Common use of Conditions of Each Party’s Obligations Clause in Contracts

Conditions of Each Party’s Obligations. The obligations of the parties under this Agreement are subject to the satisfaction, on or before the Closing Date, of the following conditions, any of which may be waived in writing by the Company or the Purchaser, as applicable, in its sole discretion: (a) No Governmental Order or other Law preventing or making illegal the consummation of the transactions contemplated under this Agreement shall be in effect.

Appears in 1 contract

Sources: Convertible Note Purchase Agreement (NQ Mobile Inc.)

Conditions of Each Party’s Obligations. The obligations of the parties under this Agreement are subject to the satisfaction, on or before the Closing Date, of the following conditions, any of which may be waived in writing by the Company or the PurchaserPurchasers, as applicable, in its sole discretion: (a) No Governmental Order or other Law preventing or making illegal the consummation of the transactions contemplated under this Agreement shall be in effect.

Appears in 1 contract

Sources: Convertible Note Purchase Agreement (Bitauto Holdings LTD)