Mutual Closing Conditions. The obligations of each party hereto to purchase shares of Common Stock under this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions: (i) The Transaction shall be consummated concurrently with or immediately following the purchase of the Shares. (ii) The representations and warranties of the other party in this Agreement shall have been true and correct as of the date hereof and shall be true and correct as of the Closing with the same effect as though such representations and warranties had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified date, which shall be true and correct as of such specified date). (iii) No order, writ, judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect, preventing the purchase of the Shares.
Appears in 5 contracts
Samples: Backstop Common Stock Purchase Agreement (STG Group, Inc.), Backstop Common Stock Purchase Agreement (Global Defense & National Security Holdings LLC), Backstop Common Stock Purchase Agreement (Global Defense & National Security Systems, Inc.)
