 contract
