Conditions to the Obligation of the Company to Consummate the Closing. The obligation of the Company to consummate the transactions to be consummated at the Closing, and to issue and sell to the Purchasers the Shares pursuant to this Agreement, is subject to the satisfaction of the following conditions precedent: (a) each Purchaser shall have executed and delivered each Transaction Agreement to which such Purchaser is a party; and (b) the Certificate of Designation shall have been duly filed and accepted by the Secretary of State of the State of Delaware.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Hudson Bay Capital Management LP), Securities Purchase Agreement (HC2 Holdings, Inc.)
Conditions to the Obligation of the Company to Consummate the Closing. The obligation of the Company to consummate the transactions to be consummated at the Closing, and to issue and sell to the Purchasers the Preferred Shares pursuant to this Agreement, is subject to the satisfaction of the following conditions precedent:
(a) each Purchaser shall have executed and delivered each Transaction Agreement to which such Purchaser is a party; and
(b) the Certificate of Designation shall have been duly filed and accepted by the Secretary of State of the State of Delaware.
Appears in 2 contracts
Samples: Securities Purchase Agreement (HC2 Holdings, Inc.), Securities Purchase Agreement (HC2 Holdings, Inc.)
