CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS Sample Clauses

The 'Conditions Precedent to Obligations of Shareholders' clause defines specific requirements that must be satisfied before shareholders are legally bound to fulfill their obligations under an agreement. These conditions might include obtaining regulatory approvals, completion of due diligence, or the fulfillment of certain financial or operational milestones. By setting these prerequisites, the clause ensures that shareholders are only obligated to proceed once all critical factors are addressed, thereby protecting their interests and reducing the risk of unforeseen liabilities.
CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. All obligations of the Shareholders under this Agreement are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any or all of which may be waived in whole or in part by the Shareholders.
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. The obligations of Shareholders to consummate and effect the transactions contemplated hereunder shall be subject to the satisfaction of the following conditions, or to the waiver thereof by Shareholders before the Closing Date:
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. The obligations of Shareholders under this Agreement are, at the option of Shareholders, subject to satisfaction of the following conditions at or prior to the Closing Date:
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. All obligations of Shareholders to consummate the Transactions are subject to the satisfaction prior thereto of each of the following conditions:
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. The obligations of the Shareholders are subject to the following conditions:
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. Unless, at the Closing, each of the following conditions is either satisfied or waived by the Shareholders in writing, the Shareholders shall not be obligated to effect the transactions contemplated by this Agreement.
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. The sale of their Capital Stock by Shareholders is subject to the conditions set forth in this Article for the exclusive benefit of Shareholders to be fulfilled on or prior to the Closing Date. Shareholders may, however, waive the fulfillment of any of these conditions, either before or after the Closing Date, but any waiver, to be binding upon Shareholders, must be by a writing executed by, or on behalf of, them. IBS shall use commercially reasonable efforts to cause each condition to be fulfilled.
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS. The obligations of Shareholders to consummate this Agreement and to deliver 24 titles of 2,000 shares each and 4 titles of 500 shares each representing 50,000 bearer Shares, numbered 1 to 50,000, of the Company shall be subject to and shall be conditioned upon each of the following conditions precedent: a. All proceedings required to be taken by Whispering to authorize it to carry out this Agreement and to pay for the Company Shares pursuant to this Agreement have been duly validly taken. b. All of the terms, covenants and conditions of this Agreement to be complied with and performed by Whispering on or before the Closing Date shall have been complied with and performed. c. The representations and warranties made by Whispering in Section 5 hereof shell be true and correct in all material respects on and as of the Closing Date with the same force and effect as though such representations had been made on and as of the Closing Date, none of the Covenants of Whispering contained herein shall have been breached in any material respect as of the Closing Date. d. No consent, approval, authorization, or order of any court or governmental agency or administrative body not obtained in effect on the Closing Date shall be required for the consummation of the transactions contemplated by this Agreement and no claim, proceeding or litigation, either administrative or judicial shall be threatened or be pending against Whispering which, in the opinion of counsel for Shareholders, presents a reasonable probability that the transactions contemplated by this Agreement may be enjoined or prevented.
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CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS 
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Related to CONDITIONS PRECEDENT TO OBLIGATIONS OF SHAREHOLDERS

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BUYER The obligations of the Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction (or waiver by the Buyer in writing) of the following conditions as of the Closing Date:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligation of Seller to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, on or before the Closing Date hereunder, of each of the following conditions, all or any of which may be waived, in whole or in part, by Seller.

  • Conditions Precedent to Obligations of Sellers The obligation of Sellers to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, on or before the Closing Date hereunder, of each of the following conditions, all or any of which may be waived, in whole or in part, by Sellers.

  • Conditions Precedent to Obligations of the Purchaser The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by the Purchaser in whole or in part in its sole discretion):

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF BUYER The obligations of Buyer under this Agreement shall, at the option of Buyer, be subject to the satisfaction, on or prior to the Closing Date, of the following conditions: