Common use of Effect of Conditions Clause in Contracts

Effect of Conditions. The Company's obligation to sell the Purchased Shares shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VII.

Appears in 5 contracts

Samples: Stock Purchase Agreement (CVC Inc), Securities Purchase Agreement (Bellsouth Corp), Securities Purchase Agreement (Starmedia Network Inc)

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Effect of Conditions. The Company's ’s obligation to sell the Purchased Shares shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VIIVI.

Appears in 2 contracts

Samples: Series a Convertible Preferred Securities Purchase Agreement, Securities Purchase Agreement (Medsonix Inc)

Effect of Conditions. The Company's obligation to sell the Purchased Shares and the Warrant shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VII.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lecroy Corp), Stock Purchase Agreement (Lecroy Corp)

Effect of Conditions. The Company's obligation to sell the Purchased Shares shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VIIVI.

Appears in 1 contract

Samples: Securities Purchase Agreement (Thestreet Com)

Effect of Conditions. The Company's obligation to sell the Purchased -------------------- Shares at each Closing shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VIIArticle.

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Bti Telecom Corp)

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Effect of Conditions. The Company's obligation of the Company to sell and issue the Purchased Shares at the Closing to the respective Purchasers shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VIIVI.

Appears in 1 contract

Samples: Series E Convertible Preferred Stock Purchase Agreement (Fleetcor Technologies Inc)

Effect of Conditions. The Company's obligation to sell the Purchased Shares shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VIIArticle.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Bti Telecom Corp)

Effect of Conditions. The Company's obligation to sell the -------------------- Purchased Shares shall be subject at its election to the satisfaction of each of the conditions stated in the following Sections of this Article VII.

Appears in 1 contract

Samples: Securities Purchase Agreement (Asymetrix Learning Systems Inc)

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