Common use of Conditions to the Obligations of the Investor Clause in Contracts

Conditions to the Obligations of the Investor. The obligations of the Investor to effect the Closing shall be subject to the satisfaction or, to the extent permitted by applicable Law, waiver by the Investor of the following conditions: (a) the representations and warranties of the Company in this Agreement shall be true and correct as of the Closing Date as though made on and as of such date and time; (b) the Company shall have performed in all material respects all of its obligations hereunder required to be performed by it at or prior to the Closing; (c) the Company shall have delivered to the Investor the items set forth in Section 2.02(b)(i); and (d) no provision of any applicable Law and no permanent, preliminary or temporary judgment, injunction, order or decree that has the effect of preventing, prohibiting or making illegal the consummation of any of the transactions contemplated by this Agreement shall be in effect at the Closing, and no action, claim or proceeding seeking any such judgment, injunction, order or decree shall be threatened in writing or pending at the Closing.

Appears in 4 contracts

Samples: Share Purchase Agreement (Toro Corp.), Share Purchase Agreement (Castor Maritime Inc.), Share Purchase Agreement (Castor Maritime Inc.)

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