Common use of SATISFACTION WITH DUE DILIGENCE, FINANCIAL PERFORMANCE AND APPROVAL Clause in Contracts

SATISFACTION WITH DUE DILIGENCE, FINANCIAL PERFORMANCE AND APPROVAL. Recycling shall be satisfied, in its sole discretion, with (a) the results of its legal, accounting and financial due diligence investigation of Seller and its operations, including, without limitation, the results of the Environmental Studies and any Safety Audits, and (b) Seller's financial performance up to the Closing Date. Further, the terms and conditions of this Agreement shall have been approved by Recycling's senior management, its Board of Directors, and the Lender, each in their sole discretion.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Recycling Industries Inc), Asset Purchase Agreement (Recycling Industries Inc), Asset Purchase Agreement (Recycling Industries Inc)

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SATISFACTION WITH DUE DILIGENCE, FINANCIAL PERFORMANCE AND APPROVAL. Recycling shall be satisfied, in its sole reasonable discretion, with (a) the results of its legal, accounting and financial due diligence investigation of Seller the Company and its operations, including, without limitation, the results of the Environmental Studies and any Safety AuditsStudies, and (b) Sellerthe Company's financial performance up to the Closing Date. Further, the terms and conditions of this Agreement shall have been approved by Recycling's senior management, its Board of Directors, and the Lender, each in their sole discretion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Recycling Industries Inc)

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SATISFACTION WITH DUE DILIGENCE, FINANCIAL PERFORMANCE AND APPROVAL. Recycling shall be satisfied, in its sole reasonable discretion, with (a) the results of its legal, accounting and financial due diligence investigation of Seller Money Point and its operations, including, without limitation, the results of the Environmental Studies and any Safety AuditsStudies, and (b) SellerMoney Point's financial performance up to the Closing Date. Further, the terms and conditions of this Agreement shall have been approved by Recycling's senior management, its Board of Directors, and the Lender, each in their sole discretion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Recycling Industries Inc)

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