Conditions to Each Purchaser’s Obligations. The obligation of a Purchaser to consummate its purchase of Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by the Purchaser in writing, in whole or in part, to the extent permitted by applicable Law): (a) the representations and warranties of the Partnership contained in this Agreement shall be true and correct in all material respects (other than those representations and warranties contained in Sections 3.01, 3.02 and 3.03 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only); (b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date; (c) the NYSE shall have authorized, upon official notice of issuance, the listing of the Conversion Units; (d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units; (e) there shall not have occurred a Material Adverse Effect; and (f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a), as applicable.
Appears in 1 contract
Samples: Series a Preferred Unit Purchase Agreement (KNOT Offshore Partners LP)
Conditions to Each Purchaser’s Obligations. The obligation of a Purchaser to consummate its purchase of Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by the such Purchaser with respect to itself in writing, in whole or in part, to the extent permitted by applicable Law):
(a) the representations and warranties of the Partnership contained in this Agreement shall be true and correct in all material respects (other than those representations and warranties Fundamental Representations contained in Sections 3.01, 3.02 and 3.03 Article III or portions of other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date;
(c) the NYSE shall have authorized, upon official notice of issuance, the listing of the Conversion Units;
(d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units;
(e) there shall not have occurred and be continuing (i) a Material Adverse Effect or (ii) a Combined Entity Material Adverse Effect; and
(f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing Closing deliveries described in Section 2.07(a)2.06, as applicable.
Appears in 1 contract
Samples: Convertible Preferred Unit Purchase Agreement (EQM Midstream Partners, LP)
Conditions to Each Purchaser’s Obligations. The obligation of a each Purchaser to consummate its the purchase of Purchased the Units shall be contemplated by this Agreement is subject to the satisfaction on of the following conditions, any of which may be waived in writing by such Purchaser:
(a) There shall be no Judgment to which such Purchaser is a party or by or to which such Purchaser is bound restraining, enjoining or preventing the consummation of the transactions contemplated hereby.
(b) The Seller shall have performed in all material respects all of its obligations hereunder to be performed by Seller at or prior to the Closing Date of and each of the following conditions (any or all of which may be waived by the Purchaser in writing, in whole or in part, to the extent permitted by applicable Law):
(a) the representations and warranties of the Partnership contained in Section 3 of this Agreement shall be true and correct in all material respects as of the date hereof and the Closing Date, with the same effect as if then made.
(other than those representations c) The Seller shall have delivered the documents and instruments required pursuant to Section 2, together with one or more certificates, executed by the Seller as to the matters referred to in paragraph (b) above, together with one or more certificates, executed by, the Seller as to the representation and warranties contained set forth in Sections 3.01, 3.02 and 3.03 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be Section 3 being true and correct in all respects) when made and material respects as of the Closing Date (except that representations date hereof and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date;
(c) , with the NYSE shall have authorized, upon official notice of issuance, the listing of the Conversion Units;
(d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units;
(e) there shall not have occurred a Material Adverse Effect; and
(f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a), same effect as applicableif then made.
Appears in 1 contract
Conditions to Each Purchaser’s Obligations. The obligation of a each Purchaser to consummate its purchase of the Purchased Units shall be Securities is subject to the satisfaction on or prior waiver by Advent of the following conditions:
(a) No provision of any applicable law or regulation shall have been enacted, no judgment, injunction, order, decree or arbitration award shall have been issued, and no Suit, of which any party hereto shall have received notice, shall be pending or threatened, in any case which seeks to prohibit, and which could reasonably be expected to result in the enjoinment of, any of the transactions contemplated by this Agreement.
(b) The Company shall not have received notice from Nasdaq with respect to any material issues relating to the Closing Date Notification Form for Listing of each Additional Shares filed pursuant to Section 5.04(f) hereof that remain unresolved.
(c) No event or series of related events shall have occurred that shall have had or that could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
(d) Each of the following conditions (any or all of which may be waived by the Purchaser in writing, in whole or in part, to the extent permitted by applicable Law):shall have been satisfied:
(ai) the representations and warranties of the Partnership contained in this Agreement Company shall be true and correct have performed in all material respects (other than those representations and warranties contained in Sections 3.01, 3.02 and 3.03 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are its obligations hereunder required to be performed or complied with by it on or prior to the Closing Date;
(cii) the NYSE shall have authorized, upon official notice of issuance, the listing representations and warranties of the Conversion Units;
(d) no notice Company and each of delisting from the NYSE other Purchasers made in this Agreement which are qualified as to “materiality,” “Material Adverse Effect” or words of similar meaning shall have been received by true and correct when made on the Partnership with respect to date hereof and shall be true and correct at and as of the Common Units;
Closing Date, as if made at and as of such date (e) there shall not have occurred except for representations and warranties made as of a Material Adverse Effect; and
(f) particular date, which, on the Partnership shall have delivered, or caused Closing Date need to be delivered, to true and correct as of the Purchaser the Partnership’s closing deliveries described in Section 2.07(aparticular date referenced therein), as applicable.;
Appears in 1 contract
Samples: Securities Purchase Agreement (Mti Technology Corp)
Conditions to Each Purchaser’s Obligations. The obligation of a Purchaser to consummate its purchase of Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by the applicable Purchaser with respect to itself in writing, in whole or in part, to the extent permitted by applicable Law):
(a) the representations and warranties of the Partnership contained in this Agreement shall be true and correct in all material respects (other than those representations and warranties contained in Sections Section 3.01, 3.02 and 3.03 Section 3.02, Section 3.03, Section 3.13, Section 3.16 or Section 3.18 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date;
(c) the NYSE shall have authorized, upon subject to official notice of issuance, the listing of the Purchased Common Units and the Conversion Units;
(d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units;
(e) there shall not have occurred a Material Adverse Effect; and
(f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a2.06(a), as applicable.
