Common use of Conditions Precedent to Obligations of Each Party Relating to the Second Closing Clause in Contracts

Conditions Precedent to Obligations of Each Party Relating to the Second Closing. Without limiting Sections 3.2 or 9.3, the respective obligations of each of the Sellers and the Purchaser Parties to consummate the transactions subject to the Second Closing shall be subject only to the condition that the First Closing shall have occurred.

Appears in 2 contracts

Sources: Purchase Agreement (Edison Mission Energy), Purchase Agreement (International Power PLC)