CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES Sample Clauses

CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the parties under this Agreement are subject to the fulfillment, prior to the Closing, of all conditions precedent and to performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the party entitled to performance or to demand fulfillment of the covenant or delivery of the documents.
AutoNDA by SimpleDocs
CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the Parties under this Agreement are subject to the fulfillment, prior to the Closing, of all conditions precedent and to the performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the Party entitled to performance or to demand fulfillment of the covenant or delivery of the documents. 5.1 Documents to be delivered by Biostem to the Company. At the Closing, the following documents shall be delivered to the Company by Biostem, which documents shall be reasonably satisfactory in form and content to the Company's counsel: (a) Certificates executed by an authorized representative of Biostem, dated as of the Closing, certifying that the representations and warranties of Biostem contained in this Agreement are then true and correct, and that Biostem has complied with all agreements and conditions required by this Agreement and all related agreements to be performed or complied with by Biostem. (b) An executed and acknowledged assignment to the Company of the Proprietary Technology, as herein provided; (c) An executed and acknowledged Assignment Consent, as herein provided; and (d) All materials and documents in the possession of Biostem related to the Proprietary Technology.
CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the Parties under this Agreement are subject to the fulfillment, prior to the Closing Date, of all conditions precedent and to performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the Parties entitled to performance of the covenant or delivery of the documents. Purchaser's obligations to purchase and pay for the Purchased Assets are further subject to the representations and warranties of Seller being true and correct in all material respects on the Closing Date, and the obligation of Seller to sell, transfer, assign, convey and deliver the Purchased Assets is further subject to the representations and warranties of Purchaser being true and correct in all material respects on the Closing Date. Conversely, Seller's obligations to accept the Exchanged Assets are further subject to the representations and warranties of Gruesers and Purchaser being true and correct in all material respects on the Closing Date, and the obligation of Gruesers and Purchaser to transfer, assign, convey and deliver the Exchanged Assets is further subject to the representations and warranties of the Seller being true and correct in all material respects on the Closing Date.
CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the parties under this Agreement are subject to the fulfillment, prior to the Closing, of all conditions precedent and to performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the party entitled to performance or to demand fulfillment of the covenant or delivery of the documents. 7.1 Documents to be delivered by Peru Co. to the Company. At the Closing, the following documents shall be delivered to the Company by Peru Co. or the Shareholders, as the case may be, which documents shall be reasonably satisfactory in form and content to the Company's counsel: (a) Certificates executed by an authorized signing officer of Peru Co., dated as of the Closing Date, certifying that the representations and warranties of Peru Co., contained in this Agreement and the information set forth in all Schedules and Exhibits of Peru Co. hereto are then true and correct and that Peru Co. has complied with all agreements and conditions required by this Agreement and all related agreements to be performed or complied with by Peru Co. (b) A copy of the directors' resolution or the minutes of the meeting of the directors of Peru Co. approving the execution and performance of this Agreement. (c) The certificates evidencing the Peru Co. Shares, indorsed on the reverse side for transfer or accompanied by a signed stock power in form reasonably satisfactory to the Company. (d) All completed Schedules and all Exhibits called for in this Agreement. (e) A legal opinion of counsel to Peru Co., acceptable to the Company, covering: (i) the existence and good standing of Peru Co. as a corporation in Peru, (ii) the authorization of the transactions contemplated herein by Peru Co., (iii) the valid issuance of the Peru Co. Shares that are to be exchanged hereunder, (iv) the binding nature of this Agreement upon execution by Peru Co., and the Shareholders, (v) no required consents of governmental agencies or private third parties for Peru Co. to consummate the transactions contemplated in this Agreement and (vi) no violation of Peruvian law as a result of the Exchange contemplated by this Agreement.
CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the parties under this Agreement are subject to the fulfillment, prior to the Closing, of all conditions precedent and to performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the party entitled to performance or to demand fulfillment of the covenant or delivery of the documents. Purchaser's obligations to purchase and pay for the Control Shares are further subject to the representations and warranties of Franchise Connection and Shareholders being true and correct at the Closing, and the obligation of the Shareholders to sell, transfer, assign, convey and deliver the Control Shares is further subject to the representations and warranties of Purchaser being true and correct at the Closing.
CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES. All obligations of the Parties under this Agreement are subject to the fulfillment, prior to the Closing, of all conditions precedent and to the performance of all covenants and agreements and completion of all deliveries contemplated herein, unless specifically waived in writing by the Party entitled to performance or to demand fulfillment of the covenant or delivery of the documents. 5.1 Documents to be delivered by the Biostem Shareholders to the Company. At the Closing, the following documents shall be delivered to the Company by the Biostem Shareholders, which documents shall be reasonably satisfactory in form and content to the Company's counsel: (a) Certificates executed by an authorized representative of the Biostem Shareholders, dated as of the Closing, certifying that the representations and warranties of the Biostem Shareholders contained in this Agreement are then true and correct, and that the Biostem Shareholders have complied with all agreements and conditions required by this Agreement and all related agreements to be performed or complied with by the Biostem Shareholders. (b) All corporate and financial records of Biostem, including incorporation documents and any amendments thereto, bylaws, minutes of shareholder and director meetings, resolutions and shareholder records since inception. (c) The original certificates evidencing the Biostem Shares, indorsed on the reverse side for transfer or accompanied by signed stock powers in form reasonably satisfactory to the Company. (d) All materials and documents in the possession of Biostem related to the Proprietary Technology. 5.2 Documents to be delivered to the Biostem Shareholders. At the Closing the following documents shall be delivered to the authorized representative of the Biostem Shareholders by the Company, which documents shall be reasonably satisfactory in form and content to counsel for the Biostem Shareholders: (a) Stock certificates evidencing the Exchange Shares; and (b) A certificate executed by the chief executive officer of the Company, dated as of the Closing, certifying that the representations and warranties of the Company contained in this Agreement are then true and correct, that the required majority of the Company’s shareholders have approved this Agreement and the Closing, and that the Company has complied with all agreements and conditions required by this Agreement to be performed or complied with by it.

Related to CONDITIONS TO OBLIGATIONS OF THE PARTIES; DELIVERIES

  • Conditions to Obligations of the Parties The obligation of the Parties to effect the Generation Exchange and the other transactions contemplated by this Agreement shall be subject to the fulfillment at or prior to the Exchange Closing Date, of the following conditions: (a) The waiting period under the HSR Act applicable to the consummation of the exchange of the Exchange Assets contemplated hereby shall have expired or been terminated; (b) No preliminary or permanent injunction or other order or decree by any Governmental Authority which prevents the consummation of the exchange of the Exchange Assets contemplated herein shall have been issued and remain in effect (each Party agreeing to use its reasonable best efforts to have any such injunction, order or decree lifted) and no statute, rule or regulation shall have been enacted by any state or federal government or Governmental Authority prohibiting the consummation of the exchange of the Exchange Assets; (c) The DLC Nuclear Closing as defined in the Nuclear Conveyance Agreement shall have occurred; (d) The CAPCO Settlement Agreement shall have been executed by DLC, the FE Subsidiaries and TEC; (e) The Support Agreement shall have been executed by FE and DLC; (f) All consents or approvals, filings with, or notices to any Governmental Authority that are necessary for the consummation of the transactions contemplated by each of the CAPCO Settlement Agreement and the Electrical Facilities Agreement shall have been obtained or made, other than such consents, approvals, filings or notices which are not required in the ordinary course to be obtained or made prior to the consummation of the transactions thereunder or which, if not obtained or made, will not prevent the parties thereto from performing their material obligations thereunder; and (g) There shall be no court order requiring DQE to consummate the transactions contemplated under the Agreement and Plan of Merger between DQE and Allegheny Energy, Inc.

