Conditions Precedent to the Obligation of the Purchasers to Close and to Purchase the Notes Sample Clauses
This clause defines the specific requirements that must be satisfied before the purchasers are obligated to complete the transaction and purchase the notes. Typically, these conditions may include the accuracy of representations and warranties, the fulfillment of covenants by the issuer, and the absence of material adverse changes. By setting out these prerequisites, the clause ensures that purchasers are protected from unforeseen issues and only proceed with the purchase if all agreed-upon conditions are met, thereby allocating risk and providing transactional certainty.
Conditions Precedent to the Obligation of the Purchasers to Close and to Purchase the Notes. The obligation hereunder of the Purchasers to purchase the Units and consummate the transactions contemplated by this Agreement is subject to the satisfaction or waiver, at or before such Closing, of each of the conditions set forth below. These conditions are for the Purchasers’ sole benefit and may be waived by the Purchasers at any time in their sole discretion.
Conditions Precedent to the Obligation of the Purchasers to Close and to Purchase the Notes. The obligation hereunder of the Purchasers to purchase the Notes and consummate the transactions contemplated by this Agreement is subject to the satisfaction or waiver, at or before the Closing Date, of each of the conditions set forth below. These conditions are for the Purchasers’ sole benefit and may be waived by the Purchasers at any time in their sole discretion.