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

Conditions to Each Party’s Obligation to Effect the Exchange. The respective obligations of the Parties hereunder to effect the Exchange shall be subject to the condition that no order, injunction or decree issued by any court or agency of competent jurisdiction or other law preventing or making illegal the consummation of the Exchange shall be in effect.

Appears in 4 contracts

Samples: Exchange Agreement (Woodgate Energy Corp), Exchange Agreement (Woodgate Energy Corp), Exchange Agreement (Woodgate Energy Corp)

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Conditions to Each Party’s Obligation to Effect the Exchange. The respective obligations of the Parties parties hereunder to effect the Exchange shall be subject to the condition that no following conditions: (a) No Injunctions or Restraints; Illegality. No order, injunction or decree issued by any court or agency of competent jurisdiction or other law preventing or making illegal the consummation of the Exchange shall be in effect.

Appears in 1 contract

Samples: Separation and Exchange Agreement (Brazil Interactive Media, Inc.)

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