  • Conditions to Obligations of the Purchasers The obligations of the Purchasers to consummate the Purchase shall be subject to the fulfillment on or prior to the Closing of each of the following conditions: (a) No statute, rule or regulation or order of any court or administrative agency shall be in effect which prohibits the consummation of the transactions to be consummated at Closing; (b) The waiting period required by the Hxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, applicable to the consummation of the transactions contemplated by this Agreement shall have expired or been terminated by the Federal Trade Commission and the Antitrust Division of the United States Department of Justice. (c) Each of the representations and warranties of the Company contained in this Agreement shall be true and correct as of the Closing (except to the extent such representations and warranties are made as of a particular date, in which case such representations and warranties shall have been true and correct in all material respects as of such date) and the Company shall have delivered to the Purchasers a certificate, dated the Closing Date and signed by the Company to the effect set forth in this Section 5.1(c); (d) The holders of Common Stock of the Company present in person or by proxy at a duly called meeting of the Company’s stockholders shall have authorized and approved the issuance and sale of the Securities to the Purchasers by the affirmative vote of a majority of the votes cast at such meeting, provided that the total votes cast on the proposal represent at least 50% of the Common Stock entitled to vote thereon (the “Company Stockholder Approval”). (e) The Company in all material respects shall have performed, satisfied and complied with each of its covenants and agreements set forth in this Agreement to be performed, satisfied and complied with prior to or at Closing; (f) The Purchasers and the Company shall have executed a registration rights agreement substantially in the form attached hereto as Exhibit A; (g) The Purchasers, the PCP Entities and Penske shall have executed a stockholders agreement substantially in the form agreed prior to the date hereof (the “Stockholders Agreement”); (h) The Purchasers, the Company and the other parties thereto shall have executed a termination of the Second Amended and Restated Stockholders Agreement substantially in the form agreed prior to the date hereof; and (i) The Purchasers shall have received an opinion, addressed to them, and dated the Closing Date, from counsel to the Company in form and substance reasonably satisfactory to the Purchasers with respect to completion of corporate action and enforceability.

  • 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:

  • Conditions to Obligations of the Buyer The obligation of the Buyer to -------------------------------------- consummate the transactions contemplated by this Agreement is subject to the satisfaction, or waiver by the Buyer, of the following conditions on or prior to the Closing: (a) the Company shall have obtained all of the waivers, permits, consents, approvals or other authorizations, and effected all of the registrations, filings and notices, as may be required by or with respect to the Company in connection with the transactions contemplated by this Agreement, including, without limitation, those referred to in CLAUSE 2.30 of the Disclosure Schedule; (b) the representations and warranties of the Stockholder set forth in Clause SECOND and Clause THIRD hereof shall be true and correct; (c) no action, suit or proceeding shall be pending or threatened by or before any Governmental Entity 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) affect adversely the right of the Buyer to own, operate or control any of the assets or operations of the Company, and no such judgment, order, decree, stipulation or injunction shall be in effect; (d) the Stockholder shall have delivered to the Buyer the stock certificates representing the Shares, in each case duly endorsed or with duly executed stock powers attached; (e) the Company shall have delivered a certificate, executed by the Secretary of the Company, attaching and certifying as to: (i) the charter documents (estatutos sociales) of the Company and (ii) the resolutions of the Board of Directors of the Company required to authorize this Agreement. (f) to the extent reasonably available in the applicable jurisdiction, the Company shall have delivered certificates of appropriate governmental officials in each jurisdiction in which the Company or the Stockholder is incorporated, resident or required to qualify to do business as a foreign corporation, as to the due qualification (including tax) of the Company or Stockholder, as the case may be, in each such jurisdiction; (g) the Buyer shall have received from Mexican counsel to the Stockholder an opinion as to the matters described in Exhibit 5.1. g) hereto, dated as of the Closing Date; (h) the Company shall have delivered the original corporate minute books of the Company; (i) the signatories to each of the bank accounts of the Company shall have been changed as per the Buyer's instructions; (j) the Buyer or its designee shall have entered into an Employee Agreement with Xx. Xxxxxxx Xxxxxxx Xxxxxxxx; (k) the Stockholder shall have delivered to the Buyer a certificate (in each case without regard to any qualification as to knowledge or materiality set forth in any representation or warranty) to the effect that each of the conditions specified in clauses (a), (b), (c), and (d), of this Clause 5.1 has been satisfied in all respects; and (l) the Stockholder shall have delivered to the Buyer a certificate that establishes the share distribution of the Company, and indicating that no other person other than the Stockholder owns or has any right upon the Shares.

  • Conditions to Obligations of the Sellers The obligations of the Sellers 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:

  • Conditions to Obligations of the Seller The obligations of the Seller 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:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is also subject to the satisfaction, or waiver by Parent, at or prior to the Effective Time, 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 fulfillment at or prior to the Closing of the following conditions (any one or more of which may be waived in whole or in part by Buyer):

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

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to fulfillment at or prior to the Closing of the following conditions (any one or more of which may be waived in whole or in part by Seller):

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!