Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF PURCHASER AND PARENT Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF PURCHASER AND PARENT. The obligations of Purchaser and Parent under this Agreement are subject to the fulfillment in all respects of the following conditions precedent on or before the Closing Date, each of which may be waived in writing at the sole discretion of Purchaser and Parent. The Seller Parties must deliver a certificate executed by each Seller Party certifying the satisfaction in all respects of the conditions precedent set forth in this Section 10. If any of the conditions precedent to the obligations of Purchaser and Parent are not satisfied or waived on the Closing Date, Purchaser and Parent will have the right to elect not to proceed with the Closing and the parties will have no further rights or obligations under this Agreement or otherwise.

Appears in 1 contract

Sources: Stock Purchase Agreement (Lecg Corp)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PURCHASER AND PARENT. The obligations of Purchaser and Parent under this Agreement are subject to the fulfillment in of all respects of the following conditions precedent on or before the Closing Date, each of which may be waived in writing at the sole discretion of Purchaser Purchaser. Sellers must execute and Parent. The Seller Parties must deliver a certificate executed by each Seller Party in substantially the form attached hereto as Exhibit H certifying the satisfaction in of all respects of the conditions precedent set forth in this Section 1011. If any of the conditions precedent to the obligations of Purchaser and Parent are not satisfied or waived on the Closing Date, Purchaser and Parent will have the right to elect not to proceed with the Closing and the parties will have no further rights or obligations under this Agreement Agreement, the Director Agreements or otherwise.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lecg Corp)