Appears in 1 contract
Conditions to Each Purchaser’s Obligations. The obligation of a Purchaser to consummate its purchase of Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by the applicable Purchaser with respect to itself in writing, in whole or in part, to the extent permitted by applicable Law):
(a) the representations and warranties of the Partnership contained in this Agreement shall be true and correct in all material respects (other than those representations and warranties contained in Sections Section 3.01, 3.02 and 3.03 Section 3.02, Section 3.03, Section 3.13, Section 3.16 or Section 3.18 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only);only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date;Date;
(c) the NYSE shall have authorized, upon official notice of issuance, the listing of the Purchased Common Units and the Conversion Units;Units;
(d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units;Units;
(e) there shall not have occurred a Material Adverse Effect; andEffect;
(f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a2.06(a), as applicableapplicable; and
(g) the Partnership shall have sold Common Units on or after the date hereof, whether in the Public Offering or otherwise, and including the Purchased Common Units to be sold and purchased hereunder and any Common Units to be issued pursuant to the Contribution Agreement, for aggregate consideration of at least $400 million.
Appears in 1 contract
Samples: Series a Preferred Unit and Common Unit Purchase Agreement
Conditions to Each Purchaser’s Obligations. The obligation of a Purchaser to consummate its purchase of Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by the applicable Purchaser with respect to itself in writing, in whole or in part, to the extent permitted by applicable Law):
(a) the representations and warranties of the Partnership contained in this Agreement shall be true and correct in all material respects (other than those representations and warranties contained in Sections Section 3.01, 3.02 and 3.03 Section 3.02, Section 3.03, Section 3.13, Section 3.16 or Section 3.18 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made and as of the Closing Date (except that representations and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) the Partnership shall have performed and complied in all material respects with all of the covenants and agreements contained in this Agreement that are required to be performed or complied with by it on or prior to the Closing Date;
(c) the NYSE shall have authorized, upon official notice of issuance, the listing of the Purchased Common Units and the Conversion Units;
(d) no notice of delisting from the NYSE shall have been received by the Partnership with respect to the Common Units;
(e) there shall not have occurred a Material Adverse Effect; and;
(f) the Partnership shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a2.06(a), as applicable; and
(g) the Partnership shall have sold Common Units on or after the date hereof, whether in the Public Offering or otherwise, and including the Purchased Common Units to be sold and purchased hereunder and any Common Units to be issued pursuant to the Contribution Agreement, for aggregate consideration of at least $400 million.
Appears in 1 contract
Samples: Purchase Agreement (Dominion Midstream Partners, LP)
Conditions to Each Purchaser’s Obligations. The obligation of a each Purchaser to consummate its purchase of Purchased Units shall the Securities to be purchased by it hereunder is subject to the satisfaction on satisfaction, at or prior to the Closing Date of each Date, of the following conditions (any or all of which may be waived by the Purchaser in writing, in whole or in part, to the extent permitted by applicable Law):conditions:
(a) the The representations and warranties of the Partnership Issuer contained in this Agreement herein shall be true and correct in all material respects (other than those representations and warranties contained in Sections 3.01, 3.02 and 3.03 or other representations and warranties that are qualified by materiality or Material Adverse Effect, which, in each case, shall be true and correct in all respects) when made on and as of the Closing Date (except that representations as if made on and warranties made as of a specific date shall be required to be true and correct as of such date only);
(b) date; the Partnership Issuer shall have performed and complied in all material respects with all of the covenants and agreements contained in required by this Agreement that are required to be performed or complied with by it on at or prior to the Closing Date; and such Purchaser shall have received a certificate dated the Closing Date signed by an authorized officer of the Issuer to the foregoing effect;
(b) The Securityholders Agreement shall have been executed and delivered by the Issuer;
(c) the NYSE Such Purchaser shall have authorized, upon official notice of issuance, received duly executed certificates representing the listing of the Conversion UnitsSecurities being purchased by such Purchaser pursuant hereto;
(d) no notice of delisting from the NYSE Such Purchaser shall have been received all documents reasonably requested by the Partnership with respect it relating to the Common Unitsexistence of the Issuer, the corporate authority for entering into, and the validity of, this Agreement, the Securityholders Agreement and the Securities, all in form and substance reasonably satisfactory to it;
(e) there shall not have occurred a Material Adverse Effect; and
(f) the Partnership The consents and approvals identified in Section 3.03 shall have delivered, or caused to be delivered, to the Purchaser the Partnership’s closing deliveries described in Section 2.07(a), as applicable.been received and not withdrawn;
Appears in 1 contract
Samples: Securities Purchase Agreement (Nasdaq Stock Market Inc)