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

Conditions to Each Party’s Obligation to Effect the Purchase. The respective obligations of each party to effect the Purchase are subject to the satisfaction of the requirement that the parties shall have arranged for the filing of all authorizations, consents, orders or approvals of, or declarations or filings with, or terminations or expirations of waiting periods imposed by, any governmental authority necessary for the consummation of the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (National Automation Services Inc), Stock Purchase Agreement (National Automation Services Inc), Stock Purchase Agreement (Bluefire Ethanol Fuels Inc)

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Conditions to Each Party’s Obligation to Effect the Purchase. The respective obligations of each party Pure Health and Buyer to effect the Purchase are subject to shall be conditional upon the satisfaction of the requirement that the parties shall have arranged for the filing filing, occurring or obtainment of all authorizations, consents, orders or approvals of, or declarations or filings with, or terminations or expirations of waiting periods imposed by, by any governmental authority necessary for the consummation of entity or by any applicable law, rule, or regulation governing the transactions contemplated by this Agreementhereby.

Appears in 1 contract

Samples: Membership Purchase Agreement (Canbiola, Inc.)

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