Common use of Conditions to the Holder’s Obligations to Exchange Clause in Contracts

Conditions to the Holder’s Obligations to Exchange. The Company understands that the Holder’s obligation to exchange Debentures for the Exchange Consideration on the Closing Date is conditioned upon satisfaction of the following conditions precedent on or before the Closing Date (any or all of which may be waived by the Holder in its sole discretion):

Appears in 6 contracts

Samples: Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc)

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Conditions to the Holder’s Obligations to Exchange. The Company understands that the Holder’s 's obligation to exchange Debentures for the Exchange Consideration on the Closing Date is conditioned upon satisfaction of the following conditions precedent on or before the Closing Date (any or all of which may be waived by the Holder in its sole discretion):

Appears in 2 contracts

Samples: Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc)

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Conditions to the Holder’s Obligations to Exchange. The Company understands that the Holder’s obligation to exchange Debentures Existing Notes for the Exchange Consideration New Notes on the Closing Date is conditioned upon satisfaction of the following conditions precedent on or before the Closing Date (any or all of which may be waived by the Holder in its sole discretion):

Appears in 1 contract

Samples: Exchange Agreement (Emcore Corp)

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