Common use of Additional Conditions to Obligation of Parent and Merger Sub Clause in Contracts

Additional Conditions to Obligation of Parent and Merger Sub. The obligation of Parent and Merger Sub to effect the Merger is further subject to the satisfaction (or waiver by ▇▇▇▇▇▇ and Merger Sub) of the following conditions: (i) The Company shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing. (ii) Other than the representations and warranties listed in clauses (iii), (iv) and (v) of this Section 2.2(b), the representations and warranties of the Company set forth in Article 3 shall be true and correct in all respects (without giving effect to any materiality, Company Material Adverse Effect or similar qualifications set forth therein) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except for such failures to be true and correct that would not reasonably be expected to have a Company Material Adverse Effect. (iii) The representations and warranties of the Company set forth in Section 3.1(a)-(b) (Qualification, Organization, Subsidiaries), Section 3.3 (Authority; Enforceability), Section 3.4(a) and Section 3.4(b)(i) (Consents and Approvals; No Violation), Section 3.23 (Opinion of Financial Advisor), Section 3.24 (Finders or Brokers) and Section 3.25 (Takeover Laws) that (A) are not qualified by Company Material Adverse Effect or other materiality qualifications shall be true and correct in all material respects as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall be true and correct in all material respects as of such earlier date); and (B) are qualified by Company Material Adverse Effect or other materiality qualifications shall be true and correct in all respects (without disregarding such Company Material Adverse Effect or other materiality qualifications) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall be true and correct in all respects as of such earlier date); (iv) The representations and warranties of the Company set forth in the second sentence of Section 3.2(a), Section 3.2(b) and Section 3.2(c) (Capitalization) shall be true and correct in all respects (without giving effect to any Company Material Adverse Effect or other materiality qualifications) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent expressly made as of an earlier date, in which case as of such date), except where the failure to be so true and correct in all respects would not reasonably be expected to result in additional cost, expense or liability to the Company, Parent or their Affiliates, individually or in the aggregate, that is more than $12,500,000. (v) The representations and warranties of the Company set forth in Section 3.8(b) (Absence of Certain Changes) shall be true and correct in all respects as of the date hereof and as of the Closing as if made at and as of such time. (vi) Parent shall have received from the Company a certificate, dated as of the Closing Date and signed by its chief executive officer, certifying (on behalf of the Company) that the conditions set forth in Section 2.2(b)(i) through Section 2.2(b)(v) and Section 2.2(b)(vii) have been satisfied. (vii) No Company Material Adverse Effect will have occurred after the date hereof.

Additional Conditions to Obligation of Parent and Merger Sub. The obligation of Parent and Merger Sub to effect the Merger is further subject to the satisfaction (or waiver by ▇▇▇▇▇▇ Parent and Merger Sub) of the following conditions: (i) The Company shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing. (ii) Other than the representations and warranties listed in clauses (iii), (iv) and (v) of this Section 2.2(b), the representations and warranties of the Company set forth in Article 3 shall be true and correct in all respects (without giving effect to any materiality, Company Material Adverse Effect or similar qualifications set forth therein) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except for such failures to be true and correct that would not reasonably be expected to have a Company Material Adverse Effect. (iii) The representations and warranties of the Company set forth in Section 3.1(a)-(b3.1 (other than the penultimate sentence of Section 3.1(a)), the last sentence of clause (a) (Qualificationof Section 3.2, OrganizationSection 3.3, SubsidiariesSection 3.4(a), Section 3.3 (Authority; Enforceability), Section 3.4(a) and Section 3.4(b)(i) (Consents and Approvals; No Violation), Section 3.23 (Opinion of Financial Advisor), Section 3.24 (Finders or Brokers) and Section 3.25 (Takeover Laws) 3.24, that (A) are not qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all material respects as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all material respects as of such earlier date); and (B) are qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all respects (without disregarding such Company Material Adverse Effect or other materiality qualifications) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all respects as of such earlier date); (iv) The representations and warranties of the Company set forth in Section 3.2 (other than the second last sentence of clause (a) of Section 3.2(a), Section 3.2(b) and Section 3.2(c) (Capitalization3.2) shall be true and correct in all respects (without giving effect to any Company Material Adverse Effect or other materiality qualifications) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent expressly made as of an earlier date, in which case as of such date), except where the failure to be so true and correct in all respects would not reasonably be expected to result in additional cost, expense or liability to the Company, Parent or and their Affiliates, individually or in the aggregate, that is more than $12,500,00035,000,000. (v) The representations and warranties of the Company set forth in Section 3.8(b) (Absence of Certain Changes) shall will be true and correct in all respects as of the date hereof and as of the Closing as if made at and as of such time. (vi) Parent shall have received from the Company a certificate, dated as of the Closing Date and signed by its chief executive officer, certifying (on behalf of the Company) that the conditions set forth in Section 2.2(b)(i) through Section 2.2(b)(v) and Section 2.2(b)(vii) have been satisfied. (vii) No Company Material Adverse Effect will have occurred after the date hereofhereof that is continuing.

Additional Conditions to Obligation of Parent and Merger Sub. The obligation of Parent and Merger Sub to effect the Merger is further subject to the satisfaction (or waiver by ▇▇▇▇▇▇ and Merger Sub) of the following conditions: (i) The Company shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing. (ii) Other than the representations and warranties listed in clauses (iii), (iv) and (viv) of this Section 2.2(b), the representations and warranties of the Company set forth in Article ARTICLE 3 shall be true and correct in all respects (without giving effect to any materiality, Company Material Adverse Effect or similar qualifications set forth therein) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except for where the failure of such failures representations and warranties to be so true and correct that would not reasonably be expected to not, individually or in the aggregate, have a Company Material Adverse Effect. (iii) The representations and warranties of the Company set forth in Section 3.1(a)-(b) (Qualification3.1, OrganizationSection 3.3, SubsidiariesSection 3.4(a), Section 3.3 (Authority; Enforceability3.4(b)(i), Section 3.4(a) and Section 3.4(b)(i) (Consents and Approvals; No Violation)3.22, Section 3.23 (Opinion of Financial Advisor), and Section 3.24 (Finders or Brokers) and Section 3.25 (Takeover Laws) that (A) are not qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all material respects as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all material respects as of such earlier date); and (B) are qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all respects (without disregarding such Company Material Adverse Effect or other materiality qualifications) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all respects as of such earlier date);. (iv) The representations and warranties of the Company set forth in the second sentence of Section 3.2(a), Section 3.2(b) 3.2 and Section 3.2(c) (Capitalization3.8(b) shall be true and correct (and in all respects (the case of Section 3.2, without giving effect to any materiality, Company Material Adverse Effect or other materiality qualificationssimilar qualification set forth therein) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly made speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except where the failure to be so true and correct in all respects would not reasonably be expected to result in additional cost, expense or liability to the Company, Parent or their Affiliates, individually or in the aggregatecase of Section 3.2 only, that is more than $12,500,000for de minimis inaccuracies. (v) The representations and warranties of the Company set forth in Section 3.8(b) (Absence of Certain Changes) shall be true and correct in all respects as of the date hereof and as of the Closing as if made at and as of such time. (vi) Parent shall have received from the Company a certificate, dated as of the Closing Date and signed by its chief executive officer, certifying (on behalf of the Company) that the conditions set forth in Section 2.2(b)(i) through Section 2.2(b)(v2.2(b)(iv) and Section 2.2(b)(vii2.2(b)(vi) have been satisfied. (viivi) No Company Material Adverse Effect will have occurred after the date hereofhereof that is continuing. (vii) The Company shall have delivered to Parent, no later than three (3) Business Days prior to the Closing, the Payoff Letters.

