Conditions to Obligations of the Company and the Stockholders Sample Clauses

Conditions to Obligations of the Company and the Stockholders. The obligation of the Company and the Stockholders to consummate this Agreement and the transactions contemplated hereby is subject to the fulfillment, prior to or at the Closing, of the following conditions precedent:
AutoNDA by SimpleDocs
Conditions to Obligations of the Company and the Stockholders. The obligations of the Company and the Stockholders to consummate the transactions contemplated by this Agreement are subject to the fulfillment of each of the following conditions, which may be waived in whole or in part by the Company and/or the Stockholders to the extent permitted by law:
Conditions to Obligations of the Company and the Stockholders. The obligations of the Company and the Stockholders to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or the Company’s waiver, at or prior to the Closing, of each of the following conditions: (a) Other than the representations and warranties of the Parent and the Merger Sub contained in Section 4.01 and Section 4.04, the representations and warranties of the Parent and Merger Sub contained in this Agreement and any certificate or other writing delivered pursuant hereto shall be true and correct in all respects (in the case of any representation or warranty qualified by materiality or Parent Material Adverse Effect) or in all material respects (in the case of any representation or warranty not qualified by materiality or Parent Material Adverse Effect) on and as of the date hereof and on and as of the Closing Date with the same effect as though made at and as of such date (except those representations and warranties that address matters only as of a specified date, the accuracy of which shall be determined as of that specified date in all respects). The representations and warranties of the Parent and the Merger Sub contained in Section 4.01 and Section 4.04 shall be true and correct in all respects on and as of the date hereof and on and as of the Closing Date with the same effect as though made at and as of such date. (b) The Parent and the Merger Sub shall have duly performed and complied in all material respects with all agreements, covenants, and conditions required by this Agreement to be performed or complied with by it prior to or on the Closing Date; provided, that, with respect to agreements, covenants and conditions that are qualified by materiality, the Parent and the Merger Sub shall have performed such agreements, covenants and conditions, as so qualified, in all respects. (c) No Governmental Authority shall have enacted, issued, promulgated, enforced, or entered any Governmental Order that is in effect and has the effect of making the transactions contemplated by this Agreement illegal, otherwise restraining or prohibiting consummation of such transactions, or causing any of the transactions contemplated hereunder to be rescinded following completion thereof. (d) From the date of this Agreement, there shall not have occurred any Parent Material Adverse Effect, nor shall any event or events have occurred that, individually or in the aggregate, with or without the lapse of time, could reasonably b...
Conditions to Obligations of the Company and the Stockholders. The obligations of the Company and the Stockholders to consummate and effect this Agreement and the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Effective Time of each of the following conditions, any of which may be waived, in writing, exclusively by the Company:
Conditions to Obligations of the Company and the Stockholders. The obligation of the Company and the Stockholders to effect the Merger and the other transactions contemplated hereby is also subject to the satisfaction at or prior to the Closing Date of the following conditions, any or all of which may be waived in writing by the Company and the Stockholders, in whole or in part: (a) Each of the representations and warranties of Buyer contained in this Agreement shall be true and correct in all material respects as of the Closing Date as though made on and as of the Closing Date (except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date). (b) Buyer shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it on or prior to the Closing Date. (c) No Governmental Entity or federal or state court of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any Order which has the effect of making the Merger illegal or otherwise prohibiting consummation of the Merger; and no such Governmental Entity or third party shall have initiated or threatened to initiate any proceeding seeking an Order. (d) All proceedings taken by Buyer and all instruments executed and delivered by Buyer on or prior to the Closing Date in connection with the transactions herein contemplated shall be reasonably satisfactory in form and substance to the Company.
Conditions to Obligations of the Company and the Stockholders. The obligations of Company and the Stockholders under this Agreement are subject to the fulfillment, at the Closing Date, of the following conditions precedent, each of which may be waived in writing in the sole discretion of Company:
Conditions to Obligations of the Company and the Stockholders. The obligation of the Company and the Stockholders to consummate the Merger is subject to the satisfaction (or waiver by the Company) of the following conditions: (a) the representations and warranties of the Buyer and the Acquisition Subsidiary set forth in Section 3.1 and Section 3.3 and any representations and warranties of the Buyer and the Acquisition Subsidiary set forth in this Agreement that are qualified as to materiality shall be true and correct in all respects, and all other representations and warranties of the Buyer and the Acquisition Subsidiary set forth in this Agreement shall be true and correct in all material respects, in each case as of the date of this Agreement and as of the Effective Time as though made as of the Effective Time, except to the extent such representations and warranties are specifically made as of a particular date or as of the date of this Agreement (in which case such representations and warranties shall be true and correct as of such date); (b) each of the Buyer and the Acquisition Subsidiary shall have performed or complied with its agreements and covenants required to be performed or complied with under this Agreement as of or prior to the Effective Time; (c) no Legal Proceeding shall be pending wherein an unfavorable judgment, order, decree, stipulation or injunction would (i) prevent consummation of any of the transactions contemplated by this Agreement, (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation or (iii) have a Buyer Material Adverse Effect, and no such judgment, order, decree, stipulation or injunction shall be in effect; (d) the Company shall have received from counsel to the Buyer and the Acquisition Subsidiary an opinion in the form attached hereto as Exhibit G, addressed to the Company and dated as of the Closing Date; (e) the Buyer shall have executed and delivered to each of the Stockholders a Lock-Up Agreement, in the form attached hereto as Exhibit C; (f) the Buyer shall have executed and delivered to each of the Stockholders a Registration Rights Agreement in the form attached hereto as Exhibit D; (g) the Stockholders shall have received an opinion from Shaw Xxxtxxx (xx such other counsel as the Company shall designate), in a form reasonably satisfactory to the Stockholders, dated the Closing Date, to the effect that the Merger will more likely than not constitute a reorganization for federal income tax purposes within the meaning of Secti...
AutoNDA by SimpleDocs
Conditions to Obligations of the Company and the Stockholders. The obligations of the Company and the Stockholders hereunder are subject to the fulfillment or satisfaction, on and as of the Closing Date, of each of the following conditions (any one or more of which may be waived by the Company (on behalf of itself and the Stockholders), but only in a writing signed by the Company):
Conditions to Obligations of the Company and the Stockholders. The Company’s obligation to consummate the Merger at the Closing is subject to the fulfillment to its reasonable satisfaction or waiver on or prior to the Effective Time of each of the following conditions:
Conditions to Obligations of the Company and the Stockholders. The obligation of the Company to effect the sale of the Sale Stock and the obligation of the Company and the Stockholders to effect the redemption of the Redemption Shares shall be subject to the fulfillment at or prior to Closing of the following additional conditions, any one or more of which may be waived by the Company or the Required Holders as the case may be:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!