CONDITIONS PRECEDENT TO OBLIGATIONS OF ACQUIROR AND MERGER SUB Sample Clauses
This clause defines the specific requirements that must be satisfied before the Acquiror and Merger Sub are legally obligated to complete the merger transaction. Typically, these conditions may include obtaining necessary regulatory approvals, the accuracy of representations and warranties, and the fulfillment of covenants by the other party. By setting these prerequisites, the clause ensures that both parties are protected from proceeding with the transaction unless all agreed-upon standards and obligations have been met, thereby reducing risk and promoting transactional certainty.
CONDITIONS PRECEDENT TO OBLIGATIONS OF ACQUIROR AND MERGER SUB. The obligations of Acquiror and Merger Sub to consummate the Merger are subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Acquiror in whole or in part):