Common use of Conditions to the Parties’ Obligation to Close Clause in Contracts

Conditions to the Parties’ Obligation to Close. (a) The obligation of the Selling Unitholder to sell the Purchased Units at the Closing is subject to the satisfaction (or waiver by the Selling Unitholder), at or before the Closing, of each of the following conditions:

Appears in 2 contracts

Samples: Purchase Agreement (Magellan Midstream Holdings Lp), Purchase Agreement (Magellan Midstream Partners Lp)

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Conditions to the Parties’ Obligation to Close. (a) 4.1 The obligation of the Selling Unitholder to sell the Purchased Units at the Closing is subject to the satisfaction (or waiver by the Selling Unitholder), at or before the ClosingClosing Date, of each of the following conditions:

Appears in 2 contracts

Samples: Purchase Agreement (Magellan Midstream Holdings Lp), Purchase Agreement (Magellan Midstream Holdings Lp)

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