CONDITIONS TO OBLIGATIONS OF COASTCAST Sample Clauses

CONDITIONS TO OBLIGATIONS OF COASTCAST. The obligations of Coastcast to consummate the purchase of the Shares pursuant to this Agreement will be subject to the fulfillment, at or prior to the Closing, of the following conditions: (i) The representations and warranties of Shareholders contained in this Agreement or in any other document of Shareholders delivered pursuant hereto shall be true and correct in all material respects as of the Closing, and at the Closing, Shareholders shall have delivered to Coastcast a certificate signed by Shareholders to such effect; (ii) all of the obligations of Shareholders to be performed by them prior to the Closing shall have been duly performed in all material respects; (iii) there shall not have occurred any damage, destruction or loss of any of the assets of XXXX, whether or not covered by insurance, which has had or may reasonably be expected to have a material and adverse effect on the Business or any prospects of the Business, nor shall there have occurred any other event or condition which has had or which reasonably may be expected to have a material and adverse effect on the operations or prospects of the Business; (iv) Xxxxxx Xxxxxxx shall have paid in full all of his indebtedness to XXXX; and (v) Xxxxxx Xxxxxxx shall have entered into an employment agreement with XXXX on terms and conditions mutually agreeable to him and Coastcast.
Sample 1
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Related to CONDITIONS TO OBLIGATIONS OF COASTCAST

  • Conditions to Obligations of Company The obligation of Company to effect the Merger is also subject to the satisfaction or waiver by Company at or prior to the Effective Time of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is further subject to satisfaction or waiver of the following conditions:

  • Conditions to Obligations of Buyer The obligations of Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Buyer’s waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of Parent and Sub The obligations of Parent and Sub to effect the Merger are further subject to the satisfaction or waiver on or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of the Buyer The obligations of the Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions, any of which may be waived in writing by the Buyer in its sole discretion:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Seller’s waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Purchaser The obligations of the Purchaser to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Additional Conditions to Obligations of Company The obligation of Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by Company:

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