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

Conditions to the Obligations of the Seller Parties. The obligations of the Seller Parties to effect the transactions contemplated hereby shall be further subject to the fulfillment of the following conditions, any one or more of which may be waived by the Seller Parties: (a) All of the representations and warranties of Purchaser Parties set forth in this Agreement shall be true and correct when made and as of the Closing Date as if made on the Closing Date. (b) The Purchaser Parties shall have delivered, performed, observed and complied in all material respects with all of the items, instruments, documents, covenants, agreements and conditions required by this Agreement to be delivered, performed, observed and complied with by them prior to, or as of, the Closing. (c) The Purchaser Parties shall have executed, where applicable, and delivered to the Seller Parties the documents referenced in Section 9.3 hereof.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Medical Properties Trust Inc), Purchase, Sale and Loan Agreement (Medical Properties Trust Inc)

AutoNDA by SimpleDocs

Conditions to the Obligations of the Seller Parties. The obligations of the Seller Parties to effect the transactions contemplated hereby shall be further subject to the fulfillment of the following conditionscondition(s), any one or more of which may be waived by the Seller Parties: (a) : All of the representations and warranties of Purchaser the MPT Parties set forth in this Agreement shall be true and correct when made and as of the Closing Date as if made on the Closing Date. (b) ; The Purchaser MPT Parties shall have delivered, performed, observed and complied in all material respects with all of the items, instruments, documents, covenants, agreements and conditions required by this Agreement to be delivered, performed, observed and complied with by them prior to, or as of, the Closing. (c) ; The Purchaser MPT Parties shall have made the Loan to Monroe Seller; The MPT Parties shall have executed, where applicable, and delivered to the Seller Parties the documents referenced in Section 9.3 hereof; and The MPT Parties shall not have suffered any change, event or circumstance which has had, or would be reasonably expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Medical Properties Trust Inc)

AutoNDA by SimpleDocs

Conditions to the Obligations of the Seller Parties. The obligations of the Seller Parties to effect the transactions contemplated hereby shall be further subject to the fulfillment of the following conditions, any one or more of which may be waived by the Seller Parties: (a) All of the representations and warranties of Purchaser Parties set forth in this Agreement shall be true and correct when made and as of the Closing Date as if made on the Closing Date. (b) The Purchaser Parties shall have delivered, performed, observed and complied in all material respects with all of the items, instruments, documents, covenants, agreements and conditions required by this Agreement to be delivered, performed, observed and complied with by them prior to, or as of, the Closing. (c) The Purchaser Parties shall have executed, where applicable, and delivered to the Seller Parties the he documents referenced in Section 9.3 hereof. (d) The closing of the transactions contemplated by the Ocadian Purchase Agreement shall have occurred.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Medical Properties Trust Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!