Conditions to the Purchaser’s Obligations. The obligations of the Purchaser to consummate the transactions contemplated by this Agreement are subject to the satisfaction at or prior to the Closing (and shall remain satisfied at and as of the Closing) of the following additional conditions, any of which may be waived by the Purchaser in its sole discretion, in whole or in part: (a) Each of the representations and warranties of the Seller set forth in Article IV shall be true and correct in all material respects as of the Closing Date. (b) There shall not be any law in effect which would render the parties unable to consummate or perform the transactions contemplated hereby or make such transactions illegal or prohibit, restrict or delay such consummation or performance; and there shall not be in effect any injunction or other order issued by a court of competent jurisdiction restraining or prohibiting the consummation or performance of the transactions contemplated hereby.
Appears in 10 contracts
Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)
Conditions to the Purchaser’s Obligations. The obligations of the Purchaser Purchasers to consummate the transactions contemplated by this Agreement are subject to the satisfaction at or prior to the Closing (and shall remain satisfied at and as of the Closing) of the following additional conditions, any of which may be waived by the Purchaser Purchasers in its their sole discretion, in whole or in part:
(a) Each of the representations and warranties of the Seller Sellers set forth in Article IV shall be true and correct in all material respects as of the Closing Date.
(b) There shall not be any law in effect which would render the parties unable to consummate or perform the transactions contemplated hereby or make such transactions illegal or prohibit, restrict or delay such consummation or performance; and there shall not be in effect any injunction or other order issued by a court of competent jurisdiction restraining or prohibiting the consummation or performance of the transactions contemplated hereby.
Appears in 2 contracts
Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)