Common use of Further Conditions to Obligation of WPL to Effect the Merger Clause in Contracts

Further Conditions to Obligation of WPL to Effect the Merger. The obligation of WPL to effect the Merger shall be further subject to the satisfaction, on or prior to the Closing Date, of the following conditions, except as may be waived by WPL in writing pursuant to Section 10.5: (a) Performance of Obligations. IES (and/or its appropriate Subsidiaries) and Interstate (and/or its appropriate Subsidiaries) will have performed their agreements and covenants contained in Sections 7.3 and 7.4 and will have performed in all material respects their other agreements and covenants contained in or contemplated by this Agreement and the IES/WPL and Interstate/WPL Stock Option Agreements required to be performed by it at or prior to the Effective Time.

Appears in 4 contracts

Samples: Merger Agreement (Wisconsin Power & Light Co), Merger Agreement (Interstate Power Co), Merger Agreement (Ies Industries Inc)

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