Common use of Satisfaction of Seller Closing Conditions Clause in Contracts

Satisfaction of Seller Closing Conditions. Seller’s obligation to close the transaction described in this Agreement is subject to the satisfaction at or before Closing of each of the following conditions precedent (the “Seller Closing Conditions”): (a) Purchaser shall have paid to Seller or deposited the Purchase Price with Escrow Agent, and provided Escrow Agent with written direction to disburse the Purchase Price to Seller. (b) All other Purchaser Closing Deliveries shall have been delivered to Seller or deposited with Escrow Agent in the Closing Escrow to be delivered to Seller at Closing. (c) All representations and warranties of Purchaser in this Agreement shall be true and correct in all material respects as of the Closing. (d) The obligations of Purchaser in this Agreement shall have been performed in all material respects.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!