Common use of Conditions to Obligations of Each Party to Close Clause in Contracts

Conditions to Obligations of Each Party to Close. The respective obligations of each party to effect the transactions contemplated by this Agreement are subject to the satisfaction or, where legally permitted, waiver by such party, prior to or at the Closing, of each of the following conditions: (a) No statute, rule, regulation, executive order, decree, ruling, permanent injunction or other permanent order shall have become effective (and final and nonappealable) permanently restraining, enjoining or otherwise prohibiting or making illegal the consummation of the transactions contemplated hereby. (b) All Regulatory Approvals shall have been obtained, and any applicable waiting periods relating thereto shall have expired or been terminated early. (c) The Xxxx of Sale and Assignment and Assumption Agreement shall have been duly executed by the parties.

Conditions to Obligations of Each Party to Close. The respective obligations of each party to effect the transactions contemplated by this Agreement Closing are subject to the satisfaction or, where legally permitted, waiver by such party, prior to or at the Closing, of each of the following conditions: (a) No Law, statute, rule, regulation, executive order, decree, ruling, permanent injunction (whether temporary, preliminary or permanent) or other permanent order shall have become effective (and final and nonappealable) permanently be in effect which has the effect of restraining, enjoining or otherwise prohibiting or making illegal the consummation of the transactions contemplated herebyTransactions. (b) All The Regulatory Approvals shall have been obtainedobtained and shall remain in full force and effect, and any applicable waiting periods relating thereto shall have expired or been terminated earlyterminated, and no such Regulatory Approval shall have resulted in the imposition of any Material Burdensome Condition. (c) The Xxxx of Sale and Assignment and Assumption Agreement Requisite Vote shall have been duly executed by the partiesobtained.

Conditions to Obligations of Each Party to Close. The respective obligations of each party Party to effect the transactions contemplated by this Agreement are subject to the satisfaction or, where legally permitted, waiver by such partyParty, prior to or at the Closing, of each of the following conditions: (a) No statute, rule, regulation, executive order, decree, ruling, permanent injunction or other permanent order shall have become effective (and final and nonappealable) permanently restraining, enjoining or otherwise prohibiting or making illegal the consummation of the transactions contemplated hereby. (b) All Regulatory Approvals shall have been obtained, and any applicable waiting periods relating thereto shall have expired or been terminated early. (c) The Xxxx of Sale and Assignment and Assumption Agreement shall have been duly executed by the parties.