Common use of Closing Closing Conditions Clause in Contracts

Closing Closing Conditions. The closing of the Note and Warrant Conversion (the "CLOSING") shall occur concurrently with, and subject to the occurrence of, the Effective Time; PROVIDED, that unless otherwise agreed to in writing by the Purchasers holding a majority of the outstanding principal amount of Senior Notes, the Closing shall not occur prior to July 31, 2005. The Closing shall be further conditioned upon the following: (a) the applicable waiting period(s) under the HSR Act with respect to the Note and Warrant Conversion, if applicable, shall have expired or been terminated; and (b) the Merger Agreement shall not have been amended, modified or waived in any manner that adversely affects the rights and obligations of the Purchasers without the consent of the Purchasers holding a majority of the outstanding principal amount of the Senior Notes.

Appears in 2 contracts

Sources: Senior Note and Warrant Conversion Agreement (Pearl Frank H), Senior Note and Warrant Conversion Agreement (Pearl Frank H)

Closing Closing Conditions. The closing of the Note and Warrant Conversion (the "CLOSING"“Closing”) shall occur concurrently with, and subject to the occurrence of, the Effective Time; PROVIDEDprovided, that unless otherwise agreed to in writing by the Purchasers holding a majority of the outstanding principal amount of Senior Notes, the Closing shall not occur prior to July 31, 2005. The Closing shall be further conditioned upon the following: (a) the applicable waiting period(s) under the HSR Act with respect to the Note and Warrant Conversion, if applicable, shall have expired or been terminated; and (b) the Merger Agreement shall not have been amended, modified or waived in any manner that adversely affects the rights and obligations of the Purchasers without the consent of the Purchasers holding a majority of the outstanding principal amount of the Senior Notes.

Appears in 1 contract

Sources: Senior Note and Warrant Conversion Agreement (Cardiac Science Inc)

Closing Closing Conditions. The closing of the Note and Warrant Conversion (the "CLOSINGClosing") shall occur concurrently with, and subject to the occurrence of, the Effective Time; PROVIDEDprovided, that unless otherwise agreed to in writing by the Purchasers holding a majority of the outstanding principal amount of Senior Notes, the Closing shall not occur prior to July 31, 2005. The Closing shall be further conditioned upon the following: (a) the applicable waiting period(s) under the HSR Act with respect to the Note and Warrant Conversion, if applicable, shall have expired or been terminated; and (b) the Merger Agreement shall not have been amended, modified or waived in any manner that adversely affects the rights and obligations of the Purchasers without the consent of the Purchasers holding a majority of the outstanding principal amount of the Senior Notes.

Appears in 1 contract

Sources: Senior Note and Warrant Conversion Agreement (CSQ Holding CO)