CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE Sample Clauses
The "Conditions Precedent to Seller's Performance" clause defines specific requirements or events that must be satisfied before the seller is obligated to fulfill their contractual duties, such as delivering goods or transferring ownership. These conditions might include the buyer securing financing, obtaining regulatory approvals, or providing necessary documentation. By establishing clear prerequisites, this clause protects the seller from being required to perform unless all agreed-upon conditions are met, thereby reducing risk and ensuring that both parties are prepared for the transaction to proceed smoothly.
POPULAR SAMPLE Copied 1 times
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. The obligations of Seller to sell and transfer the Assets under this Agreement are subject to the satisfaction, at or before the Closing, of all the following conditions:
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. 6.01 Conditions The obligations of Seller to sell and transfer the assets under this Agreement are subject to the satisfaction, at or before the closing, of all the following conditions in this Article 6.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. The obligations of Seller to sell and transfer the Assets under this Agreement are subject to the satisfaction, at or before the Closing, of all of the following conditions. Seller may waive any or all of these conditions in whole or in part, however, no such waiver of a condition shall constitute a waiver by Seller of any of its rights or remedies, at law or in equity, if Buyer should be in default of any of its representations, warranties or covenants under this Agreement.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. The obligations of Seller to consummate the transactions contemplated hereby shall be subject to the satisfaction, at or prior to the Closing, of the following conditions:
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. Seller’s obligation to sell the Property is subject to the satisfaction or written waiver of all conditions set forth below (which are for Seller’s benefit) within the time periods specified, or if no time period is specified, by the Closing Date.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. The obligations of Seller under this Agreement to a Buyer are subject to the satisfaction, at or before the Closing, of all the conditions set forth below in this Section 6. Seller may waive any or all of these conditions in whole or in part without prior notice; provided, however, that no such waiver of a condition shall constitute a waiver by Seller of any of its other rights or remedies, at law or in equity, if such Buyer shall be in default of any of its representations, warranties or covenants under this Agreement.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. All obligations of Seller under this Agreement are subject to the fulfillment, prior to or at the closing, of the following condition: (i) Buyer shall have performed and complied in all respects with all agreements and conditions required by this Agreement to be performed or complied with by it prior to or at the Closing.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. The obligations of the Seller to consummate the sale of the Assets to Purchaser contemplated by this Agreement under this Agreement are subject to the satisfaction of all the conditions set out in this Section 6.01. The Seller may waive any or all of these conditions in whole or in part without prior notice, provided, however, that no such waiver of a condition shall constitute a waiver by the Seller of any of its other rights or remedies, at law or in equity, if the Purchaser shall be in default of any of its representations, warranties or covenants under this Agreement:
(a) all representations by the Purchaser contained in this Agreement, shall be true on and as of the date of this Agreement and the Closing;
(b) the Purchaser shall have performed all covenants and agreements and satisfied all conditions required by this Agreement to be performed, complied with or satisfied, shall have released the Laurus Debt and its Liens on the Assets pursuant to the terms and conditions of the Release Agreement, and HSOA shall have issued the Shares to Laurus under the Release Agreement; and
(c) the Purchaser shall have furnished a certificate, executed on behalf of the Purchaser, confirming the matters expressed in Sections 6.01(a) and (b); and
(d) all applicable waiting periods including those promulgated under the rules and regulations of the Securities and Exchange Commission shall have expired.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. Seller’s obligation to sell the Property is subject to the satisfaction of all the conditions set forth below in this Article 7, within the time periods specified. If any of these conditions are not satisfied within the stated applicable time period, Seller may terminate this Agreement and cancel the Escrow. In the event Seller terminates this Agreement pursuant to this Article or because Buyer is otherwise in breach of this agreement, the escrow funds shall be distributed to Seller as liquidated damages pursuant to Article 4 hereinabove. Seller may waive, in writing, any or all of the conditions, in whole or in part, without prior notice to Buyer.
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE. Seller’s obligations hereunder are expressly contingent upon fulfillment of the following terms and conditions: