Common use of Conditions to the Obligations of All Parties Clause in Contracts

Conditions to the Obligations of All Parties. The Closing of -------------------------------------------- the transaction contemplated hereby shall take place immediately after the closing under the Merger Agreement. The respective obligations of each party to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction or waiver at or prior to the Closing of each of the following conditions: (a) Change in Law. No statute, rule or regulation shall have been enacted ------------- or issued by any Governmental Authority that makes the consummation of the transactions contemplated by this Agreement illegal.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Anderson Tully Co), Asset Purchase Agreement (Anderson Tully Co)

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Conditions to the Obligations of All Parties. The Closing of -------------------------------------------- the transaction contemplated hereby shall take place immediately after prior to the closing Effective Time under the Merger Agreement. The respective obligations of each party to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction or waiver at or prior to the Closing of each of the following conditions: (a) Change in Law. No statute, rule or regulation shall have been enacted ------------- or issued by any Governmental Authority that makes the consummation of the transactions contemplated by this Agreement or the Subsidiaries Asset Purchase Agreements illegal.

Appears in 1 contract

Samples: Asset Purchase Agreement (Anderson Tully Co)

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