Additional Conditions to Obligation of Parent and Merger Sub. The obligation of Parent and Merger Sub to effect the Merger is further subject to the satisfaction (or waiver by ▇▇▇▇▇▇ Parent and Merger Sub) of the following conditions: (i) The Company shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing. (ii) Other than the representations and warranties listed in clauses (iii), (iv) and (v) of this Section 2.2(b), the representations and warranties of the Company set forth in Article 3 shall be true and correct in all respects (without giving effect to any materiality, Company Material Adverse Effect or similar qualifications set forth therein) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except for such failures to be true and correct that would not reasonably be expected to have a Company Material Adverse Effect. (iii) The representations and warranties of the Company set forth in Section 3.1(a)-(b3.1 (other than the penultimate sentence of Section 3.1(a)), the last sentence of clause (a) (Qualificationof Section 3.2, OrganizationSection 3.3, SubsidiariesSection 3.4(a), Section 3.3 (Authority; Enforceability), Section 3.4(a) and Section 3.4(b)(i) (Consents and Approvals; No Violation), Section 3.23 (Opinion of Financial Advisor), Section 3.24 (Finders or Brokers) and Section 3.25 (Takeover Laws) 3.24, that (A) are not qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all material respects as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all material respects as of such earlier date); and (B) are qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all respects (without disregarding such Company Material Adverse Effect or other materiality qualifications) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all respects as of such earlier date); (iv) The representations and warranties of the Company set forth in Section 3.2 (other than the second last sentence of clause (a) of Section 3.2(a), Section 3.2(b) and Section 3.2(c) (Capitalization3.2) shall be true and correct in all respects (without giving effect to any Table of Contents Company Material Adverse Effect or other materiality qualifications) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent expressly made as of an earlier date, in which case as of such date), except where the failure to be so true and correct in all respects would not reasonably be expected to result in additional cost, expense or liability to the Company, Parent or and their Affiliates, individually or in the aggregate, that is more than $12,500,00060,000,000. (v) The representations and warranties of the Company set forth in Section 3.8(b) (Absence of Certain Changes) shall will be true and correct in all respects as of the date hereof and as of the Closing as if made at and as of such time. (vi) Parent shall have received from the Company a certificate, dated as of the Closing Date and signed by its chief executive officer, certifying (on behalf of the Company) that the conditions set forth in Section 2.2(b)(i) through Section 2.2(b)(v) and Section 2.2(b)(vii) have been satisfied. (vii) No Company Material Adverse Effect will have occurred after the date hereofhereof that is continuing.

Additional Conditions to Obligation of Parent and Merger Sub. The obligation of Parent and Merger Sub to effect the Merger is further subject to the satisfaction (or waiver by ▇P▇▇▇▇▇ and Merger Sub) of the following conditions: (i) The Company shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing. (ii) Other than the representations and warranties listed in clauses (iii), (iv) and (v) of this Section 2.2(b), the representations and warranties of the Company set forth in Article 3 shall be true and correct in all respects (without giving effect to any materiality, Company Material Adverse Effect or similar qualifications set forth therein) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty will be true and correct as of such earlier date), except for such failures to be true and correct that would not reasonably be expected to have a Company Material Adverse Effect. (iii) The representations and warranties of the Company set forth in Section 3.1(a)-(b) 3.1 (Qualification, Organization, Subsidiariesother than the penultimate sentence of Section 3.1(a)), Section 3.3 (Authority; Enforceability3.3, Section 3.4(a), Section 3.4(a) and Section 3.4(b)(i) (Consents and Approvals; No Violation), Section 3.23 (Opinion of Financial Advisor), Section 3.24 (Finders or Brokers) and Section 3.25 (Takeover Laws) 3.24, that (A) are not qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all material respects as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all material respects as of such earlier date); and (B) are qualified by Company Material Adverse Effect or other materiality qualifications shall will be true and correct in all respects (without disregarding such Company Material Adverse Effect or other materiality qualifications) as of the date hereof and as of the Closing as if made at and as of such time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall will be true and correct in all respects as of such earlier date); (iv) The representations and warranties of the Company set forth in the second sentence of Section 3.2(a), Section 3.2(b) and Section 3.2(c) (Capitalization) 3.2 shall be true and correct in all respects (without giving effect to any Company Material Adverse Effect or other materiality qualifications) as of the date hereof at and as of the Closing as if made at and as of such time (except to the extent expressly made as of an earlier date, in which case as of such date), except where the failure to be so true and correct in all respects would not reasonably be expected to result in additional cost, expense or liability to the Company, Parent or and their Affiliates, individually or in the aggregate, that is more than $12,500,00010,000,000. (v) The representations and warranties of the Company set forth in Section 3.8(b) (Absence of Certain Changes) shall will be true and correct in all respects as of the date hereof and as of the Closing as if made at and as of such time. (vi) Parent shall have received from the Company a certificate, dated as of the Closing Date and signed by its chief executive officer, certifying (on behalf of the Company) that the conditions set forth in Section 2.2(b)(i) through Section 2.2(b)(v) and Section 2.2(b)(vii) have been satisfied. (vii) No Company Material Adverse Effect will have occurred after the date hereofhereof that is continuing. (viii) The Company will have delivered to Parent, no later than one Business Day prior to the Closing, the Payoff Letters.