Common use of Conditions to Each Party’s Obligations under this Agreement Clause in Contracts

Conditions to Each Party’s Obligations under this Agreement. The respective obligations of each party to effect the transactions contemplated by this Agreement shall be subject to the fulfilment or waiver in writing by mutual agreement of the parties at or prior to Closing of the following conditions: (a) None of the parties shall be subject to any decree, order or injunction of a United States federal or state court or foreign court of competent jurisdiction, which prohibits the consummation of the transactions contemplated by this Agreement, and no statute, rule or regulation shall have been enacted by any governmental authority which prohibits or makes unlawful the consummation of the transactions contemplated by this Agreement. (b) No action, suit, investigation or proceeding before any governmental authority seeking to prevent or prohibit the consummation of the transactions contemplated by this Agreement shall be pending.

Conditions to Each Party’s Obligations under this Agreement. The respective obligations of each party Party to effect the transactions contemplated by this Agreement at the Closing shall be subject to the fulfilment fulfillment or waiver in writing by mutual agreement of the parties Parties at or prior to the Closing Date of the following conditions: (a) None of the parties Parties shall be subject to any decree, order or injunction of a United States federal or state court or foreign court of competent jurisdiction, which prohibits the consummation of the transactions contemplated by this AgreementTransactions, and no statute, rule or regulation shall have been enacted by any governmental authority Governmental Authority which prohibits or makes unlawful the consummation of the transactions contemplated by this AgreementTransactions. (b) No action, suit, investigation or proceeding before any governmental authority seeking to prevent or prohibit the consummation of the transactions contemplated by this Agreement shall be pending.