Conditions to Obligations of Buyer and the Sellers. The obligations of Buyer and the Sellers to consummate the Closing are subject to the satisfaction of the following conditions: (a) no provision of any Law shall prohibit the consummation of the Closing; (b) there shall not be in effect any Law enacted, enforced, promulgated, issued or deemed applicable to the transactions contemplated hereby of any Governmental Authority that makes illegal or otherwise materially restrains or prohibits the consummation of the transactions contemplated hereby.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Harvard Holdings International, Inc.), Stock Acquisition Agreement (Woize International Ltd.), Stock Purchase Agreement (Harvard Holdings International, Inc.)
Conditions to Obligations of Buyer and the Sellers. The obligations of Buyer and the Sellers to consummate the Closing are subject to the satisfaction of the following conditions:
(a) a. no provision of any Law shall prohibit the consummation of the Closing;
(b) b. there shall not be in effect any Law enacted, enforced, promulgated, issued or deemed applicable to the transactions contemplated hereby of any Governmental Authority that makes illegal or otherwise materially restrains or prohibits the consummation of the transactions contemplated hereby.
Appears in 3 contracts
Samples: Share Exchange Agreement (Viking Minerals Inc.), Share Exchange Agreement (Monarchy Resources, Inc.), Share Exchange Agreement (Monarchy Resources, Inc.)
Conditions to Obligations of Buyer and the Sellers. The obligations of Buyer and the Sellers to consummate the Closing are subject to the satisfaction of the following conditions:
(a) no No provision of any Applicable Law shall prohibit the consummation of the Closing;.
(b) there shall not be All actions by or in effect any Law enacted, enforced, promulgated, issued respect of or deemed applicable to the transactions contemplated hereby of filings with any Governmental Authority that makes illegal or otherwise materially restrains or prohibits required to permit the consummation of the Closing shall have been taken, made or obtained.
(c) The shareholders of Buyer shall have duly approved the issuance of the Buyer Shares and other transactions contemplated herebyby this Agreement at the Buyer Shareholder Meeting.
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