Common use of Conditions to Obligations of LTC Clause in Contracts

Conditions to Obligations of LTC. The obligations of LTC to consummate the Closing are subject to the satisfaction (or waiver by LTC) of the following conditions: (a) Representations, Warranties and Covenants Relating to GAIA, GAIA Holding and the GAIA Holding Stockholder. The representations and warranties relating to GAIA, GAIA Holding and the GAIA Holding Stockholder made in this Agreement shall be true and correct in all respects (or, if any such representation is not expressly qualified by "materiality," "Material Adverse Effect" or words of similar import, the n in all material respects) as of the date hereof and as of Closing Date, as though made as of the Closing Date, and (b) the GAIA Holding Stockholder shall have performed and complied in all material respects with all terms, agreements and covenants contained in this Agreement required to be performed or complied with by the GAIA Holding Stockholder on or before the Closing Date. (b) No Injunction, etc. No provision of any applicable Law and no judgment, injunction, order or decree of any Governmental Authority shall be in effect which shall prohibit the consummation of the Closing.

Conditions to Obligations of LTC. The obligations of LTC to consummate the Closing are subject to the satisfaction (or waiver by LTC) of the following conditions: (a) Representations, Warranties and Covenants Relating to GAIA, GAIA Holding and the GAIA Holding Stockholder. The representations and warranties relating to GAIA, GAIA Holding and the GAIA Holding Stockholder made in this Agreement shall be true and correct in all respects (or, if any such representation is not expressly qualified by "materiality," "Material Adverse Effect" or words of similar import, the n in all material respects) as of the date hereof and as of Closing Date, as though made as of the Closing Date, and (b) the GAIA Holding Stockholder shall have performed and complied in all material respects with all terms, agreements and covenants contained in this Agreement required to be performed or complied with by the GAIA Holding Stockholder on or before the Closing Date. (b) No Injunction, etc. No provision of any applicable Law law and no judgment, injunction, order or decree of any Governmental Authority shall be in effect which shall prohibit the consummation of the Closing.