Conditions to the Obligations of Both Parties. Each Party's obligation to consummate the Transactions contemplated by this Agreement are subject to the satisfaction or waiver, on or prior to the Closing Date, of each of the following conditions, as applicable to the Party specified:
(a) The FCC shall have granted the FCC Application, such grant shall have become Final Order, and such Final Order shall be in full force and effect; and all other notices, filings and Consents required to be made or obtained prior to the Closing by either Party or any of its respective Affiliates with any Governmental Authority in connection with the execution and delivery of this Agreement and the consummation of the Transactions shall have been made or obtained.
(b) No preliminary or permanent injunction or other order, decree or ruling issued by a Governmental Authority, nor any Law promulgated or enacted by any Governmental Authority, shall be in effect that would impose material limitations on the ability of either Party to consummate the Transactions.
Conditions to the Obligations of Both Parties. The respective obligation of each party to effect the transactions contemplated by this Agreement shall be subject to the satisfaction or waiver, at or prior to the Closing, of the following conditions:
Conditions to the Obligations of Both Parties. Each party’s obligation to consummate the Transactions contemplated by this Agreement is subject to the satisfaction or waiver, on or prior to the Closing Date, of each of the following conditions, as applicable to the party specified:
(a) The FCC shall have granted its consent to the assignment of the Seller License to Purchaser, and all other notices, filings and Consents required to be made or obtained prior to the Closing by either party or any of its respective Affiliates with any Governmental Authority in connection with the execution and delivery of this Agreement and the consummation of the Transactions shall have been made or obtained.
(b) No preliminary or permanent injunction or other order, decree or ruling issued by a Governmental Authority, nor any Law promulgated or enacted by any Governmental Authority, shall be in effect that would impose material limitations on the ability of either party to consummate the Transactions.
Conditions to the Obligations of Both Parties. Each Party's obligation to consummate the Transactions contemplated by this Agreement are subject to the satisfaction or waiver, on or prior to the Closing Date, of each of the following conditions, as applicable to the Party specified:
(i) The FCC shall have approved the application for consent to the assignment of the Seller Licenses to Purchaser (or its designee) without imposition of conditions outside of the ordinary course, (ii) such approval shall have become a Final Order, and such Final Order shall be in full force and effect; and (iii) all other notices, filings and Consents required to be made or obtained prior to the Closing by either Party or any of its respective Affiliates with any Governmental Authority in connection with the execution and delivery of this Agreement and the consummation of the Transactions shall have been made or obtained.
(b) No preliminary or permanent injunction or other order, decree or ruling issued by a Governmental Authority, nor any Law promulgated or enacted by any Governmental Authority, shall be in effect that would impose material limitations on the ability of either Party to consummate the Transactions.
Conditions to the Obligations of Both Parties. The respective obligations of the Seller and Purchaser to effect the Closing are subject to (i) the receipt or delivery, as applicable, of their respective deliverables pursuant to Section 4.2 above and (ii) no court or other governmental authority having enacted, issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree, judgment, injunction or other order (whether temporary, preliminary or permanent) which is in effect and which has the effect of preventing, enjoining, restraining, prohibiting or otherwise making the consummation of the Transaction illegal.
Conditions to the Obligations of Both Parties. The respective obligations of each party to effect this Agreement and the other transactions contemplated herein shall be subject to the satisfaction at or prior to the Closing of the following conditions, any or all of which may be waived, in whole or in part, to the extent permitted by applicable law:
(a) No governmental entity or federal or state court of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree, judgment, injunction or other order (whether temporary, preliminary or permanent), in any case which is in effect and which prevents or prohibits the transactions contemplated in this Agreement.
(b) All consents, approvals and authorizations legally required to be obtained to consummate the transactions contemplated hereby have been obtained.
(c) None of the Transaction Documents shall have been modified or terminated or challenged in court.
Conditions to the Obligations of Both Parties. Under this Agreement
Conditions to the Obligations of Both Parties. The obligations of each of the Parties hereto to proceed with the Closing are subject to the fulfillment (unless waived by each party in writing), prior to or at the Closing, of each of the following conditions:
Conditions to the Obligations of Both Parties. The respective obligations of the Buyer and the Seller to consummate the transactions contemplated by this Agreement is subject to the satisfaction at or prior to the Closing of each of the following conditions:
(i) neither of the other owners (other than the Seller) of a portion of the Equity Interest in the Company shall have exercised its rights pursuant to the Odyssey ROFR Provisions to acquire any portion of the Seller’s Equity Interest in the Company; and
(ii) there must not be any pending or threatened injunction, judgment, order, decree, ruling or charge in effect preventing consummation of any of the transactions contemplated by this Agreement or any suit or action pending or threatened by a Governmental Authority to enjoin the consummation of any of the transactions contemplated by this Agreement.
Conditions to the Obligations of Both Parties. The obligations of each Party to consummate the Closing are subject to the satisfaction, or waiver by each of the Parties, at or before the Closing Date of all the following conditions:
(a) No provisions of any applicable Law, and no Order shall prohibit or impose any condition or prohibition on the consummation of the Closing.
(b) There shall not be any Action brought by a third-party non-Affiliate to enjoin or otherwise restrict the consummation of the Closing.
(c) The Parties shall have received all necessary approvals from all required Governmental Authorities to consummate the Transactions.
(d) The Buyer shall have received any required approvals of the Canadian Securities Exchange for this Agreement and the Transactions and such approvals shall be valid and in effect as of the Closing Date.
(e) The shareholders of Buyer shall have approved this Agreement and the Transactions and such approvals shall be valid and in effect as of the Closing Date.
(f) The Board of Directors of Buyer shall have approved this Agreement and the Transactions and shall not have withdrawn such approval.
(g) The Board of Directors of Seller shall have approved this Agreement and the Transactions and shall not have withdrawn such approval.
