CONDITIONS OF THE COMPANY'S OBLIGATION Sample Clauses
The "Conditions of the Company's Obligation" clause defines the specific requirements that must be satisfied before the company is legally required to fulfill its obligations under an agreement. Typically, these conditions may include the completion of due diligence, receipt of necessary approvals, or the fulfillment of certain representations and warranties by the other party. By setting out these prerequisites, the clause ensures that the company is protected from having to perform its duties unless all agreed-upon conditions are met, thereby managing risk and providing clarity on when obligations become enforceable.
CONDITIONS OF THE COMPANY'S OBLIGATION. The obligation of the Company to sell the Shares at the Closing is subject to the satisfaction of the following conditions:
CONDITIONS OF THE COMPANY'S OBLIGATION. The obligations of the Company under this Agreement are subject to the fulfillment, or the waiver, of the following conditions on or before the Closing:
(a) The representations and warranties of the Purchaser contained in Article VI shall be true and correct on and as of the date of Closing with the same effect as though such representations and warranties had been made on and as of that date.
(b) The Purchaser shall have performed and complied with all agreements and conditions contained in this Agreement required to be performed or complied with by the Purchaser prior to or at the Closing.
CONDITIONS OF THE COMPANY'S OBLIGATION. The Company's obligation to sell the Purchased Shares shall be subject to the accuracy on the date of the Closing of the representations and warranties of the Purchaser contained in this Agreement and payment of the purchase price for the Purchased Shares as provided in Section 2.3 hereof.
CONDITIONS OF THE COMPANY'S OBLIGATION. The obligation of the Company to consummate the transactions contemplated by this Agreement at the Closing is subject to the satisfaction of the following conditions:
CONDITIONS OF THE COMPANY'S OBLIGATION. The obligations of the Company to the Investors under this Agreement are subject to the fulfillment on or before the Closing Date of each of the following conditions:
CONDITIONS OF THE COMPANY'S OBLIGATION. The Company’s obligation to effect the Merger at the Closing is subject to the satisfaction as of the Closing of the following conditions precedent:
CONDITIONS OF THE COMPANY'S OBLIGATION. The obligation of the Company to issue and sell the Securities hereunder is subject to the conditions that, at the time of the closing of the offering of the Securities, simultaneous closings occur with respect to (i) the Common Stock Offering and (ii) the Pride Acquisition.
CONDITIONS OF THE COMPANY'S OBLIGATION. The Company's obligation to sell the Debentures at each of the Closings shall be subject to the accuracy on the date of the applicable Closing of the representations and warranties of the Purchasers contained in this Agreement and the performance by the Purchasers of all agreements, covenants and conditions contained in this Agreement required to be performed by them at or prior to such Closing.
CONDITIONS OF THE COMPANY'S OBLIGATION. With respect to each Funding Date, the obligation of the Company to issue and sell the shares of Series A Preferred Stock to each Purchaser participating thereat is subject to the satisfaction or waiver by the Company, at or prior to such Funding Date, of the following conditions:
CONDITIONS OF THE COMPANY'S OBLIGATION. The Company's obligation to sell the Purchased Shares shall be subject to (a) the compliance and performance by the Investors with all of the agreements, covenants and conditions contained in this Agreement and required to be performed or complied with by the Investors at or before the Closing and to accuracy on the date of the Closing of the representations and warranties of the Investors contained in this Agreement, and (b) the execution and delivery by the Investors with, the Shareholders Agreement and the Confidentiality Agreement substantially in the form of Exhibits C and G attached hereto. ---------- -