Common use of Conditions to Obligations of Buyer and Seller Clause in Contracts

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree shall prohibit the consummation of the Closing. (b) Each of Seller and Buyer shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Megapro Tools Inc), Stock Purchase Agreement (Us Industries Inc /De)

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Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions: (a) No no provision of any applicable law or regulation and no judgment, injunction, order or decree Law shall prohibit the consummation of the Closing.; and (b) Each there shall not be in effect any Law enacted, enforced, promulgated, issued or deemed applicable to the transactions contemplated hereby of Seller and Buyer shall have received evidence reasonably satisfactory to it any Governmental Authority that Liens listed on Schedule 8.01(b) have been released by makes illegal or otherwise materially restrains or prohibits the holders thereofconsummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Air Transport Group Holdings, Inc.)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree Applicable Law shall prohibit the consummation of the Closing. (b) Each All actions by or in respect of Seller and Buyer or filings with any Governmental Authority required to permit the consummation of the Closing shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereoftaken, made or obtained.

Appears in 1 contract

Samples: Stock Purchase Agreement (Shanda Games LTD)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate complete the Closing transactions contemplated hereby are subject to the satisfaction on or prior to the date of Closing of the following conditions: (a) 13.1.1 No provision of any applicable law or regulation and no judgmentjudgement, injunction, order or decree shall prohibit the consummation of the Closing. (b) Each of Seller and Buyer shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereof.

Appears in 1 contract

Samples: Business and Asset Purchase Agreement (Technical Chemicals & Products Inc)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree Applicable Law shall prohibit the consummation of the Closing. (b) Each All actions by or in respect of Seller and Buyer or filings with any Governmental Authority required to permit the consummation of the Closing shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereoftaken, made or obtained.

Appears in 1 contract

Samples: Transaction Framework Agreement (Baidu, Inc.)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions:: ​ (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree shall prohibit the consummation of the Closing.. ​ (b) Each All actions by or in respect of Seller and Buyer or filings with any governmental body, agency, official or authority required to permit the consummation of the Closing shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereoftaken, made or obtained.

Appears in 1 contract

Samples: Share Purchase Agreement (RLX Technology Inc.)

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Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditionscondition: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree Applicable Law shall prohibit the consummation of the Closing. (b) Each of Seller and Buyer shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereof.

Appears in 1 contract

Samples: Contribution Agreement (TerraVia Holdings, Inc.)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree Applicable Law shall prohibit the consummation of the Closing. (b) Each All actions by or in respect of Seller and Buyer or filings with SAFE required to permit the consummation of the Closing shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereoftaken, made or obtained.

Appears in 1 contract

Samples: Share Purchase Agreement (China Lodging Group, LTD)

Conditions to Obligations of Buyer and Seller. The obligations of Buyer and Seller Group to consummate the Closing are subject to the satisfaction of the following conditions: (a) No provision of any applicable law or regulation and no judgment, injunction, order or decree Applicable Law shall prohibit the consummation of the Closing. (b) Each All actions by or in respect of Seller and Buyer or filings with any Governmental Authority required to permit the consummation of the Closing shall have received evidence reasonably satisfactory to it that Liens listed on Schedule 8.01(b) have been released by the holders thereoftaken, made or obtained.

Appears in 1 contract

Samples: Transaction Framework Agreement (Shanda Games LTD)

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