Common use of Conditions Precedent of Purchaser Clause in Contracts

Conditions Precedent of Purchaser. In addition to all other conditions set forth in this Agreement, Purchaser’s obligation to consummate the Closing is subject to the satisfaction of each and every one of the conditions precedent set forth in this section 6.1 (all of which are for the sole benefit of Purchaser): (a) All representations of Seller set forth in Section 5.1 shall be true, correct and complete in all material respects as of the Effective Date and shall be true, correct and complete in all material respects as of the Closing Date. (b) Seller shall have performed in all material respects all obligations required to be performed by Seller hereunder prior to or in connection with the Closing (including specifically, without limitation, the covenants of Seller set forth in Section 5.2).

Appears in 2 contracts

Sources: Liquidating Trust Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Limited Partnership Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)

Conditions Precedent of Purchaser. In addition to all other conditions set forth in this Agreement, Purchaser’s 's obligation to consummate the Closing is subject to the satisfaction of each and every one of the conditions precedent set forth in this section 6.1 (all of which are for the sole benefit of Purchaser): (a) All representations of Seller set forth in Section 5.1 shall be true, correct and complete in all material respects as of the Effective Date and shall be true, correct and complete in all material respects as of the Closing Date. (b) Seller shall have performed in all material respects all obligations required to be performed by Seller hereunder prior to or in connection with the Closing (including specifically, without limitation, the covenants of Seller set forth in Section 5.2)Closing.

Appears in 1 contract

Sources: Purchase Agreement (Behringer Harvard Mid Term Value Enhancement Fund I Lp)

Conditions Precedent of Purchaser. In addition to all other conditions set forth in this Agreement, Purchaser’s 's obligation to consummate the Closing is subject to the satisfaction of each and every one of the conditions precedent set forth in this section Section 6.1 (all of which are for the sole benefit of Purchaser): (a) All representations of Seller set forth in Section 5.1 shall be true, correct and complete in all material respects as of the Effective Date and shall be true, correct and complete in all material respects as of the Closing Date. (b) Seller shall have performed in all material respects all obligations required to be performed by Seller hereunder prior to or in connection with the Closing (including specifically, without limitation, the covenants of Seller set forth in Section 5.2)Closing.

Appears in 1 contract

Sources: Purchase Agreement (Behringer Harvard Reit I Inc)