Common use of Joint Conditions to the Parties’ Obligations Clause in Contracts

Joint Conditions to the Parties’ Obligations. The obligations of the Parties to consummate the Transactions are subject to the fulfillment of all the following conditions on or prior to the Closing Date: (a) No Law will have been enacted or promulgated by any Governmental Authority that prohibits the consummation of the Transactions; (b) There will be no Order of a court of competent jurisdiction in effect precluding consummation of the Transactions; and (c) All waiting periods (including any extensions thereof) set forth in the HSR Act will have expired or have been terminated.

Appears in 5 contracts

Samples: Merger Agreement (Revelyst, Inc.), Merger Agreement (Outdoor Products Spinco Inc.), Agreement and Plan of Merger (Outdoor Products Spinco Inc.)

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Joint Conditions to the Parties’ Obligations. The obligations of the Parties to consummate the Transactions are subject to the fulfillment of all of the following conditions on or prior to the Closing Date: (a) No no Law will have been enacted or promulgated by any Governmental Authority that prohibits the consummation of the Transactions; (b) There there will be no final and non-appealable Order of a court of competent jurisdiction in effect precluding consummation of the Transactions; and (c) All all applicable waiting periods (including any extensions thereof) set forth in under the HSR Act will and any other applicable Antitrust Laws shall have expired or have been terminated.

Appears in 1 contract

Samples: Merger Agreement (Carbonite Inc)

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