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

Conditions Precedent to Each Party’s Obligations. The obligation of each party to consummate the Transactions is subject to the satisfaction (or waiver in writing by each party) of the following conditions:

Appears in 2 contracts

Sources: Merger Agreement (Oncor Electric Delivery Co LLC), Merger Agreement (InfraREIT, Inc.)

Conditions Precedent to Each Party’s Obligations. The obligation of each party to consummate the Transactions Contribution is subject to the satisfaction (or waiver in writing by each party) of the following conditions:

Appears in 2 contracts

Sources: Merger Agreement (Oncor Electric Delivery Co LLC), Merger Agreement (InfraREIT, Inc.)