In Favour of all Parties. The obligations of all parties under this Agreement are subject to the fulfillment of the following conditions prior to the Closing or such other time as herein provided: (a) approval of the directors of the Issuer of the Transaction; (b) approval of the shareholders of 226 of the Transaction, if required; (c) approval of the directors of 226 of the Transaction; (d) approval of the shareholders of the Issuer of the Transaction, if required; (e) there shall not be in force any order or decree restraining or enjoining the consummation of the transactions contemplated by this Agreement, including, without limitation, the Transaction; (f) there being no prohibition at law against closing of the Transaction; (g) all consents, orders and approvals required for the completion of the Transaction and transactions ancillary thereto shall have been obtained or received from the Persons, authorities or bodies having jurisdiction in the circumstances, all on terms satisfactory to all of the parties hereto, acting reasonably; and (h) this Agreement shall have not been terminated in accordance with Article 10 of this Agreement. The conditions precedent set forth above are for the benefit of all parties and may only be waived in writing by the Issuer and 226 for itself, and on behalf of the 226 Shareholders, in whole or in part on or before Closing.
Appears in 1 contract
Samples: Share Exchange Agreement
In Favour of all Parties. The obligations of all parties under this Agreement are subject to the fulfillment of the following conditions prior to the Time of Closing or such other time as herein provided:provided:
(a) approval of the directors of the Issuer of the Transaction;
(b) approval of the shareholders of 226 of the Transaction, if required;
(c) approval of the directors of 226 Numberco of the Transaction;
(d) approval of the shareholders of the Issuer of the Transaction, if required;
(ec) there shall not be in force any order or decree restraining or enjoining the consummation of the transactions contemplated by this Agreement, including, without limitation, the Transaction;
(fd) there being no prohibition at law against closing of the Transaction;
(ge) all consents, orders and approvals required for the completion of the Transaction and transactions ancillary thereto shall have been obtained or received from the Persons, authorities or bodies having jurisdiction in the circumstances, all on terms satisfactory to all of the parties hereto, acting reasonably; and
(hf) this Agreement shall have not been terminated in accordance with Article 10 of this Agreement. The conditions precedent set forth above are for the benefit of all parties and may only be waived in writing by the Issuer and 226 Numberco for itself, and on behalf of the 226 ShareholdersNumberco Securityholders, in whole or in part on or before the Time of Closing.
Appears in 1 contract
Samples: Securities Exchange Agreement
In Favour of all Parties. The obligations of all parties under this Agreement are subject to the fulfillment of the following conditions prior to the Time of Closing or such other time as herein provided:provided:
(a) approval of the directors of the Issuer of the Transaction;
(b) approval of the shareholders of 226 of the Transaction, if required;
(c) approval of the directors of 226 UXD of the Transaction;
(d) approval of the shareholders of the Issuer of the Transaction, if required;
(ec) there shall not be in force any order or decree restraining or enjoining the consummation of the transactions contemplated by this Agreement, including, without limitation, the Transaction;
(fd) there being no prohibition at law against closing of the Transaction;
(ge) all consents, orders and approvals required for the completion of the Transaction and transactions ancillary thereto shall have been obtained or received from the Persons, authorities or bodies having jurisdiction in the circumstances, all on terms satisfactory to all of the parties hereto, acting reasonably; and
(hf) this Agreement shall have not been terminated in accordance with Article 10 of this Agreement. The conditions precedent set forth above are for the benefit of all parties and may only be waived in writing by the Issuer and 226 UXD for itself, and on behalf of the 226 UXD Shareholders, in whole or in part on or before the Time of Closing.
Appears in 1 contract
Samples: Share Exchange Agreement
In Favour of all Parties. The obligations of all parties under this Agreement are subject to the fulfillment of the following conditions prior to the Time of Closing or such other time as herein provided:provided:
(a) approval of the directors of the Issuer of the Transaction, and, only if applicable, the shareholders of the Issuer;
(b) approval of the shareholders of 226 of the Transaction, if required;
(c) approval of the directors of 226 Cybeats of the Transaction;
(d) approval of the shareholders of the Issuer of the Transaction, if required;
(ec) there shall not be in force any order or decree restraining or enjoining the consummation of the transactions contemplated by this Agreement, including, without limitation, the Transaction;
(fd) there being no prohibition at law against closing of the Transaction;
(ge) all consents, orders and approvals required for the completion of the Transaction and transactions ancillary thereto shall have been obtained or received from the Persons, authorities or bodies having jurisdiction in the circumstances, all on terms satisfactory to all of the parties hereto, acting reasonably; and
(hf) this Agreement shall have not been terminated in accordance with Article 10 of this Agreement. The conditions precedent set forth above are for the benefit of all parties and may only be waived in writing by the Issuer and 226 Cybeats for itself, and on behalf of the 226 Cybeats Shareholders, in whole or in part on or before the Time of Closing.
Appears in 1 contract
Samples: Share Exchange Agreement