Security For Certain Obligations of Buyer Sample Clauses

Security For Certain Obligations of Buyer. At the Closing, the Buyer will execute and deliver to Sellers the Pledge and Security Agreement, pursuant to which the Buyer will pledge 25% of the Company Shares to the Seller as security for the obligations of the Buyer under the Note and the Buyer’s obligation to make the Contingent Earnout Payment under Section 2.6.1 or 2.6.2.
Sample 1
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Security For Certain Obligations of Buyer. At the Closing, the Buyer agrees to execute and deliver to the Parent a Pledge and Security Agreement, (the “Pledge Agreement”) in the form of Exhibit B hereto, pursuant to which such Buyer will pledge the Purchased Shares acquired by the Buyer to the Parent (or its subsidiary designee), as security for (i) any Losses of the Parent and the Company as a result of breaches of the representations and warranties and agreements made by the Buyer or the Shareholders under this Agreement; and (ii) subject to an aggregate limitation of $1,000,000, any Losses of the Parent and the Company as a result of breaches of the representations and warranties and agreements made by Managed Care of America, Inc. under the Merger Agreement.
Sample 1

Related to Security For Certain Obligations of Buyer

  • Obligations of Buyer At the Closing, Buyer shall deliver to Seller the following:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF BUYER The obligations of Buyer under this Agreement shall, at the option of Buyer, be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Conditions Precedent to Obligations of the Purchaser The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by the Purchaser in whole or in part to the extent permitted by applicable law):

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BUYER The obligations of the Buyer under this Agreement shall be subject to the satisfaction, at or prior to the Closing Date, of all of the following conditions, any one or more of which may be waived by the Buyer:

  • Conditions Precedent to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Sellers in whole or in part to the extent permitted by applicable law):

  • Conditions Precedent to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Seller in whole or in part to the extent permitted by applicable law):

  • Conditions to Obligations of Buyer The obligations of Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Buyer’s waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Purchaser The obligations of the Purchaser to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Obligations of the Company The obligations of the Company to effect the Merger and otherwise consummate the transactions contemplated by this Agreement are subject to the satisfaction, at or prior to the Closing, of the following conditions:

  • Conditions Precedent to Obligations of the Parties The obligations of each Party to effect the Closing and to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver by such Party on or prior to the Closing Date of the following conditions:

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