Common use of Conditions to Each Party’s Obligation to Effect the Closing Clause in Contracts

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;

Appears in 4 contracts

Samples: Asset Purchase Agreement (Mining Services International Corp/), Asset Purchase Agreement (Mining Services International Corp/), Asset Purchase Agreement (Mining Services International Corp/)

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Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity governmental authority which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apollo Investment Fund Iv Lp)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing, provided, however, that the parties shall use their reasonable efforts to have any such order or injunction vacated or lifted;

Appears in 1 contract

Samples: Stock Sale Agreement (Merisel Inc /De/)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date date thereof of each of the following conditions: (a) StatutesSTATUTES; Court OrdersCOURT ORDERS. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;.

Appears in 1 contract

Samples: Sale and Transfer Agreement (Clal Industries & Investments LTD)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party the Purchaser and the Sellers to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation Law shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the ClosingTransactions; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;Transactions; and

Appears in 1 contract

Samples: Stock Purchase Agreement (Zones Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at on or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall ---------------------- have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;; provided, however, that the parties shall use their commercially -------- ------- reasonable efforts to have any such order or injunction vacated or lifted; and

Appears in 1 contract

Samples: Stock Purchase Agreement (McKesson Hboc Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party of the Parties to effect the Closing shall be subject to the satisfaction at or prior to on the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation Law shall have been enacted or promulgated by any Governmental Entity having prior jurisdiction which prohibits the consummation of the Closing; Closing and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity Order in effect precluding consummation of the Closing; provided that the Parties shall use their commercially reasonable efforts to have any such Order vacated or lifted;

Appears in 1 contract

Samples: Purchase Agreement (Day International Group Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) StatutesSTATUTES; Court OrdersCOURT ORDERS. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the ClosingClosing provided, however, that the parties shall use their commercially reasonable efforts to have any such order or injunction vacated or lifted;

Appears in 1 contract

Samples: Stock Purchase Agreement (Engage Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule rule, regulation or regulation decree shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the ClosingClosing or the Transactions; and there shall be no pending or threatened suitorder, action, order writ or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;Closing or the Transactions.

Appears in 1 contract

Samples: Conditional Sale and Purchase Agreement (Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia TBK)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;; provided, however, that the parties shall use their commercially reasonable efforts to have any such order or injunction vacated or lifted.

Appears in 1 contract

Samples: Stock Sale Agreement (Lightbridge Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) StatutesSTATUTES; Court OrdersCOURT ORDERS. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity governmental authority which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sylvan Learning Systems Inc)

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Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; , Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;.

Appears in 1 contract

Samples: Stock Purchase Agreement (American United Global Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation obligations of each party to effect the Closing shall be subject to the satisfaction fulfillment (or waiver by all parties) at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule rule, regulation, executive order, decree, ruling or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits injunction prohibiting the consummation of the Closing; and there Closing shall be no pending have been enacted, entered, promulgated or threatened suit, action, order enforced by any court or injunction of a court of competent jurisdiction other tribunal or Governmental Entity Entity, and shall continue to be in effect precluding consummation of the Closing;effect.

Appears in 1 contract

Samples: Purchase Agreement (Trilogy International Partners Inc.)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party Party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. condition: No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which that prohibits the consummation of the Closing; , and there shall be no pending or threatened suit, action, order action or injunction of a court of competent jurisdiction or other proceeding pending by any Governmental Entity that seeks to restrain or prohibit, or any Order in effect precluding and issued by any Governmental Entity that restrains or prohibits, the consummation of the Closing;transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Harte Hanks Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) StatutesSTATUTES; Court OrdersCOURT ORDERS. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suitorder, action, order judgment or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;Closing in accordance with the terms and conditions thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Granite Broadcasting Corp)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;; and

Appears in 1 contract

Samples: Asset Purchase Agreement (Group 1 Software Inc)

Conditions to Each Party’s Obligation to Effect the Closing. The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditionscondition: (a) Statutes; Court Orders. No statute, rule or regulation shall have been enacted or promulgated by any Governmental Entity which prohibits the consummation of the Closing; and there shall be no pending or threatened suit, action, order or injunction of a court of competent jurisdiction or Governmental Entity in effect precluding consummation of the Closing;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Frequency Electronics Inc)

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