Common use of Conditions to Each Party’s Obligation to Close Clause in Contracts

Conditions to Each Party’s Obligation to Close. The obligations of the Buyer to consummate the Transactions contemplated by the Transaction Documents shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.2 (collectively, the “Buyer Conditions Precedent”), and the obligations of the Seller Parties to consummate the Transactions shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.3 (collectively, the “Seller Conditions Precedent”). The General Partner of the Buyer, on behalf of the Buyer, and CEI, on behalf of the Seller Parties, shall have the right to waive in writing any or all of such Parties’ conditions precedent to Closing; provided, however, that no waiver by the Buyer or the Seller Parties of any particular condition precedent to Closing shall constitute a waiver by such Parties of any other condition precedent to Closing. Subject to the foregoing, the following are conditions precedent to all Parties’ obligations to effect the Closing:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cheniere Energy Partners, L.P.)

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Conditions to Each Party’s Obligation to Close. The obligations of the Buyer EPD to consummate the Transactions transactions contemplated by the Transaction Documents this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.2 (collectively, the “Buyer EPD Conditions Precedent”), and the obligations of the Seller Parties EPCO to consummate the Transactions transactions contemplated by this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.3 (collectively, the “Seller EPCO Conditions Precedent”). The General Partner of the BuyerEPD, on behalf of the BuyerEPD, and CEI, on behalf of the Seller Parties, EPCO shall have the right to waive in writing any or all of such Parties’ conditions precedent to Closing; provided, however, that no waiver by the Buyer EPD or the Seller Parties EPCO of any particular condition precedent to Closing shall constitute a waiver by such Parties of any other condition precedent to Closing. Subject to the foregoing, the following are conditions precedent to all Parties’ obligations to effect the Closing:

Appears in 1 contract

Samples: Contribution Agreement (Enterprise Products Partners L P)

Conditions to Each Party’s Obligation to Close. The obligations of the Buyer to consummate the Transactions contemplated by the Transaction Documents shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.2 (collectively, the “Buyer Conditions Precedent”), and the obligations of the Seller Parties to consummate the Transactions shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.3 (collectively, the “Seller Conditions Precedent”). The General Partner of the Buyer, on behalf of the Buyer, and CEI, on behalf of the Seller Parties, shall have the right to waive in writing any or all of such Parties' conditions precedent to Closing; provided, however, that no waiver by the Buyer or the Seller Parties of any particular condition precedent to Closing shall constitute a waiver by such Parties of any other condition precedent to Closing. Subject to the foregoing, the following are conditions precedent to all Parties' obligations to effect the Closing:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cheniere Energy Partners, L.P.)

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Conditions to Each Party’s Obligation to Close. The obligations of the Buyer Parties to consummate the Transactions transactions contemplated by the Transaction Documents this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.2 (collectively, the “Buyer Conditions Precedent”), and the obligations of the Seller Parties to consummate the Transactions transactions contemplated by this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the conditions listed in this Section 6.1 and each of the conditions listed in Section 6.3 (collectively, the “Seller Conditions Precedent”). The General Partner of the BuyerPartnership, on behalf of the BuyerBuyer Parties, and CEIEPD, on behalf of the Seller Parties, shall have the right to waive in writing any or all of such Parties’ conditions precedent to Closing; provided, however, that no waiver by the Buyer Parties or the Seller Parties of any particular condition precedent to Closing shall constitute a waiver by such Parties of any other condition precedent to Closing. Subject to the foregoing, the following are conditions precedent to all Parties’ obligations to effect the Closing:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Duncan Energy Partners L.P.)

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