Common use of Purchaser Board Approval Clause in Contracts

Purchaser Board Approval. A condition to the obligation of the Company and Trussnet to consummate the transactions contemplated by this Agreement shall be that on or before 5:00 P.M. (California time), the Purchaser or its legal counsel shall have confirmed in writing to the Company and its counsel by email or facsimile transmission that the board of directors of the Purchaser shall have approved this Agreement and the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)

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Purchaser Board Approval. A condition to the obligation of the Company and Trussnet to consummate the transactions contemplated by this Agreement shall be that on or before 5:00 P.M. (California time)) on a date which shall be not more than three (3) Business Days following the date of execution of this Agreement by all of the Parties, the Purchaser or its legal counsel shall have confirmed in writing to the Company and its counsel by email or facsimile transmission that the board of directors of the Purchaser shall have approved this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Asia Special Situation Acquisition Corp)

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Purchaser Board Approval. A condition to the obligation of the Company and Trussnet to consummate the transactions contemplated by this Agreement shall be that on or before 5:00 P.M. (California time)) on a date which shall be not more than three (3) Business Days following the date of execution of this Agreement by all of the Parties, the Purchaser or its legal counsel shall have confirmed in writing to the Company and its counsel by email or facsimile transmission that the board of directors of the Purchaser shall have approved this Agreement and the transactions contemplated hereby.. Execution Copy

Appears in 1 contract

Samples: Stock Purchase Agreement (China Tel Group Inc)

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