The Conditions Precedent Sample Clauses
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The Conditions Precedent. (a) must be satisfied in a form and substance satisfactory to ARENA; and
(b) are for the benefit of ARENA and may only be waived in writing by ARENA.
The Conditions Precedent. The Company’s right to exercise the Prepayment Option, to issue a Prepayment Option Notice and prepay the New Note is and shall be explicitly conditioned upon the following two conditions:
The Conditions Precedent. The obligations of the Company and the Company to issue to you the Shares will be subject to the fulfillment (or waiver by the Company) prior to or at the time of the Closing, of the following conditions:
The Conditions Precedent. The obligations of the Issuer and the Manager to issue to you the Notes shall be subject to the fulfillment (or waiver by the Manager) prior to or at the time of the Closing, of the following conditions:
The Conditions Precedent. 5.1 The completion of the transaction that is this Deed's subject is conditioned on the fulfilment of all of the conditions and the receipt of all of the Approvals listed below (the "Conditions Precedent") no later than the Final Date for the Transaction's Completion.
(a) Receipt of the Approval of the Purchaser's General Meeting as required by law for the Purchaser entering into this Deed.
(b) Receipt of the Approval of the [Israel] Commissioner of Restrictive Trade Practices for the parties' entering into this Deed and for executing the transaction that is this Deed's subject.
(c) To the extent required, the receipt of the Approval of the United States and/or European antitrust authorities for the parties' entering into this Deed and for executing the transaction that is this Deed's subject.
(d) Receipt of the [Israel] Ministry of Defense's Approval for the parties' entering into this Deed and for executing the transaction that is this Deed's subject.
(e) Receipt of the Company's Approval, by means of its authorized organs, as required by law, to transfer the Sold Shares from Koor to the Purchaser.
(f) Receipt of all the Approvals listed in Appendix "2.14" and in Appendix "3.4" to this Deed.
(g) The fulfilment of all of the conditions precedent that are required for the completion of Stage C of the Tadiran Communications Transaction, excluding the condition precedent for the completion of Stage C of the Tadiran Communications Transaction that relates to the receipt of all of the consents and Approvals that are required and the fulfilment of all of the conditions precedent to the Elisra Transaction (whose fulfilment is required pursuant to this Deed) (in this Section, the "Elisra Condition"), and that no legal impediment has been created to the completion of Stage C of the Tadiran Communications Transaction. Notwithstanding the foregoing, if any of the conditions precedent to the completion of Stage C of the Tadiran CommunicationsTransaction do not occur other than the Elisra Condition, or if an impediment is created to the completion of Stage C of the TadiranCommunications Transaction, the Purchaser shall be entitled, in its discretion, to determine to complete the transaction described in this Deed even before the completion of Stage C of the Tadiran Communications Transaction. Nothing in the foregoing derogates from the parties' undertakings as detailed in Section 5.3 of this Deed, or from the parties' rights under the Tadiran Communications Deed. Howe...
The Conditions Precedent to Closing shall be the following:
a) The Company, through its authorized representative, and the Promoters shall have duly executed each of the Transaction Documents to which they are Parties;
b) The Company and the Promoters shall have furnished to each of the Investors a certified copy of the resolutions of the Board of Directors and the Shareholders (as the case may be) approving (a) in-principle, the issue of the Subscription Shares to the Investors, pursuant to the terms of this Agreement; and (b) the execution of this Agreement and the execution hereof by the person signing or negotiating this CLOSING AND ALLOTMENT OF SHARES
3.4.1 Within 5 (five) Business Days upon receipt of Subscription Money (“Closing Date”), the Company and the Promoters shall ensure that the Company will carry out the following actions:
a) The Board of Directors shall hold a meeting of the Board and resolve to allot and issue Subscription Shares to the Investors.
b) Issue the duly stamped, signed and sealed share certificates in relation to the Subscription Shares issued by the Company which shall have the following legend printed: “The Shares represented by this certificate are subject to the terms and conditions contained in the Share Subscription and Shareholders Agreement dated [●] and the Articles of Association.”
c) Register each of the Investors as members of the Company and as the registered owners of the respective Subscription Shares and also register each of the Business Advisors as members of the Company and as the registered owners of the respective Advisor Shares, and provide a certified true copy of the relevant extract of the updated register of members maintained by the Company to each of the Investors and Business Advisors.
The Conditions Precedent. The obligations of the Company and the Placement Agent to issue to you the shares of the Company and to admit you as a investor at the Closing shall be subject to the fulfillment (or waiver by the Placement Agent) prior to or at the time of the Closing, of the following conditions:
The Conditions Precedent. The Company’s right to exercise the Prepayment Option, to issue a Prepayment Option Notice and prepay the Note is and shall be explicitly conditioned upon the following two conditions: (i) the last sale price (i.e., the closing bid price for the Company’s Common Stock in the Pink Sheet market or the OTC Bulletin Board market as reported by the Pink Sheets, LLC, NASDAQ or similar publisher of such quotations) for 20 consecutive trading days shall be $1.35 or greater; and (ii) a minimum average daily trading volume of 50,000 shares during such 20 day trading period (collectively the “Conditions Precedent”). The Prepayment Option Notice shall be mailed to the Lender at its address appearing in this Extension Agreement with a copy sent via email to ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ and shall be effective as of the day sent. The Lender shall have the absolute right to convert all or any portion of the New Note at any time prior to repayment by the Company without regard to or compliance with the Prepayment Option.
